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Insurance
Singapore has one of the most developed fintech landscapes in the world and a growing insurtech scene, which Insurance Australia Group (IAG) aims to help develop through its insurtech startup, Firemark Labs, James Orchard, executive general manager of innovation at IAG, told SIRC Today. 1 November 2017
Insurance
Lloyd’s of London is facing criticism for providing what some have dubbed “murder insurance” to gun owners across the USA, according to an article in The Times. 18 December 2017
Insurance
Mutual insurance association The Standard Club has partnered with Hydor, an Oslo-based managing general agent (MGA), to create an MGA joint venture that will provide marine and energy cover across Nordic markets. 24 October 2016
Insurance
Lloyd's broker AFL Insurance Brokers has appointed Jonathan Bines as the new chief executive officer (CEO) of UK, and unveiled its plans to expand business in North America. 13 May 2019
Insurance
Social inflation is a big issue for insurers, especially in the US where plaintiffs’ lawyers are demanding ever-larger pay-outs, backed by juries who are increasingly inclined to back David against Goliath. But the right approach will reduce this trend, as Rick Lindsey, CEO of Prime Insurance Company, tells Intelligent Insurer. 7 September 2020
Insurance
Specialty managing general agent Nexus Underwriting Management has appointed Tim Brangwyn as director of its subsidiary Millstream Underwriting. 21 January 2016
Insurance
Legislators in the US have a fight on their hands if they think the insurance industry will agree to pay out on untenable claims without complaint, says one industry veteran, as he debunks the argument that the move is akin to TRIA. Intelligent Insurer investigates. 8 April 2020
Insurance
Insurance services firm Charles Taylor has agreed to a "compelling" takeover deal by private equity firm Lovell Minnick Partners, which it hopes will deliver attractive returns to its shareholders. 19 September 2019
Insurance
Profits at Blue Capital Reinsurance Holdings dipped sharply in the second quarter driven by higher levels of catastrophe losses globally. On a positive note, the company said declines in rates slowed in the mid-year renewals compared with a year earlier. 2 August 2016
Insurance
Zurich Insurance Group has agreed to sell its pre-2007 UK legacy employers’ liability policies portfolio to Bermuda-based specialist acquirer of legacy insurance portfolios Catalina Holdings. 17 December 2018
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