News

Insurance

Marsh to acquire Bluefin Insurance Group from AXA

Broker Marsh has reached an agreement with AXA Group to acquire Bluefin Insurance Group (Bluefin), a broker network and managing general agent business owned, which is a subsidiary of AXA UK.   14 November 2016

Insurance

Munich Re’s Hopke views cyber as strategic growth area, despite fact segment is still small

Cyber is one of Munich Re’s main strategic growth areas, according to Doris Hopke, member of the board of management at the reinsurer. She said that while the cyber segment part of the firm’s market “is still small” the number of incidents is increasing rapidly, and the financial impact of these incidents is becoming more severe.   22 October 2019

Insurance

UK motor insurance sector posts record results

The UK motor insurance market has reported a net combined ratio (NCR) of 96.8 percent in 2017, the best result since 1994 and the second best since records began, according to EY’s Annual UK Motor Insurance Results.   28 June 2018

Technology

Transforming quote, bind and issue with APIs

Underwriting application programming interfaces (APIs) make it possible to close and remarket much more business than before, aiding customer retention and helping carriers and brokers triage and boost volumes together. This is never more important than in today’s hardening market.   17 May 2021

Reinsurance

Tough choices: taking diversity and inclusion from theory to practice

Re/insurers can start small but should think big to see real change in their organisations. A focus on specific areas to achieve real change needs to be combined with a willingness to question fundamental assumptions.   27 July 2022

Insurance

Trend to bespoke products drives AFL into Zodiac acquisition

A trend toward bespoke insurance products driven by available technology and data is one of the reasons why Lloyd’s broker AFL Insurance Brokers decided to acquire US-based Zodiac Insurance Services, AFL CEO Bob Finch, told Intelligent Insurer.   13 November 2018

Insurance

New money will chase harder rates but investors will exercise caution

Re/insurance Lounge panel discuss how they think investors will react to hardening rates.   15 September 2020

Insurance

Insurtech Parsyl raises $15m funding led by Ascot Group

The Lloyd’s Coverholder has launched a full suite of technology-enabled cargo insurance products for perishables.   16 April 2020

Insurance

XL Catlin expands D&O coverage in Iberia

XL Catlin’s insurance operation in Iberia has enhanced its directors and officers (D&O) insurance solution for non-profit organizations (NPOs) and non-governmental organizations (NGOs).   20 December 2016

Insurance

Hamilton hires Sirius executive to drive corporate strategy

Bermuda-based Hamilton Insurance Group has hired Michael Papamichael as senior vice president of strategy and corporate development from Sirius Group.   5 December 2018

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