Articles

Alternative Risk Transfer

R&Q completes loss portfolio deal for US RRG

Randall & Quilter Investment Holdings (R&Q) has completed a deal to reinsurer a portfolio of commercial auto liability risks for a US risk retention group (RRG).   4 September 2018

Insurance

Cat loss drop makes Travelers Q3 results jump

Lower catastrophe losses in the third quarter of 2018 have helped The Travelers Companies to more than double the profit in the period compared to the previous year.   18 October 2018

Insurance

Insurtech Kin raises $47m to launch Florida carrier with Hudson Structured backing

Chicago-based insurtech start-up Kin has raised $47 million funding from new investors including Hudson Structured Capital Management (HSCM Bermuda), August Capital, Avanta, and UChicago Startup Investment Program.   28 August 2019

Insurance

Gallagher snaps up US commercial broker and MGA Jack Nebel

Broker Arthur J Gallagher has acquired North Barrington, Illinois-based The Jack Nebel Companies, a wholesale commercial insurance broker and managing general agency (MGA).   17 July 2018

Insurance

Ryan Specialty merges MGUs

RSG Underwriting Managers (RSGUM), a subsidiary of Ryan Specialty Group, is merging its managing general underwriters (MGUs) ThinkRisk and EmergIn Risk to operate under a unified brand.   7 November 2018

Insurance

RSA seeks new CFO; UK and International CEO Steve Lewis steps down

RSA Insurance Group has promoted its chief financial officer Scott Egan to become the new chief executive (CEO) of UK and International division, replacing Steve Lewis.   6 February 2019

Insurance

US insurtech Indio secures $20m funding for business insurance platform

Indio Technologies, an insurtech company that streamlines the business insurance application process, has secured $20 million in Series B funding led by Menlo Ventures, with participation from 8VC.   3 May 2019

Insurance

McLarens picks Cunningham Lindsey's Pigot as global head of specialty, London markets director

Global loss adjuster McLarens has hired David Pigot for the newly created role of director of London markets & global head of specialty.   3 May 2019

Insurance

Voce drops Argo board proposals after regulatory ‘flip-flop’

Activist investor Voce Capital Management has withdrawn its controversial board nominations ahead of insurer Argo’s annual general meeting after official state approval was revoked.   22 May 2019

Insurance

Marsh names new CEO of Jelf as Barton leaves to 'pursue other opportunities'

Broker Marsh has appointed Anthony Gruppo as new chief executive officer (CEO) of Jelf and leader of its wider UK & Ireland commercial and consumer client segment.   29 March 2019

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