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Aviva’s group operational risk director Michael Sicsic has been appointed as chairman of the Operational Risk Consortium (ORIC), an industry group which collects risk data for the insurance industry. In his two-year role, he will be responsible for driving ORIC’s international growth. 24 January 2014
Insurance
Digitisation of insurance systems offers considerable potential to improve efficiency and the development of new distribution and sales channels, but the biggest opportunity stems from the improvement of the customer experience, says Matthias Marwege, executive director of Munich Re for Spain, Portugal, Latin America and the Caribbean. 13 November 2017
Insurance
The potential of big data to enhance decision making is already in existence but must be tapped to ensure the industry’s future development. 24 June 2014
News
Insurers in Brazil face big changes to the way they buy reinsurance if two new resolutions come into force on March 31, 2011. The new rules will restrict their ability to reinsure risks internally and will force them to use more local players. 1 March 2011
Insurance
Most participants in the London Market would like to see it run more efficiently—but getting everyone to agree on how best to achieve this is quite another matter. Intelligent Insurer finds out more. 1 June 2012
Insurance
Specialty risk insurance and reinsurance business Beazley is set to continue its focus on US insurance, after the segment helped the firm post a strong set of results for the first half of 2015. 21 October 2015
Insurance
Pardus, a newly launched managing general agency, has appointed Nick Paine as head of North American property. Property will be the first of several classes that Pardus plans to launch this year. 8 July 2014
Insurance
Broker Miller and William Gallagher Associates (WGA), a US retail insurance broker, have launched pandemic disease business interruption insurance in response to the ebola threat. 16 October 2014
Insurance
Strong investment results helped boost an otherwise tepid set of first quarter results for Alleghany Corporation, which owns TransRe, in which its profits dipped because of lower underwriting profits less reserve developments and the business also shrank slightly. 5 May 2017
News
As money continues to pour into insurtech ventures, there is evidence that only the big, global technology players and true venture capital firms have pockets deep enough to precipitate true disruption in the insurance space. Simon Hayes investigates where this will leave the incumbent players. 11 December 2018
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