News

Insurance

Howden acquires Norwegian insurance brokerage NIP in expansion move

Howden Broking Group has acquired a majority-share ownership in Norwegian Insurance Partner (NIP), an employee benefits broker, based in Bergen, Norway.   11 April 2019

Insurance

Aon uses artificial intelligence to extract critical data insights from historical documents

Re/insurance broker Aon has partnered with US-based insurtech Groundspeed to extract critical data insights from its unstructured documents using artificial intelligence (AI) technology.   11 April 2019

Insurance

Italy's Generali to invest €1bn in new asset management company ThreeSixty Investments

Italian insurer Generali Group is creating a new asset management company, called ThreeSixty Investments, with an investment of €1 billion in the first fund as strategic capital.   11 April 2019

Insurance

Cyber MGA Bewica launches broker portal, API platform targeting SMEs

Bewica, a managing general agent (MGA) and Lloyd’s coverholder specialising in cyber risk, has launched a new platform targeting brokers and intermediaries that provides cyber risk assessment and reporting tools for SMEs.   10 April 2019

Insurance

Mental health a priority as MS Amlin partners with psychologist

Global specialty re/insurer MS Amlin has partnered with a clinical psychologist to raise awareness of mental health at work and support World Health Day.   10 April 2019

Insurance

Floods cause $8bn damage in March 2019, finds Aon catastrophe report

Floods around the world cost the global economy $8 billion in March 2019, according to the Aon Global Catastrophe Recap report.   10 April 2019

Insurance

Tokio Marine HCC exits US bail bond business

Specialty insurance group Tokio Marine HCC has sold its bail bond operations to what it calls "a prominent player in the industry" as it exits the business in the US.   10 April 2019

Insurance

HDI leads €12m funding round in Germany's IoT, blockchain start-up Next Big Thing

Berlin-based Next Big Thing (NBT), a startup incubator for the internet of things (IoT) services and blockchain technology, has raised €12 million in funding led by Talanx group's industrial insurer HDI Global.   10 April 2019

Insurance

Third Point Re hires Allied World's Gibbons to lead specialty treaty portfolio

Bermuda-based Third Point Reinsurance Company has hired Tracey Gibbons to lead its specialty treaty division.   10 April 2019

Insurance

Everest Insurance hires wholesale distribution leader from AIG's Lexington

Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has appointed Rick Taute as vice president, marketing & distribution and national wholesale distribution leader for insurance.   10 April 2019

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