News

Insurance

Markel moves insurance business from London to Munich ahead of Brexit

Specialist insurer Markel International has moved its European insurance business from London-based company, Markel International Insurance Company, to its Munich-based company, Markel Insurance SE (MISE) ahead of UK plans to leave the European Union.   29 March 2019

Insurance

Investor Voce slams Argo for ‘invalid’ board appointments

In an ongoing dispute, Voce Capital Management, a shareholder of Argo Group, has questioned the legality of the re/insurer's appointment of two independent board directors.   29 March 2019

Insurance

Advent, Canopius-backed UK insurtech Kinsu shuts down

London-based insurtech Kinsu, which provided insurance for laptop, phones, bicycles, and other home contents, has announced that it is exiting the market "after an awesome year of fundraising".   29 March 2019

Insurance

Aon hires new EMEA chair for M&A and transaction solutions business from Marsh

Re/insurance broker Aon has appointed Edwin Charnaud as EMEA chairman for its M&A and transaction solutions business.   28 March 2019

Insurance

Marsh partners with Munich Re, Allianz, Zurich, AXIS on new cyber programme

Broker Marsh has launched a new programme, called Cyber Catalyst, that brings together a number of leading insurers to evaluate cybersecurity offerings and address major cyber risks, such as data breach, business interruption, data theft or corruption, and cyber extortion.   27 March 2019

Insurance

Lloyd's to tackle 'distressing' sexual harassment claims with possible lifetime bans

Specialist insurance and reinsurance market Lloyd's of London has outlined a new "plan of action" to address reports of sexual harassment in the market and create a safe and inclusive working environment.   27 March 2019

Insurance

AXA-backed Israeli cyber risk insurtech Sayata Labs attracts $6.5m funding

Insurtech startup Sayata Labs, a provider of risk assessment solution for the cyber insurance industry, has raised $6.5 million in seed funding.   26 March 2019

Insurance

Hamilton Lloyd's CEO O'Donohoe to leave; new executives revealed

Bermuda-based Hamilton Insurance Group's Lloyd's unit CEO Dermot O’Donohoe is leaving the company following its definitive agreement with Liberty Mutual to acquire Pembroke Managing Agency and Ironshore Europe DAC.   26 March 2019

Insurance

Lloyd’s managing agent Coverys appoints head of claims from Brit

Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991, 3330 and 1110, has appointed Caitlin Crist to the newly created role of head of claims of Coverys Syndicate 1975.   26 March 2019

Insurance

LIIBA elects BMS CEO Nick Cook as new deputy chair

London and International Insurance Brokers’ Association (LIIBA) has elected Nick Cook, CEO of BMS Group, as its new deputy chairman.   26 March 2019

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