News

Insurance

Insurance veteran Steve McGill and Warburg Pincus launch specialty risk business

Insurance broking veteran of 40 years and former group president at Aon Steve McGill has partnered with global private equity firm Warburg Pincus to launch a specialty risk solutions business named McGill & Partners.   2 May 2019

Insurance

Aquiline-backed broker Relation beefs up leadership team to drive growth

US broker Relation Insurance Services has hired former Swiss Re executive Chris McKechnie as CFO and ex-Waller Helms managing director Tim Hall as head of M&A as it targets growth both organically and through accretive acquisitions.   2 May 2019

Insurance

John Neal says 'Lloyd’s is changing' as he plots bold new strategy for future

Lloyd's has published its strategic plan of "transformational initiatives", including simplifying market access and lowering costs, to ensure the 333-year-old marketplace can thrive in an increasingly challenging environment.   1 May 2019

Insurance

White Mountains appoints Frank Bazos as head of M&A

Bermuda-based White Mountains Insurance Group has appointed Frank Bazos as executive vice president and head of M&A (mergers and acquisitions).   1 May 2019

Insurance

Law firm Devonshires plans to enter insurance space with CMS hire

London-based law firm Devonshires is planning to enter the insurance market, and has hired a senior executive from CMS to develop its new practice.   1 May 2019

Insurance

Convex will benefit from 2020 hardening triggered by losses and Lloyd’s crisis: Catlin

The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change.   1 May 2019

Insurance

THB nabs new binding authority director from Pen Underwriting

Specialist re/insurance broker THB Group has recruited Steve Ford as strategic binding authority director.   1 May 2019

Insurance

Willis Towers Watson appoints new UK & Ireland leader for insurance consulting and tech business

Broker Willis Towers Watson has appointed Tammy Richardson to take on the role of UK and Ireland leader for life and property and casualty (P&C) in the company’s insurance consulting and technology business.   1 May 2019

Insurance

BMS hires CFO from JLT Re to drive next phase of strategic expansion

Specialist re/insurance broker BMS Group has appointed Nick Moss as its new chief financial officer (CFO), reporting to CEO Nick Cook.   1 May 2019

Insurance

Stephen Catlin launches re/insurance start-up Convex with $1.8bn capital raise; secures A- rating from AM Best

Insurance veteran Stephen Catlin and Paul Brand have launched a new specialty re/insurer focused on complex risks with an initial capital commitment of $1.8 billion, and an "exceptional group" of underwriting experts.   30 April 2019

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