Articles

Insurance

Tokio Marine names Michael Schell as new president as Burke retires

Houston-based Tokio Marine HCC has named Michael Schell as its new president following the retirement of William Burke in April 2019.   7 March 2019

Insurance

Berkshire Hathaway, Amazon and JPMorgan unveil new joint venture called Haven

Berkshire Hathaway, Amazon and JPMorgan Chase have unveiled their new non-profit company, called Haven, that it says will soon scale up its operations with the recruitment of a range of talented software, data and clinical experts.   7 March 2019

Insurance

Lloyd’s appoints Brexit programme director Hayley Spink to lead global operations

Lloyd's of London has appointed Hayley Spink as head of global operations, replacing Joe Dainty who's leaving Lloyd’s in March to join DXC.   7 March 2019

Insurance

Tech consultancy Capco unveils US insurance practice with Genpact digital CTO

Management and technology consultancy Capco is entering the US insurance market with a new practice that will focus on property and casualty (P&C), life and retirement (L&R), reinsurance, employee benefits and distribution.   7 March 2019

Insurance

Allianz bolsters North American marine leadership with global expert

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed a new regional head of hull and marine liabilities (HML) in North America.   7 March 2019

Insurance

Aon will not buy Willis Towers Watson

Re/insurance broker Aon has said it will not buy Willis Towers Watson. Its announcement comes within 24 hours of it revealing it was exploring a possible deal with the world’s third biggest broker.   6 March 2019

Insurance

Aon’s ‘hand was forced’ on Willis talks by Marsh-JLT deal

Re/insurance broker Aon’s shock revelation yesterday (Tuesday March 5) that it was mulling a takeover of Willis Towers Watson (WTW) is a result of its hand being forced by Marsh & McLennan’s pending takeover of Jardine Lloyd Thompson (JLT), according to sources close to the company.   6 March 2019

Insurance

Aon-Willis tie would be bad news for jobs and buyers in wake of Marsh-JLT deal

A merger between Aon and Willis Towers Watson (WTW) would mean more “job carnage” be bad news for buyers but could mean opportunities for smaller brokers, according to sources in the London Market.   6 March 2019

Insurance

Everest bolsters cyber group with Navigators hire

Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has hired Navigators' Ayesha West to join its cyber insurance group as a vice president.   6 March 2019

Insurance

Sirius-backed workers’ comp insurtech Pie Insurance secures $45m Series B funding

US insurtech start-up Pie Insurance has secured $45 million in Series B funding round led by SVB Capital, Sirius Group, Greycroft, Moxley Holdings, Aspect Ventures, and Elefund.   6 March 2019

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