News

Insurance

Fidelis adds energy market capacity with new MGA Kersey

Bermuda-based Fidelis Insurance has acquired an equity stake in a new managing general agent (MGA) Kersey Specialty that will focus on upstream energy subscription market insurance.   21 September 2018

Insurance

Pioneer expands political violence team with Advent hire

Pioneer Underwriters has bolstered its political violence team with the appointment of a new underwriter from Advent Underwriting.   21 September 2018

Insurance

Lemonade CEO suggests insurer has ‘turned a corner’ in underwriting

Lemonade CEO and co-founder Daniel Schreiber believes that the insurer has “turned a corner” as the loss ratio is improving.   20 September 2018

Insurance

Beach poaches Marsh SVP for new London wholesale practice

Re/insurance broking and advisory firm Beach & Associates has hired Marsh's Jonathan Tritton as senior vice president of its newly formed London wholesale practice.   20 September 2018

Insurance

Tokio Marine Kiln hires Novae CFO as Dover departs

Tokio Marine Kiln (TMK) has appointed Reeken Patel as chief financial officer (CFO), replacing James Dover who is leaving the business after 12 years in the position.   18 September 2018

Insurance

Insurtech Setoo secures €8m funding from AXA

Setoo, a London-based insurance and protection-as-a-service company, has closed an €8 million Series A funding round with AXA’s insurtech startup studio Kamet.   18 September 2018

News

Changing the DNA of insurers

All insurers are on a journey to use more technology—but as some move faster than others, the very definition of what constitutes an insurance company could be starting to change. Intelligent Insurer investigates.   18 September 2018

Insurance

BMS bolsters energy division with JLT, Price Forbes hires

Broker BMS Group has hired four new executives from JLT and Price Forbes to expand its energy division.   17 September 2018

Insurance

Neal faces wide range of problems at Lloyd’s

Lloyd’s is in danger of falling behind the rest of the re/insurance industry if its new chief executive officer John Neal does not get a firm grip relatively quickly, according to Gavin Coull, partner and head of reinsurance at legal firm BLM.   17 September 2018

Insurance

Chaucer snapped up by China Re after ‘strategic review’ by Hanover

China Re, China’s biggest reinsurer, will acquire speciality insurer Chaucer from its parent The Hanover Insurance Group for $950 million in a deal that gives the buyer a solid foothold in both the speciality markets and in Lloyd’s.   13 September 2018

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