Articles
Insurance
Technology-driven risk solutions provider Sedgwick is to acquire New Jersey-based York Risk Services Group that specialises in handling complex claims across all liability lines. 9 July 2019
Insurance
Property/casualty insurer WR Berkley Corporation has appointed Daniel Westcott as new president of its Berkley Re America unit. 9 July 2019
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired Florida-based Stonehenge Insurance Solutions to strengthen its retail and wholesale brokerage capabilities in the US market. 9 July 2019
Insurance
Personal lines rates for US homes are up in all locations but “Florida and California are getting hit the hardest,'' according to US MGA and wholesale broker MarketScout. 8 July 2019
Insurance
Fairfax-owned insurance run-off management company RiverStone has acquired New York-based third-party administrator and loss adjuster Rockville. 8 July 2019
Insurance
Re/insurance broker Aon has launched an IFRS 17 (International Financial Reporting Standard) solution on its capital modelling platform to help insurers fulfil their reporting obligations. 8 July 2019
Insurance
Specialty re/insurer Brit has appointed James Patterson and Ryan Mimmo as vice president, cyber & technology, for Brit Global Specialty USA (BGSU). 8 July 2019
Insurance
Ridgecrest, in Kern County, California, has been hit by a 6.4 magnitude earthquake, prompting the California Earthquake Authority (CEA) to state that around 2,000 policyholders in the affected area who have seen damage to their property as a result “would be considered well within CEA’s claim-paying capacity for covered claims”. 5 July 2019
Insurance
SOBC DARAG, a subsidiary of run-off specialist DARAG UK, has acquired Innovative Physicians Solutions (IPS) risk retention group (RRG), having received regulatory approval in Vermont. 4 July 2019
News
Unenthusiastic about retirement and unfettered from his obligations to XL, Stephen Catlin has returned to the market in dramatic fashion. Here, he tells Intelligent Insurer the real motivation behind launching his new venture Convex, what will set it apart and why his timing is perfect. 3 July 2019
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