News

Insurance

Markel promotes to boost professional and financial risks unit

Markel International, the specialist insurer, has promoted Bhavik Desai to senior underwriter in its professional and financial risks division (PFR).   14 May 2015

Insurance

Gallagher acquires UK regional commercial insurance broker

Broker Arthur J Gallagher is acquiring UK regional commercial insurance broker Risk Services based in Chester.   9 May 2018

Insurance

RSG seizes the moment to target Europe

Continental Europe is ripe for an expansion of managing general agents (MGAs) and Ryan Specialty Group (RSG) is willing to take advantage of the growth potential for niche products in the region, Michael Rice, chairman and CEO of RSG Underwriting Managers (RSGUM), and Peter McKenna, CEO of RSG Europe, tell Intelligent Insurer.   17 August 2018

Insurance

Munich Re hires Hennessy for US specialty expansion

Munich Re has hired John Hennessy as CEO & president of its North American underwriting platform Roanoke Group (RGI).   27 July 2018

Insurance

Ryan Specialty secures $175m PE investment to fund growth

Ryan Specialty Group (RSG) has secured a $175 million investment from Toronto-based private equity firm Onex Corporation. The company has framed the deal as a long-term strategic relationship that will enable further growth.   4 June 2018

Insurance

Atrium Insurance closes down underwriting business for Singapore platform

Atrium Syndicate 609, a specialist underwriter, has closed down its Singapore platform, which was established in 2009.   19 July 2016

Insurance

Insurtech investment doubles in Q3: Willis

More than $1.3 billion of insurtech funding was completed during the third quarter of 2018, double the figure from the previous quarter, according to Willis Towers Watson research.   20 December 2018

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

Cat loss estimates to rise in 2018: Jefferies

A gap of $20 billion between company losses and estimates of total insured losses suggests that some company estimates will rise in 2018, fuelling reinsurance price rises, according to Jefferies analysts.   7 December 2017

Insurance

London Market Group appoints Lebecq as new CEO

The London Market Group (LMG) has appointed Clare Lebecq as new CEO, effective Nov. 1, 2018.   3 August 2018

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