News

Insurance

RSA seeks new CFO; UK and International CEO Steve Lewis steps down

RSA Insurance Group has promoted its chief financial officer Scott Egan to become the new chief executive (CEO) of UK and International division, replacing Steve Lewis.   6 February 2019

Insurance

US insurtech Indio secures $20m funding for business insurance platform

Indio Technologies, an insurtech company that streamlines the business insurance application process, has secured $20 million in Series B funding led by Menlo Ventures, with participation from 8VC.   3 May 2019

Insurance

McLarens picks Cunningham Lindsey's Pigot as global head of specialty, London markets director

Global loss adjuster McLarens has hired David Pigot for the newly created role of director of London markets & global head of specialty.   3 May 2019

Insurance

AXA acquires Islamic reinsurer Emirates Re

AXA Group's specialist run-off acquirer and manager has acquired a majority stake in Emirates Re.   17 July 2018

Insurance

Voce drops Argo board proposals after regulatory ‘flip-flop’

Activist investor Voce Capital Management has withdrawn its controversial board nominations ahead of insurer Argo’s annual general meeting after official state approval was revoked.   22 May 2019

Insurance

Marsh names new CEO of Jelf as Barton leaves to 'pursue other opportunities'

Broker Marsh has appointed Anthony Gruppo as new chief executive officer (CEO) of Jelf and leader of its wider UK & Ireland commercial and consumer client segment.   29 March 2019

Insurance

The Hartford unveils new global insurer network

US-based property/casualty insurer The Hartford has launched a new directly-managed network of insurance partners, backed by a global technology platform, to enhance its multinational capabilities.   29 March 2019

Insurance

Markel moves insurance business from London to Munich ahead of Brexit

Specialist insurer Markel International has moved its European insurance business from London-based company, Markel International Insurance Company, to its Munich-based company, Markel Insurance SE (MISE) ahead of UK plans to leave the European Union.   29 March 2019

Alternative Risk Transfer

Iran looks into ILS as reinsurance replacement

Iran is working on the development of a range of new financial products, including insurance-linked securities (ILS) as reinsurance cover has become scarce in the country due to the reintroduction of sanctions, according to an Oct. 2 Reuters report.   4 October 2018

Insurance

Ed creates Bermuda unit for international expansion

Reinsurance, wholesale and specialty broker Ed is setting up a new broking platform in Bermuda which it describes as an "important (re)insurance hub" to further expand its international footprint.   10 December 2018

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