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Insurance
Allianz reshuffles AGCS board as Scheffel retires
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) is making changes to its management board as chief regions and markets officer, Carsten Scheffel retires at the end of June, 2018.   18 December 2017
Insurance
BP Marsh acquires equity stake in EC3 Brokers
Venture capital firm BP Marsh & Partners has acquired 20 percent equity stake in London-based EC3 Brokers Limited for a total cash consideration of £5 million, in a mixture of preferred and ordinary shares.   18 December 2017
Insurance
Fidelis acquires equity stake in new MGA to add surety capacity
Bermudian Fidelis Insurance has taken an equity stake in new managing general agent (MGA) Firestone Surety and will be providing underwriting capacity.   15 December 2017
Insurance
Hamilton hires Novae head of casualty for Lloyd’s managing agency
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, has hired Robert Patten as head of casualty.   15 December 2017
Insurance
Pioneer’s Syndicate 1980 to start underwriting 1/1
Pioneer Underwriters, the underwriting group within Minova Insurance Holdings received approval from Lloyd’s for Syndicate 1980 to commence underwriting business attaching on or after 1 January 2018.   14 December 2017
Insurance
Lloyd’s broker Tysers acquires commercial lines business
Lloyd’s insurance broker Tysers has acquired the London-based commercial lines business of Cosmos Services, Hong Kong, a subsidiary of the Japanese global trading firm ITOCHU Corporation.   13 December 2017
Insurance
Skuld makes senior hire to target growth in North America
Marine insurance provider Skuld has appointed Rachael Simpson as senior vice president, London P&I (protection and indemnity) operations.   11 December 2017
Insurance
Neon appoints pricing head from Novae
Specialist Lloyd's insurer Neon has appointed Tim Overton to the newly-created role of head of pricing.   7 December 2017
Insurance
Asta bolsters its Lloyd’s managing agency board
Asta, a third party managing agent at Lloyd’s, has appointed its chief actuary Richard Barke to serve on its Lloyd’s managing agency board, subject to regulatory approval.   6 December 2017
Insurance
QBE partners with AI startup
Australia’s QBE Insurance Group has partnered with London-based artificial intelligence startup Cytora.   6 December 2017

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