News
Insurance
Specialist re/insurance broker BMS Group has secured a significant long-term investment from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP). 6 June 2019
Insurance
Re/insurance broker Aon has partnered with cyber risk analytics provider CyberCube to help improve its cyber aggregation risk modelling capabilities. 6 June 2019
Insurance
The Managing General Agents’ Association (MGAA) has launched an online training platform, called MGA Assess, developed in partnership with the Chartered Insurance Institute (CII). 6 June 2019
Insurance
Industry veteran Stephen Catlin has joined Motive Partners, an investment firm focused on technology companies in the financial services industry, as a member of its global advisory council. 5 June 2019
Insurance
UK-based insurance intermediary PIB Group has acquired the Cobra group of companies, taking the amount of premium placed or influenced by PIB from £550 million to £900 million. 5 June 2019
Insurance
American International Group (AIG) has promoted David McElroy, currently president and CEO of Lexington, to president and CEO of general insurance operations in North America, taking over from Lex Baugh. 5 June 2019
Insurance
Florida-based property and casualty insurance company United Insurance Holdings (UPC) has renewed its catastrophe reinsurance programmes, taking its total limit to $4 billion. 5 June 2019
Insurance
Technology-driven risk solutions provider Sedgwick has appointed Beatriz Cabrera as director of its Brazil operations, which cover several key areas of loss adjusting, including construction, engineering, energy, liability, marine and property. 5 June 2019
Insurance
Risk managers wondering how underwriters use their data to rate and review risks—and then set their rates—were given a behind-the-scenes look at how Munich Re does it, although Airmic 2019 workshop leader James Cleaver, a corporate insurance partner at the German firm, was careful not to give away all the reinsurer’s secrets. 5 June 2019
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired The Protectors Group (TPG), an Australian retail broker specialising in construction, hospitality and transport coverage for commercial and corporate clients in Greater Western Sydney. 4 June 2019
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