News

Insurance

Autonomous cars could prompt 60% drop in insurance premium revenue: Kennedys report

Motor premium revenue could fall as much as 60 percent if drivers switched to autonomous cars, which are designed to cut the number of accidents.   4 September 2019

Insurance

Catalina takes over $190m US loss portfolio

Bermuda-based run-off firm Catalina Holdings said on Oct. 31 that its wholly owned subsidiary Alea North America Insurance agreed to take over a portfolio of legacy US insurance liabilities in run-off from Samsung Fire and Marine Insurance US branch.   31 October 2017

Insurance

MS Amlin reinsurance head James Few switches to TigerRisk, CEO Chris Beazley assumes duties

Re/insurer MS Amlin's head of reinsurance business, James Few, has stepped down with immediate effect to join TigerRisk Partners as CEO of its London office.   4 September 2019

Insurance

US insurance broker Prime Risk Partners joins EPIC Insurance Brokers & Consultants

US retail insurance broker EPIC Insurance Brokers & Consultants has acquired retail insurance broker Prime Risk Partners. The acquisition adds approximately 600 people in 20 locations and over $115 million in revenue.   17 October 2019

Insurance

Swiss Re and Pioneer to launch innovative telematics solution for insurers

Swiss Re and global car electronics company Pioneer have co-developed an innovative telematics solution that provides insurers with better and more personalised risk assessment, while supporting safer driving behaviour.   17 October 2019

Insurance

Sedgwick extends Asia footprint with company integration and strategic growth plans

Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, has outlined the next steps in its strategic plan to become the fastest growing claims solutions provider in Asia.   17 October 2019

Insurance

Convex selects Clearwater to automate investment operations, support 'robust' growth plans

Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group has partnered with Clearwater as a provider of cloud-based solution and services for investment accounting, reporting and other data services.   3 September 2019

Insurance

Artex promotes Thompsett to COO and Marshall to CFO

Risk management provider Artex has promoted Stephen Thompsett to chief operating officer (COO) and Brandon Marshall to chief financial officer (CFO).   18 July 2019

Insurance

AXA UK strengthens Delegated Authorities team with two key appointments

New arrivals join from Hiscox and Ageas.   26 November 2019

Insurance

The Hartford Expands internet of things capabilities

Aim is to improve workplace safety and help prevent or reduce property damage.   26 November 2019

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