News
Insurance
The Willis Research Network (WRN) is partnering with Mitiga Solutions to enable airlines and airports to better manage the impact of natural hazards to air traffic management and aviation operations. 18 September 2019
Insurance
US insurer Frederick Mutual has signed up for Betterview's property analytics, saying it gives them a better understanding of risk. 18 September 2019
Insurance
The ongoing global uncertainties, including the current trade tensions, will continue to impact all marine lines of business, specifically cargo and offshore energy, predicts the International Union of Marine Insurance (IUMI), which represents 43 marine market insurance and reinsurance associations globally. 17 September 2019
Insurance
London-based reinsurance, wholesale and specialty broker Ed has appointed Simon Stovell as divisional director for its risk solutions team. 17 September 2019
Insurance
Two London market veterans have launched a new body, the Commonwealth Insurance Forum (CIF), to promote the industry within the 53 countries of the British Commonwealth. 16 September 2019
Alternative Risk Transfer
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has donated some insurance-linked security (ILS) assets to ACORD, the global standards-setting body for the insurance industry. 16 September 2019
Insurance
Lloyd's managing agent Vibe Syndicate Management has closed its accident & health (A&H) and property D&F business units with immediate effect, citing "difficult market conditions". 16 September 2019
Insurance
Ratings agency AM Best has highlighted concerns about further amendments being proposed to the International Accounting Standard, IFRS 17, which seeks to reflect market values in the published financial statements of insurers. 16 September 2019
Insurance
London-based insurtech Concirrus has launched a new artificial intelligence-powered cargo data analytics solution in partnership with brokers Marsh JLT Specialty and Willis Re Specialty. The company claims it has the potential to "revolutionise" the way cargo insurance is priced, selected and managed in the industry. 16 September 2019
Insurance
New York-based NeuralMetrics, an insurtech data provider using natural language processing (NLP) technologies to power a real-time, alternative data engine for commercial lines general or property and casualty (P&C) insurance companies, has launched in the US. 13 September 2019
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