News

Insurance

Willis Re: silent cyber concerns drop significantly among insurers

Insurance sector concerns about silent cyber have declined considerably, according to an annual global survey by Willis Re.   29 August 2019

Insurance

HDI-backed Swedish insurtech Hedvig raises $10.4m for market expansion

Stockholm-based digital insurance start-up Hedvig has secured 100 million SEK ($10.4 million) in a Series A funding to expand its operations beyond the Nordics.   29 August 2019

Insurance

Liberty Specialty Markets appoints head of financial lines France from AIG

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Antoine Brodu as head of financial lines, France.   29 August 2019

Insurance

Personal lines insurance broker Be Wiser latest to join BIBA

The British Insurance Brokers Association (BIBA) has added UK-based broker Be Wiser as a member of the organisation.   29 August 2019

Insurance

KBW predicts Tropical Storm Dorian ‘likely to impact reinsurers more than primary Florida insurers’

Tropical Storm Dorian is expected to strengthen into a hurricane and predictions suggest it could make landfall on the Florida coastline on Monday September 2 early in the morning, US east coast time.   28 August 2019

Insurance

Liberty Mutual acquisitions 'a transformative step' for Hamilton as it plots growth path

Bermuda-based Hamilton Insurance Group has completed its acquisition of Pembroke Managing Agency and its platform at Lloyd’s, as well as Dublin-based carrier Ironshore Europe DAC (IEDAC), from Liberty Mutual Group.   22 August 2019

Insurance

AXA XL leads $37m financing for AI-driven auto insurtech Zendrive

US-based data and analytics firm Zendrive has raised $37 million in its Series B funding led by AXA XL's insurtech venture capital fund XL Innovate.   22 August 2019

Insurance

AIG hires The Hartford's Sabra Purtill for newly created deputy CFO role

American International Group (AIG) has appointed The Hartford's Sabra Purtill in a newly created role of deputy CFO, head of treasury, investor & rating agency relations, and corporate development.   22 August 2019

Insurance

Marsh appoints new leaders for US, Canada energy and power

Broker Marsh has unveiled new leadership in its US and Canada energy and power practice with the appointment of Amy Barnes and Brad Vescarelli.   22 August 2019

Insurance

Liberty Mutual names new excess casualty and public entity CUOs

Property/casualty insurer Liberty Mutual has appointed Jon Tellekamp as chief underwriting officer (CUO) for national insurance – excess casualty, and Doug Manwaring as CUO of national insurance – public entities and programmes.   22 August 2019

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