News

Insurance

BIBA partners with Opus Underwriting for intellectual property insurance scheme

The British Insurance Brokers’ Association (BIBA) has launched an intellectual property insurance scheme in partnership with specialist underwriting agent Opus Underwriting.   30 April 2019

Insurance

Pro Global snaps up MGA incubator Vibe

Specialist re/insurance provider Pro Global Insurance Solutions is acquiring Vibe MGA Management, the MGA incubator business of Vibe UK, which owns Lloyd’s managing agent Vibe Syndicate Management.   25 April 2019

Insurance

Amynta Group appoints new chief executive officer from Bank of America Merrill Lynch

Amynta Group, a group of warranty, managing general agent (MGA) and specialty risk companies, has appointed Robert Giammarco as the new chairman and chief executive officer (CEO).   25 April 2019

Alternative Risk Transfer

Guernsey’s new ILS hybrid: even closer to the risk

Christopher Anderson, partner at law firm Carey Olsen in Guernsey, has introduced the concept of a hybrid ILS vehicle. Here he explains why and how he came up with the idea.   24 April 2019

Insurance

Axon makes strategic move into Latin America with $10m backing from Asian partners

Specialty lines programme administrator Axon Underwriting has launched a new reinsurance unit, Axon Re, to expand its cargo and stock throughput reinsurance programme across Latin America.   24 April 2019

Insurance

Broker Brightside appoints new COO from Swinton Group

UK broker Brightside Group has appointed Richard Beaven as group chief operating officer (COO), reporting to group CEO Brendan McCafferty.   24 April 2019

Insurance

TigerRisk president Tony Ursano steps down

Tony Ursano is stepping down as the president of reinsurance broking and risk/capital management firm TigerRisk Partners.   23 April 2019

Insurance

Munich Re Syndicate targets Asia expansion with Nectar partnership

The Asia Pacific arm of Munich Re Syndicate, a marine and specialty insurance underwriter at Lloyd’s, has partnered with Singapore-based coverholder Nectar Specialty Risk to expand its distribution and middle-market business in the region.   18 April 2019

Insurance

POP partners with AI insurtech Fractal on M&A insurance offering

Australia-based specialist insurer POP Insurance Holdings and its MGA subsidiary Fusion Specialty Insurance have partnered with Fractal Industries, an artificial intelligence (AI) and insurtech software provider.   18 April 2019

Insurance

AmTrust at Lloyd's and Canopius sign merger agreement

Specialty re/insurer Canopius has signed a definitive agreement to merge its Lloyd’s business with AmTrust at Lloyd’s, a division of AmTrust Financial.   18 April 2019

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