News

Insurance

BMS 2018 annual profits bumped up to £100m; CEO Cook lauds "remarkable results"

Specialist re/insurance broker BMS Group posted a 25 percent increase in its 2018 revenues, mostly driven by growth in its London wholesale and US reinsurance businesses, according to CEO Nick Cook.   13 March 2019

Insurance

Major UK MGA CFC set for management buyout with PE backing

The management of CFC, the largest independent managing general agent (MGA) in the UK, are to execute a management buyout of the business with the backing of private equity firm Vitruvian Partners.   22 March 2017

Insurance

Pioneer’s Syndicate 1980 to start underwriting 1/1

Pioneer Underwriters, the underwriting group within Minova Insurance Holdings received approval from Lloyd’s for Syndicate 1980 to commence underwriting business attaching on or after 1 January 2018.   14 December 2017

Insurance

Argo renews Harambee Re deal

Specialty re/insurance underwriter Argo Group has renewed the coopertion with Harambee Re as Argo’s sidecar reinsurer for 2018.   15 January 2018

Insurance

More MGAs seek capital partners on sidecars

A growing number of smaller insurers and managing general agents (MGAs) are seeking partnerships with alternative capital providers via structures such as sidecars—but they need to offer something unique yet reliable if they are to succeed in securing such partnerships.   16 September 2015

Insurance

AXA UK and Ireland reveals management restructure

Re/insurer AXA UK and Ireland has unveiled changes to its management committee portfolios following the appointment of Shali Vasudeva as chief operating officer.   11 March 2019

Insurance

Liberty Mutual Re hires XL Catlin exec for international casualty role

Liberty Mutual Re, the reinsurance unit of Liberty Mutual Insurance Group, has appointed Vincent Gilardi as senior underwriter for international casualty.   17 January 2019

Insurance

Countrywide partners with Davies for PI claims

Countrywide has partnered with Davies Group for the provision of professional indemnity claims administration services following a competitive tender process.   14 December 2017

Insurance

Talanx leads financing in Germany’s biggest offshore wind project

The transaction is a part of the re/insurer's sustainability investment strategy.   12 February 2020

Insurance

How Rick Lindsey made Prime Insurance Company shine in a tough market

Rick Lindsey has built Prime Insurance Company using a robust approach to underwriting and claims management, as he explains to Intelligent Insurer.   1 September 2020

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