Articles

Insurance

Nexus snaps up Marc van der Veer from Ardonagh as CEO of European ventures

Specialty managing general agent (MGA) Nexus Group has hired Marc van der Veer as chief executive officer (CEO) of European Ventures.   21 June 2019

Insurance

Liberty Mutual Re appoints AXA's Jens Voges to new marine & energy underwriting role

Liberty Mutual Re, a part of Liberty Mutual Insurance Group, has appointed Jens Voges as senior underwriter and product leader of marine & energy within its London market risks (LMR) team.   20 June 2019

Insurance

Marsh appoints Hanuschak to lead MGU Victor North America as Schaper departs for AIG

Victor Insurance Holdings, the Marsh and McLennan Companies-owned managing general underwriter, has appointed Brian Hanuschak as new president of North America.   20 June 2019

Insurance

Axis publishes loss development triangle data for 2002 to 2018

AXIS Capital Holdings has published loss development triangle data for 2002 to year end 2018.   20 June 2019

Insurance

AIG unveils global reinsurance business AIG Re under Marsh's Christopher Schaper

American International Group has consolidated its assumed reinsurance operations, including Validus Re, AlphaCat and Talbot Treaty, to form one global business, called AIG Re.   20 June 2019

Insurance

CCRIF expands cover and introduces new risk model for tropical cyclones and earthquakes

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has expanded its cover and brought in a new risk model for tropical cyclones and earthquakes as member governments in the region renewed and extended their policies for 2019/20.   19 June 2019

Insurance

Pay-as-you go insurtech Zego raises $42 million to fund European expansion

London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has raised $42 million Series B funding from investment firm Target Global, with other backers including TransferWise founder Taavet Hinrikus.   19 June 2019

Insurance

Aon partners with insurtech Hi Marley for AI-powered platform

Re/insurance broker Aon has formed a strategic alliance with insurtech firm Hi Marley to improve insurers’ customer engagement through an artificial intelligence-enabled messaging solution.   19 June 2019

Insurance

Aspen hires Lloyd’s of London executive for global role

Bermuda-based Aspen Insurance Holdings has hired Lloyd’s executive Joshua Brekenfeld as director of global corporate development.   19 June 2019

Insurance

TRIA lapse in US could ‘end terrorism coverage’, warns APCIA’s Wienecke

The US government’s current Terrorism Risk Insurance Act (TRIA) must be reauthorised this year, even though the programme expires at the end of 2020, the American Property Casualty Insurance Association (APCIA) has warned.   19 June 2019

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