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Insurance intermediary The Ardonagh Group which comprises Autonet and Carole Nash, Paymentshield, Insurance Broking, Schemes and Programmes, MGA and Wholesale, has reported adjusted EBITDA (Earnings before interest, taxes, depreciation and amortization) up 12.7 percent year on year at £28.0 million in the first quarter of 2018. 23 May 2018
Insurance
Independent specialty managing general agent (MGA) Nexus Group said in a statement that it has acquired specialist trade credit broker Credit Risk Solutions (CRS). 27 October 2017
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has appointed Richard Carver as managing director and senior broker in the firm’s UK non-marine division. 22 May 2018
Insurance
Asta, the Lloyd’s third party managing agent, has taken over as the managing agency to Skuld Syndicate 1897. The syndicate was previously managed by R&Q Managing Agency. 4 April 2014
Insurance
Bermuda-based specialist re/insurer Ascot Group has poached a US marine team from Navigators Group and launched a new US marine business on the back of this. 13 July 2018
Insurance
Sedgwick, a provider of technology-enabled business solutions in the risk and benefits services space, has appointed Malcolm Hughes as chief executive officer of its operations in Ireland. 23 April 2018
News
Munich Re Specialty Group (MRSG) of London has added former Aspen and XL Catlin executives to lead its underwriting team. 31 August 2018
Insurance
French insurer AXA has won a fraud court case in the UK against three-time Home Counties boxing champion Conroy Downer by using Facebook evidence. 31 August 2018
Insurance
JLT Specialty USA, a US subsidiary of re/insurance firm Jardine Lloyd Thompson Group (JLT), has appointed Jim Gaubert as senior vice president (SVP) for its entertainment and hospitality specialty practice. 3 February 2016
Insurance
Cedants’ needs are unchanged in terms of requiring access to capital and more insightful data, but their expectation as to how this is being delivered is changing, Jonathan Howe, global insurtech leader at PwC, told Baden-Baden Today. 23 October 2017
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