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Insurance
Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has partnered with Munich Re company ERGO Germany. 28 August 2019
Insurance
Crop Pro Insurance, a new managing general agent (MGA) specializing in crop insurance, received Standard Reinsurance Agreement (SRA) approval as an MGA from the US Department of Agriculture (USDA). 14 August 2017
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, is set to launch and commence trading during the first quarter 2018. 20 December 2017
Insurance
Allied World Assurance Company has launched a new habitational and hospitality programme between Allied World North America and Walnut Advisory Corporation, a managing general underwriting office in New Jersey. 5 January 2017
Alternative Risk Transfer
The insurance-linked securities (ILS) market is facing a possible brief doldrum in 2019, before reviving in the second half of the year, according to Paul Schultz, chief executive of Aon Securities. 29 March 2019
Insurance
The increasing appetite for Islamic insurance has led many investors to view the retakaful sector as a growth opportunity, but retakaful players have recently run into difficulty or have exited the market, according to a report by AM Best. 12 February 2018
Insurance
A group of investors is taking AmTrust Financial Services private to create a better environment to fix the problems that have been haunting the New York-based insurer. AmTrust needs to address financial controls as well as pricing and reserve adequacy issues. 2 March 2018
Insurance
Bermuda-based Endurance has unveiled an exclusive joint underwriting agreement with aviation managing general underwriter (MGU) W Brown Associates. 13 November 2015
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has introduced a specialty division to support individual underwriters who have smaller books of niche business. 3 October 2016
Insurance
Though much has been done to ensure a smooth Brexit transition for the UK insurance sector, leaders in the industry warned that EU subsidiaries could take business from London “very quickly” after Brexit. 25 January 2019
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