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MTech Capital has completed the initial closing of the firm’s insurtech venture fund with $75 million of capital commitments from three anchor investors including CNA Financial Corporation, NN Group, and a global insurer. 11 July 2018
Insurance
The UK re/insurance market is likely to shrink due to the UK’s exit from the European Union as companies reorganize their operations to ensure access to the EU common market. Nevertheless, London is likely to remain an important re/insurance centre after the country exits the EU. 25 January 2017
Insurance
Zurich Australian Insurance, a division of Zurich Insurance Group, has appointed Tim Plant as CEO of general insurance, Australia & New Zealand. 10 July 2018
Insurance
Re/insurer Jardine Lloyd Thompson Group (JLT) has released its interim management statement for the period 1st July 2015 to 2nd November. 3 November 2015
Insurance
Allied World Assurance Company (AWAC) has appointed Jonathan Evans as non-executive chairman of its Lloyd’s managing agency. Evans will also join AWAC’s board of directors. 14 April 2015
Insurance
International coverage is the main strategic pillar of the new reinsurer. 4 December 2019
Insurance
Specialty re/insurer Brit has appointed James Patterson and Ryan Mimmo as vice president, cyber & technology, for Brit Global Specialty USA (BGSU). 8 July 2019
Insurance
Jardine Lloyd Thompson Capital Markets (JLTCM), an affiliate of a leading JLT Re, has made another private placement catastrophe bond, Market Re 2016-2, which closed at $78.7 million. 10 June 2016
Insurance
Broker Marsh and Construction Risk Partners (CRP), a specialty broker dedicated to the US construction industry, have entered an agreement whereby CRP management will buy back the company’s stock from JLT Specialty USA. 6 September 2019
Insurance
Everest Insurance has expanded its Everest Specialty Underwriters (ESU) financial lines group with the addition of three new cyber liability team members. 12 September 2018
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