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Insurance
Xuber, Xchanging’s insurance software business which delivers solutions to the commercial insurance, health insurance and reinsurance marketplaces, has said that the long-term success of the London Market’s Target Operating Model (TOM) depends on winning over brokers and carriers across the whole London insurance market. 16 February 2016
Insurance
Insurtech Bought By Many has closed a £15m Series B funding round led by CommerzVentures, the corporate venture capital arm of Germany’s Commerzbank with participation of insurance broker Marsh. 3 July 2018
Insurance
Organisations are facing an increased threat to their operations from fraudulent instruction scams, according to claims data recorded by cyber specialised insurer Beazley. 5 February 2018
Alternative Risk Transfer
The amount of capital dedicated to writing reinsurance will increase to an estimated $427 billion in 2017, compared with $420 billion in 2016, according to AM Best. 5 February 2018
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) is introducing a professional indemnity insurance for financial institutions in Asia. 14 December 2017
Insurance
Risk management service provider Assurant has partnered with fintech company Fair. 14 December 2017
Insurance
Almost three years ago, a group of insurance professionals got together to consider the challenges facing BAME individuals and those from outside the UK working in the insurance sector, as Ajay Mistry and Kishan Mangat, co-chairs of the Insurance Cultural Awareness Network, report. 19 December 2019
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has appointed Bob Cowdell as its first independent non-executive director to support its expansion and growth plans. 14 May 2018
Insurance
Markel International, the specialist insurer, has appointed John Spencer as non-executive director. 29 February 2016
News
Reinsurers have embraced third-party capital through instruments like sidecars, collateralized reinsurance, and catastrophe bonds and the retrocession market increasingly depends on this convergence capital, a new report by S&P Global Ratings states. 15 August 2018
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