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Insurance
Blockchain insurance start-up B3i has released the latest version of its property catastrophe excess of loss reinsurance application and successfully deployed it to production environments ahead of year-end renewals. 16 October 2019
Insurance
Prudential Financial has appointed Andrew Sullivan to succeed Stephen Pelletier as executive vice president and head of US businesses, effective December 1. 30 August 2019
Insurance
New York-based insurance start-up Sure has raised an additional $12.5 million in a Series B funding round led by WR Berkley Corporation, bringing its total financing to $23.1 million. 13 June 2019
Alternative Risk Transfer
Pacific Investment Management Company (PIMCO), the asset management company owned by Allianz, has recruited Rick Pagnani, the former chief executive of Everest Re’s sidecar Mt. Logan Re, as head of its ILS business. 11 January 2019
Insurance
The British Insurance Brokers Association (BIBA) has echoed the concerns of other bodies in arguing that the draft Brexit agreement revealed today (November 15) does not offer a solution for UK brokers trading with retail and commercial customers in Europe. 15 November 2018
Insurance
‘Accomplished leader has extensive healthcare industry experience in sales, operational and business development roles.’ 8 November 2019
Insurance
Munich Re subsidiary ERGO is restructuring in an effort to cut costs and pivot towards increasing digitalisation. 2 June 2016
Insurance
The insurance industry has no need for the supplementary regulations proposed by the Organisation for Economic Co-operation and Development's (OECD) for the so-called “pillar one” of its programme of work to develop a consensus solution to the taxation challenges arising from the digitalisation of the economy, according to a position paper published today by Insurance Europe, the European insurance and reinsurance federation. 14 October 2019
Alternative Risk Transfer
Rick Montgomerie and Charlie Vaughan, the portfolio managers for Markel CATCo Investment Management’s Aquilo Fund, are leaving the company to establish a new investment manager and fund — Chard Re Investment Management. Elizabeth Simmons, the fund's underwriter, will also be leaving to join Chard Re, which is intended to launch January 1, 2020. 14 October 2019
Insurance
Specialty insurance company ProAssurance Corporation has appointed Edward Rand, Jr., the company’s president and chief operating officer, to succeed Stancil Starnes as chief executive officer from July 1, 2019. 23 May 2019
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