News

Insurance

Munich Re, XL, Sompo invest $20m in insurtech Slice

US-based insurtech Slice Labs, which offers cloud-based on-demand insurance, has raised an additional $20 million in Series A funding to further expand its offering on a global scale.   27 September 2018

Insurance

Claims handling, AI and the human element

Claims handling has changed hugely thanks to advances in technology, a panel at the Intelligent Automation in Insurance: unlocking the artificial intelligence revolution conference, taking place in London today, has found.   26 April 2018

Insurance

Euler Hermes expands XoL unit with former AIG execs as co-heads

Trade credit insurer Euler Hermes has appointed Alexia Parmentier and Tim Hoggarth as co-heads of its London-based excess of loss (XoL) unit with immediate effect.   17 January 2017

Insurance

Bermuda-based Lancashire Holdings' CEO Maloney ‘pleased’ with H1 2019 results despite drop in profits

Bermuda-based insurance company Lancashire Holdings’ group CEO Alex Maloney highlighted the firm’s “good new business momentum” in the first half of the year as his group reported its H1 2019 results.   25 July 2019

Alternative Risk Transfer

Pool Re appoints GC Securities to explore ILS options

Pool Re has appointed GC Securities, a division of MMC Securities LLC, as its insurance-linked securities (ILS) advisor and placement agent.   25 April 2018

Insurance

Deutsche Rück boss quits; hunt starts for successor

Arno Junke, the chief executive of Deutsche Rück and the Association of German Public Insurers (VöV), has left both positions as of December 31, 2017.   2 January 2018

Insurance

Allianz and Liverpool Victoria push ahead with JV

Allianz Group and Liverpool Victoria Friendly Society (LV=) have completed the first stage in the creation of their joint venture and strategic partnership through the planned sale of 49 percent stake in LV=’s UK General Insurance businesses (LV=GI) to Allianz Group.   2 January 2018

Insurance

Lemonade sues ONE Insurance and parent wefox over copying software

AI-powered insurtech firm Lemonade Insurance Company has filed a lawsuit against ONE Insurance, its parent wefox Group and founder Julian Teicke, over claims of it copying Lemonade’s app and website.   15 June 2018

Insurance

Markel enters surety business with new execs from Aviva and Euler Hermes

Specialist insurer Markel International has launched a surety offering following its appointment of new executives from Aviva and Euler Hermes.   9 March 2017

Insurance

Arthur J Gallagher claims loan in Ardonagh poaching case ‘highly irregular’

Claims of an allegedly “highly irregular” loan have emerged during the poaching case brought by Arthur J Gallagher (AJG) against the Ardonagh group, which has prompted references to “industrial espionage” from the claimants.   20 March 2019

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