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Insurance
Lloyd's managing agent Charles Taylor has appointed Tamer Ozmen as a non-executive director of the company. He will join the audit, remuneration and nominations committees. 19 June 2017
Insurance
Blockchain technology company Bitfury Group and risk and insurance advisory firm Risk Cooperative have entered into a strategic partnership to drive blockchain applications in the $60 billion insurance intermediation market. 19 June 2017
Insurance
Former Zurich executive Matthew Schofield has joined the senior management team of UK General Insurance as chief commercial officer, reporting to CEO Karen Beales. 19 June 2017
Insurance
SCOR Global Life, the international life and health subsidiary of French reinsurer SCOR, has entered the US medical reinsurance market, offering a portfolio of customised solutions to manage medical risk and complex claims. 16 June 2017
Insurance
Motor insurer Admiral included inaccurate premium amounts in renewal documents issued to some customers, breaching new Financial Conduct Authority (FCA) rules. 16 June 2017
Insurance
Property/casualty insurer Chubb has opened a new office in Reading, Berkshire, and made two key appointments to expand its local presence across the UK and Ireland. 16 June 2017
Insurance
The overall cost to insurers and reinsurers of the UK’s change in the personal injury Ogden discount rate is estimated at £3.5 billion across all lines of business, according to advisory firm EY. 16 June 2017
Insurance
Insurers are preparing for a surge in demand for cyber cover in personal lines as the awareness of the risk grows in the population and cybercrime cases jump. 16 June 2017
Insurance
A dramatic surge in cybercrime and an increasing awareness of the risk among the population has reassured the industry that cyber insurance will develop into an important area in personal lines insurance. 15 June 2017
Insurance
Germany-based insurance broker for the maritime industry Junge & Co, a fully owned subsidiary of Ed Broking Group, has appointed Olaf Fölsch as CEO. 15 June 2017
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