Articles

Insurance

London-based Insurtech Gateway launches in Australia post £30m fundraise

Gateway, a London-based insurtech incubator that recently closed the first tranche of a new £30 million investment fund, has launched in Australia, and is exploring partnerships in Asia, North America and Central Europe.   23 July 2019

Insurance

HDI Global Specialty acquires Swedish MGA Svedea in expansion strategy

HDI Global Specialty SE, a joint venture of Hannover Re and HDI Global SE, has acquired alternative specialty lines managing general agent (MGA) Svedea to strengthen its position in Sweden.   23 July 2019

Insurance

Price Forbes swoops for JLT team to launch new professional liability unit

Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has launched a new professional liability division following the hire of an experienced team that previously worked at wholesale insurance broker Lloyd & Partners, which was merged with JLT Specialty in 2015.   23 July 2019

Insurance

Phinsys and PWC unite to deliver tech tools to manage rise in regulatory demands; IFRS17

A partnership between finance automation software provider Phinsys and consultants PwC has developed technology to enable finance transformation and streamlined IFRS 17 projects.   23 July 2019

Insurance

Liberty Specialty Markets appoints Jon Rigby as first chief cyber officer

Liberty Specialty Markets (LSM) has appointed Jon Rigby to the newly created role of chief cyber officer, based in London.   23 July 2019

Insurance

AI-powered insurtech FRISS enters UK to tackle insurance fraud

Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has opened its UK office led by Martyn Griffiths.   23 July 2019

Insurance

RSA reshuffles Middle East leadership; appoints CEOs Martin Rueegg and Praveen Kumar

RSA has hired Martin Rueegg from AXA to be its new chief executive (CEO) of the Middle East and UAE, replacing Lloyd East who will move to RSA’s Canadian operation Johnson to become vice president of strategic operations and chief operating officer (COO). Rueegg will take up his new post in September.   22 July 2019

Insurance

AXA XL appoints Paul-Henri Rastoul as Chief Underwriting Officer, XL Insurance Company SE

Reinsurer AXA XL has appointed Paul-Henri Rastoul as chief underwriting officer at XL Insurance Company SE.   22 July 2019

Insurance

ABI: -0.25% Ogden rate change assessment ‘misleading and disingenuous’

A government Impact Assessment (IA) of changes to the UK’s personal injury discount rate, also known as the Ogden rate, has been described as “misleading and wholly disingenuous” by the Association of British Insurers (ABI).   19 July 2019

Insurance

Generali unveils new head of engineering underwriting in GC&C Asia

Generali Global Corporate & Commercial (GC&C) has appointed Dawood Yeung as new head of engineering underwriting in Asia.   19 July 2019

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