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Citing Charles Darwin, SCOR CEO Denis Kessler believes that only the companies most responsive to change will survive in an increasingly complex and dynamic operating environment for reinsurers. 14 November 2018
Insurance
Antares, a Lloyd’s managing agent and member of the QIC Group, has partnered with London-based insurtech Concirrus to drive data-driven underwriting at Lloyd’s. 14 November 2018
Insurance
Everest Insurance has hired OneBeacon and Starr executives for its Everest Specialty Underwriters Private Company/Not-for-Profit group. 14 November 2018
Insurance
A trend toward bespoke insurance products driven by available technology and data is one of the reasons why Lloyd’s broker AFL Insurance Brokers decided to acquire US-based Zodiac Insurance Services, AFL CEO Bob Finch, told Intelligent Insurer. 13 November 2018
Insurance
Marsh is combining the specialty teams of Marsh and Jardine Lloyd Thompson Group to create the Marsh-JLT Specialty unit, effective upon closing of the transaction between Marsh’s parent company, Marsh & McLennan Companies (MMC) and JLT. 13 November 2018
Insurance
New York-headquartered Transatlantic Holdings (TransRe) has invested in New Paradigm Group, a developer of parametric insurance and risk transfer solutions. 13 November 2018
Insurance
London-based Iotatech, a developer of insurance software as a service platform, has secured its target of £1 million of second round funding following a private placement. 13 November 2018
Insurance
New York-headquartered Assurant is adding three members to its management committee to “accelerate decision-making across all of the company’s most critical businesses and to support its global growth strategy,” according to a corporate statement. 13 November 2018
Insurance
Lloyd’s of London has opened its insurance subsidiary in Brussels which is set to allow the market to continue operating and serving its clients in the EU after Brexit. 13 November 2018
Insurance
Primary insurers rather than reinsurers will bear the majority of losses produced by the wildfires that are currently scorching parts of California, according to KBW analyst Meyer Shields. 12 November 2018
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