News
Insurance
The deal between TransRe and Gen Re that will see the former help the latter access the broker markets in the US looks like a win-win for both parties—but the proof of this pudding may be in the eating. Mike Sapnar and Ken Brandt from TransRe explain to Intelligent Insurer how the deal will work, what it means for cedants and how they plan to avoid any pitfalls. 23 October 2016
Insurance
Insurance firm Beazley is expanding its fine art and specie capabilities through the hire of two Lloyd’s underwriters in the field, Mark Bosshard and Scott Sellick. 18 May 2016
Insurance
Ironshore’s Pembroke Managing Agency has entered into a management agreement with Old Mutual Group to underwrite select specialty lines for African risks. 16 June 2016
Insurance
Lloyd’s fined Amlin Underwriting Limited (AUL) £630,000 for breaches of the Lloyd’s Premium Trust Deed (PTD) and for failings in its response to those breaches. 3 April 2017
Reinsurance
The re/insurance industry holds high expectations for blockchain technology as an opportunity to increase efficiency of insurance processes, and the future is beginning to take shape with the launch of new platforms and products. Intelligent Insurer reports. 4 December 2018
Insurance
Insurance solutions provider Ageas has said that it will use artificial intelligence (AI) technology across its motor claims management, working in partnership with technology specialist Tractable. 18 May 2017
Insurance
Four insurers have been selected by the South Australian Government to provide compulsory third party (CTP) insurance in South Australia from 1 July, 2016. 7 December 2015
Insurance
A group of investors led by Matthew Sackett, the former senior vice president of national sales for K&K Insurance and former president and CEO of Leisure Sports Specialists, has announced the formation of DOXA Insurance Holdings. 13 April 2016
Insurance
Matt Hodges-Long, founder of insurtech start-up TrackMyRisks, has warned insurers to stop sending email attachments and start sharing information with their customers instead. 26 September 2017
Insurance
Alleghany president Weston Hicks bets on investments outside of re/insurance to boost profitability. Hicks sees little upside from buying back shares, and the company’s $1 billion in relatively liquid assets gives it the flexibility to take advantages of opportunities such as market hardening, if they come to fruition. 29 March 2017
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