News
Insurance
Victor Insurance Holdings, a managing general underwriter (MGU) formerly known as the Schinnerer Group, has appointed John Stephenson as UK country manager, and Fred Willemze as strategic partnerships director. 17 July 2019
Insurance
US-based specialty property/casualty insurer ProSight Global has launched its initial public offering (IPO) of approximately 8.8 million shares of common stock on the New York Stock Exchange. 17 July 2019
Insurance
Hudson Structured Capital Management (HSCM Bermuda) has led the Series B funding round of insurtech RiskGenius, which provides software-based natural language processing tools for improving the quality and accuracy of insurance policies. 16 July 2019
Insurance
Insurance investment company BP Marsh & Partners has acquired 36 percent equity stake in Sydney-based Agri Services Company for an initial cash consideration of AU$1.47 million (£817,000), and further consideration of up to AU$1.13 million (£628,000) may become payable. 16 July 2019
Insurance
Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group has partnered with UK-based insurtech Cytora to develop artificial intelligence-powered solutions for the commercial insurance industry. 15 July 2019
Insurance
Brokerslink, a global network of independent brokers, has added three new affiliates to further expand its presence in the Middle East and Africa region. 15 July 2019
Insurance
UK insurers will be “hugely disappointed” as the injury damages rate, the Ogden discount rate, was set at minus 0.25 percent today to come into force on August 5, 2019. 15 July 2019
Insurance
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has launched a Series B investment round to fuel its expansion plans. 15 July 2019
Alternative Risk Transfer
Corporate social responsibility has changed aspects of the risk transfer industry over time, but it is now becoming more important than ever for re/insurers to understand its wider consequences, Laurent Montador of CCR tells Intelligent Insurer. 15 July 2019
Insurance
As tropical Storm Barry moves towards New Orleans, weather forecasters are predicting that it could become a hurricane and then stall over land, meaning that rain, not wind, will be the main peril. 12 July 2019
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