Articles

Insurance

AEGIS London appoints Trudeau to lead Canada claims

Lloyd’s managing agent AEGIS London has hired Carrie Trudeau to manage claims notified by its Canadian coverholders. She joins from Crawford & Company (Canada), where she was director of Lloyd’s and dedicated units.   6 March 2018

Insurance

AmTrust taps senior ATE underwriters from Elite Insurance

AmTrust Law, the legal expenses insurance division of AmTrust International, has appointed Ian Coleman and Bob Knock to the roles of senior ATE (after the event) underwriters.   6 March 2018

Insurance

Sompo International poaches from ANV and Navigators to launch European specialty unit

Bermuda-based property /casualty re/insurer Sompo International has unveiled plans to launch a new European specialty insurance underwriting operation in Barcelona run by two senior executives it has hired.   6 March 2018

Insurance

Channel and Canopius join Liberty to back $27bn consortium

Liberty Specialty Markets (LSM) will form a $27 billion consortium with the Channel Syndicate and Canopius to provide capacity for its new trade finance insurance initiative Toredo.   6 March 2018

Insurance

JLT's new cyber policy targets coverage ‘gaps’ in airline industry

JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has launched a new cyber insurance policy for the airline industry covering business interruption and data breach risks.   6 March 2018

Insurance

Where are the robot underwriters? New report shines spotlight on the true potential of automation

Automation has arrived in the insurance market and will revolutionize many roles, especially that of the underwriter. But companies must develop a long-term strategy designed to embrace automation rather than just seek short-term wins.   6 March 2018

Insurance

AXA ownership will boost XL’s ability to grow its specialty products

XL Group hopes that being owned by AXA will help open up new markets for its specialty products, Gregory Hendrick, XL president, property & casualty, said on a March 5 presentation on the deal.   5 March 2018

Insurance

XL’s reinsurance portfolio and access to capital markets sweeten deal for AXA

One of AXA’s many motives in buying XL Group is the reinsurance portfolio it comes with, which will offer further diversification, and also the access to the capital markets that now comes hand in hand with this.   5 March 2018

Insurance

VIPR and ACORD partner on breakthrough in processing of bordereaux reports

VIPR, a provider of software solutions for the insurance industry, has partnered with ACORD Solutions Group to launch an automated ‘US to London’ data exchange between global MGA’s and London carriers, which enables straight-through processing of bordereaux reports.   5 March 2018

Insurance

XL Catlin swoops for AXA exec to boost broker management

Re/insurer XL Catlin has appointed Elie Hanna as head of central broker management.   1 March 2018

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