Articles

Insurance

AI-powered insurtech FRISS enters UK to tackle insurance fraud

Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has opened its UK office led by Martyn Griffiths.   23 July 2019

Insurance

Ensurance launches terrorism and sabotage insurance early in US and Australia

Specialist managing general agent (MGA) and Lloyd’s coverholder Ensurance has extended its terrorism and sabotage insurance to the US and Australian markets ahead of schedule.   23 July 2019

Insurance

Greenlight Re backs insurtech Cove to ‘potentially transform New Zealand market’

Reinsurance firm Greenlight Re has made a strategic investment in insurtech start-up Cove Limited, which is based in New Zealand.   22 July 2019

Insurance

RSA reshuffles Middle East leadership; appoints CEOs Martin Rueegg and Praveen Kumar

RSA has hired Martin Rueegg from AXA to be its new chief executive (CEO) of the Middle East and UAE, replacing Lloyd East who will move to RSA’s Canadian operation Johnson to become vice president of strategic operations and chief operating officer (COO). Rueegg will take up his new post in September.   22 July 2019

Insurance

Nexus signs up REG to manage compliance with international regulations

Specialty managing general agents the Nexus Group (Nexus) have signed up on-demand technology firm the REG Network to provide counterparty due diligence and agency management across its companies globally.   22 July 2019

Insurance

RSG expands products and geography by opening Barcelona office

Specialty insurer Ryan Specialty Group (RSG) has confirmed plans to open an office in Barcelona as part of an expansion strategy to grow geographically and increase its products.   22 July 2019

Insurance

Brit creates head of innovation role, hires insurtech expert James Birch

Specialty re/insurer Brit has created the new post of head of innovation and appointed James Birch, who starts today (22 July).   22 July 2019

Insurance

AXA XL appoints Paul-Henri Rastoul as Chief Underwriting Officer, XL Insurance Company SE

Reinsurer AXA XL has appointed Paul-Henri Rastoul as chief underwriting officer at XL Insurance Company SE.   22 July 2019

Insurance

Darag buys UK-based insurer in run-off, The Underwriter

International re/insurance firm Darag has bought The Underwriter, a UK-based insurer in run-off.   22 July 2019

Insurance

Marine insurance premium rise ‘near certainty’ as hostility escalates over Iran-UK tanker seizure

Insurance premium increases are a “near certainty” for shipping in the region of the strait of Hormuz after Iran seized UK-flagged oil tanker Stena Impero on Friday 19 July.   22 July 2019

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