Articles

Insurance

The Insurance Act: will UK insurance industry lose its competitive edge?

The radical shift in the way insurance is regulated and thus conducted in the UK will put the insurance industry operating there under pressure. Intelligent Insurer investigates.   23 February 2016

Insurance

Chubb Global Markets promotes exec to CUO of aviation

Chubb Global Markets, the London-based wholesale insurance division of Chubb, has promoted John Wadhams, currently senior underwriter, aviation, to the role of chief underwriting officer (CUO), aviation.   23 February 2016

Insurance

QuanTemplate poaches Lloyd’s exec for account engineer role

QuanTemplate Technologies, a financial technology company formed by former reinsurance executives, has appointed Lauren Restell as account engineer.   23 February 2016

Insurance

ArgoGlobal appoints StarStone exec as energy underwriter

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Kieran Wilson as onshore energy underwriter.   23 February 2016

Insurance

Novae appoints non-exec director

London-based underwriting company Novae Group has appointed Andrew Torrance as an independent non-executive director, to take effect from 1 March 2016.   12 February 2016

Insurance

SafeShare Global teams up with cybersecurity firm on identity theft solution

British cybersecurity firm Solfyre and London-based SafeShare Global, an insurance and technology start-up enabling the sharing economy, have partnered to develop what they claim is the world’s first identity theft and identity fraud insurance solution.   11 February 2016

Insurance

Brit keeps up with Fairfax by opening Singapore office

Brit is opening an office in Singapore after the global specialty insurer gained approval to begin underwriting from both Lloyd’s and the Monetary Authority of Singapore (MAS).   10 February 2016

Insurance

January natural disasters cause billion-dollar damages worldwide

A severe winter storm that hit the Eastern US during the second half of January has resulted in economic losses of $2 billion, and insured losses well into the hundreds of millions, according to Impact Forecasting, Aon Benfield’s catastrophe model development unit.   10 February 2016

Insurance

Two members elected to Lloyd’s council

Julian James, president of Allied World Europe, and Neil Maidment, chief underwriting officer of Beazley, have both been elected to the Council of Lloyd’s for a term of three years commencing in February.   7 January 2016

Insurance

Big data—are the regulators coming?

Ashley Prebble, insurance partner at Clifford Chance, takes a look at how the Financial Conduct Authority is investigating big data and the possible risks to insurers of limits on innovation.   21 December 2015

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