Articles

Insurance

Aon teams up with CarrierHQ to launch driver-scored small-fleet insurance in US

Aon, the global professional services firm, has launched an “action-based monthly motor carrier insurance program” in the US available exclusively through CarrierHQ’s online portal.   25 September 2019

Insurance

Chubb appoints NFS CEO to lead North America flood insurance

Property/casualty insurer Chubb has appointed Louis Hobson as senior vice president of flood insurance for its North America operations.   25 September 2019

Insurance

Broker Holmes Murphy strengthens offer with Global Captive Management acquisition

Holmes Murphy, the employee-owned and controlled insurance brokerage, has acquired Global Captive Management (GCM), which is licensed in Cayman Islands, as well as South Carolina and New Jersey.   24 September 2019

Insurance

Mutual insurers in good shape with higher capital adequacy ratios: Aon and Namic

Mutual insurance companies in the US are in strong financial shape and less leveraged than those quoted on the stock exchange.   24 September 2019

Insurance

Commercial insurtech Bold Penguin raises $32m Series B led by HSCM, Lockton

US-based commercial insurance technology company Bold Penguin has secured $32 million Series B funding led by Hudson Structured Capital Management (HSCM), Lightstone, Guggenheim Insurance, Lockton, existing investors and individuals from Stone Point Capital.   24 September 2019

Insurance

Hannover Re US partners with fitness app Sweatcoin to research how physical activity mitigates mortality risks

A joint research project to study how daily physical activity can reduce the risk of disease and extend life expectancy has been launched by Hannover Life Reassurance (Hannover Re US), part of the Hannover Re Group, and Sweatcoin a digital health app.   24 September 2019

Insurance

AmTrust launches new excess casualty operation led by Everest Re's Jeff Lynn

AmTrust E&S Insurance Services, a wholly-owned subsidiary of AmTrust Financial Services, has launched a new excess casualty underwriting division based in Los Angeles. It will be led by Jeff Lynn, who joins from Everest Re.   24 September 2019

Insurance

Former JLT Specialty USA chief Rice to lead newly-launched Cobbs Allen unit CAC Specialty

Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has hired JLT's Michael Rice II as its chief executive officer (CEO).   24 September 2019

Insurance

Inshur offers flexible insurance on commercial vehicles through its app

Inshur is offering flexible insurance for commercial car drivers through its app, claiming it is the first company so to do.   23 September 2019

Insurance

Ascent-Cove appoints Ian Beaton and rebrands as Optio

Ascent Underwriting, the cyber and specialty lines managing general agent (MGA), and Cove Programs, the US construction-focused MGA, have appointed Ian Beaton as a non-executive director of the group.   23 September 2019

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