News
Insurance
Cryptocurrencies such as bitcoin could play a significant role in reshaping and strengthening the UK’s financial services sector post-Brexit, according to the CEO and founder of deVere Nigel Green. 10 July 2019
Insurance
Bahrain’s status as the re/insurance hub in the Middle East is waning as other countries in the region have started to overtake it with newer risk based regimes, making the Arab-state’s insurance sector, historically viewed as progressive and comprehensive, look “slightly antiquated”, according to ratings firm AM Best. 10 July 2019
Insurance
Swiss Re Corporate Solutions has appointed Conor Smith as head of contract surety Canada. 10 July 2019
Insurance
An AI-powered tool that “delivers an immediate answer on liability” following a motor accident is being developed by international law firm DAC Beachcroft in partnership with insurtech start up Automated Insurance Solutions (AIS) and claims solutions provider Audatex. 10 July 2019
Insurance
Chicago-based specialty insurance services business Ryan Specialty Group (RSG) has appointed Michael Blackshear as senior vice president and global chief compliance officer. 10 July 2019
Alternative Risk Transfer
Allianz group's specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has added new global leadership positions in its alternative risk transfer (ART) and liability lines of business to help drive the expansion of its services. 9 July 2019
Insurance
Willis Re clients can now access support to write and price wildfire risk more accurately, as the reinsurance division of Willis Towers Watson has started offering a “location level wildfire risk” service. 9 July 2019
Insurance
Property/casualty insurer WR Berkley Corporation has appointed Daniel Westcott as new president of its Berkley Re America unit. 9 July 2019
Insurance
Brokerslink, a global network of independent brokers, has appointed three new affiliates to strengthen its presence in the Asian insurance markets. 9 July 2019
Insurance
Flood Re, a joint initiative between the UK government and insurers, has made key proposals that would see it work with insurers to help claimants “build back better” by permitting the payment of claims to include an additional amount for resilient or resistant repair, “above and beyond the original damage”. 8 July 2019
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