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Price Forbes launches new practice with JLT trio to expand in 'siloed' insurance market
Insurance
Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has launched a new security risks practice following three senior hires from Jardine Lloyd Thompson Group, who have expertise in international risk management, military operations and insurance broking and underwriting.   25 June 2019
Ed seeks to break big broker monopoly in Bermuda using innovative technology
Insurance
London-based reinsurance, wholesale and specialty broker Ed is looking to become a "significant independent player" in the Bermuda marketplace which has been dominated by a few big brokers, according to Chris Bonard, chief executive of Ed in Bermuda.   25 June 2019
Insurtech experts from Lloyd’s Lab and Guy Carp share strategic insights
Insurance
Strategy and partnerships are vital to the success of insurtechs but many in the sector still struggle to get them right. Experts from Lloyd’s Lab, Guy Carpenter and two senior consultants in the industry came together to discuss the issues and provide insight for Intelligent Insurer’s webinar ‘Navigating the Insurtech Maze’, in association with Appian.   25 June 2019
Insurance
Florida-based Peachtree Casualty Insurance Company has completed its first assumption of legacy liabilities since its acquisition by SOBC DARAG in November 2018.   25 June 2019
Insurance
Tensorflight, an artificial intelligence insurtech start-up that uses machine learning and geospatial imagery to help P&C insurers better assess risks and understand portfolio exposures, has closed a $2 million financing round led by insurance industry investors HSCM Bermuda and Nephila.   24 June 2019
Insurance
Everest Insurance, Lloyd’s third-party managing agency Asta, and London-based Medical Protection Society (MPS) have teamed up to establish a Lloyd’s special purpose arrangement (SPA) slated to start from July 1.   24 June 2019
Insurance
Specialty insurer Beazley has appointed Desiree Khoury as a specialty treaty underwriter within its product solutions team, which provides customised turnkey products to insurance company partners.   24 June 2019
Insurance
Lloyd's has outlined 'six bold ideas', including simplifying market access and lowering costs, that it hopes will help transform the 333-year-old marketplace and prepare it to thrive in an increasingly challenging environment.   21 June 2019
Insurance
US cyber insurers have seen written premiums more than double in four years from $996 million in 2015 to $2 billion in 2018, a report from ratings agency AM Best has shown.   21 June 2019
Insurance
Specialist insurance and reinsurance market Lloyd's of London has formed global and London advisory committees to support its "bold new strategy" for the future.   20 June 2019

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