News

Insurance

Insurtech startup Konsileo secures £2.7m to scale up operations

London-based commercial insurance broker Konsileo has raised £2.7 million in Series A funding from Belgravia-based technology investor Committed Capital.   16 April 2018

Insurance

AM Best warns over cyber challenge for insurers

Cyber risk assessment and mitigation should be a top priority for insurers in their enterprise risk management (ERM) efforts, according to AM Best.   13 April 2018

Insurance

Marsh unveils digital labs in insurtech push

Global insurance broking and risk management firm Marsh has launched Marsh Digital Labs to develop next-generation insurance products and distribution channels.   13 April 2018

Insurance

Marsh unit acquires Scottish broker Clark Thomson

Marsh & McLennan Companies’ unit Jelf reached an agreement to acquire Scotland’s largest independent insurance broker Clark Thomson.   12 April 2018

Insurance

Marsh appoints CEO of Middle East and Africa from Oman Insurance

Global insurance broking and risk management firm Marsh has appointed Christos Adamantiadis as CEO of a newly-combined Middle East and Africa region, and Ayman El Hout as country leader for the United Arab Emirates (UAE).   11 April 2018

Insurance

Political risk and violence, terrorist attacks on the rise

Global political volatility is leading to heightened levels of political violence and political risk, according to Aon’s 2018 Risk Maps for Political Risk, Terrorism and Political Violence.   11 April 2018

Insurance

Digital startup Acko to offer first in-trip insurance in India

Mumbai-based digital insurance start-up Acko General Insurance has partnered with ride-sharing app Ola to offer a first-of-its-kind in-taxi insurance in India.   11 April 2018

Insurance

RKH Specialty appoints former Aon exec to lead expansion in Asia Pacific

RKH Specialty, part of the Hyperion Insurance Group, has appointed Stuart Beatty as the regional CEO for Asia Pacific, a new role focused on building on the firm’s specialty capabilities in the region.   10 April 2018

Insurance

Lloyd’s broker AFL taps chief commercial officer from JLT

Independent Lloyd’s broker AFL has appointed Jonathan Bines, formerly a specialty property & casualty senior partner at JLT, as chief commercial officer.   10 April 2018

Insurance

Seven hurricanes expected in 2018 season

The 2018 Atlantic hurricane season (June 1 to Nov. 30) is expected to result in 14 named storms, causing a “slightly above-average” hurricane season, according to Colorado State University researchers.   6 April 2018

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