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Allianz creates new digital claims role in automation push
Insurance
Allianz Insurance has appointed Shelley Hughes to the newly created position of digital claims propositions manager.   16 August 2019
Cobbs Allen unveils new specialty brokerage CAC to serve corporate and private equity clients
Insurance
US-based enterprise risk management agency Cobbs Allen has formed a new specialty insurance brokerage and investment banking platform to serve corporates and private equity clients. The company believes that current consolidation in the marketplace has created a need for an independent platform with scalability and the ability to move quickly and nimbly.   16 August 2019
Travelers appoints first chief sustainability officer
Insurance
Property/casualty insurer Travelers Companies has created a new position to lead its environmental, social and governance (ESG) efforts across the organisation.   16 August 2019
Insurance
Most of the top 20 reinsurers have switched strategy to take advantage of the price uptick, seen during the April, June and July 2019 renewals, by increasing their exposure to catastrophe risk, a report from S&P Global has found.   9 August 2019
Insurance
Mergers and acquisitions (M&A) in the global insurance industry are at their highest level for four years up 13 percent to 222 deals completed worldwide in the first six months of 2019 from 196 deals in the six months before.   1 August 2019
Insurance
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has expanded its cover and brought in a new risk model for tropical cyclones and earthquakes as member governments in the region renewed and extended their policies for 2019/20.   19 June 2019
Insurance
London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has raised $42 million Series B funding from investment firm Target Global, with other backers including TransferWise founder Taavet Hinrikus.   19 June 2019
Insurance
Re/insurance broker Aon has formed a strategic alliance with insurtech firm Hi Marley to improve insurers’ customer engagement through an artificial intelligence-enabled messaging solution.   19 June 2019
Insurance
Bermuda-based Aspen Insurance Holdings has hired Lloyd’s executive Joshua Brekenfeld as director of global corporate development.   19 June 2019
Alternative Risk Transfer
Aon Securities, the investment banking division of re/insurance broker Aon, has made two new strategic hires to help drive growth and innovation within its capital markets function.   11 June 2019

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