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Nexus acquires London-based financial and professional lines MGA Plus Risk
Insurance
Specialty managing general agent (MGA) Nexus Group has acquired Plus Risk (PRL), a London-based financial and professional lines MGA providing management liability and niche professional indemnity insurance.   29 July 2019
AXA XL partners with insurtech MGU Vindati on Ocean Cargo insurance for SMEs
Insurance
Insurer AXA XL has partnered with insurtech managing general underwriter (MGU) Vindati to offer Ocean Cargo insurance for small and middle-sized businesses in the US.   26 July 2019
Chubb Q2 2019 profits slip slightly; CEO Greenberg highlights improved pricing environment
Insurance
The second quarter of 2019 was about "growth and pricing" for Chubb chief executive officer Evan Greenberg, who noted that the company benefited from an improved pricing and underwriting environment.   25 July 2019
Insurance
The 2019 half year results for French reinsurer SCOR “deliver a strong performance”, according to Denis Kessler, company chairman and CEO.   25 July 2019
Insurance
As Prime Minister Boris Johnson started selecting his cabinet yesterday, after being chosen as leader of the Conservative party, his choice of Sajid Javid for chancellor was welcomed by the Association of British Insurers (ABI).   25 July 2019
Insurance
Hippo, a California-based insurtech focused on the home insurance market, has secured $100 million Series D funding to fuel expansion of its footprint in the US.   25 July 2019
Insurance
Australian broker PSC Insurance Group is acquiring 100 percent of the share capital of Lloyd’s and London Market broker Paragon International Holdings for a base consideration of £42 million (approximately A$75 million).   25 July 2019
Insurance
American International Group (AIG) has created a position of chief sustainability officer to lead the development and implementation of a company-wide sustainability strategy.   25 July 2019
Insurance
Florida-based MGAguard, a new technology-enabled platform for specialty insurance underwriting, has commenced operations targeting the hospitality and taverns industry.   25 July 2019
Insurance
As Boris Johnson was confirmed as the new British Prime Minister, after Conservative party members chose their leader yesterday, many commentators pointed to the immense challenges he has ahead, not least his wafer thin majority in Parliament.   24 July 2019

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