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The Lloyd’s Market Association (LMA) has appointed three new members to its board of directors for 2019, who will serve a term of three years. 15 May 2019
Insurance
Castel Specialty, a division of club-style MGA formation platform Castel Underwriting Agencies, has launched a new e-trade solution to address complex and unusual small business risks. 15 May 2019
Insurance
Specialty managing general agent (MGA) Nexus Group has appointed former Lloyd’s Asia Pacific president Tony Egerton as CEO of Nexus Asia, and Huntington Group managing director Gerard Pennefather as its non-executive chairman. 14 May 2019
Insurance
Amid the ongoing dispute with activist shareholder Voce Capital Management, Argo Group has made another plea for investors to back its nominees ahead of its Annual Meeting of Shareholders while also clarifying that a reduction in the size of its board was a pre-planned move and not one prompted by the pressure being applied by Voce. 14 May 2019
Insurance
PartnerRe has completed a second transaction with The Manufacturers Life Insurance Company (Manulife) to reinsure longevity risk for an in-force block of Canadian individual payout annuities. 14 May 2019
Insurance
London-based regtech firm REG, which provides technology-driven risk management solutions for the general insurance industry, has secured £2.4 million in its latest funding round. 14 May 2019
Insurance
Bermuda-based AXIS Capital Holdings has partnered with cyber security start-up accelerator CyLon to help companies mitigate their cyber risks. 14 May 2019
Insurance
Specialist credit and political risk insurance broker BPL Global has appointed Donnie DiCarlo as executive vice president. He joins after 10 years as senior vice president of Marsh’s credit specialities group. 14 May 2019
Insurance
Specialist managing general agency (MGA) and Lloyd’s coverholder Ensurance has launched a new terrorism and sabotage offering in the UK, with US and Australian markets to follow later this year. 14 May 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings is targeting the life sciences industry with its new insurance offering to be led by senior vice president Todd Lauer. 14 May 2019
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