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Australia's PSC Insurance to acquire Lloyd's broker Paragon for an estimated £42m
Insurance
Australian broker PSC Insurance Group is acquiring 100 percent of the share capital of Lloyd’s and London Market broker Paragon International Holdings for a base consideration of £42 million (approximately A$75 million).   25 July 2019
AIG appoints Waldner as first chief sustainability officer to lead strategy
Insurance
American International Group (AIG) has created a position of chief sustainability officer to lead the development and implementation of a company-wide sustainability strategy.   25 July 2019
MGAguard unveils new tech-driven platform targeting hospitality and taverns industry
Insurance
Florida-based MGAguard, a new technology-enabled platform for specialty insurance underwriting, has commenced operations targeting the hospitality and taverns industry.   25 July 2019
Insurance
Analytics and insurance software provider Qomplx, formerly known as Fractal Industries, has secured $78.6 million Series A financing led By Cannae Holdings and Motive Partners.   24 July 2019
Insurance
Property/casualty insurer Kingstone Companies has decided to no longer underwrite commercial liability risks following a review by its new chief executive Barry Goldstein.   24 July 2019
Insurance
Broker Willis Towers Watson has launched a new data and analytics tool for aerospace insurance that is designed to help mitigate risk and improve underwriting outcomes.   24 July 2019
Insurance
Beazley reported “strong premium growth” and margins in many lines of business that looked “healthier than they have in some years” as the firm published its 2019 six months results.   24 July 2019
Insurance
As Boris Johnson was confirmed as the new British Prime Minister, after Conservative party members chose their leader yesterday, many commentators pointed to the immense challenges he has ahead, not least his wafer thin majority in Parliament.   24 July 2019
Insurance
Specialist insurer Hiscox has developed a new insurance cover for ships seized by a foreign government, in response to what it sees as a growing threat amid heightened political tension globally.   24 July 2019
Insurance
US-based specialty insurance brokerage Alliant has expanded its New York-based property and casualty team with the addition of Thomas Clark as senior vice president.   24 July 2019

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