Articles

Insurance

R&Q subsidiaries Accredited US and Accredited Europe partner with UK and US MGAs

Randall & Quilter Investment Holdings (R&Q) subsidiaries Accredited Surety and Casualty Company (Accredited US) and Accredited Insurance (Europe) (Accredited Europe), have completed a number of new program partnerships.   21 August 2019

Insurance

Tokio Marine partners with tech start-up incubator Plug and Play

Japanese property and casualty insurance group Tokio Marine Holdings has partnered with Singapore based Plug and Play's insurtech program.   21 August 2019

Insurance

Dramatic rise in fintech M&A and funding ramps up pressure on legacy firms: Hampleton Partners

Funding for fintech is rising at a dramatic pace with positive implications for insurtech developments ramping up pressure on legacy firms to compete, research suggests.   20 August 2019

Insurance

MGA Avid sells majority stake to Beech Tree Private Equity to ‘fuel organic growth’

Specialist MGA Avid Insurance Services has sold a majority stake in the company to Beech Tree Private Equity (BTPE).   20 August 2019

Insurance

Travelers appoints first chief sustainability officer

Property/casualty insurer Travelers Companies has created a new position to lead its environmental, social and governance (ESG) efforts across the organisation.   16 August 2019

Insurance

Typhoon Lekima insured losses in China estimated to exceed $855m: AIR Worldwide

Insured losses from Typhoon Lekima that ravaged parts of China this weekend is expected to exceed CNY 6 billion ($855 million), according to catastrophe risk modelling firm AIR Worldwide.   15 August 2019

Insurance

Sompo partners with Munich Re, XL-backed insurtech Slice to launch on-demand insurance in Asia

Re/insurer Sompo Holdings and US-based insurtech Slice Labs have entered into a proof-of-value contract to offer a 'first-of-its-kind' on-demand insurance to the Asia Pacific region.   15 August 2019

Insurance

Arch buys insurtech managing general underwriter Ventus Risk Management

Arch Insurance North America has entered into a definitive agreement to acquire insurtech managing general underwriter (MGU) Ventus Risk Management.   15 August 2019

Insurance

McGill & Partners acquires renewal rights to certain Marsh, JLT Specialty business

London-based McGill & Partners, a specialty risk solutions company, has signed an agreement with broker Marsh and JLT Specialty to acquire certain specialty business from Marsh in London.   15 August 2019

Insurance

Todd Jones leaves Willis Towers Watson to become QBE North America CEO

Broker Willis Towers Watson has appointed Adam Garrard as new leader for the corporate risk & broking (CRB) segment, replacing Todd Jones who is joining specialist insurer QBE Insurance Group as CEO North America.   15 August 2019

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