Articles

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

Whitespace donates digital contract data structures to Acord

Digital risk placement Whitespace is donating its digital contract data structures to ACORD, the Association for Cooperative Operations Research and Development, the standards-setting body for the global insurance industry.   3 October 2019

Insurance

Generali looks at mid-size insurers as acquisition targets to boost growth

Italian insurer Generali is set to spend some €3 billion acquiring smaller and mid-size insurance companies and asset managers, its chief executive Philippe Donnet. told Bloomberg in an interview.   3 October 2019

Insurance

Swedbank uses Munich Re technology to enhance life insurance buying process

Swedbank, a bank and insurance providers in Sweden and the Baltic, is implementing underwriting technology from Munich Re Automation Solutions.   3 October 2019

Insurance

Insurer Steel City Re publishes reputational risk resilience checklist

Steel City Re has published a checklist for firms looking to bolster their reputational resilience as social media, smartphones and other technology, and the rise of cyber crime has made them more vulnerable to this kind of threat.   3 October 2019

Insurance

Insurance data analytics firm Verisk to buy property data analysts BuildFax

Data analytics firm Verisk is set to acquire US firm BuildFax, a provider of property condition and history data, after signing a definitive agreement with the company's shareholders.   3 October 2019

Insurance

UK councils hit by 263m cyber attacks in H1 2019: Gallagher

Almost half (49 percent) of all UK councils have faced a cyber attack since the beginning of 2017, with cyber criminals hitting these organisations with 263 million attacks in the first half of 2019 alone, research has revealed.   3 October 2019

Insurance

Tokio Marine HCC makes key French surety hires as it expands in Europe

Tokio Marine HCC, a subsidiary of global insurer Tokio Marine Group, has appointed Jennifer Metcalfe as senior surety underwriter - France.   3 October 2019

Insurance

Pro Global Holdings rebrands Vibe MGA Management as part of expansion strategy

Pro Global Holdings has confirmed the immediate rebranding of its Vibe MGA Management to Pro MGA Solutions Ltd in the UK, after receiving regulatory approval.   3 October 2019

Insurance

Research shows careless approach to quality of D&O insurance by many private equity firms: Mactavish

Many private equity firms are “not placing enough focus on the quality of insurance cover” in place at portfolio companies, according to research from Mactavish, the expert on commercial insurance placement and disputes.   3 October 2019

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