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Managing general agents (MGA) showed optimism about the sector’s growth potential in the latest MGAA Matters survey conducted by the Managing General Agents’ Association (MGAA) with over 57 percent saying they expected the number of specialist and niche MGAs would increase. 18 July 2018
Insurance
Insurance broker Lockton has expanded its construction services group with the addition of Brian Driscoll to its operations in Boston. 15 August 2017
Insurance
Michael Campo, who was formerly overseeing Lockton Companies’ construction practice, has joined IMA, a US-based insurance broker specialising in property/casualty insurance, employee benefits, surety and bonds. 15 August 2017
Insurance
Equity analysts from Jefferies have praised the significant cyber and casualty at specialty insurer Beazley in 2017. 28 February 2018
Insurance
XL Catlin has launched active assailant, loss of attraction and threat (ALT) insurance solution, which includes coverage for active assailant attacks on the operations of businesses and service providers. 15 December 2016
Insurance
The London Market Group (LMG) said on Aug. 8 that it introduced an online service that converts the contents of a paper Market Reform Contract (MRC) – the policy wording – into consistent electronic data that can then be ingested by the carriers’ own systems. 8 August 2017
Insurance
The rating agencies have started to react to the news that Liberty Mutual will acquire Ironshore – just over a year after Fosun International, China’s biggest conglomerate, acquired the remaining 80 percent stake in the Bermuda-based property/casualty insurer. 6 December 2016
Alternative Risk Transfer
Specialist Lloyd's insurer Neon has hired Mark Gibson as reinsurance and alternative capital director, reporting to managing director Ian Martin. 11 July 2017
Insurance
Specialty re/insurer Sompo Canopius has appointed Tim Phillips as credit and political risk underwriter. 11 July 2017
Alternative Risk Transfer
The chairman of the CATCo Reinsurance Opportunities Fund is expecting further rate decreases in the January 2019 renewals following challenging 2018 renewals. 20 August 2018
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