Articles
Insurance
Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, has officially announced that it intends to headquarter its post-Brexit EU operations in Luxembourg. 4 July 2017
Insurance
South Korea’s new President Moon Jae-in will struggle to reform the local insurance market, according to a report by Axco Insurance Information Services. 4 July 2017
Insurance
Chubb has launched as new so-called MasterPackage solution for technology companies domiciled in the UK and Ireland which includes improved cyber coverage. 4 July 2017
Insurance
Advisory firm Moore Stephens has merged with actuarial firm James, Brennan & Associates (JBA). 4 July 2017
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
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