Nationwide names Walker as next CEO succeeding Rasmussen
US-based insurance and financial services provider Nationwide has named Kirt Walker as chief executive officer-elect, succeeding CEO Steve Rasmussen who is set to retire in the fall.
Aspen Re taps North American property catastrophe leader from Tokio Millennium Re
Bermuda-based Aspen Insurance Holdings has appointed Meredith Head as head of North American property catastrophe at its reinsurance segment Aspen Re. He will be based in Bermuda and join in September 2019.
Eurobase appoints new group insurance director from Aviva
Re/insurance software provider Eurobase has appointed Mark Broadhurst as group director insurance and member of the board.
Aviva expects 1,800 job cuts to save £300m annually as new CEO vows to crack complexity
UK insurer Aviva is expecting approximately 1,800 role reductions across the group over the next three years as part of its efforts to reduce expenses by £300 million per annum by 2022, according to its new CEO Maurice Tulloch.
AIG appoints Driscoll and Baugh to new global underwriting leadership roles
American International Group (AIG) has appointed Kean Driscoll as global chief underwriting officer for property and agriculture, general insurance, and Alexander Baugh to the new role of global chief underwriting officer for casualty and financial lines, general insurance.
AI-driven insurtech Getsafe draws $17m funding for international expansion
Germany-based insurtech start-up Getsafe has raised $17 million (€15 million) Series A funding for its artificial intelligence (AI) powered insurance business.
BMS gets long-term capital infusion from BCI and PCP at £500m valuation
Specialist re/insurance broker BMS Group has secured a significant long-term investment from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP).
Aon picks insurtech CyberCube to improve cyber risk modelling capabilities
Re/insurance broker Aon has partnered with cyber risk analytics provider CyberCube to help improve its cyber aggregation risk modelling capabilities.
MGAA and CII partner to launch MGA training platform
The Managing General Agents’ Association (MGAA) has launched an online training platform, called MGA Assess, developed in partnership with the Chartered Insurance Institute (CII).
Aviva CFO Tom Stoddard steps down
UK insurer Aviva has parted ways with its chief financial officer (CFO) and director Tom Stoddard who has decided to step down from June-end to "clear the way for others to step up" as he considers new opportunities.
