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Berkshire Hathaway Specialty Insurance (BHSI) has opened a new office in Perth to further expand its presence in Australia while appointing new property and casualty lines leaders. 26 March 2018
Insurance
The UK’s Solicitors Regulation Authority (SRA) is proposing to remove the current “one-size-fits-all” rules on professional indemnity insurance (PII), enabling firms “to take out cover that better reflects the work they do.” 26 March 2018
Alternative Risk Transfer
Artex, an alternative risk management subsidiary of Arthur J Gallagher, has hired Peter Mullen to re-join the company after seven years as CEO-elect. 26 March 2018
News
Insurers that place the potential of technology such as AI at the centre of their business will gain a significant competitive advantage, Abhishek Breja, the former head of performance transformation and AI at Assurant, tells Intelligent Insurer. 26 March 2018
Insurance
HDI Global, the industrial insurer of the Talanx group, wants to expand outside its home base Germany despite a significant drop in profits in 2017 due to natural catastrophes. 26 March 2018
Insurance
The US congress has passed a short-term extension to the National Flood Insurance Program (NFIP) until July 31. 26 March 2018
Alternative Risk Transfer
Bermuda-based mortgage insurance provider Essent Group has closed a $424.4 million reinsurance transaction and related mortgage insurance-linked notes offering. 26 March 2018
Insurance
Claude Lefebvre, chief underwriting officer, partnerships & casualty reinsurance at Hamilton Re and co-founder of the company is leaving the firm “to pursue other interests,” according to a company statement. 23 March 2018
Insurance
Liverpool Victoria (LV=) General Insurance (GI), the UK’s third largest car insurer has appointed Kieran O’Keeffe as chief risk officer with immediate effect. 23 March 2018
Insurance
Insly, a cloud-based insurance platform, has received an investment of €2.2 million led by Concentric and Black Pearls VC to expand the business. 23 March 2018
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