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Marine insurance market 'chaotic' as future remains uncertain, says IUMI

Global17-09-2019Insurance news, Reinsurance News

The ongoing global uncertainties, including the current trade tensions, will continue to impact all marine lines of business, specifically cargo and offshore energy, predicts the International Union of Marine Insurance (IUMI), which represents 43 marine market insurance and reinsurance associations globally.

Technology, Brexit and regulation top recurring concerns for insurance, finds law firm Beachcroft

UK17-09-2019Insurance news, Reinsurance News

Brexit, technology and regulation lead the key concerns of insurers in the latter half of 2019, according to a report by law firm DAC Beachcroft.

QBE combines cyber insurance with risk prevention and post-breach services

North America17-09-2019Insurance news, Reinsurance News, Technology News

Specialist insurer QBE North America, a part of the QBE Insurance Group, has enhanced its cyber insurance solution to include cyberattack prevention services as well as post-breach response assistance.

US insurtech Broker Buddha secures $4.5m funding for expansion

North America17-09-2019Insurance news, Reinsurance News, Technology News

Insurtech platform Broker Buddha that simplifies the commercial insurance application and renewal process has raised $4.5 million in a funding round led by Vertex Ventures.

Ed bolsters risk solutions with senior hire from Faraday

London, UK17-09-2019Insurance news, Reinsurance News

London-based reinsurance, wholesale and specialty broker Ed has appointed Simon Stovell as divisional director for its risk solutions team.

Cyber risk modelling start-up Kovrr raises $5.5m; sets out to tackle silent cyber with new approach

Israel17-09-2019Insurance news, Reinsurance News, Technology News

Israel-headquartered cyber risk modelling firm Kovrr has raised $5.5 million in its latest funding round led by venture capital firms StageOne Ventures and Mundi Ventures, with participation of Banco Sabadell and other private investors.

Environmental risks are biggest ESG factors for insurers and reinsurers, especially in Asia-Pacific, Fitch heat map reveals

UK17-09-2019Insurance news, Reinsurance News

Environmental risks are the biggest ESG factor for insurers and reinsurers, and Asia-Pacific is the region of most concern.

Marsh swoops on AIG, Aon talent to boost UK financial lines unit FINPRO

UK17-09-2019Insurance news, Reinsurance News

Broker Marsh has made two senior hires from AIG and Aon to strengthen its UK financial & professional (FINPRO) practice within Marsh JLT Specialty.

AXIS appoints Michael Baumel to head claims succeeding David Hayward

North America17-09-2019Insurance news, Reinsurance News

AXIS Insurance, a business segment of Bermuda-based AXIS Capital Holdings, has appointed Michael Baumel as new chief claims officer, succeeding David Hayward who is retiring in March 2020.

Telematics specialist Trak Global seeks rapid growth in North America; appoints CEO

North America17-09-2019Insurance news, Reinsurance News

UK telematics firm Trak Global Group (TGG) has appointed Nino Tarantino as chief executive officer (CEO) for its insurance solutions North American business IMS, responsible for driving growth across the continent.

Showing 1 to 10 of 8782 results

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