Articles

Insurance

GCube launches post-Brexit European hub in Amsterdam; makes senior hires from NN Group

Specialist renewable energy insurer GCube Underwriting has bolstered its European presence with the expansion into new offices in the Netherlands and the appointment of two senior hires from NN Group.   24 September 2019

Insurance

Davies Group acquires FWD Training and Consultancy in UK

Insurance service provider Davies Group has made a new strategic acquisition amid rebrand and simplification of its wider consulting operations.   24 September 2019

Insurance

Mutual insurers in good shape with higher capital adequacy ratios: Aon and Namic

Mutual insurance companies in the US are in strong financial shape and less leveraged than those quoted on the stock exchange.   24 September 2019

Insurance

Lloyd’s survey reveals 500 workers witnessed sexual harassment in past year

Lloyd’s of London has pledged to change its ways dramatically after a survey found that nearly 500 workers had witnessed sexual harassment in the space of a year.   24 September 2019

Insurance

Commercial insurtech Bold Penguin raises $32m Series B led by HSCM, Lockton

US-based commercial insurance technology company Bold Penguin has secured $32 million Series B funding led by Hudson Structured Capital Management (HSCM), Lightstone, Guggenheim Insurance, Lockton, existing investors and individuals from Stone Point Capital.   24 September 2019

Insurance

Hannover Re US partners with fitness app Sweatcoin to research how physical activity mitigates mortality risks

A joint research project to study how daily physical activity can reduce the risk of disease and extend life expectancy has been launched by Hannover Life Reassurance (Hannover Re US), part of the Hannover Re Group, and Sweatcoin a digital health app.   24 September 2019

Insurance

AmTrust launches new excess casualty operation led by Everest Re's Jeff Lynn

AmTrust E&S Insurance Services, a wholly-owned subsidiary of AmTrust Financial Services, has launched a new excess casualty underwriting division based in Los Angeles. It will be led by Jeff Lynn, who joins from Everest Re.   24 September 2019

Insurance

Former JLT Specialty USA chief Rice to lead newly-launched Cobbs Allen unit CAC Specialty

Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has hired JLT's Michael Rice II as its chief executive officer (CEO).   24 September 2019

Insurance

Travelers gains approval to transfer European business to Dublin in Brexit move

Property/casualty insurer Travelers Companies, which has operated in Europe for decades in the general insurance market and through Lloyd’s, is moving its European business to Dublin, Ireland in response to Brexit.   23 September 2019

Insurance

Inshur offers flexible insurance on commercial vehicles through its app

Inshur is offering flexible insurance for commercial car drivers through its app, claiming it is the first company so to do.   23 September 2019

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