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Markel exits London open market property business
Insurance
Specialist insurer Markel International will cease to write London open market property business with immediate effect, stating that the “market has been against them, in terms of both capacity and pricing”.   15 March 2018
Alternative Risk Transfer
Specialist insurer Hiscox has launched a first ever cyber industry loss warranty (ILW) product to help address the uncertainty around cyber tail risk for re/insurers.   15 March 2018
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has bolstered its casualty division with senior hires from Chaucer Syndicates and QBE.   15 March 2018
Insurance
DL Dale & Others' Syndicate 2525, a specialist employers’ and third party liability Lloyd’s insurer managed by Asta Managing Agency, has strengthened its underwriting team with key hires from Aspen Insurance.   15 March 2018
Insurance
Specialty re/insurer Canopius has appointed Laurie Davison as group chief operating officer (COO) and Nigel Meyer as group chief financial officer.   14 March 2018
Insurance
Independent Lloyd’s broker AFL Insurance Brokers has launched a commercial marine division to be headed by Alex Mott, senior executive who previously managed the Ed/CGNB marine broking team as head broker.   13 March 2018
Insurance
Barbican Insurance Group has bolstered its financial lines division with the addition of a class underwriter for directors & officers (D&O) liability insurance, joining the business from Standard Syndicate 1884.   13 March 2018
Insurance
Re/insurance broking and advisory firm Beach has created a new specialty and wholesale platform to be headed by former Integro leaders John Sutton and Toby Humphreys.   12 March 2018
Insurance
Bermuda-based PartnerRe has revealed that it will exit the upstream energy insurance market having signed a deal to transfer its book of business to Ark Syndicate Management.   9 March 2018
News
The insurance industry must ready itself for the arrival of very different technology combinations which will rewrite the rulebook, as Kevin Baughan of Innovate UK explains to Intelligent Insurer.   9 March 2018

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