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Insurance
Insurance brokerage and risk management firm Risk Strategies has acquired California-based employee consulting and benefits brokerage Craford Benefit Consultants. The deal expands its geographic footprint and builds expertise in complex cases and financial modelling. 19 June 2018
Insurance
Cooler waters and a weak El Niño could result in an average 2018 Atlantic hurricane season, according to a new report by rating agency Moody’s. 18 June 2018
Insurance
Insurance broker Brown & Brown has acquired substantially all of the assets of C & C Risk Services, a managing general agent (MGA) providing excess public entity insurance coverage to municipalities in Texas and Florida. 18 June 2018
News
Bermuda-based PartnerRe’s balance sheet strength and risk-adjusted capitalisation are said to be at the strongest level, according to rating agency AM Best. 18 June 2018
Insurance
Rating agency AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Mapfre Insurance Company of New York. 18 June 2018
Insurance
AI-powered insurtech firm Lemonade Insurance Company has filed a lawsuit against ONE Insurance, its parent wefox Group and founder Julian Teicke, over claims of it copying Lemonade’s app and website. 15 June 2018
Insurance
Ironshore has expanded its mergers & acquisitions (M&A) team to meet the growing demand in the Americas and develop new solutions to address the complex transactional risks. The company has hired senior executives from Aon, AIG and XL Catlin. 15 June 2018
Insurance
US-based Sequoia Reinsurance has begun operations focusing on HMO reinsurance and provider excess, while appointing former PartnerRe executive Dan Bolgar as its CEO. 15 June 2018
Insurance
Ryan Specialty Group (RSG) has appointed Katie Davies to join an RSG affiliate as president and CEO of a new property catastrophe managing underwriting facility. 15 June 2018
News
Volante Global, a new Nephila-backed managing general agent (MGA) platform, has secured a $900 million gross premium, multi-class, multi-territory A+ capacity treaty agreement. 14 June 2018
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