News

Insurance

Finding the new answers for today’s insurers

New datasets allow us to more directly measure exposure—so why aren’t we making more of them? It would make sense to think for example that the size of foot traffic in a location would correlate to the venue’s risk exposure, yet surprisingly, this isn’t the case. Instead, we rely on the amount of money that passes via the cashier. Insurers can make much more of new datasets to transform their general liability underwriting, improve loss projections and price accurately, transforming the profitability of their portfolio.   17 May 2021

Insurance

Nexus snaps up Marc van der Veer from Ardonagh as CEO of European ventures

Specialty managing general agent (MGA) Nexus Group has hired Marc van der Veer as chief executive officer (CEO) of European Ventures.   21 June 2019

Insurance

Volante and Marsh develop new solution for ‘uninsurable’ shareholder activist risk

It is designed to protect listed companies against growing shareholder activist threat.   28 February 2022

Insurance

AXA XL’s new tool to help mitigate environmental risks in Europe and UK

It combines machine learning and artificial intelligence applications to give actionable risk insights.   27 January 2022

Insurance

Rokstone takes flight in aviation with AIG veteran, Allianz backing

The MGA to build a North America facility in collaboration with Allianz Commercial.   9 October 2023

Insurance

GE seeking to shed troubled insurance business: Reuters

General Electric (GE) is working with investment bankers to find ways to shed its insurance business, Reuters reported on May 22 citing “people familiar with the matter”.   24 May 2018

Insurance

Globe Underwriting appoints North American property head from WSG Specialty

Globe Underwriting, a UK based managing general agent (MGA), has hired Jennifer Mackay as head of North America property division.   16 May 2019

Insurance

IGI taps Novae underwriter for energy expansion

Specialist commercial re/insurer International General Insurance Holdings (IGI) has strengthened its energy offering with the appointment of James Green as senior underwriter for downstream energy.   9 August 2018

Insurance

MGAs in the hard market: a contradictory landscape

Have MGAs been able to make the most of extraordinary circumstances which led to the hard market in 2020? As the market continues to harden in 2021, what challenges and opportunities lie ahead for the MGA landscape? Intelligent Insurer reports on a Re/insurance Lounge panel discussion.   5 February 2021

Reinsurance

Berkshire Hathaway hit by reserving, cat losses in Q3; Geico a bright spark

Guard Insurance reserving and remediation sink primary, cats and legal claim hits reinsurance.   4 November 2024

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