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AI-powered insurtech FRISS enters UK to tackle insurance fraud
Insurance
Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has opened its UK office led by Martyn Griffiths.   23 July 2019
Chubb charts rise in investor lawsuits in US and questions merit
Insurance
The number of securities class action lawsuits has more than doubled in the past four years, but according to insurer Chubb, the beneficiaries of the payouts are not “harmed investors” but instead its lawyers bringing cases of “dubious merit”.   11 June 2019
Trends in the ILS sector and implications for the wider insurance industry
Alternative Risk Transfer
An overview of the ILS market by Dirk Lohmann, chief executive officer of Secquaero Advisors and Noel Hillmann, chief executive officer of Clear Path Analysis*.   28 February 2018
Insurance
RSA has hired Martin Rueegg from AXA to be its new chief executive (CEO) of the Middle East and UAE, replacing Lloyd East who will move to RSA’s Canadian operation Johnson to become vice president of strategic operations and chief operating officer (COO). Rueegg will take up his new post in September.   22 July 2019
Insurance
Allianz Australia has been selected to purchase the general insurance business of the Territory Insurance Office (TIO).   24 November 2014
Insurance
A $9.8 billion reinsurance deal with AIG and the UK’s Ogden discount rate change weighed on Berkshire Hathaway’s first quarter results.   8 May 2017
Insurance
The Ardonagh Group, the UK’s largest independent insurance broker with global reach, has completed the acquisitions of Carole Nash Insurance Consultants and Mastercover Insurance Services.   21 December 2017
Insurance
MAPFRE Economic Research predicts faster growth returning in 2021.   31 January 2020
Insurance
Commercial lines insurers must embrace the same levels of automation prevalent in personal lines, particularly within the London Market if it is to compete with other platforms globally, Patrick Molineux, general manager of insurance at CSC, told Baden-Baden Today.   25 October 2016
Insurance
Broker Willis Towers Watson has recruited three senior executives from Marsh & McLennan to lead its expansion into the Canadian financial institutions (FI) market.   18 July 2019

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