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Insurance
Specialist re/insurance broker BMS Group has entered into a tied representative agreement with Turkish specialist re/insurance broker Rönesans Reasürans ve Sigorta Brokerlik. 20 June 2018
Insurance
Specialty re/insurer MS Amlin has partnered with London-based insurtech start-up Cytora to deploy artificial intelligence (AI) into the commercial underwriting processes. 20 June 2018
Insurance
The Abu Dhabi Investment Authority (ADIA) is acquiring up to 21.4 percent in Pension Insurance Corporation Group from funds advised by private equity firm JC Flowers. 20 June 2018
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Neil Lee-Amies as head of treaty. 20 June 2018
Insurance
Property/casualty (P&C) CEO bonus payments increased to 393 percent of salary in 2017 from 225 percent of salary in 2016, according to a study by consulting firm Compensation Advisory Partners (CAP). 20 June 2018
Insurance
The Blockchain Insurance Industry Initiative (B3i) is to build its applications and business network on the Corda blockchain platform, which is developed by software firm R3. 20 June 2018
Insurance
Liberty Mutual has appointed Shaun Kelly as president of distribution for Global Risk Solutions (GRS) operating unit and Matthew Dolan as president of North America specialty. 20 June 2018
Insurance
Lincoln Financial Group has introduced online chat capabilities called ‘Ask Abe’ that are able to help customers with instructions for completing common, simple transactions such as changing a beneficiary or obtaining a copy of a policy. 20 June 2018
Insurance
Insurtech start-up Fabric has secured a $10 million Series A investment from RGAx, the innovation and digital business unit of Reinsurance Group of America, Bessemer Venture Partners and Silicon Valley Bank, which provided a credit facility. 19 June 2018
Insurance
Texas Security General Insurance Agency, a subsidiary of insurance broker Brown & Brown, has acquired Texas Commercial Insurance Facilities (TCIF) and Arkansas Insurance Facilities (AIF) from Loving and Etheredge. 19 June 2018
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