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Insurance
Disruptive Capital Investments, a £250 million fund controlled and managed by City financier Edi Truell, has acquired a majority stake in REG (UK), an online counterparty risk management platform for the UK general insurance market. 27 April 2017
Insurance
Karen Clark & Company (KCC), a provider of catastrophe risk management software, has released the RI4 update to the RiskInsight open loss modelling platform. 29 September 2015
Insurance
US re/insurers mulling a launch in the UK or Europe are stuck in limbo thanks to the uncertainty created by the UK’s vote to the leave the EU and the impasse before negotiations even start, Andrea Best, partner at law firm Drinker, Biddle and Reath, told PCI Today. 24 October 2016
Insurance
Catastrophe modelling firm AIR Worldwide has appointed Jayanta Guin as executive vice president. 15 April 2014
Insurance
Property Claim Services (PCS) is to launch an app that will allow post-catastrophe damage to be assessed in real time. 15 September 2014
Insurance
London-based specialty re/insurance market Lloyd’s has inaugurated its Indian branch in the presence of UK Chancellor Philip Hammond and joined by MS Amlin as the first participating syndicate. 5 April 2017
Alternative Risk Transfer
Parametric cat bonds can help the countries of South Eastern Europe, Central Asia, the Caucasus, and the Commonwealth of Independent States as well as Turkey (ECIS) close the protection gap associated with natural catastrophe risk, Kirill Savrassov, chief executive officer of Phoenix CRetro, a niche Bermudian ILS specialist, told Baden-Baden Today. 22 October 2018
Insurance
A new generation of catastrophe models could be completely transparent to their users – heralding a seismic change in the way risk models are built and used, which could be as significant a change for the industry as when the very first cat models were built in the early 1980s. 9 June 2017
Insurance
Big data acquired from social media can be beneficial for insurers as long as they understand the rules and regulations, according to Erik Abrahamsson, founder and head of operations at insurtech start-up Digital Fineprint, speaking in the aftermath of the scandal involving Admiral and Facebook. 3 November 2016
Insurance
Car manufacturers and suppliers are investing massively in automated driving technology and creating a rush hour of challenges for the motor insurance industry as a consequence. Intelligent Insurer finds out more. 4 October 2016
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