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Sompo International adds commercial crime, cyber liability cover in US
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings is launching a management assurance policy (MAP) in the US that expands its primary professional lines insurance offering for private companies to include commercial crime and cyber liability risks.   15 March 2019
Sompo hires AIG talent to lead US architects and engineers insurance unit
Insurance
Bermuda-based specialty re/insurer Sompo International is looking to expand its professional liability product and service offerings with the recruitment of Steven Grippo from AIG.   14 March 2019
Hub International acquires The Insurance Exchange
Insurance
Hub International, a global insurance brokerage, has acquired Rockville, Maryland-based Insurance Exchange, one of the largest independent insurance agencies in the Mid-Atlantic region.   14 March 2019
Insurance
Bermuda-based Validus Reinsurance, a part of American International Group (AIG), is planning to establish a new reinsurance branch in Canada.   13 March 2019
Insurance
Specialist re/insurance broker BMS Group posted a 25 percent increase in its 2018 revenues, mostly driven by growth in its London wholesale and US reinsurance businesses, according to CEO Nick Cook.   13 March 2019
Insurance
Re/insurance broker Aon has named Brian Cochrane as chief commercial officer for its new ventures group, which comprises of a team of senior executives including CEO Greg Case.   13 March 2019
Insurance
Marijuana insurance is a fast-growing and evolving market but many insurers remain wary of such a controversial product even where it is legalised, according to an AM Best report.   13 March 2019
Insurance
Bermuda-based PartnerRe is reorganising its property & casualty (P&C) business, resulting in the creation of a new regional structure, and departure of its P&C chief executive Charles Goldie.   13 March 2019
Insurance
Re/insurance broker Aon has formed a strategic alliance with US-based artificial intelligence (AI) startup Zesty.ai to improve its underwriting data insights.   13 March 2019
Insurance
Bermuda-based RenaissanceRe Holdings (RenRe) has received all regulatory approvals required in connection with its acquisition of Tokio Millennium Re and Tokio Millennium Re (UK).   13 March 2019

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