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Insurance
AXA reveals two key appointments in the US
AXA has promoted two executives, Josh Braverman and Steven Joenk, to assume new responsibilities in the company.   24 March 2017
Insurance
Ed hires Gen Re exec as head of legal and compliance risk
Reinsurance, wholesale and specialty broker Ed has appointed Joanne Merrick as head of legal, risk and compliance.   23 March 2017
Insurance
UK SME’s grow cyber protection but coverage rates still low
The uptake of cyber insurance by UK small and medium enterprises (SMEs) has grown significantly in recent years but coverage remains low compared to other commercial products, according to research and consulting firm GlobalData.   23 March 2017
Insurance
Tokio Marine HCC unit snaps up $67.4mn crop MGA
Tokio Marine HCC's crop insurance unit Producers Ag Insurance Group (ProAg) is set to acquire US-based crop managing general agent (MGA) International Ag Insurance Solutions.   23 March 2017
Insurance
AmWINS taps XL Catlin exec for London MGA Unicorn
US-based global insurance broker AmWINS Group has appointed Perry Lyons as motor fleet underwriter for its London-based managing general agent (MGA) Unicorn Underwriting.   23 March 2017
Insurance
XL Catlin appoints E&S binding and brokerage head
Re/insurer XL Catlin has appointed Karl Fischbach as head of binding authority and brokerage for its excess and surplus (E&S) insurance operation.   22 March 2017
Insurance
R&Q buys two captive insurers in run-off
Randall & Quilter (R&Q), the insurance services and investment company, has acquired two captive insurance firms, Linco and ICDC, both of which are in run-off.   22 March 2017
Insurance
Major UK MGA CFC set for management buyout with PE backing
The management of CFC, the largest independent managing general agent (MGA) in the UK, are to execute a management buyout of the business with the backing of private equity firm Vitruvian Partners.   22 March 2017
Insurance
Liberty Mutual buys assets of US MGA TRU
Property/casualty insurer Liberty Mutual Insurance has signed a definitive agreement to acquire the assets of managing general agent (MGA) TRU Services, which specialises in medical stop loss cover to mid and large-size medical plan sponsors.   22 March 2017
Insurance
Reinsurers stick to UK motor business despite Ogden jitter
Reinsurers are particularly exposed to the UK’s decision to lower the Ogden personal injury discount rate by far more than expected, which is boosting victims’ compensation and the need for reserves, impacting the profitability of the business.   21 March 2017

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