Articles

Insurance

Allied World adds umbrella coverage for SMEs

Allied World North America, a subsidiary of Allied World Assurance Company, has partnered with Great Point Insurance to offer umbrella coverage in the US and Canada for small businesses through its online portal, UmbrellaPro.   4 July 2016

Insurance

Insurers must be ruthless with poorly performing business units: DARAG

Legacy can be an attractive alternative to raising capital via an equity or bond issue, or reinsurance.   15 September 2020

Insurance

Pro Global snaps up MGA incubator Vibe

Specialist re/insurance provider Pro Global Insurance Solutions is acquiring Vibe MGA Management, the MGA incubator business of Vibe UK, which owns Lloyd’s managing agent Vibe Syndicate Management.   25 April 2019

Insurance

China Pacific invests in B3i; insurance blockchain seeks expansion in new and growing markets

Blockchain insurance industry initiative B3i has added Chinese insurer China Pacific Insurance Company (CPIC) as its latest shareholder, with Li Hao joining as a member of the board.   22 August 2019

Insurance

AXIS appoints Michael Baumel to head claims succeeding David Hayward

AXIS Insurance, a business segment of Bermuda-based AXIS Capital Holdings, has appointed Michael Baumel as new chief claims officer, succeeding David Hayward who is retiring in March 2020.   17 September 2019

Insurance

Neon group CEO Martin Reith steps down, hands reins to Theo Butt

The group chief executive officer (CEO) of specialist Lloyd's insurer Neon, Martin Reith, is stepping down from his executive roles on September 30. He will remain a member of the Neon Underwriting (NUL) board of directors.   16 September 2019

Insurance

JBA launches new 'probabilistic' global flood model to tackle coverage gaps

Flood risk modeller JBA Risk Management has launched an innovative probabilistic global flood model, which will allow re/insurers to model river and surface water flood at 30m resolution.   16 September 2019

Insurance

AIG appoints Arch insurance chairman as Lexington CEO

American International Group (AIG) has appointed David McElroy as CEO of its surplus lines insurer Lexington Insurance Company.   2 August 2018

Insurance

Aon appoints Australian MGA leader from Swiss Re

Broker Aon has appointed Adam Cox as the new director of One Underwriting to lead the company's Australian managing general agent (MGA) business.   20 March 2018

Insurance

Everest Insurance’s fine-tuning

After several years of rapid growth in terms of its headcount and product offering, Everest Insurance North America, the specialty insurance operation of the Everest Re Group, has entered a period of fine-tuning the business and executing as the rewards of the expansion start to filter through, Mike Mulray, chief underwriting officer of the business, told PCI Today.   30 October 2018

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