News
Insurance
Global insurance broker Gallagher has grown its presence in Central and Eastern Europe with the purchase of a minority stake in Czech-domiciled insurance broker Renomia a.s. (Renomia). 25 June 2019
Insurance
Broker Willis Towers Watson has launched a new solution for general industry mid-market clients as part of its differentiated broking solutions (DBS) business strategy. 25 June 2019
Insurance
German insurer Allianz has agreed to sell its 60 percent stake in joint venture Allianz Popular SL to Banco Santander for €936.5 million, and terminate its exclusive non-life insurance distribution agreement with the Spanish bank. 24 June 2019
Insurance
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has hired Robert Hands from CNA to lead its Australian business and further expand its efforts in the Asia Pacific market. 24 June 2019
Insurance
Tensorflight, an artificial intelligence insurtech start-up that uses machine learning and geospatial imagery to help P&C insurers better assess risks and understand portfolio exposures, has closed a $2 million financing round led by insurance industry investors HSCM Bermuda and Nephila. 24 June 2019
Insurance
Broking firm the County Group (County), part of Global Risk Partners (GRP), has acquired a UK insurance broker with more than 70 years of trading in the Stoke on Trent area “bringing significant scale” to County’s North West UK hub. 24 June 2019
Insurance
Everest Insurance, Lloyd’s third-party managing agency Asta, and London-based Medical Protection Society (MPS) have teamed up to establish a Lloyd’s special purpose arrangement (SPA) slated to start from July 1. 24 June 2019
Insurance
Specialty insurer Beazley has appointed Desiree Khoury as a specialty treaty underwriter within its product solutions team, which provides customised turnkey products to insurance company partners. 24 June 2019
Insurance
Re/insurance broker Aon has formed a strategic alliance with insurtech firm Hi Marley to improve insurers’ customer engagement through an artificial intelligence-enabled messaging solution. 19 June 2019
Insurance
Property/casualty insurer WR Berkley Corporation has appointed Daniel Spragg as president of Berkley Select, the company’s professional liability insurance unit. 19 June 2019
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