News

Insurance

RFIB gains Hong Kong licence, names new CEO

Re/insurance broker RFIB Group has been approved to transact general insurance business in Hong Kong.   20 September 2019

Insurance

Finance firms 'quieter on Brexit' suggests planning mostly done: EY

As the number of financial services jobs and assets being relocated from the UK eases off, EY has suggested that this shows the sector is ready for Brexit.   19 September 2019

Insurance

Ascent hires MS Amlin's Paul Western as CUO post Cove merger

London-based cyber and specialty lines managing general agent Ascent Underwriting and Cove Programs, a US construction-focused MGA, has appointed Paul Western as group chief underwriting officer (CUO).   19 September 2019

Insurance

Firms ‘struggle’ to build strong cybersecurity culture’ as leaders spend less than a day a year on cyber risk, finds Marsh

A majority of board members and senior executives with responsibility for their organisation’s cyber risk management spent “less than a day in the last year” focusing on cyber risk issues, according to a survey from insurance broker Marsh and tech company Microsoft.   18 September 2019

Insurance

Gallagher hires Steve Wilkinson to lead claims at aerospace practice

Gallagher has hired prominent aviation market veteran Steve Wilkinson as head of claims at its global aerospace practice.   18 September 2019

Insurance

Ed bolsters risk solutions with senior hire from Faraday

London-based reinsurance, wholesale and specialty broker Ed has appointed Simon Stovell as divisional director for its risk solutions team.   17 September 2019

Insurance

Cyber risk modelling start-up Kovrr raises $5.5m; sets out to tackle silent cyber with new approach

Israel-headquartered cyber risk modelling firm Kovrr has raised $5.5 million in its latest funding round led by venture capital firms StageOne Ventures and Mundi Ventures, with participation of Banco Sabadell and other private investors.   17 September 2019

Insurance

Environmental risks are biggest ESG factors for insurers and reinsurers, especially in Asia-Pacific, Fitch heat map reveals

Environmental risks are the biggest ESG factor for insurers and reinsurers, and Asia-Pacific is the region of most concern.   17 September 2019

Insurance

Marsh swoops on AIG, Aon talent to boost UK financial lines unit FINPRO

Broker Marsh has made two senior hires from AIG and Aon to strengthen its UK financial & professional (FINPRO) practice within Marsh JLT Specialty.   17 September 2019

Insurance

AXIS appoints Michael Baumel to head claims succeeding David Hayward

AXIS Insurance, a business segment of Bermuda-based AXIS Capital Holdings, has appointed Michael Baumel as new chief claims officer, succeeding David Hayward who is retiring in March 2020.   17 September 2019

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