News

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

Gallagher snaps up US commercial broker and MGA Jack Nebel

Broker Arthur J Gallagher has acquired North Barrington, Illinois-based The Jack Nebel Companies, a wholesale commercial insurance broker and managing general agency (MGA).   17 July 2018

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

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

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

Insurance

Argo fights back against Voce ‘falsehoods’ with detailed SEC filing

Re/insurer Argo Group has fought back against “Voce Capital’s continued falsehoods” by reiterating its “strong track record” and work to drive growth and value for shareholders, as the war of words with the activist investor shows no signs of abating.   3 May 2019

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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