Articles
Insurance
Reinsurance, wholesale and specialty broker Ed has appointed Carrie Kelley as executive vice president, head of property insurance for its newly-launched operations in Bermuda. 9 July 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has named Steven Beadle as chief financial officer (CFO) and Chen Foley as head of Bermuda claims. 8 July 2019
Insurance
Insurance veteran Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group has signed a long-term strategic contract with WNS Holdings to build what it describes as a first-of-its-kind, integrated "Platform + BPM (business process management) as-a-service” proposition across industry horizontals, including support services relating to operations for insurance, reinsurance, claims, finance and human resource. 8 July 2019
Insurance
Everest Insurance International, the specialty insurance division of Bermuda-based Everest Re Group, has appointed Martin Leeks to its Lloyd’s Syndicate 2786 as a medical malpractice and multi-national/ specialty underwriter. 4 July 2019
Insurance
Bermuda-based Fidelis Insurance Holdings has rebranded its partnership business as Socium, and appointed Philip Vandoninck to lead the division as CEO. 4 July 2019
Alternative Risk Transfer
US insurer Liberty Mutual has renewed its Bermuda domiciled reinsurance sidecar Limestone Re at approximately $240 million, an overall lower target size than last year's $278 million due to a "revised portfolio composition". 2 July 2019
Insurance
Re/insurance broker Aon has promoted five senior executives within its commercial risk solutions unit, in a move it hopes will help expand the company's broking and specialty business globally. 1 July 2019
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) is to acquire the entire issued share capital of Bermuda-based Sandell Holdings and its subsidiary Sandell Re (SRL) for an initial cash consideration of $25 million with further amounts payable subject to certain conditions being met. 1 July 2019
Insurance
Specialist insurer Hiscox's chief underwriting officer (CUO) Richard Watson is stepping down from his position after 33 years with the carrier. 27 June 2019
Insurance
London-based reinsurance, wholesale and specialty broker Ed is looking to become a "significant independent player" in the Bermuda marketplace which has been dominated by a few big brokers, according to Chris Bonard, chief executive of Ed in Bermuda. 25 June 2019
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