News

Insurance

AXA experiments with blockchain payment protection in Sweden

AXA Partners has started a blockchain payment protection experiment to support people who are involuntary unemployed in Sweden.   19 March 2019

Insurance

Allstate, State Farm, USAA sue PG&E over California wildfire

US insurers Allstate, State Farm and USAA have launched lawsuits that could be worth billions against Pacific Gas & Electric (PG&E) alleging it is liable for the Camp Fire, California’s most destructive and costly wildfire to date.   7 January 2019

Insurance

XL Catlin unveils promotions in global environmental team

XL Catlin’s insurance operation has made number of promotions across Europe in its international environmental team.   15 March 2018

Insurance

BMS Innovation Labs launched as broker targets innovation

Broker BMS Group has unveiled a new platform and strategy designed to help its clients innovate.   15 March 2018

Insurance

Continued pressure on rates a top concern for delegates at SIRC 2019, Intelligent Insurer survey finds

Continued pressure on rates despite recent losses is the biggest concern for delegates at SIRC this year, according to a survey carried out by Intelligent Insurer. Some 41 percent of respondents highlighted this as a key challenge.   30 October 2019

Insurance

Sedgwick names Wayne Cheng as chief operations officer for Asia

Technology-driven risk solutions provider Sedgwick has named Wayne Cheng its new chief operations officer (COO) for Asia.   17 June 2019

Awards

Big can be beautiful, say survey respondents

While innovation and the ability to be responsive to clients’ needs are often highly valued qualities within a rapidly changing reinsurance industry, sheer size and financial strength are also qualities still considered critical by many buyers.   19 June 2013

Insurance

Lockton snags Willis Towers Watson cyber chief Anthony Dagostino to expand practice

Re/insurance broker Lockton has hired Willis Towers Watson cyber expert Anthony Dagostino to further expand its cyber and technology practice, and develop analytics-driven tailored solutions for clients that target their real, underlying cyber risk.   19 July 2019

Insurance

Holborn swoops for Gen Re veteran as chief production officer

US-based reinsurance broker Holborn Corporation has hired a Gen Re executive with more than 30 years of industry expertise to enhance its existing client relationships across its three offices in New York City, Minneapolis and Kansas City.   14 February 2019

Insurance

Waiting for a $250bn industry loss

A $250 billion industry loss may be needed to turn the market after a combination of hurricanes, earthquakes and wildfires costing the insurance industry over $140 billion in 2017 resulted in only moderate rate increases, according to broker JLT.   3 September 2018

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