News

Insurance

AI-powered insurtech FRISS enters UK to tackle insurance fraud

Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has opened its UK office led by Martyn Griffiths.   23 July 2019

Insurance

Ensurance launches terrorism and sabotage insurance early in US and Australia

Specialist managing general agent (MGA) and Lloyd’s coverholder Ensurance has extended its terrorism and sabotage insurance to the US and Australian markets ahead of schedule.   23 July 2019

Insurance

Aon promotes Vincent Barrett to regional head of captives EMEA

Aon has appointed Vincent Barrett as regional managing director EMEA for its captive & insurance management business, based in Dublin.   23 July 2019

Insurance

Global Risk Partners acquires specialist Lancashire-based intermediary 3XD

Broking firm Global Risk Partners (GRP) has acquired Lancashire-based insurance intermediary 3XD, which provides specialist insurance through a range of distribution channels including independent financial advisers.   23 July 2019

Insurance

Insurance investment manager Twelve Capital raises almost $400m for UCITS cat bond

Independent insurance investment manager Twelve Capital said it has raised close to $400 million in 18 months for its UCITS cat bond offering.   22 July 2019

Insurance

Generali unveils new head of engineering underwriting in GC&C Asia

Generali Global Corporate & Commercial (GC&C) has appointed Dawood Yeung as new head of engineering underwriting in Asia.   19 July 2019

Insurance

The long shadow of asbestos

New figures from the UK Health and Safety Executive point to a possible peak in the number of asbestos-related deaths from mesothelioma. Intelligent Insurer investigates.   19 July 2019

Insurance

Insurer FedNat reports gross cat losses of $17m in Q2 2019

US insurer FedNat Holding Company (FedNat) has reported gross catastrophe losses of $17 million, including $15.5 million from the company’s non-Florida property business in Q2 2019.   18 July 2019

Alternative Risk Transfer

Schroders acquires full ownership of ILS specialist Secquaero; boosts private assets business

Schroders has reinforced its private assets business by taking full control of Zurich-based insurance linked securities (ILS) investor Secquaero Advisors.   18 July 2019

Insurance

Specialty insurer ProSight Global files for $150m initial public offering

US-based specialty property/casualty insurer ProSight Global has launched its initial public offering (IPO) of approximately 8.8 million shares of common stock on the New York Stock Exchange.   17 July 2019

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