Articles

Insurance

Helios to buy Lloyd's Nameco for £2m; raises £1.15m through placing of shares

Lloyd's private capacity provider Helios Underwriting has entered into an agreement to acquire the entire issued share capital of Nameco 1113, a limited liability member of Lloyd’s, from its owner Nigel Hanbury for just over £2 million.   17 June 2019

Insurance

Hiscox introduces smart water leak technology

It will offer a free Leakbot to all new and existing buildings insurance customers.   10 February 2020

Insurance

Gossmann to form carrier in Malta as ExPRO goes live

Gossmann & Cie, the company formed by former DARAG chief Arndt Gossmann to develop a new capital management tool for insurers, will form a carrier on Malta by the end of the year, which will utilise the domicile’s protected cell company (PCC) regime to assume liabilities for its first clients.   10 September 2019

Insurance

Davies makes sixth acquisition in 2019 as North America expansion gathers pace

Davies, an operations management, consulting and digital solutions provider, has acquired Alternative Service Concepts (ASC), a workers’ compensation and property and casualty third party administrator (TPA) headquartered in Nashville, Tennessee.   18 October 2019

Insurance

Verisk launches new home inspection customer collaboration tool

OneXperience provides real-time identification and verification of details.   25 November 2019

Insurance

Arch hires chief risk officer from Gen Re

Bermuda-based Arch Capital Group has appointed Janice Englesbe as senior vice president and chief risk officer (CRO).   21 February 2019

Insurance

Zurich reveals new Canada CEO, chief agent

Zurich Insurance has appointed Saad Mered to CEO and chief agent of Zurich Canada.   8 August 2018

Insurance

Data potential still relatively untapped by re/insurers: Gossmann

The re/insurance industry needs to unlock the potential of the huge amount of data it possesses, Arndt Gossmann, chief executive officer of Gossmann & Cie told Baden-Baden Today.   23 October 2019

Insurance

Argo renews sidecar Harambee Re for 2019

Specialty re/insurance underwriter Argo Group International Holdings has renewed Harambee Re as its sidecar reinsurer for 2019.   9 January 2019

Insurance

IAT Insurance Group enters management liability market

IAT Insurance Group, a provider of specialty property and casualty products, is expanding its product offerings with the formation of a new management liability business unit. It will be led by John Passaro who brings more than 28 years of experience in the insurance industry, including extensive experience with management and professional lines.   16 October 2019

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