Articles

Insurance

Insurtech Brolly files first own claim with Hiscox after burglary

Insurance startup Brolly, which offers an AI-driven insurance app, is claiming on its own business insurance for the first time after its office was burgled.   14 September 2018

Insurance

Brit appoints head of UK property from Marsh

Specialty re/insurer Brit has appointed Marsh executive Neil Walker as head of UK property.   16 March 2018

Insurance

Gallagher acquires UK regional commercial insurance broker

Broker Arthur J Gallagher is acquiring UK regional commercial insurance broker Risk Services based in Chester.   9 May 2018

Insurance

Buffett warns on cyber risks

Warren Buffett said he doesn’t want Berkshire Hathaway being a leader on cyber insurance because neither he nor others in the industry really know the risk, according to a May 5 Bloomberg News report.   8 May 2018

Insurance

Sompo advances European expansion with Luxembourg unit

Bermuda-based property and casualty re/insurer Sompo International Holdings (SIH) has completed the integration of Sompo Japan Nipponkoa Insurance Company of Europe (SJNKE) on May 1 with SJNKE becoming a wholly-owned subsidiary of SIH.   8 May 2018

Insurance

Markel taps Guy Carpenter exec for new ceded reinsurance head role

Specialty insurer Markel Corporation has appointed Julia Chu to the newly-created position of chief global ceded reinsurance officer.   14 March 2018

Insurance

Neon unveils new contingency offering with Barents Re hire

Specialist Lloyd's insurer Neon has launched a new contingency offering with the hiring of Barents Re executive Jeremy Cooke as contingency underwriter.   10 April 2018

Insurance

Ted Blanch returns with cat-focused broker COIN Re

Industry veteran Ted Blanch has returned to the market with a new venture, a new Florida-focused broker, which he claims will disrupt catastrophe reinsurance with lowered costs and a radically different ownership model.   28 October 2018

Insurance

S&P rewards AXIS for strategic changes post Novae deal

S&P Global Ratings has rewarded strategic changes made by AXIS Capital, which include reducing its exposure to legacy liabilities generated by the Novae Group, by revising its outlook on the company’s ratings to stable from negative.   13 December 2018

Insurance

WR Berkley makes senior changes in units

WR Berkley has appointed Scott Barraclough, the president of excess and surplus lines player Admiral Insurance, as chief executive officer of Berkley Public Entity (BPE), a Berkley Company that specialises in public entities and intergovernmental pools or trusts.   26 October 2018

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