News

Insurance

Broker BPL Global hires King-Underwood to build reinsurance expertise

Credit and political risk insurance (CPRI) broker BPL Global has brought reinsurance expertise in-house with the appointment of Gregory King-Underwood as director and head of global reinsurance and portfolio solutions.   5 September 2019

Insurance

Hiscox appoints Joanne Musselle as new group CUO replacing Richard Watson

Bermuda-based re/insurer Hiscox has appointed Joanne Musselle as its new group chief underwriting officer (CUO), replacing Richard Watson.   5 September 2019

Insurance

Technology firm Tremor raises $10m for reinsurance expansion; adds shareholder WR Berkley

Insurance technology firm Tremor has raised $10 million in new funding, with industry veteran WR Berkley joining existing backers, including venture capitalist Anthemis Group, the lead investor.   5 September 2019

Insurance

Around £61bn of insurance to migrate from London after Brexit, report finds

London insurers are transferring as much as £61 billion of business to other financial centres in the European Union, as a result of Brexit.   5 September 2019

Insurance

RKH Specialty hires slew of senior executives from JLT Re, Willis to boost global marine business

RKH Specialty, part of the Hyperion Insurance Group, has made a series of senior hires from JLT Re, Willis and Ascot in Asia, and rebranded its Hong Kong-based marine insurance specialist FP Marine to further expand its capabilities in the sector globally.   5 September 2019

Insurance

Marsh taps digital, cyber experts from MS Amlin and Willis to leverage emerging technologies

Broker Marsh has recruited senior cyber, cryptocurrency and digital asset insurance experts from MS Amlin and Willis Towers Watson for its UK financial & professional (FINPRO) practice.   5 September 2019

Insurance

AXA XL promotes Howard to develop new UK coverholder commercial strategy

AXA XL Insurance has promoted Paul Howard to strengthen its coverholder capabilities in the UK by increasing collaborations and access to its wide product suite.   5 September 2019

Alternative Risk Transfer

PCS rolls out catastrophe loss index for Mexico

Property/casualty insurance risk information provider PCS, a Verisk Analytics business, has launched its catastrophe loss index for Mexico.   5 September 2019

Insurance

New Dawn Risk launches SME focused cyber attack product

New Dawn Risk is offering a new segmented product aimed at covering the risk of cyber attacks in the UK.   5 September 2019

Insurance

SCOR to invest €250m in new strategic plan focused on tech, new business and up to 7% GWP growth

Global reinsurer SCOR has committed €250 million investment to its new three-year strategic plan that includes goals to enhance shareholder value, make greater use of new technologies, and generate 4-7 percent growth per year.   4 September 2019

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