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Insurance
Ethos Specialty Insurance Services, the US managing general agency and a subsidiary of Ascot Group, has appointed Michael Carr as head of property. 9 January 2018
Insurance
Willis Re has upgraded its cyber risk portfolio modelling tool PRISM-Re to now include what it has termed silent cyber – cyber losses arising from insurance policies not specifically designed to cover cyber risk. 9 January 2018
Insurance
Australian construction insurer Ensurance has gained regulatory approval to operate as a MGA and also made a series of high-profile appointments, the company has revealed in a market update. 8 January 2018
Insurance
Mutual insurance association The Standard Club has appointed Leanne O’Loughlin president/regional director of Charles Taylor P&I Management (Americas), succeeding LeRoy Lambert, who has assumed the role of general counsel. 8 January 2018
Insurance
Pioneer Underwriters has launched a new business in Latin America. It has opened a regional hub in Mexico City and appointed four senior insurance professionals as senior vice presidents. 8 January 2018
Insurance
CLARA Analytics, an artificial intelligence (AI) and data science company focused on the property/casualty and disability insurance industries, has raised $11.5 million of Series A funding round led by Oak HC/FT, a private equity fund that invests in healthcare information & services and financial services technology. 5 January 2018
Insurance
AM Best is revising its outlook on the commercial lines segment of the US property/casualty industry to stable from negative for 2018, citing an embedded change in the sophistication of the segment’s pricing and underwriting infrastructure and the segment’s resilience amid a variety of macroeconomic and insurance market issues in recent years. 4 January 2018
Insurance
Arc Legal Assistance has launched a personal cyber support policy providing household insurance customers with access to expert support, restoration services and cover for cyber-attacks. 4 January 2018
Insurance
Reinsurance rates did not increase by as much as expected in the year-end renewals as many reinsurers conceded ground to clients as the date neared, particularly in non-loss affected areas, according to JLT Re’s Retrospective Renewal Report. 3 January 2018
Insurance
More quality staff, harder rates and better flood models are all high up the wishlist of Dominic Kirby, managing director, ArgoGlobal, who explains his plans and ambitions for 2018 to Intelligent Insurer. 2 January 2018
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