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LIIBA warns on missing Brexit equivalence regime for brokers
Insurance
London & International Insurance Brokers’ Association (LIIBA) chairman Roy White has written to the UK’s prime minister Theresa May to drive attention to the fact that insurance intermediates do not have an equivalence framework in place to allow for business continuity after the UK leaves the EU.   22 August 2018
Insurance
PERILS, the Zurich-based organisation that provides catastrophe insurance data, has released its initial loss estimate for the floods in the UK resulting from Storm Desmond.   15 January 2016
Lloyd’s carriers 'genuinely' embrace e-placing, beat targets for second quarter 2019
Insurance
Specialist re/insurance marketplace Lloyd's of London saw a significant increase in the use of placing platform PPL during the second quarter of 2019 with more than half of its in scope risks placed electronically. PPL board chair Bronek Masojada said the market has "genuinely adopted" e-placements and he hopes to achieve the same success in submission rates.   13 August 2019
Insurance
Insurtech Bought By Many has closed a £15m Series B funding round led by CommerzVentures, the corporate venture capital arm of Germany’s Commerzbank with participation of insurance broker Marsh.   3 July 2018
Insurance
Italian insurer Assicurazioni Generali has announced on Oct. 18 that its board of directors has resolved to terminate the working relationship with group chief insurance officer Valter Trevisani by mutual agreement.   19 October 2017
Insurance
Bermuda-based Blue Capital Reinsurance Holdings said that it expects third-quarter catastrophe losses of $57.5 million, net of reinsurance and reinstatement premiums.   19 October 2017
Insurance
Russell Kilpatrick, the former director and founding executive chairman of Dual Corporate Risks, has invested in insurtech startup Equipsme.   26 March 2018
Insurance
Insurtech startup Marshmallow has won a trademark case against insurance broker Marsh.   14 May 2018
Insurance
Commercial insurance prices were nearly flat during the third quarter of 2017, according to Willis Towers Watson’s most recent Commercial Lines Insurance Pricing Survey (CLIPS).   11 December 2017
Insurance
A destructive wildfire raging in southern California has expanded significantly, scorching an area larger than New York City, BBC News reported on Dec. 11.   11 December 2017

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