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Insurance

Pay-as-you go insurtech Zego raises $42 million to fund European expansion

London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has raised $42 million Series B funding from investment firm Target Global, with other backers including TransferWise founder Taavet Hinrikus.   19 June 2019

Insurance

Barbican Managing Agency seeks partnerships

Barbican’s managing agency is seeking diversification and growth through corporate partnerships, Ian Bremner, managing director of Barbican Managing Agency, told Monte Carlo Today.   14 September 2016

Insurance

AXA appoints new UK, Ireland CEO as Blanc departs

French insurer AXA Group has appointed Claudio Gienal as new CEO of AXA UK and Ireland, replacing Amanda Blanc.   9 July 2018

Insurance

JLT Specialty hires Aon Benfield exec

JLT Specialty Insurance, a US subsidiary of Jardine Lloyd Thompson (JLT), has appointed Hans van Heukelum as chief commercial officer.   11 June 2015

Insurance

SCOR says CIAM's claims 'unfounded, misleading'; backs CEO Kessler

French reinsurer SCOR has called on its shareholders to reject the draft resolution of its activist investor CIAM that suggested its CEO Denis Kessler be removed from the company's board of directors.   26 March 2019

Insurance

CIAM urges SCOR to end Kessler's combined CEO and chair roles

French investment management firm CIAM, which holds 0.94 percent stake in SCOR, has submitted a draft resolution asking the reinsurer to oust its long-serving chief executive Denis Kessler from the company's board of directors at the next general meeting on April 26.   26 March 2019

Insurance

Former PICC president reportedly pleads guilty in $1.4m bribe case

Wang Yincheng, former president of the state-owned People's Insurance Company of China (PICC), has pleaded guilty in a trial on the charge of accepting bribes, according to an April 16 report by the country’s official press agency Xinhua.   19 April 2018

Insurance

Novae appoints agriculture reinsurance head

Lloyd’s insurer Novae Group has appointed Hanne Wagner as head of agriculture reinsurance, following Clive Hardy’s retirement as unit head.   20 April 2015

Insurance

MSIG underwriting director departs

Martin Hudson, the director of underwriting at Mitsui Sumitomo Insurance Group (MSIG) at Lloyd’s, has resigned.   12 January 2015

Insurance

Tokio Marine Kiln makes senior casualty hire from QBE

Specialist insurer Tokio Marine Kiln has appointed Stuart Chamberlain as senior casualty underwriter. He joins TMK from QBE.   21 March 2018

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