Articles
Insurance
UK commercial insurer RSA has appointed Mandy Hunt to succeed Colin Bradbury as chief underwriting officer (CUO) for commercial risk solutions (CRS), RSA UK & International. 5 July 2018
Insurance
US private equity firms Highbridge Principal Strategies (HPS) and Madison Dearborn Partners (MDP), which have a major shareholding in brokerage group Ardonagh, have acquired UK-based fee protection insurance company PFP. 5 July 2018
News
Traditional insurers are struggling to offer appropriate insurance products that address the particular needs of the sharing and gig economies, according to experts at a 2018 Insurtech Insights conference panel discussion on June 19 and 20 in London. 4 July 2018
Insurance
Rating agency AM Best has downgraded the financial strength ratings of AmTrust Financial Services’ insurance units to ‘A-’ from ‘A’. They were previously under review with negative implications. 4 July 2018
Insurance
Israel-based insurtech start-up Planck Re, an artificial intelligence (AI) driven commercial insurance data platform, has raised $12 million Series A in its first funding round. 4 July 2018
Insurance
Swiss Re Corporate Solutions has opened a new office in Hamburg, Germany to grow its regional commercial insurance portfolio. 3 July 2018
Insurance
US personal lines insurer Allstate is expanding its partnership with Uber Technologies with a new commercial auto offering in the New York State. 2 July 2018
Insurance
London-based Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has appointed Bob Cowdell as its first independent non-executive chairman. 2 July 2018
Insurance
Insurance broker Brown & Brown has acquired US-based Health Special Risk (HSR), a provider of third-party administration (TPA) and managing general underwriting (MGU) services for special risk and accident & health insurance. 2 July 2018
Insurance
The loss estimate for extratropical cyclone Burglind, also known as Eleanor, was lifted to €724 million by insurance data provider PERILS. 2 July 2018
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