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Insurance

Insurer Skuld partners with insurtech Concirrus to develop behaviour-based analytics Quest Marine

Marine insurer Skuld has teamed up with insurtech Concirrus to roll out a bespoke version of the tech firm’s behaviour-based data analytics platform Quest Marine.   27 August 2019

Insurance

Aon launches Accident, Health & Life practice group to harness growth for Reinsurance Solutions

Aon has created a global Accident, Health & Life practice group in its Reinsurance Solutions business to help insurers take advantage of growth opportunities in the sector.   27 August 2019

Insurance

Broker Ames & Gough appoints Jessie Witherow assistant vice president

Insurance broker and risk management consultancy Ames & Gough has appointed Jessie Witherow to the post of assistant vice president.   27 August 2019

Insurance

Gallagher: quarter of SMEs hit by crisis event in 2018 increasing risk of collapse

Research from Gallagher has found that nearly a quarter (24 percent) of UK small and medium enterprises (SME) were affected by a crisis event last year, with the subsequent trading paralysis putting thousands of them at risk of collapse.   27 August 2019

Insurance

HDI hires Stephanie Ogden as director of distribution for UK and Ireland

Industrial lines insurer, HDI Global SE (HDI) has confirmed Stephanie Ogden as its new director of distribution for UK and Ireland operations, she will take up the post on September 2, 2019.   27 August 2019

Insurance

CAC Specialty taps up Colin Daly to co-lead its Financial Lines Practice

CAC Specialty has appointed Colin Daly to co-lead of its Financial Lines Practice (FLP) as he takes up the post of executive vice president.   27 August 2019

Insurance

Allianz to acquire Brazilian insurer Sul América's auto and P&C portfolio for €667m

German insurer Allianz is acquiring the automobile and other property/casualty operations of Brazilian insurer SulAmérica for R$3 billion (€667 million), in a move it hopes will strengthen its competitive position in Latin America.   23 August 2019

Insurance

Cost of settling UK motor claims soared 8.6% in 2018: Willis Towers Watson

Motor claims payout inflation in the UK surged by 8.6 percent in 2018, representing the fourth year of consecutive increases, which combine with further rises in 2019 has increased the pressure on premiums, a benchmarking study found.   23 August 2019

Insurance

AXA XL leads $37m financing for AI-driven auto insurtech Zendrive

US-based data and analytics firm Zendrive has raised $37 million in its Series B funding led by AXA XL's insurtech venture capital fund XL Innovate.   22 August 2019

Insurance

AIG hires The Hartford's Sabra Purtill for newly created deputy CFO role

American International Group (AIG) has appointed The Hartford's Sabra Purtill in a newly created role of deputy CFO, head of treasury, investor & rating agency relations, and corporate development.   22 August 2019

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