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Property/casualty insurer WR Berkley Corporation has appointed Daniel Westcott as new president of its Berkley Re America unit. 9 July 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has named Steven Beadle as chief financial officer (CFO) and Chen Foley as head of Bermuda claims. 8 July 2019
Insurance
Re/insurance broker Aon has launched an IFRS 17 (International Financial Reporting Standard) solution on its capital modelling platform to help insurers fulfil their reporting obligations. 8 July 2019
Insurance
Insurance veteran Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group has signed a long-term strategic contract with WNS Holdings to build what it describes as a first-of-its-kind, integrated "Platform + BPM (business process management) as-a-service” proposition across industry horizontals, including support services relating to operations for insurance, reinsurance, claims, finance and human resource. 8 July 2019
Insurance
Korean Re’s reinsurance subsidiary in Switzerland, which opened on 1 June 2019, has achieved an ‘A’ rating from S&P Global Ratings. 5 July 2019
Insurance
Insurance and reinsurance marketplace Lloyd’s has mandated that from 1 January 2020 all insurers are required to provide clarity about cyber coverage by either excluding or providing affirmative coverage. 5 July 2019
Insurance
Insurtech Guardhog, a homesharing insurance specialist, has launched a new blockchain-powered deposit cover designed to address the particular needs of sharing economy. 5 July 2019
Insurance
Re/insurance broker Miller has hired two senior executives from Willis and Tindall Riley & Co. to bolster its UK professions team and expand its insurance offering to large professional practices. 5 July 2019
Insurance
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 European micro-mobility start-up Dott to provide insurance for its fleet of shared e-scooters across France and Belgium. 4 July 2019
Insurance
Global insurance premiums reached $5 trillion “for first time ever” in 2018, equivalent to more than 6 percent of the world’s gross domestic product (GDP), according to the latest Sigma study. 4 July 2019
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