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Insurance
Direct Line Insurance Group has appointed Penny James as chief financial officer and executive director on its board, effective Nov. 1. 9 September 2017
Technology
Managing general agents are partnering with insurtech firms—a trend that could transform the sector and the very nature of MGAs, Peter Staddon, managing director of the Managing General Agents’ Association, tells Intelligent Insurer. 4 May 2018
Insurance
California-based insurtech company Hippo has raised $25 million in Series B funding, led by Comcast Ventures and Fifth Wall, and other fintech investors. 22 January 2018
Insurance
The London Market Group (LMG) has launched a campaign to promote London as the world’s insurance hub. It is aiming to provide buyers with a clear case for coming to London for solutions to the risks they face. 25 October 2017
Insurance
Switzerland-based Zurich Insurance Group has entered into a definitive agreement with Catalina Insurance Ireland to transfer its German legacy medical malpractice liabilities portfolio. 8 November 2017
Insurance
Bermuda-based AXIS Capital Holdings has appointed Steve Arora as the new chief executive officer of AXIS Re. 24 October 2017
Insurance
European run-off insurance company DARAG has strengthened its core team with three senior appointments including Mike Trotman as chief financial officer (CFO), Alex Roth as head of M&A, and Jim Wilson as group chief transaction officer. 7 September 2017
Insurance
UK insurer Aviva is selling its Asia and Middle East life business Friends Provident International (FPIL) to RL360 Holding Company, a subsidiary of International Financial Group, for a total consideration of £340 million. 19 July 2017
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has launched commercial motor MGA Edison Motor while appointing Steven Dickie and Doug Ockwell as joint managing directors of the new operation. 18 January 2018
Insurance
Acappella Group, the company funded by Willis and Ironshore, has launched as an insurance holdings company. 6 January 2015
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