Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has appointed Dane Lopes to the expanded position of chief commercial officer.
Global loss adjuster McLarens has appointed Graham Smart to the newly created global role of chief commercial officer, as it looks to ramp up its strategic growth plans and expand its service offerings.
The global mergers and acquisitions (M&A) market as a whole "underperformed" for the sixth consecutive quarter in the first quarter of 2019, according to Willis Towers Watson's latest report.
Specialist and corporate insurer Tokio Marine Kiln (TMK) has appointed Will Curran as the new head of reinsurance.
The blockchain insurance industry initiative B3i has secured investment from three new re/insurers, alongside existing shareholders, in its latest funding round.
Reinsurers have adopted a rational rating approach for 1 April renewals with price increases of up to 25 percent concentrated on loss-affected contracts and programmes, Willis Re has said.
Insurtech-focused venture capital firm IA Capital Group has raised $150 million across its three funds focusing on property/casualty, life/annuity/retirement, and later-stage fintech opportunities.
CLS Risk Solutions (CLS), a provider of property and renewables development risk cover, has launched permit challenge insurance for renewable energy infrastructure.
Re/insurer AXA XL has promoted Jennifer Minors to senior vice president, product line leader in its Bermuda professional lines insurance business.
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of broker Marsh, has entered a new market with the acquisition of Arizona-based Lovitt & Touché, one of the state’s largest independent insurance agencies.