News

Insurance

US insurtech Broker Buddha secures $4.5m funding for expansion

Insurtech platform Broker Buddha that simplifies the commercial insurance application and renewal process has raised $4.5 million in a funding round led by Vertex Ventures.   17 September 2019

Insurance

Ed bolsters risk solutions with senior hire from Faraday

London-based reinsurance, wholesale and specialty broker Ed has appointed Simon Stovell as divisional director for its risk solutions team.   17 September 2019

Insurance

AXA XL promotes trio to grow UK book of business

Re/insurer AXA XL has made a number of appointments in its UK client and distribution team, based in London.   16 September 2019

Insurance

QBE reinsurance has ‘pleasing’ H1 2019 ‘especially with the cat exposure’

QBE’s reinsurance business had a “pleasing” first half year, especially with the cat exposure, according to Jonathan Parry, chief underwriting officer of reinsurance at the firm.   8 September 2019

Insurance

Fidelis taps Brit's Bob Clarkson to develop selective and profitable marine account

Bermuda-based Fidelis Insurance has hired Bob Clarkson to join its Fidelis Underwriting (FUL) London underwriting team as part of the group’s strategic initiative to further develop its focused offering of specialty insurance products.   4 September 2019

Insurance

Chaucer MENA makes key hire from Talbot to drive growth strategy

Specialty re/insurer has appointed Noufal Manzil as class underwriter in its property team in Dubai to support the company's growth plans in the MENA region.   2 September 2019

Insurance

Typhoon Lekima insured losses in China estimated to exceed $855m: AIR Worldwide

Insured losses from Typhoon Lekima that ravaged parts of China this weekend is expected to exceed CNY 6 billion ($855 million), according to catastrophe risk modelling firm AIR Worldwide.   15 August 2019

Insurance

Sompo partners with Munich Re, XL-backed insurtech Slice to launch on-demand insurance in Asia

Re/insurer Sompo Holdings and US-based insurtech Slice Labs have entered into a proof-of-value contract to offer a 'first-of-its-kind' on-demand insurance to the Asia Pacific region.   15 August 2019

Insurance

Arch buys insurtech managing general underwriter Ventus Risk Management

Arch Insurance North America has entered into a definitive agreement to acquire insurtech managing general underwriter (MGU) Ventus Risk Management.   15 August 2019

Insurance

McGill & Partners acquires renewal rights to certain Marsh, JLT Specialty business

London-based McGill & Partners, a specialty risk solutions company, has signed an agreement with broker Marsh and JLT Specialty to acquire certain specialty business from Marsh in London.   15 August 2019

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