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Insurance
Beazley adds non-executive director to board
Specialist insurer Beazley has appointed David Roberts to its board as a non-executive director.   25 October 2017
Insurance
Cat bonds key to closing protection gap
Sponsoring transparent and understandable cat bonds—including bonds that use parametric triggers—could become one of the most effective risk transfer instruments for emerging economies to resolve the developing issue of the protection gap at the macro level, Kirill Savrassov, CEO of Phoenix CRetro, a niche Bermudian ILS specialist, told Baden-Baden Today.   25 October 2017
Insurance
Regulations pose challenges for insurtech innovation
A major challenge posed by insurtech is how to achieve innovation and improvement in a highly regulated sector, Andrea Best, a London-based partner at law firm Drinker Biddle and Reath, told Baden-Baden Today.   25 October 2017
Insurance
Insurdata raises over $1m in seed funding
Insurdata, an insurtech firm which intelligently captures, enhances, scores and transfers high-resolution, peril-specific exposure and risk data, has raised over $1 million in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play.   24 October 2017
Insurance
HW Wood expands London team with Aon, Marsh and Howden hires
Lloyd's broker HW Wood has appointed Steve Redgwell to the UK board and as head of UK retail, Elissa Davidson as head of professional lines and David Murphy as head of real estate.   24 October 2017
Insurance
Not all reinsurers are created equal
Flaspöhler, part of NMG Consulting, conducts an annual global study designed to illustrate reinsurers’ competitive positioning and value proposition in relation to their peers. Here, we reveal how the top reinsurers fared when brokers and insurance executives across Europe, the Middle East and Africa were surveyed.   24 October 2017
Insurance
Rates to return to risk-adequate levels
Although Munich Re issued a profit warning in September as a result of the Fall nat cat events in Mexico and the US, it is still not ready to release figures for the losses. Hermann Pohlchristoph, a member of Munich Re’s Board of Management, said in a press briefing at Baden-Baden that the company was reluctant to be the first to release such figures.   24 October 2017
Insurance
Insurers must learn to sell themselves better
Despite the many investments being made in innovation by re/insurers, few are focusing on the one thing that could gain them new business: a more sophisticated sales process, argues John Holm at Lloyd’s managing general agent Asta.   24 October 2017
Insurance
RMS hires Munich Re’s Arnoldussen to target growth in Europe
Risk modelling and data analytics firm RMS has appointed former Munich Re executive Ludger Arnoldussen to strengthen its position in the European market, Germany in particular.   23 October 2017
Insurance
£7bn of London Market business directly impacted by Brexit
Overall premium income for the London company market in 2016 was £22.7 billion, a 2.9 percent increase on restated figures for 2015, a new report by the International Underwriting Association has revealed.   23 October 2017

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