News

Insurance

Charles Taylor agrees £261m deal to go private; firm says the offer was 'compelling'

Insurance services firm Charles Taylor has agreed to a "compelling" takeover deal by private equity firm Lovell Minnick Partners, which it hopes will deliver attractive returns to its shareholders.   19 September 2019

Insurance

Gallagher acquires Allied Insurance Brokers and Ascinsure Specialty Risk in the US

Broker Arthur J Gallagher has acquired Pennsylvania-based Allied Insurance Brokers and its subsidiary Ascinsure Specialty Risk.   19 September 2019

Insurance

Munich Re-backed commercial auto insurtech Inshur plans global expansion; hires Uber veteran to lead strategy

Munich Re-backed insurtech Inshur, a provider of commercial auto insurance for private hire drivers, has strengthened its leadership team to support its market expansion plans globally. The company currently operates in New York and the UK.   19 September 2019

Insurance

Generali launches new specialty insurance division in the US

The US arm of Italian insurer Generali Group has launched a new specialty insurance division focused on warranty services and solutions.   19 September 2019

Insurance

IGI to highlight workplace harassment at Dive In diversity event in Jordan

International General Insurance (IGI) is to focus on workplace harassment as it hosts the Dive In festival in Jordan later this month.   19 September 2019

Alternative Risk Transfer

Markel taps Hamilton's Brenton Slade to build new ILS fund Lodgepine

Markel Corporation has hired Hamilton's Brenton Slade as president of Lodgepine Capital Management, its new retrocessional insurance linked securities (ILS) fund based in Bermuda.   19 September 2019

Insurance

Operational risks such as pricing are top concerns for Lloyd’s CROs, finds LMA survey

Pricing, cost reduction and other “bread and butter” issues are the top concerns for chief risk officers (CROs) within Lloyd’s managing agencies.   18 September 2019

Insurance

Bahrain’s Trust Re hires new executive management talent to boost corporate governance; forms committee

Reinsurance firm Trust Re, headquartered in the Kingdom of Bahrain, has strengthened its executive management team with new appointments and formed a new executive committee.   18 September 2019

Insurance

Willis Research Network, set up by Willis Re, partners with Mitiga Solutions on air traffic forecasting

The Willis Research Network (WRN) is partnering with Mitiga Solutions to enable airlines and airports to better manage the impact of natural hazards to air traffic management and aviation operations.   18 September 2019

Insurance

Gallagher hires Steve Wilkinson to lead claims at aerospace practice

Gallagher has hired prominent aviation market veteran Steve Wilkinson as head of claims at its global aerospace practice.   18 September 2019

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