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Specialty insurer NMU has extended its standalone cyber product CyberSafe to now include a range of new services and extended benefits, chiefly customer payment fraud protection, and cover for business interruption loss resulting from reputational harm. 5 November 2019
Insurance
AIR Worldwide has launched a Multiple Peril Crop Insurance (MPCI) Model for India to boost “probabilistic assessments” of potential losses caused by yield shortfalls for 11 major crops. 5 November 2019
Insurance
Brokerslink, a global network of independent brokers, has recruited a new regional manager for Europe to grow its business on the continent. 21 February 2019
Insurance
GRP’s founders will retain their minority stakes. 3 February 2020
Insurance
Castel Specialty, a division of MGA formation platform Castel Underwriting Agencies, has added a global property facultative reinsurance offering to its portfolio while appointing a senior executive from Pen Underwriting. 3 April 2018
Insurance
Insurer Ironshore has announced that Antares Syndicate 1274 at Lloyd’s will join as a subscribing insurer for Iron-Starr Excess Agency. 7 April 2016
Insurance
US-based independent agency Cobbs Allen has launched a specialty insurance brokerage business with the hiring of senior insurance executives Paul Sparks and Darren Sonderman. 29 July 2019
Insurance
Re/insurer AXA XL has made a number of appointments in its UK client and distribution team, based in London. 16 September 2019
Insurance
Catastrophe risk modelling firm AIR Worldwide estimates that industry insured losses from Typhoon Faxai, which made landfall in Japan on September 9, will be between JPY 340 billion ($3 billion) and JPY 740 billion ($7 billion). 16 September 2019
Insurance
DXC Technology, a London insurance market service provider, has appointed Mike Salvino as its new president and chief executive officer (CEO). 16 September 2019
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