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Specialty insurer ProSight Global files for $150m initial public offering
Insurance
US-based specialty property/casualty insurer ProSight Global has launched its initial public offering (IPO) of approximately 8.8 million shares of common stock on the New York Stock Exchange.   17 July 2019
Broker Risk Strategies buys trucking and transportation specialist Winter Group
Insurance
US insurance brokerage and risk management firm Risk Strategies has acquired California-based Winter Group, a specialty insurance programme manager with a focus on the trucking industry.   17 July 2019
Ogden discount rate ‘just a bump in the road’ for motor insurers, says S&P
Insurance
S&P Global Ratings said the less generous than expected minus 0.25 percent Ogden discount rate announced yesterday is ‘just a bump in the road’ for UK motor insurers.   16 July 2019
Insurance
Hudson Structured Capital Management (HSCM Bermuda) has led the Series B funding round of insurtech RiskGenius, which provides software-based natural language processing tools for improving the quality and accuracy of insurance policies.   16 July 2019
Insurance
Specialist captive managing general agent (MGA) International Re (I–RE) has launched a re/insurance solution for mid-sized captives with the establishment of I–RE SA.   16 July 2019
Insurance
Munich Re has hired Kyungsuk Lee as new head of life and health business in Korea. He was most recently CFO at Chubb Life Korea Insurance and has worked for direct insurance companies in the US and Korea for over 15 years.   16 July 2019
Insurance
Florida-based property/casualty broker AssuredPartners has acquired Birmingham-based risk management and insurance broking firm Hettle Andrews & Associates.   16 July 2019
Insurance
Louisiana-headquartered Fidelis Group Holdings (FGH) has hired Mark Taylor as senior manager of its claims division.   16 July 2019
Insurance
Specialty re/insurer Brit has hired Garick Zillgitt from Swiss Re and Justin Magee from Redstone Underwriters to strengthen its casualty portfolio in the US.   10 July 2019
Insurance
Specialty re/insurer Canopius has made four new appointments for its recently established Canopius Australia & Pacific branch in Sydney, which has also gained binding authority approval from Lloyd’s.   8 July 2019

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