News

Insurance

Everest Insurance taps JLT Specialty's Kyle Adams to lead Bermuda operation

Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has hired Kyle Adams to lead its Bermuda insurance operations.   22 August 2019

Insurance

Liberty Mutual acquisitions 'a transformative step' for Hamilton as it plots growth path

Bermuda-based Hamilton Insurance Group has completed its acquisition of Pembroke Managing Agency and its platform at Lloyd’s, as well as Dublin-based carrier Ironshore Europe DAC (IEDAC), from Liberty Mutual Group.   22 August 2019

Insurance

AXA XL leads $37m financing for AI-driven auto insurtech Zendrive

US-based data and analytics firm Zendrive has raised $37 million in its Series B funding led by AXA XL's insurtech venture capital fund XL Innovate.   22 August 2019

Insurance

AIG hires The Hartford's Sabra Purtill for newly created deputy CFO role

American International Group (AIG) has appointed The Hartford's Sabra Purtill in a newly created role of deputy CFO, head of treasury, investor & rating agency relations, and corporate development.   22 August 2019

Insurance

Marsh appoints new leaders for US, Canada energy and power

Broker Marsh has unveiled new leadership in its US and Canada energy and power practice with the appointment of Amy Barnes and Brad Vescarelli.   22 August 2019

Insurance

Liberty Mutual names new excess casualty and public entity CUOs

Property/casualty insurer Liberty Mutual has appointed Jon Tellekamp as chief underwriting officer (CUO) for national insurance – excess casualty, and Doug Manwaring as CUO of national insurance – public entities and programmes.   22 August 2019

Insurance

AGCS reveals 7 trends driving big construction insurance claims

An analysis of more than 13,000 engineering insurance claims in the past five years has revealed seven trends that are driving some of the largest losses ever, according to global corporate insurance carrier Allianz Global Corporate & Specialty (AGCS).   22 August 2019

Insurance

SSL Endeavour appoints group non exec chair Palmer-Brown and CFO Crossland as it finalises ‘significant’ aviation M&A

Specialist independent Lloyd’s broker SSL Endeavour has unveiled two “important” senior executive hires for the group on the same day it confirmed it was finalising the acquisition of Worldlink Holdings, a North American aviation brokerage and MGA.   21 August 2019

Insurance

Devin Beresheim appointed executive vice president at Lockton Specialty Practices, replacing Brian Kawamoto

Lockton has appointed Devin Beresheim as executive vice president at its Lockton Specialty Practices, replacing Brian Kawamoto who retired last year.   20 August 2019

Insurance

MGA Avid sells majority stake to Beech Tree Private Equity to ‘fuel organic growth’

Specialist MGA Avid Insurance Services has sold a majority stake in the company to Beech Tree Private Equity (BTPE).   20 August 2019

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