6 December 2023 Ardonagh Specialty chief moves to focus on corporate and financial transactions.
6 December 2023
6 December 2023
Latest Insurance & Reinsurance Features
Brokers continue to dominate distribution channels, making positive relations a must for insurers, but Markel’s Dan Martin says such strong interactions are no cakewalk, and neither should they be.
The company is investing in tech and AI, but also in people and talent acquisition as it looks to the future, says Johannes Martin Hartmann of VIG Re.
Huge advances in technology and a commercial lines market close to its peak offer opportunities, but don’t play with the latest tech just for the sake of it, cautions Carys Lawton-Bryce of Markel.
Capacity is king in this market, and year-old startup AM Specialty has been able to deploy it under optimal conditions, says the company’s CEO Shevawn Barder.
The acquisition of BGC’s insurance businesses is helping the independent broker’s business to grow bigger and faster, says Antony Erotocritou, CEO of Ardonagh Specialty.
As the significance of technology in financial services increases, Deb Chamian, director at Markel Specialty, advocates a holistic approach to stop risk from derailing its progress.
The relevance of the insurance industry is at stake, argues Julian Enoizi, global head–Public Sector Risk Solutions, Guy Carpenter, as he urges re/insurers to participate more in tackling systemic risk rather than leaving it to governments.
Reinsurers and cedants have been adversely impacted by consolidation among reinsurance brokers – making this a good moment for a new player to launch. That is the argument of Charlie Love, the newly appointed chief financial officer of Augment, launched in July, who also promises the broker will innovate and help clients unlock trapped value.
Latest Risk Management Features
Any historical perspective on risk no longer cuts it for emerging systemic and cyber risks—it’s time to fully embrace future-focused, predictive digital tech, Veysel Geylani, CEO and founder of Mando, told Intelligent Insurer.
In the construction sector, risks are complex and have been exacerbated by global economic trends. Now, innovative risk solution services, combined with a data-rich approach, can mitigate problems before they occur, says Valarie Jonas, director of Construction Claims, Markel.
Parametric insurance is no longer a “nice to have”. Megan Linkin, senior parametric nat cat structurer at Swiss Re Corporate Solutions, explains why it is now a critical component of any holistic risk management strategy – and will ultimately transform re/insurance.
Philippe Cotelle, of FERMA and Airbus Defence and Space, argues that rejuvenating the cyber insurance market globally is critical for businesses everywhere.
Latest ART & ILS Features
The risk transfer industry needs more capital—but ILS investors are interested only if returns reach more attractive levels that meet or exceed long-term target returns for risk assets, Dirk Lohmann, chairman of Schroders Capital ILS, told Intelligent Insurer.
In the construction sector, risks are complex and have been exacerbated by global economic trends. Now, innovative risk solution services, combined with a data-rich approach, can mitigate problems before they occur, says Valarie Jonas, director of Construction Claims, Markel.
Swiss Re’s recent innovative ILS deal, completed with JP Morgan and designed to help the reinsurer manage its capital, has the potential to grow the sector exponentially, says one of the industry’s pioneers Dirk Lohmann, speaking ahead of the conference Re/insurance Outlook Europe, being held in Zurich in June.
Insurer sees ‘strong future demand’ for corporate legacy deals, says Andy Pinkes, global CEO of legacy insurance at R&Q.
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5 December 2023 The MGA has entered into an agreement with a new US-based carrier.
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