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Insurance
Specialist Lloyd's insurer Neon has completed its claims team with the appointment of Gavin Coley as technical head of claims, and James Sterling as claims manager for professional indemnity and financial lines. 10 May 2017
Insurance
Twelve Capital Group has revealed that it was the lead investor in $45.5 million private debt transaction with Catalina General Insurance, a subsidiary of Catalina Holdings, Bermuda. 10 May 2017
Insurance
New York-based insurance holding company AmTrust Financial Services is looking to sell a majority in its MGA network and warranty administration operations, CEO Barry Zyskind suggested during the company’s first quarter results conference call. 9 May 2017
Insurance
New York-based specialty personal lines insurance provider National General Holdings reported a fall in profits in the first quarter of 2017 as the combined ratio of its property/casualty operations deteriorated. 8 May 2017
Insurance
JLT Specialty USA, a US subsidiary of Jardine Lloyd Thompson Group, has expanded its environmental team with the appointment of Grant Nichols as senior vice president, based in Philadelphia. 8 May 2017
Insurance
If all US businesses had cyber insurance, over $5 billion a year would be lost to the insurance industry from cyber data exfiltration alone, according to catastrophe risk modelling firm RMS. 8 May 2017
Insurance
Marsh & McLennan Agency, the middle market agency subsidiary of Marsh, acquired employee benefits consulting firm Insurance Partners of Texas. The move follows the recent acquisition of Texas-based iaCONSULTING. 8 May 2017
Insurance
Insurance broker NFP has acquired Arizona-based property/casualty (P&C) firm McCullough Insurance Agency to further expand its presence in the Southwest market. 8 May 2017
Insurance
Property/casualty insurer Chubb has enhanced its financial lines covers in the UK and Ireland. 8 May 2017
Insurance
Over half of UK based small and medium-sized enterprises (50.8 percent) say that their insurance broker has not raised the issue of cyber insurance with them, according to a survey by specialist lines underwriting agency CFC Underwriting. 8 May 2017
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