News
Insurance
American International Group (AIG) has hired a senior executive from Accenture to enhance its general insurance’s business and technology operations infrastructure as well as align end-to-end processes with target operating models. 7 June 2019
Insurance
UK insurer Aviva is expecting approximately 1,800 role reductions across the group over the next three years as part of its efforts to reduce expenses by £300 million per annum by 2022, according to its new CEO Maurice Tulloch. 6 June 2019
Insurance
American International Group (AIG) has appointed Kean Driscoll as global chief underwriting officer for property and agriculture, general insurance, and Alexander Baugh to the new role of global chief underwriting officer for casualty and financial lines, general insurance. 6 June 2019
Insurance
Specialist re/insurance broker BMS Group has secured a significant long-term investment from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP). 6 June 2019
Insurance
The Managing General Agents’ Association (MGAA) has launched an online training platform, called MGA Assess, developed in partnership with the Chartered Insurance Institute (CII). 6 June 2019
Insurance
Industry veteran Stephen Catlin has joined Motive Partners, an investment firm focused on technology companies in the financial services industry, as a member of its global advisory council. 5 June 2019
Insurance
UK-based insurance intermediary PIB Group has acquired the Cobra group of companies, taking the amount of premium placed or influenced by PIB from £550 million to £900 million. 5 June 2019
Insurance
American International Group (AIG) has promoted David McElroy, currently president and CEO of Lexington, to president and CEO of general insurance operations in North America, taking over from Lex Baugh. 5 June 2019
Insurance
Florida-based property and casualty insurance company United Insurance Holdings (UPC) has renewed its catastrophe reinsurance programmes, taking its total limit to $4 billion. 5 June 2019
Insurance
Technology-driven risk solutions provider Sedgwick has appointed Beatriz Cabrera as director of its Brazil operations, which cover several key areas of loss adjusting, including construction, engineering, energy, liability, marine and property. 5 June 2019
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