Articles

Insurance

KBW predicts Tropical Storm Dorian ‘likely to impact reinsurers more than primary Florida insurers’

Tropical Storm Dorian is expected to strengthen into a hurricane and predictions suggest it could make landfall on the Florida coastline on Monday September 2 early in the morning, US east coast time.   28 August 2019

Insurance

Hyperion's Dual appoints new UK & Europe COO from Hiscox

Dual, the specialist underwriting arm of Hyperion Insurance Group, has appointed Rebecca Ince as chief operating officer (COO) of UK & Europe.   28 August 2019

Insurance

Insurtech Kin raises $47m to launch Florida carrier with Hudson Structured backing

Chicago-based insurtech start-up Kin has raised $47 million funding from new investors including Hudson Structured Capital Management (HSCM Bermuda), August Capital, Avanta, and UChicago Startup Investment Program.   28 August 2019

Insurance

Commercial P&C shows ‘signs of continued market firming’ in Q2 2019 with 7th quarter of price rises, finds CIAB

The Council of Insurance Agents & Brokers (CIAB) has reported signs of continued market firming in Q2 2019 as premium pricing for commercial property and casualty (P&C) showed “moderate increases” in the second quarter of the year.   28 August 2019

Insurance

Liberty promotes Nicholas Garside to head of Bermuda property

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Nicholas Garside to the role of head of Bermuda property.   28 August 2019

Insurance

Munich Re's ERGO partners with AI-powered insurtech FRISS to improve claims process

Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has partnered with Munich Re company ERGO Germany.   28 August 2019

Insurance

Pay-as-you go insurtech Zego partners with mobility start-up Drover

London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has partnered with mobility start-up Drover.   28 August 2019

Insurance

Delta Insurance appoints former Lloyd's Asia CEO Kent Chaplin to board

Specialist insurance provider and Lloyd’s of London coverholder Delta Insurance Group has appointed Kent Chaplin to its advisory board.   28 August 2019

Insurance

AM Best: 2017/18 cat losses cause downgrades to outpace upgrades in H1 2019

Rating downgrades during the first half of 2019 outpaced rating upgrades for the first time in five years, according to a new AM Best report.   27 August 2019

Insurance

Insurer Skuld partners with insurtech Concirrus to develop behaviour-based analytics Quest Marine

Marine insurer Skuld has teamed up with insurtech Concirrus to roll out a bespoke version of the tech firm’s behaviour-based data analytics platform Quest Marine.   27 August 2019

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