News

Insurance

OneBeacon exits crop business

Specialty insurer OneBeacon Insurance Group has exited the crop business following the sale of its managing general agency Climate Crop Insurance Agency.   4 August 2015

Insurance

Phinsys and PWC unite to deliver tech tools to manage rise in regulatory demands; IFRS17

A partnership between finance automation software provider Phinsys and consultants PwC has developed technology to enable finance transformation and streamlined IFRS 17 projects.   23 July 2019

Insurance

AXA XL partners with Guidewire on cyber risk modelling

Re/insurer AXA XL has collaborated with property/casualty platform provider Guidewire Software on risk modelling solution to help quantify the financial impact of cyber risk exposures.   29 January 2019

Insurance

McLarens appoints Smart to new global leadership role, Wallace to lead UK business in growth move

Global loss adjuster McLarens has appointed Graham Smart to the newly created global role of chief commercial officer, as it looks to ramp up its strategic growth plans and expand its service offerings.   4 April 2019

Insurance

AIG hires Lillelund as Europe CEO

American International Group (AIG) has hired Thomas Lillelund to become CEO of its new unit AIG Europe SA.   8 August 2018

Insurance

Kenya key to fruitful US-Africa insurance trade agreement

When looking to tap foreign markets, many re/insurers are faced with significant barriers to entry such as forced data localisation and caps on foreign investment. The American Property Casualty Insurance Association (APCIA) seeks to leverage the US trade agenda to mitigate these barriers, spotlighting Africa as a land of opportunity.   12 March 2020

Insurance

Everest promotes from within for chief claims officer

Bermuda-based Everest Re Group has promoted Patricia McMahon to the role of senior vice president and chief claims officer of Everest Insurance.   12 July 2018

Insurance

LIIBA forms new delegated authority group focused on LM TOM

The London Insurance and International Brokers Association (LIIBA) has created a new delegated authority working group to focus on the London Market Target Operating Model (LM TOM) and its impact on binders and line slips.   12 July 2018

Insurance

Founder of PIB and EC3 Brokers joins Endeavour as non-exec chair

Lloyd's broker Endeavour Insurance Services has appointed the founder of PIB and EC3 Brokers Chris Giles as non-executive chairman.   19 December 2017

Insurance

Hiscox exits aviation hull and liability

Specialist insurer Hiscox is withdrawing from aviation hull and liability underwriting due to market conditions pressuring rates.   21 February 2018

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