News
Reinsurance
New York-based reinsurance provider AM Re Syndicate has a unique position in the market as it underwrites specialty quota share reinsurance exclusively, as the firm’s Shevawn Barder explains to Intelligent Insurer. 15 October 2019
Insurance
Intelligent Insurer goes beneath the surface of the risk pool sector to discover why so many insurance firms are keen to get involved. 15 October 2019
Technology
Insurers that offer cyber protection have increasingly realised that they must partner with specialist cyber firms to make this a truly effective product. Intelligent Insurer looks at how such partnerships work. 15 October 2019
Insurance
Peter Welton has been promoted to UK Head of Energy for AXA XL Insurance. In his new role, he is responsible for developing the UK energy book and providing and designing innovative insurance and flexible solutions for energy clients. He will lead a team of underwriters in London. 15 October 2019
Insurance
The majority of insurtechs startups will fail, Starr Insurance Companies chairman and chief executive officer Maurice R ‘Hank’ Greenberg has said. 15 October 2019
Insurance
Gérald Harlin, AXA’s group deputy CEO and group CFO, will be appointed executive chairman of AXA Investment Managers (AXA IM), effective December 1. He will implement the next phase of AXA IM’s strategy with the aim of accelerating the company’s development. Harlin will continue to report to Thomas Buberl, CEO of AXA, in this role. 15 October 2019
Insurance
Gallagher acquires Florida-based The Doyle Group and its affiliates, known as Direct To PolicyHolder
Gallagher has acquired Ponte Vedra Beach, Florida-based The Doyle Group and its affiliates, collectively doing business as Direct To PolicyHolder (DTPH). 15 October 2019
Insurance
Ransomware accounts for 40 percent of manufacturers’ cyber claims in 2019 so far, according to a report by Chubb. 15 October 2019
Insurance
Pen Underwriting’s innovative escape of water claims process could save industry almost £100m a year
A new escape of water claims process devised and delivered by specialist insurance business Pen Underwriting, in partnership with third-party administrator Davies Group, has the potential to reduce related industry indemnity spend by almost £100 million a year, Pen Underwriting said. 14 October 2019
Insurance
Economic development is expected to deteriorate significantly from +32 percent currently to -5 percent worldwide according to a new study by German online statistics portal Statista. 14 October 2019
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