Articles

Insurance

Challenges ahead as complex risk of renewables drives up costs

Mounting pressure on governments and insurers to adopt more sustainable models is driving investment in renewables. But climate change coupled with an adjusting insurance market is making renewables projects more expensive to insure.   13 March 2020

Insurance

PCI elects new officers to board of governors

The Property Casualty Insurers Association of America (PCI) has elected new officers to its board of governors.   30 October 2018

Insurance

Chubb appoints new UK and Ireland financial institutions head post underwriting merger

Insurer Chubb has appointed Jonathan Kennett as head of financial institutions for the UK and Ireland and Chubb Global Markets (CGM), the insurer's London Market wholesale and specialty arm.   9 April 2019

Alternative Risk Transfer

Artex acquisition of Horseshoe will see the Bermuda firm ’become global brand of ILS services for Artex’

Artex Risk Solutions has confirmed it will acquire Bermuda-based Horseshoe Insurance Services Holdings which it said will “significantly strengthen” its insurance-linked securities (ILS) operations.   3 October 2019

Insurance

Health data start-up HumanAPI attracts $10m investment from SCOR and Guardian Life

French reinsurer SCOR has made a strategic investment in California-based health data start-up HumanAPI.   21 February 2019

Insurance

AXIS hires new chief analytics officer from Allstate

Bermuda-based AXIS Capital has hired Govind Balu as chief analytics officer to lead a range of initiatives including the implementation of machine learning and artificial intelligence across the organisation.   9 January 2019

Insurance

Verisk launches new technology for travel underwriters

Verisk, a data analytics provider, has launched Black Box 3 (BB3), a new solution available in parts of Canada, Europe, Australasia, and Asia, that helps insurers underwrite risks posed by travellers with pre-existing medical conditions.   9 January 2019

Insurance

Hiscox partners with US insurtech for claims handling

Global specialist insurer Hiscox is introducing a customer messaging solution from Boston, Massachusetts-based insurtech firm Hi Marley for AI-powered claims handling communications.   3 September 2018

Awards

Big can be beautiful, say survey respondents

While innovation and the ability to be responsive to clients’ needs are often highly valued qualities within a rapidly changing reinsurance industry, sheer size and financial strength are also qualities still considered critical by many buyers.   19 June 2013

Insurance

Iotatech appoints industry veteran to Strategic Advisory Council

He replaces Dermot Joyce, who remains an active shareholder in the business.   25 November 2019

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