Articles

Insurance

AXA-backed Israeli cyber risk insurtech Sayata Labs attracts $6.5m funding

Insurtech startup Sayata Labs, a provider of risk assessment solution for the cyber insurance industry, has raised $6.5 million in seed funding.   26 March 2019

Insurance

Hamilton Lloyd's CEO O'Donohoe to leave; new executives revealed

Bermuda-based Hamilton Insurance Group's Lloyd's unit CEO Dermot O’Donohoe is leaving the company following its definitive agreement with Liberty Mutual to acquire Pembroke Managing Agency and Ironshore Europe DAC.   26 March 2019

Insurance

Volante hires senior underwriting trio to spearhead Canadian expansion

UK-based managing general agent (MGA) platform Volante Global has hired three senior underwriters to spearhead its entry into the Canadian market.   25 March 2019

Insurance

AJG’s Alesco feared ‘planned attack’ of poaching by Ross’ Ardonagh

The departure of four people from an Arthur J Gallagher team to join the Ardonagh group was viewed as a “planned attack”, according to John Thompson, a managing partner at Alesco, as he gave evidence in the poaching case brought by AJG.   25 March 2019

Insurance

EU regulator approves Marsh-JLT merger; date set for final completion

The European Commission has approved Marsh & McLennan Companies' (MMC's) acquisition of re/insurance broker Jardine Lloyd Thompson Group (JLT), conditional on the divestment of JLT's global aerospace practice.   25 March 2019

Insurance

Willis Re hires Brit's former head of claims Steve Robson in London

Willis Re, the reinsurance division of broker Willis Towers Watson, has hired Steve Robson as head of London market reinsurance claims.   25 March 2019

Insurance

RenRe closes $1.5bn Tokio Millennium Re acquisition; AM Best removes reinsurer from 'under review'

Bermuda-based RenaissanceRe Holdings (RenRe) has completed the acquisition of Tokio Millennium Re (TMR) following the receipt of all necessary regulatory approvals.   25 March 2019

Insurance

Chubb appoints accident & health division head in Singapore

Insurer Chubb has appointed Serene Neo as division head of accident & health (A&H) for Singapore. She will report to Scott Simpson, Chubb's country president for Singapore.   25 March 2019

Insurance

Insurtech Concirrus signs up marine expert Dieter Berg as non-executive director

Insurtech Concirrus has signed up Dieter Berg, former president of the International Union of Marine Insurance, as a non-executive director.   22 March 2019

Insurance

Arch appoints John Pasquesi chairman, he succeeds Constantine Iordanou

Arch Capital Group has appointed John Pasquesi as chairman of the board, succeeding Constantine ‘Dinos’ Iordanou in September 2019.   22 March 2019

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