Wefox taps tech heavyweight from Google, Amazon as new CTO
Wefox to launch a platform that will connect the entire insurance ecosystem.
Everest elevates ex-AIG veteran to US property leadership role
He was recently Everest Insurance’s chief underwriting officer for US property.
Liberty Mutual Re attracts Swiss Re senior treaty underwriter in US
The executive to manage a complex portfolio of assumed casualty treaty reinsurance.
UK P&I Club elects new chair and syndicate manager EMEA
The Club has also announced an inflationary increase in deductibles.
PPL confirms old platform to shut down on December 15
Next Gen will become the only PPL platform available to quote, bind and endorse risks.
UK warns on funded reinsurance for counterparty and correlations risks
The PRA would place limits & extend investment-side rules to funded reinsurance deals.
Gallagher acquires US full-service insurance broker
The acquired firm specialises in medical malpractice and professional liability.
American Club targets 7.5% P&I premium hike pre-reinsurance for 2024
While prior rate hikes cut combined ratio to 95% in 2023, inflation & claims still press.
US may craft public cyber cat backstop, but wary on moral hazard
Feds would tuck plan aside existing cyber cat insurance, reject all attritional losses.
Allianz Trade appoints new commercial director for UK & Ireland
Appointee replaces Steve Stennett, who is leaving Allianz Trade.
