News

Insurance

Beale to step down from Lloyd’s at year end

Inga Beale, the chief executive of Lloyd’s, will step down at the end of the year after four years in the role, according to market sources.   29 June 2018

Insurance

NFP expands benefits footprint with acquisition in southeast US

Insurance broker NFP has acquired US-based McLaughlin & Smoak (M&S) employee benefits broker to expand its benefits footprint in the Southeast region.   22 February 2017

Insurance

ANV appoints ex-Starr, Chubb exec as underwriting director

ANV Global Services, the managing general underwriter (MGU) owned by insurance group AmTrust Financial Services, has appointed James Pittinger to the role of underwriting director with immediate effect.   22 February 2017

Insurance

Australia's PSC Insurance to acquire Lloyd's broker Paragon for an estimated £42m

Australian broker PSC Insurance Group is acquiring 100 percent of the share capital of Lloyd’s and London Market broker Paragon International Holdings for a base consideration of £42 million (approximately A$75 million).   25 July 2019

Insurance

QBE sells Farmers Union business to National General

Specialist insurer QBE North America is selling its Farmers Union Insurance business to National General Holdings as part of its strategy to reinforce focus on its core offerings and improve future earnings profile.   14 November 2018

Insurance

Antares partners with insurtech Concirrus to increase profitability at Lloyd's

Antares, a Lloyd’s managing agent and member of the QIC Group, has partnered with London-based insurtech Concirrus to drive data-driven underwriting at Lloyd’s.   14 November 2018

Insurance

Everest hires from OneBeacon, Starr for private/not-for-profit group

Everest Insurance has hired OneBeacon and Starr executives for its Everest Specialty Underwriters Private Company/Not-for-Profit group.   14 November 2018

Insurance

Insurtech Covr secures $10m funding from Allianz, other investors

Covr Financial Technologies, a Boise, Idaho-based digital life insurance platform, has raised $10 million in Series A funding from technology venture firms including Allianz Life Ventures.   28 September 2018

Insurance

US insurtech Broker Buddha launches new quoting platform for commercial insurers

Insurtech startup Broker Buddha has launched a new quoting platform for carriers, wholesalers and managing general agents (MGAs), in partnership with Dallas-based commercial insurance wholesaler Towerstone.   28 September 2018

Insurance

Marsh & McLennan acquires US brokerage firm Highsmith

Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, has acquired Highsmith Insurance, a Raleigh, North Carolina-based independent insurance brokerage firm.   9 February 2018

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