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Insurance
Barbican launches new quote and bind system
London-based Barbican Insurance Group has launched a new policy quote and binding portal to enhance its ability to efficiently bind new business via selected distribution channels.   24 April 2017
Insurance
Chubb appoints COO of North America major accounts
Property/casualty insurer Chubb has appointed Matt Merna as chief operating officer (COO) of its North America major accounts division, which serves the risk management segment of large US and Canada-based companies.   21 April 2017
Insurance
Allied World adds drones services to risk management offerings
Swizerland-based property and casualty re/insurer Allied World Assurance Company Holdings has included drones services to expand its risk management offerings.   21 April 2017
Insurance
The unhealthy path of reinsurance as described by Willis Re’s Vickers
The performance of the reinsurance sector shows a clear trend of deterioration as the soft market squeezes profitability. While traditional reinsurers return capital to shareholders due to a lack of profitable business opportunities, alternative capital remains keen for opportunities to invest – potentially making the situation worse, suggests James Vickers, chairman of Willis Re International.   21 April 2017
Insurance
Willis Towers Watson boosts global FINEX business leadership
Broker Willis Towers Watson has strengthened its global FINEX business with several key leadership appointments.   20 April 2017
Insurance
Profits almost triple at R&Q as growth and acquisitions hit bottom line
Profits at Randall & Quilter, the Bermuda based specialist non-life insurance investor, almost tripled last year on the back of it completing 15 legacy transactions during 2016 and further net reserve releases from insurance companies in run-off.   20 April 2017
Alternative Risk Transfer
Aon Securities claims ILS market stronger than expected
The insurance linked securities (ILS) market is already facing a better first half of the year than it saw over the same period of 2016, according to Paul Schultz, CEO of Aon Securities.   20 April 2017
Insurance
Towergate backers snap up Ryan Specialty's UK insurance services unit
Ryan Specialty Group has agreed to the sale of its UK insurance services and claims management subsidiary Ryan Direct Group (RDG) to Nevada Investments, an investment vehicle backed by Towergate Insurance owners HPS Investment Partners and Madison Dearborn Partners (MDP).   19 April 2017
Insurance
Hiscox replaces chief information officer with new hire from Barclays
Bermuda-based specialist insurer Hiscox has appointed Ian Penny as chief information officer (CIO) for the Hiscox Group. He takes over from interim CIO Gareth Wharton who is joining a new Hiscox cyber initiative.   19 April 2017
Insurance
Concord Specialty Risk hires exec for R&W insurance practice
Concord Specialty Risk, a transactional risk insurance and loss mitigation specialist which is a series of RSG Underwriting Managers, has appointed James Grayer as executive vice president of representations and warranty (R&W) insurance, based in New York.   18 April 2017

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