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Insurance
Towergate Insurance, an independent insurance intermediary in the UK, posted solid profits in the first half of 2016 – in stark contrast to its performance in the same period a year earlier. 25 August 2016
Insurance
Xuber, the insurance software business of Xchanging, has provided a digital platform to Castel Underwriting Agencies that enables it to provide and manage services for its portfolio of underwriting cells on a single system. 24 August 2016
Insurance
Charles Taylor InsureTech has expanded into the broker market with a contract to implement a broking solution for Assured Partners London (APL). 24 August 2016
Insurance
Though most London market insurers are performing well and have strong balance sheets, they must beware of the threat of opportunistic capital exploiting any turn in the market. They must adapt their soft market strategies with this in mind, AM Best has claimed in a report. 24 August 2016
Insurance
XL Innovate has made a significant investment in newly established peer 2 peer insurer Lemonade. Tom Hutton, its managing partner, has also joined the board. 23 August 2016
Insurance
Beazley, backed by the Beazley Elements consortium of Lloyd’s insurers, has doubled its capacity for operational and fixed-site environmental risks to $50 million to cover the environmental liabilities of large multi-national companies. 23 August 2016
Insurance
Clear Insurance Management, an independent chartered insurance broker, has become a member of Group Risk Development (GRiD), a trade body for advisers, providers and reinsurers operating in the group risk market. 22 August 2016
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed Steve O’Gorman as head of marine, as the former head Philip Thorpe-Apps takes on an expanded position as global head of marine and energy. 22 August 2016
Insurance
Navigators & General (N&G), a marine insurance subsidiary of Zurich Group, will provide additional capacity to Towergate for its line of marine products, as part of a strategic partnership between the companies, effective October 1. 19 August 2016
Insurance
Allianz Global Corporate & Specialty (AGCS) has expanded its crisis management team with the appointment of Stewart Eaton to the role of head of product recall for regional unit London (RUL), effective immediately. 17 August 2016
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