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Efforts by Lloyd’s of London to transform the market from a predominantly paper-based system to a digital one have shown “significant” progress in the final quarter of 2018, figures show. 5 February 2019
Insurance
Insurer Chubb has launched a new media industry practice for the UK and Ireland in response to "segment growth and feedback from key broker partners". 5 February 2019
Insurance
WR Berkley Corporation has appointed Arthur Davis as new president of Vela Insurance Services, succeeding David Jordan, who has moved to another senior leadership position at a Berkley portfolio company. 5 February 2019
Insurance
Global Risk Partners (GRP), a specialist investment vehicle for brokers and managing general agents (MGAs), has acquired a UK-based firm with a portfolio of nine leading specialist insurance broking and managing general agency (MGA) businesses. 5 February 2019
Insurance
Current insurance losses for the Townsville floods in Australia are valued at $45 million, from 3,500 claims, however, the Insurance Council of Australia (ICA) expects these figures to rise as people begin to return home to assess the damage. 5 February 2019
Insurance
Jad Ariss, the former CEO of AXA's Middle East and Africa business, has been appointed secretary general of the Geneva Association, effective 1 March 2019. 4 February 2019
Insurance
Re/insurer AXA XL has collaborated with property/casualty platform provider Guidewire Software on risk modelling solution to help quantify the financial impact of cyber risk exposures. 29 January 2019
Insurance
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
The acrimonious dispute between SCOR and Covéa, which started with failed takeover bid by the latter last year, has taken another remarkable twist that will likely see the clash played out in court. 29 January 2019
Insurance
Insured losses from the November 2018 wildfires in California have been re-evaluated upwards to $11.4 billion, representing a 25 percent hike from initial figures reported by the US government’s Department of Insurance. 29 January 2019
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