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Insurance
Delta Insurance Singapore, which describes itself as the first cyber, technology and financial lines Lloyd’s Coverholder in Singapore, has opened for business. 4 July 2017
Insurance
The insurance industry has the worst communicators in the financial services sector and the industry risks becoming irrelevant if it continues to look to the past instead of the future, Stephen Catlin, the founder and former CEO of Catlin Group, has claimed in a new book. 4 July 2017
Insurance
Relatively benign weather since the 2016 launch of Flood Re has allowed the UK government-backed scheme to build up reserves since its launch on the back of some 127,326 policies that have benefited from being backed by Flood Re. 4 July 2017
Insurance
EC3 Consultants, a business support organisation targeting the insurance industry, has launched a General Data Protection Regulations (GDPR) review and audit service to support insurance companies, brokers and MGAs grappling with the new data requirements. 4 July 2017
Insurance
Between 30 percent and 40 percent of some insurers’ revenues are at risk from the threat being created by Insurtech embracing technological innovations including data, robotics and artificial intelligence (AI), according to Paul Williams, executive chairman of insurtech company JRW Group. 4 July 2017
Insurance
The Managing General Agents’ Association (MGAA) has unveiled new strategic plans which include advising its members on Brexit and new annual sponsors at its third annual conference taking place in London today (Tuesday July 4). 4 July 2017
Insurance
Broker Willis Towers Watson has appointed Mei-Chee Shum as Greater China life sales and practice leader in its insurance consulting and software business. 4 July 2017
Insurance
Randall & Quilter (R&Q) has completed the acquisition of AstraZeneca Insurance Company (AZICO) after receiving all the necessary approvals. 4 July 2017
Insurance
Lloyd’s has appointed Hiscox non-executive chairman Robert Childs to the position of deputy chairman. 3 July 2017
Insurance
Specialist Lloyd’s broker Price Forbes Holdings said July 3 that it is entering the Chilean market by acquiring an equity interest in reinsurance broker Cooper Gay Chile. 3 July 2017
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