Articles

Insurance

Munich Re leads $7m investment in commercial auto insurtech Inshur

Commercial auto insurtech Inshur has raised $7 million in a Series A funding round led by Munich Re Ventures, with participation from venture capital firm MTech Capital.   14 February 2019

Insurance

USI Insurance snaps up wholesale broker US Risk

Texas-based US Risk Insurance Group, a specialty lines underwriting manager and property/casualty wholesale broker, has entered into a definitive agreement to be acquired by USI Insurance Services, a insurance brokerage and consulting firm.   14 February 2019

Insurance

Aon appoints veteran Lambrou as CEO commercial risk solutions

Aon has named Lambros Lambrou, a 30-year veteran at the re/insurance broker, as new global CEO of commercial risk solutions.   11 February 2019

Insurance

CNA’s Robusto heartened by 2018 progress despite Q4 losses

Commercial insurer CNA made “significant progress in 2018” despite a fourth quarter hit by catastrophe losses, said chairman and CEO of CNAFinancial Corporation Dino Robusto as the company announced its full year results.   11 February 2019

Insurance

Ryan Specialty snaps up Oklahoma P&C broker Westphalen

Ryan Specialty Group (RSG), a specialty insurance services business based in Chicago, has acquired the assets and operations of Westphalen Insurance Services, an independent wholesale insurance brokerage based in Oklahoma.   11 February 2019

Insurance

AXIS taps AIG's Bob Quane as head of underwriting and portfolio optimisation

Bermuda-based AXIS Capital Holdings has hired AIG's Robert “Bob” Quane as head of underwriting and portfolio optimisation.   11 February 2019

Insurance

Liberty enters casualty market in Italy with Chubb hire

Liberty Specialty Markets (LSM), a part of Liberty Mutual Insurance Group, has entered the casualty market in Italy for the first time, recruiting Paolo Pitton to lead the initiative.   11 February 2019

Insurance

AXIS Re swoops for Swiss Re hire to expands strategic partners unit

AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has expanded its strategic partners business with the appointment of Daniel Osterrieder as strategic account executive for North America.   7 February 2019

Insurance

Arch Insurance-backed insurtech MGA C-Quence launched in London

C-Quence, a new insurtech managing general agent (MGA) with a commercial insurance trading and underwriting platform, has been launched in London.   29 January 2019

Insurance

Chubb inks 15-year distribution deal with Banco de Chile

Insurer Chubb has entered into a 15-year life and general insurance distribution agreement with Banco de Chile, the largest bank based in Chile, to further expand its presence in the Latin American market.   28 January 2019

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