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Insurance
London-based insurtech start-up Digital Fineprint (DFP) has raised $2.7 million in its second funding round led by Pentech Ventures, a UK-based software-focused venture capital firm. 8 January 2018
Alternative Risk Transfer
The Insurance Linked Strategies (ILS) team at Lombard Odier Investment Managers has completed its first bond transaction using blockchain, the immutable ledger for recording transactions. 8 January 2018
Insurance
Randall & Quilter (R&Q), the specialist non-life legacy insurance investor and capacity provider of US and European MGA programme business, has made a number of changes to its senior management team. The business said it wants to simplify its group structure. 8 January 2018
Insurance
Simon Beale, currently chief underwriting officer of MS Amlin, will succeed Charles Philipps as the CEO in April 2018. 4 January 2018
Insurance
Pioneer Underwriters has hired a financial lines underwriter from Chubb to boost its financial institutions unit. 4 January 2018
Insurance
Broker Ed has poached a senior marine expert from Aon Risk Solutions to head up its marine unit. 2 January 2018
Insurance
Adrian Brian has been named director of Patria Re Marketing Services, a wholly owned subsidiary of Patria Re, based in London. 2 January 2018
Alternative Risk Transfer
In 2017 the UK introduced legislation to make the jurisdiction a hub for insurance-linked securities – a move that could represent an important shift in the ILS landscape, according to executives interviewed by Intelligent Insurer for our year-end questionnaire. 29 December 2017
Insurance
The General Insurance Corporation of India (GIC Re) has received “in principle” approval from the Lloyd’s Franchise Board to create a new syndicate, its managing agency Pembroke has confirmed. 21 December 2017
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd's operations of Hamilton Insurance Group, has reached an agreement with Randall & Quilter (R&Q) in conjunction with AXA DBIO, to support the Reinsurance to Close (RITC) of Syndicate 3334’s 2014 and prior years of account. 21 December 2017
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