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Cyber insurance is a rapidly growing market for insurers as more corporates realise the very real risks they face. But there is also growing frustration that insurers are not structuring coverages in a helpful way, and the buying process remains unwieldy, as Intelligent Insurer discovers. 23 March 2018
Insurance
Broker Aon UK has appointed Nathan Shanaghy as chief operating officer (COO), replacing David Ledger, who will retire at the end of March after 21 years with the company. 23 March 2018
Insurance
The board of London & International Insurance Brokers’ Association (LIIBA) has appointed Roy White as its new chair after having served three years as vice chairman. 23 March 2018
Insurance
Austria-based Vienna Insurance Group (VIG) has grown premiums and profit in 2017 driven by its focus on Central and Eastern Europe (CEE), according to a company statement. 23 March 2018
Insurance
Rating agency AM Best has downgraded Canopius Reinsurance after it reviewed the firm following its acquisition by Centerbridge Partners. 23 March 2018
Insurance
A joint investigation by the California Department of Insurance and US Immigration and Customs Enforcement's Homeland Security Investigations has resulted in an alleged $1.9 million scam where the suspects submitted fraudulent life insurance applications to take advance commissions from insurance companies. 23 March 2018
Insurance
JLT Specialty USA, a US subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Ted Dobos as executive vice president, leader of JLT’s West Coast M&A practice. 23 March 2018
Insurance
Bermuda-based specialty re/insurer Argo has launched a new wage and hour (W&H) liability insurance cover underwritten by its professional lines team in Bermuda. 23 March 2018
Insurance
Private medical insurance provider SecurityTrust has secured seed funding from Mci Asset Management as well as underwriting capacity from Canopius and via the coverholder Compass Underwriting. 23 March 2018
Insurance
Global investment in insurance technology surged in 2017, with Europe emerging as a new insurtech hub outside the US, according to new research from advisory firm Accenture. 22 March 2018
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