News
Insurance
Artur Klinger, chief underwriting officer at the more than 90-year-old NewRe, told Monte Carlo Today that more companies are recognising the value of reinsurance once again. 11 September 2019
Insurance
CorRisk Solutions, a part of Ryan Specialty Group (RSG), has hired Donna Belvedere to lead its professional liability team, based in New York. 15 May 2019
Insurance
WR Berkley Corporation has appointed Arthur Davis as new president of Vela Insurance Services, succeeding David Jordan, who has moved to another senior leadership position at a Berkley portfolio company. 5 February 2019
Insurance
Norwegian aluminium and renewable energy company Norsk Hydro, which suffered a severe ransomware attack last week, has estimated that total losses from the incident have already reached 300-350 Norwegian crowns (nearly $40 million). 27 March 2019
Insurance
The UK’s possible departure from the UK has not had any discernible impact on appetite for deals in the UK insurance sector, with the fall in the pound making valuations attractive and quantitative easing ensuring there is plenty of money looking to be invested. 10 September 2019
Insurance
Insurance is a heavily regulated market which makes it very difficult for new entrants to severely disrupt it, according to James Willison, managing director at WCL, a technology vendor providing data transfer and messaging systems. 10 September 2019
News
Broker BMS is looking to collaborate with its suppliers and insurers to ensure it maximises the potential of insurtech solutions, and it has set up a new unit dedicated to achieving this, Adam Stafford, the chief operating officer of BMS Group, told Baden-Baden Today. 22 October 2018
Insurance
UK-based insurtech Cytora, a provider of AI-powered solutions for the commercial insurance industry, has raised £25 million funding to expand its product suite and scale into new geographies. 17 April 2019
Technology
Humans can identify exposure but at great expense, time and potentially with human errors. 22 April 2022
Insurance
Allied World North America, a subsidiary of Allied World Assurance Company, has partnered with Great Point Insurance to offer umbrella coverage in the US and Canada for small businesses through its online portal, UmbrellaPro. 4 July 2016
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