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Insurance
Munich Re has tested and insured the fraud prevention solution of German and Israeli start-up Fraugster, which uses artificial intelligence (AI) technology to detects payment frauds and improve the security of online sales. 23 April 2018
Insurance
Ironshore International’s Pembroke Managing Agency, the third-party managing agent for Patria Re, a Lloyd’s approved Special Purpose Arrangement (SPA), has added a number of treaty property leaders to the Patria Re underwriting team. 17 July 2017
Insurance
London-based commercial property MGA, European Property Underwriting (EPUL), has launched a flexible UK and Northern Ireland terrorism solution offering cost-effective cover as an alternative to Pool Re. 11 June 2018
Insurance
Berkley Insurance Company, a subsidiary of WR Berkley Corporation, has appointed Naomi Kinderman and Beth Zaro Green as vice presidents – claims senior counsel. 23 May 2017
Insurance
Hurricane Florence is currently a category 4 hurricane and may intensify to a category 5 hurricane in the next 24 hours, according to data provider AIR. 12 September 2018
Insurance
The overall impact of catastrophe losses on property rates was muted at the January 1, 2019 reinsurance renewals, according to Guy Carpenter. 14 January 2019
Insurance
Pioneer Underwriters has launched a new business in Latin America. It has opened a regional hub in Mexico City and appointed four senior insurance professionals as senior vice presidents. 8 January 2018
Insurance
UK-based personal lines insurer esure has received £1.2 billion acquisition offer from private equity firm Bain Capital in a deal that would take esure private. 14 August 2018
Insurance
Monsanto has been ordered to pay $289 million damages to a man who claimed herbicides containing glyphosate had caused his cancer in a court ruling that sets worrying precedent for insurers, according to law firm Clyde & Co. 14 August 2018
Insurance
Two large typhoons in Japan as well as earthquakes and heavy rainfall experienced in Japan have recently revealed the growth potential for business interruption cover in the country’s commercial insurance market, Ken Motoda, president of AGCS Japan, the local unit of Allianz’s commercial insurer, told SIRC Today. 31 October 2018
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