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Randall & Quilter partners with Orchid Underwriters Agency

Risk sharing agreement will boost capacity to write cat-exposed markets.   8 October 2021

Insurance

The growing insurance demand for cybersecurity

Ransomware is just one of a number of growing threats to companies around the world. But how is the insurance industry responding? Swiss Re’s Maya Bundt shared her insights in Intelligent Insurer’s 1.1 Club.   7 October 2021

Insurance

Should governments get involved with cyber protection?

Cyber attacks in the US caused oil pipeline shutdowns and supply chain havoc earlier this year, evidencing the vulnerability of institutions to cyber threats. Is it time governments stepped in to protect the economy?   7 October 2021

Insurance

Canopius hires two from Assure Space to bolster space offering

It includes a joint head of space who previously worked for PartnerRe and AXA.   7 October 2021

Insurance

Resolution Life taps former EY/Goldman exec as new CFO

Earlier this year, Resolution Life completed a c.$1.6 billion equity capital raise.   7 October 2021

Insurance

Flood satellite specialist ICEYE bolsters team with former Munich Re/RMS execs

ICEYE has tracked more than 450 potential flood events globally in 2021.   7 October 2021

Technology

Bolster underwriting performance through effective pricing and governance and avoid the ‘race to the bottom’

Price has always been a central part of the insurance decision-making process. Clients want value for money and to know that they have the fullest possible coverage, but they are also highly price-sensitive. In the competitive commercial lines market, even small price fluctuations can make a huge difference to a carrier’s ability to win or keep business.   6 October 2021

Technology

Using parametric coverage to close the protection gap formed by the accelerated adoption of cloud services

There are myriad benefits for a company that is highly connected, data-driven and technology-enabled. Decisions are made faster and with greater accuracy. There is a greater reach and companies can experience sustainable growth at rates never before thought possible. But, as always, there are consequences. With technology advances have come the threat of technology downtime and business interruption with the potential to cost millions in lost revenue or worse, litigation.   6 October 2021

Insurance

Marsh appoints former Towergate exec as CEO of Commercial

He will also join Marsh’s UK & Ireland Executive Committee.   6 October 2021

Insurance

UK fraud value up since pandemic but not as much as feared by insurers: ABI

The pandemic meant big changes in rates but fraud detection rates rose.   6 October 2021

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