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.
Stephen Catlin joins technology-focused investment firm Motive Partners
Industry veteran Stephen Catlin has joined Motive Partners, an investment firm focused on technology companies in the financial services industry, as a member of its global advisory council.
UK's PIB Group acquires Cobra group of companies
UK-based insurance intermediary PIB Group has acquired the Cobra group of companies, taking the amount of premium placed or influenced by PIB from £550 million to £900 million.
