Articles

Insurance

SCOR partners with SME insurtech startup Hokodo

Insurtech start-up Hokodo has partnered with SCOR Global P&C’s Channel Syndicate to provide an invoice protection product to small and medium sized businesses using its innovative distribution technology.   21 September 2018

Insurance

Fidelis adds energy market capacity with new MGA Kersey

Bermuda-based Fidelis Insurance has acquired an equity stake in a new managing general agent (MGA) Kersey Specialty that will focus on upstream energy subscription market insurance.   21 September 2018

Insurance

Pioneer expands political violence team with Advent hire

Pioneer Underwriters has bolstered its political violence team with the appointment of a new underwriter from Advent Underwriting.   21 September 2018

Insurance

Lemonade CEO suggests insurer has ‘turned a corner’ in underwriting

Lemonade CEO and co-founder Daniel Schreiber believes that the insurer has “turned a corner” as the loss ratio is improving.   20 September 2018

Insurance

SCOR’s Kessler demands Covéa CEO departure from board

SCOR CEO Denis Kessler has sent a letter on Sept. 6 to Covéa chairman and CEO Thierry Derez, asking him to resign from his position as a SCOR board member because of a conflict of interest.   20 September 2018

Insurance

StarStone CEO resigns after parent company drops sale plan

StarStone CEO Demian Smith has stepped down from his position directly after StarStone’s parent company, Bermuda-based run-off specialist Enstar, revealed that it is no longer selling the specialty carrier.   20 September 2018

Insurance

Investor pressures SCOR on Covéa takeover

An activist investment fund is putting pressure on French reinsurer SCOR’s management after it rejected a friendly €8.2 billion takeover offer by French cooperative insurer Covéa in late August 2018, according to a Reuters report.   20 September 2018

Insurance

Insurtech transactions reach new peak but volumes fall

A total of 71 Insurtech funding transactions during the second quarter of 2018 marks a record high, according to the new Quarterly InsurTech Briefing from Willis Towers Watson (WTW).   20 September 2018

Insurance

Primary insurers to bear most of hurricane Florence’s losses

Primary insurers (including auto insurers) are expected to bear most of the losses from hurricane Florence, according to Keefe, Bruyette & Woods (KBW) analysts.   20 September 2018

Insurance

RSA's Turner succeeds Berg as IUMI president

Richard Turner, European director of Global Risk Solutions at RSA Insurance Group, has been elected president of the International Union of Marine Insurance (IUMI).   20 September 2018

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