Articles

Insurance

MGA capacity set to grow but carriers split on direction of travel, finds Clyde & Co survey

Fourth fifths (80 percent) of carriers expect to increase MGA capacity in 2019, according to a survey of more than 100 insurers and MGAs conducted by global law firm Clyde & Co.   1 July 2019

Insurance

BGC swoops on Willis global head of broking to lead new aerospace intermediary

BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, has hired Willis' Philip Smaje as chief executive officer (CEO) of its new global aviation and aerospace re/insurance intermediary.   1 July 2019

Alternative Risk Transfer

‘ILS growth ahead’: S&P

A recent downswing in interest in investing in the ILS market might be reversed by new developments, according to a new S&P Global Ratings report.   28 June 2019

Insurance

RSA appoints new CUO to improve global risk solutions' profitability

RSA Insurance Group has appointed Rachel Conran as new chief underwriting officer (CUO) for its UK & International (UK&I) global risk solutions (GRS) business. She will be based in Luxembourg.   27 June 2019

Insurance

JBA partners with insurtech FloodFlash on first parametric flood policy

JBA Risk Management has partnered with insurtech start-up FloodFlash to launch an innovative parametric flood policy for individual property and business owners.   27 June 2019

Insurance

TigerRisk brings JLT Re duo to lead binding authority business

Reinsurance broking and risk/capital management firm TigerRisk Partners has hired JLT Re's Neill Cotton and Mark Sleet as partners to lead the company's binding authority and programme businesses.   27 June 2019

Insurance

CLS appoints in-house legal underwriting counsel

CLS Risk Solutions, a legal indemnity and transactional property risk MGA, has appointment an in-house underwriting counsel to assist underwriters with risk analysis and keep the teams up to date with legal developments.   27 June 2019

Technology

Grappling with the fifth theatre of warfare

As the rating agencies, regulators and investors wake up to the magnitude of the threat posed by silent cyber risk, re/insurers must get their act together and tackle this large and infinitely complex risk head-on. Intelligent Insurer reports.   27 June 2019

Insurance

AIG brings CNA talent to drive growth, underwriting at Blackboard Insurance

Blackboard Insurance, a subsidiary of American International Group (AIG), has hired CNA's John Mizzi to replace Ed Pulkstenis as new head of growth and underwriting as it plans to expand in the commercial middle market.   27 June 2019

Insurance

Zurich takes lead on UN climate goals; commits to 100% renewable energy by 2022

Zurich has become the first major global insurer to align with United Nation's climate change goals by committing to using 100 percent renewable energy in all global operations by the end of 2022, and to stop writing certain thermal coal and oil sands risks.   26 June 2019

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