News
Insurance
Louisiana-headquartered Fidelis Group Holdings (FGH) has hired Mark Taylor as senior manager of its claims division. 16 July 2019
Insurance
Apollo Syndicate Management, an independent specialist re/insurer at Lloyd’s, has appointed Nick Burkinshaw to the newly-created board level position of chief underwriting officer (CUO). 16 July 2019
Insurance
UK insurers will be “hugely disappointed” as the injury damages rate, the Ogden discount rate, was set at minus 0.25 percent today to come into force on August 5, 2019. 15 July 2019
Insurance
Zurich Insurance Group has appointed Alison Martin to the role of chief executive officer (CEO) Europe, Middle East & Africa (EMEA) and bank distribution with immediate effect. 10 July 2019
Insurance
Specialist insurer Markel has appointed Christian Stobbs as new managing director and Colin Fordham as director for its Asia operations. 9 July 2019
Insurance
Ridgecrest, in Kern County, California, has been hit by a 6.4 magnitude earthquake, prompting the California Earthquake Authority (CEA) to state that around 2,000 policyholders in the affected area who have seen damage to their property as a result “would be considered well within CEA’s claim-paying capacity for covered claims”. 5 July 2019
Insurance
A parametric fisheries insurance policy for Carribean governments, described as “pioneering” by the issuing body, has been taken up by the authorities of Grenada and Saint Lucia. 5 July 2019
Insurance
Lloyd’s of London has launched a new software tool, developed in partnership with the Lloyd’s Market Association and four Lloyd’s managing agents, including Brit, Liberty Specialty Markets and Sirius International, to improve the quality of insurance contract review across the world. 5 July 2019
Insurance
Tokio Marine Management (Australasia) (TMMA), a wholly-owned subsidiary of Tokio Marine & Nichido Fire Insurance, has acquired Accident and Health International Underwriting (AHI), a specialist accident, medical and corporate travel underwriting agency. 5 July 2019
Insurance
Insurtech Guardhog, a homesharing insurance specialist, has launched a new blockchain-powered deposit cover designed to address the particular needs of sharing economy. 5 July 2019
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