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IGI’s Jabsheh praises 2018 results ‘solid performance’ as net profit up 237%

Intelligent Insurer News - 25 March, 2019 - 15:41
International General Insurance Holdings chief executive officer Wasef Jabsheh lauded the insurer’s “solid performance” as the company's net profits rose substantially in 2018.

AI insurtech omni:us taps ex-Univé CEO Heideman to drive global expansion

Intelligent Insurer News - 25 March, 2019 - 15:33
Berlin-based artificial intelligence (AI) powered insurtech start-up omni:us has appointed Joost Heideman as strategic advisor to help drive the company’s global expansion plans.

Volante hires senior underwriting trio to spearhead Canadian expansion

Intelligent Insurer News - 25 March, 2019 - 15:03
UK-based managing general agent (MGA) platform Volante Global has hired three senior underwriters to spearhead its entry into the Canadian market.

Lloyd's chief risk officer Hilary Weaver leaves after 16 years

Intelligent Insurer News - 25 March, 2019 - 14:30
Hilary Weaver, Chief Risk Officer at Lloyd’s of London, is to leave the corporation at the end of March 2019 after 16 years.

AJG’s Alesco feared ‘planned attack’ of poaching by Ross’ Ardonagh

Intelligent Insurer News - 25 March, 2019 - 11:01
The departure of four people from an Arthur J Gallagher team to join the Ardonagh group was viewed as a “planned attack”, according to John Thompson, a managing partner at Alesco, as he gave evidence in the poaching case brought by AJG.

EU regulator approves Marsh-JLT merger; date set for final completion

Intelligent Insurer News - 25 March, 2019 - 10:18
The European Commission has approved Marsh & McLennan Companies' (MMC's) acquisition of re/insurance broker Jardine Lloyd Thompson Group (JLT), conditional on the divestment of JLT's global aerospace practice.

Willis Re hires Brit's former head of claims Steve Robson in London

Intelligent Insurer News - 25 March, 2019 - 09:37
Willis Re, the reinsurance division of broker Willis Towers Watson, has hired Steve Robson as head of London market reinsurance claims.

RenRe closes $1.5bn Tokio Millennium Re acquisition; AM Best removes reinsurer from 'under review'

Intelligent Insurer News - 25 March, 2019 - 09:32
Bermuda-based RenaissanceRe Holdings (RenRe) has completed the acquisition of Tokio Millennium Re (TMR) following the receipt of all necessary regulatory approvals.

Chubb appoints accident & health division head in Singapore

Intelligent Insurer News - 25 March, 2019 - 09:08
Insurer Chubb has appointed Serene Neo as division head of accident & health (A&H) for Singapore. She will report to Scott Simpson, Chubb's country president for Singapore.

Chief Risk Officer Hilary Weaver to leave Lloyd's

Lloyd's Press Releases - 22 March, 2019 - 14:00
Lloyd's of London today announced that Hilary Weaver, Chief Risk Officer for the Corporation, will leave Lloyd's at the end of March 2019 after 16 years.

Campaigners could force 1,300 insurers to reveal fossil fuel deals

Intelligent Insurer News - 22 March, 2019 - 10:41
A petition, signed by 60 organisations, has called for more than 1,300 insurance companies that do business in California to disclose the fossil fuel projects they insure and invest in.

Allstate reveals $299m CAT losses for early 2019

Intelligent Insurer News - 22 March, 2019 - 10:13
US insurer Allstate Corporation has estimated catastrophe losses for January and February 2019 of $299 million, pre-tax ($236 million, after-tax).

Allianz Insurance promotes Gerry Ross to head of commercial motor

Intelligent Insurer News - 22 March, 2019 - 09:54
Allianz Insurance has promoted Gerry Ross to the post of head of commercial motor.

Insurtech Concirrus signs up marine expert Dieter Berg as non-executive director

Intelligent Insurer News - 22 March, 2019 - 09:46
Insurtech Concirrus has signed up Dieter Berg, former president of the International Union of Marine Insurance, as a non-executive director.

Insurtech Sherpa ‘first to use AI to insure self-employed’

Intelligent Insurer News - 22 March, 2019 - 09:20
Sherpa, a UK insurtech startup, said it is the “first to use AI” to offer a fully digital, personalised insurance for the self-employed, a fast growing demographic.

Arch appoints John Pasquesi chairman, he succeeds Constantine Iordanou

Intelligent Insurer News - 22 March, 2019 - 09:06
Arch Capital Group has appointed John Pasquesi as chairman of the board, succeeding Constantine ‘Dinos’ Iordanou in September 2019.

Insurtech firm Betterview hires Dan Shoham as chief science officer

Intelligent Insurer News - 21 March, 2019 - 16:00
Betterview, the insurtech platform provider for property transactions, has appointed Dan Shoham as its new chief science officer.

Beazley data shows email compromise incidents up 133%

Intelligent Insurer News - 21 March, 2019 - 15:02
Business email compromises accounted for nearly a quarter (24 percent) of the overall number of incidents reported to Beazley Breach Response (BBR) Services in 2018, compared to 13 percent in 2017, according to the latest figures.

Artex co-founder Peter Mullen returns as CEO

Intelligent Insurer News - 21 March, 2019 - 14:44
Peter Mullen has rejoined Artex the alternative risk management company as chief executive officer, with David McManus taking up the new role of Chairman.

Resolution Life appoints John Hele president and chief operating officer

Intelligent Insurer News - 21 March, 2019 - 11:34
Resolution Life Group Holdings has appointed John Hele president and chief operating officer.

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