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TigerRisk makes electronic trade first using Xchanging platform
Xchanging, a provider of technology-enabled business solutions to the global commercial insurance industry, today announced TigerRisk Partners, the risk/capital management and strategic advisory firm, has transacted the first ever electronic secondary reinsurance trade using Xchanging’s X-gRm platform.   14 April 2016
Insurance
UAC and MGAA become reciprocal members
The Underwriting Agencies Council (UAC) and the London-based Managing General Agents Association (MGAA) have become reciprocal members.   14 April 2016
Insurance
London Market’s TOM signs contract with Ebix
The London Market Target Operating Model (TOM) programme has signed a contract with software outsourcing company EBIX for the provision of the placing platform (PPL) that will allow brokers and insurers to quote, negotiate and bind business electronically.   14 April 2016
Insurance
Markel International simplifies structure of wholesale business
Markel International, the specialist insurer, has simplified the structure of its wholesale business, reducing the number of operating divisions from seven to three.   13 April 2016
Insurance
Nexus subsidiary hires Aon exec for underwriter role
Nexus CIFS, a specialist trade credit insurance subsidiary of leading independent specialty managing general agent (MGA) Nexus Underwriting Management Group, has appointed Nicola Slater as commercial underwriter.   12 April 2016
Insurance
Skuld poaches Aspen execs for underwriter roles
Skuld, a marine insurance firm, has added Paul Fry and Sarah Wilson to its Skuld Lloyd’s syndicate 1897.   12 April 2016
Insurance
IUA appoints senior exec to modernise London Market business
The International Underwriting Association (IUA) has appointed a new senior executive to support its work on projects to modernise London Market business processes.   12 April 2016
Insurance
Pricing pressure remains for London market insurers
Soft rates and low investment returns are hurting London market insurers but this has been partly mitigated by low levels of claims, according to a new report by Fitch.   12 April 2016
Insurance
Ince & Co launches independent consultancy firm
Ince & Co, an international commercial law firm, has launched Ince Consultancy, an independent international consultancy firm, which is associated with the law firm’s international network.   11 April 2016
Insurance
RSG launches cyber specialist with £20 million facility
London-based EmergIn Risk, part of RSG Underwriting Managers (RSGUM), has launched today with an initial £20 million facility to write a full range of products and services to offset the financial and operational implications of data thefts, corruptions and systems outages.   11 April 2016

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