Industrial lines insurer HDI Global has appointed Michael Rüsch as the new authorised representative and head of its branch for Switzerland.
Mergers and acquisitions in the insurance market have cut client choice to such an extent that industry veteran and former Aon group president Steve McGill spotted an opportunity for a new kind of venture.
Germany-based insurtech company GMBC has launched a new master managing general agent (MGA) platform for the European insurance market.
Specialist re/insurance broker BMS Group has appointed Pete Chandler as president of its US reinsurance operations. Chandler is the latest in a series of recent high-profile hires from JLT.
Specialty re/insurer Canopius has signed an agreement with Korea's Samsung Fire & Marine Insurance (SFMI) that will see SFMI become a significant minority investor in the company.
German re/insurer Talanx, the parent company of Hannover Re and HDI, has acquired property/casualty insurer ERGO Sigorta AS from a Munich Re subsidiary to further expand its activities in Turkey.
Re/insurer Argo Group has fought back against “Voce Capital’s continued falsehoods” by reiterating its “strong track record” and work to drive growth and value for shareholders, as the war of words with the activist investor shows no signs of abating.
Indio Technologies, an insurtech company that streamlines the business insurance application process, has secured $20 million in Series B funding led by Menlo Ventures, with participation from 8VC.
Global loss adjuster McLarens has hired David Pigot for the newly created role of director of London markets & global head of specialty.
Specialist insurer Markel Corporation has appointed AIG's Guenter Kryszon to the position of executive underwriting officer for global property.