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Marsh partners with insurtech VC fund Eos on real-time risk management solution
Insurance
Specialist venture capital fund Eos has partnered with broker Marsh to develop innovative insurtech solutions that will deliver 'actionable intelligence' to drive real-time risk management within the insurance marketplace.   4 June 2019
Traditional reinsurance capital to remain strong in 2019: Fitch
Insurance
US property/casualty (P/C) insurers are well placed to weather the landfall of a significant storm in the 2019 hurricane season despite experiencing elevated catastrophe losses in the recent years, according to Fitch Ratings.   4 June 2019
Markel swoops on Chubb for global professional liability executive underwriting officer
Insurance
Markel Corporation has appointed James Proferes as executive underwriting officer for global professional liability.   4 June 2019
Alternative Risk Transfer
Bermuda-based White Mountains Insurance Group has acquired a minority equity stake in Elementum Advisors, an insurance-linked securities (ILS) manager with over $4 billion of assets under management.   4 June 2019
Insurance
An acceleration in the take-up of technology can be expected “in the next five years” as more insurance industry executives recognise the value it can provide, said Steve Cloutman, managing director at advanced analytics company Ventiv Technology.   4 June 2019
Insurance
Universal Property & Casualty Insurance Company (UPCIC) has expanded the top of its reinsurance tower for a single Florida event to $3.28 billion (an increase of $134 million) as part of Universal Insurance Holdings’ 2019-2020 reinsurance programmes, effective June 1, 2019.   3 June 2019
Insurance
Re/insurance broker Aon has entered into a commercial partnership with insurtech start-up CoverWallet, an online platform helping small businesses to understand, buy and manage insurance, in Australia.   31 May 2019
Insurance
Swiss Re Corporate Solutions is collaborating with aeronautics firm Airbus Aerial to offer flood prevention modeling services using drone-collected data.   28 May 2019
Alternative Risk Transfer
Global reinsurer Swiss Re has placed the first catastrophe bond, a $100 million First Coast Re II (Series 2019-1), under Singapore's new insurance-linked security (ILS) framework for Security First Insurance Company.   28 May 2019
Insurance
Shareholders voted “overwhelmingly in favour” of directors put forward by re/insurance firm Argo at its AGM, crushing a bid to change direction at the top of the company by activist investor Voce Capital Management.   28 May 2019

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