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Torrent Technologies, a Marsh company, in coordination with Torrent’s Write-Your-Own (WYO) carriers participating in the National Flood Insurance Program (NFIP), has announced the availability of a new, automated private market primary flood insurance solution designed to be a cost-effective alternative to the NFIP. 13 May 2016
Insurance
Chedid Capital Holding, an insurance and reinsurance group, in collaboration with prominent investors in Dubai has acquired 75 percent of Al Manara Insurance Services Co, Sharjah, an insurance brokerage firm operating in the United Arab Emirates. 11 May 2016
Insurance
LONMAR GLOBAL RISKS, an independent Lloyd’s broker, has appointed James Underwood as a divisional director in its specialist professions team. 9 May 2016
Insurance
Hyperion Insurance Group has announced a new group management structure, a year on from the completion of its merger with RKH. 9 May 2016
Insurance
Innovation within add-on products to introduce ‘real-time’ claims experience for clients could help both customer retention and dealing with regulatory issues, according to research of UK brokers by real-time travel insurance solution provider PassportCard. 5 May 2016
Insurance
TigerRisk Capital Markets & Advisory, a subsidiary of TigerRisk Partners, has received approval from the Financial Industry Regulatory Authority (FINRA) to trade catastrophe bonds in the secondary market including bonds issued by TigerRisk Partners and other affiliated entities. 4 May 2016
News
Specialist reinsurance broker Capsicum Re has launched Capsicum Re Latin America (CRLA). 4 May 2016
Insurance
Alesco Risk Management Services, a specialist broker, has poached two senior renewable energy brokers from Marsh. 4 May 2016
Insurance
Global Risk Partners (GRP), an insurance broking and managing general agent investment vehicle, has funded the acquisition of Northern Ireland-based commercial and personal lines broker McGrady by Abbey Bond Lovis (ABL). 4 May 2016
Insurance
MS Amlin, a specialty commercial insurer and reinsurer, has announced that from 3 May 2016, it will operate as one brand in the Lloyd's market, as a single managing agency, MS Amlin Underwriting. 3 May 2016
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