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Insurance
10 managing agents in deal to share hurricane risk model
Lloyd’s and the Lloyd’s Market Association (LMA) have made a deal with US hurricane model provider Applied Research Associates (ARA), which will provide its Hurloss hurricane model and Middle East earthquake model to subscribing managing agents on a shared service basis.   19 September 2016
Insurance
Advent launches bespoke underwriting unit; hires three from Beazley
Advent, a Lloyd’s insurer, has established a bespoke products underwriting unit, let by Paul Driver and Philip Misztela, and supported by Stuart Cowen.   19 September 2016
Insurance
Verve to underwrite professional risks via Castel’s MGA platform
Verve Risk Partners has joined as a cell on the Castel Underwriting Agencies MGA formation platform to target US professional and management liability risks.   19 September 2016
Insurance
Neon expands M&A team
Neon, an insurer operating in the specialist Lloyd’s market, has appointed Andrew Thornton as underwriter and solicitor for merger and acquisitions tax insurance, effective immediately.   19 September 2016
Insurance
XL Catlin to acquire Brooklyn Underwriting
XL Catlin has entered into a definitive agreement to acquire Brooklyn Underwriting and Brooklyn IT (Brooklyn) from Paul Hines, their beneficial owner.   16 September 2016
Insurance
Willis appoints Australasia head after JLT poach
Willis Towers Watson has appointed Andrew Boal as regional head of Australasia, following the departure of chairman and CEO Tony Barber, who has now moved to JLT.   16 September 2016
Insurance
New Cayman reinsurer launched; former Aon chair Markey joins board
A new reinsurer that will initially target the Florida property/casualty insurance market has been formed on the Cayman Islands.   15 September 2016
Insurance
LMA hires from The Channel Syndicate for delegated authority role
The Lloyd’s Market Association (LMA) has appointed Tom Hamill as a senior executive, underwriting.   15 September 2016
Insurance
TigerRisk Capital Markets poaches Willis VP; launches in London
TigerRisk Capital Markets & Advisory, the investment banking arm of TigerRisk Partners, has launched in London.   14 September 2016
Insurance
Touriga Risk’s new niche underwriting capacity in London
Touriga Risk, a specialist managing general underwriter, is aiming to launch its underwriting capacity at Lloyd’s by December 15, 2016, following the redomiciling of its business to London from Texas in June.   14 September 2016

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