News
Insurance
Lloyd’s insurance broker and coverholder Shepherd Compello has appointed Steve Hart as divisional director responsible for delegated authority business, as the company looks to grow in its specialist markets. 2 February 2017
News
As money continues to pour into insurtech ventures, there is evidence that only the big, global technology players and true venture capital firms have pockets deep enough to precipitate true disruption in the insurance space. Simon Hayes investigates where this will leave the incumbent players. 11 December 2018
Insurance
Large-scale ransomware attacks, such as the ‘WannaCry’ on May 13-15, are highlighting the vulnerabilities in companies’ IT systems, which is in turn likely to increase the demand for related insurance protection. But Fitch Ratings warns insurers against aggressive expansion. 17 May 2017
Insurance
Channel Insurance Brokers (CIB), part of the PIB Insurance Group, has appointed Tony De Sousa to its board of directors, effectively immediately. 5 October 2016
Insurance
Bermuda-based Everest Re Group has appointed Christopher McKeon to lead the commercial casualty unit within the risk management group of its subsidiary, targeting upper middle market clients within select industry segments. 29 March 2017
News
The Reinsurance Association of America (RAA) has appointed Nicole Austin as senior vice president, federal affairs. 25 April 2017
Insurance
The inability of the reinsurance sector to materially raise rates after 2017's major catastrophe losses shows that the traditional catastrophe reinsurance business model is "permanently" impaired, which, along with other factors, should drive sustained consolidation, according to KBW analysts. 25 May 2018
article
Atlanta-based Crawford & Company, a provider of claims management solutions, has appointed Kieran Rigby as the president of international, encompassing the UK, Europe, Asia-Pacific and Latin America regions. 12 April 2017
Insurance
Probitas Syndicate 1492 at Lloyd’s has claimed that it is business as usual as it seeks new investors following the appointment of liquidators at Istmo Compañía de Reaseguros (Istmo Re), the Panama reinsurer which backs the syndicate. 12 April 2017
Insurance
Stone Point Capital, the Karfunkel Family, and the CEO of AmTrust Financial Services are acquiring the insurer in a transaction valued at approximately $2.7 billion. 1 March 2018
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