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Research shows careless approach to quality of D&O insurance by many private equity firms: Mactavish

3 October, 2019 - 11:04
Many private equity firms are “not placing enough focus on the quality of insurance cover” in place at portfolio companies, according to research from Mactavish, the expert on commercial insurance placement and disputes.

AXA XL launches on-demand cover for UK Uber drivers

3 October, 2019 - 10:54
AXA XL has launched on-demand cover to help Uber drivers in the UK minimise loss of earnings after an accident.

Ed Risk Solutions bags director from Price Forbes Risk Solutions Richard Laird

3 October, 2019 - 10:33
Richard Laird has joined Ed Risk Solutions as a divisional director in its Risk Solutions division, moving from Price Forbes Risk Solutions.

Tokio Marine Holdings to buy US HNW insurer Pure Group for $3.1bn

3 October, 2019 - 10:22
Tokio Marine Holdings has agreed to buy 100 percent of the outstanding shares of US firm Privilege Underwriters and its subsidiaries, known as the Pure Group, for $3.1 billion (approximately ¥ 325.5 billion).

Insurance sector sees strong business performance: CBI/PwC

3 October, 2019 - 10:11
The insurance sector is financially strong, and the number of people working in it is rising, according to the third-quarter financial services survey undertaken by the Confederation of British Industry and PwC.

Autonomous vehicles potentially worth ‘trillions’, with driverless cars in use in five or six years: AXA XL’s Copland

2 October, 2019 - 17:14
Driverless cars, or autonomous vehicles (AV), could be more widely in use in a matter of five or six years time, with the potential market worth for this technology in the trillions of pounds, Intelligent Insurer has learned.

Charles Berry takes up office as president of the Insurance Institute of London

2 October, 2019 - 16:00
Charles Berry has taken up the position of president of the Insurance Institute of London for 2019-20.

Hurricane Lorenzo hits mid-Atlantic Azores Islands and prompts warnings in Ireland

2 October, 2019 - 15:36
Hurricane Lorenzo is hitting the mid-Atlantic Azores Islands with heavy rain, powerful winds and high waves, according to media reports, which say the remnants of the storm will hit the UK and Ireland tomorrow (Thursday).

New technology helps speed up Axa’s case resolution 10-fold

2 October, 2019 - 15:25
AXA is using new digital technology that helps it resolve cases 10 times faster, and also boosts interaction with its customers.

Europeans spending more on insurance: Insurance Europe

2 October, 2019 - 11:28
Europeans are spending more on insurance, according to the latest key facts publication from trade body Insurance Europe (IE).

Everest boosts sports/leisure/entertainment offering with Aslan Risk Advisors hire

2 October, 2019 - 11:23
Everest Insurance has hired an experienced executive from Aslan Risk Advisors in Philadelphia to boost its sports, leisure and entertainment offering.

R&Q appoints KPMG exec chief restructuring officer

2 October, 2019 - 11:18
Randall & Quilter Investments Holdings, the non-life legacy insurance investor and capacity provider of US and European programme business, has hired Mike Walker, a former partner and the global head of insurance restructuring at KPMG.

Assured Guaranty acquires BlueMountain Capital; Feldstein joins board

2 October, 2019 - 11:12
Assured Guaranty US Holdings, a subsidiary of financial guaranty insurance company Assured Guaranty, has completed the acquisition of alternative asset management firm BlueMountain Capital Management.

Enstar to cover some of Zurich North America’s asbestos liabilities

2 October, 2019 - 11:08
A wholly-owned subsidiary of Enstar Group has completed a previously announced transaction to reinsure a number of the US asbestos and environmental liability insurance portfolios of Zurich North America.

Willis Re poaches Aspen Insurance exec to boost speciality unit

2 October, 2019 - 10:53
Willis Re has poached a senior executive from Aspen Insurance who joins the business as managing director & chief operating officer of Willis Re Specialty.

Markel exits Brazil insurance market following MBO at Markel Seguradora do Brasil

2 October, 2019 - 10:43
Markel International, the specialist insurer, has sold its insurance operations in Brazil to its existing executive team after a strategic review. The company’s name will be changed to NEWE Seguros.

Sedgwick reshuffles UK and EMEA leadership following integration

2 October, 2019 - 10:36
Sedgwick, a provider of technology-enabled risk solutions, has made a number of changes to its senior leadership team in the UK. The moves follow the integration of the Sedgwick business, a process that started in 2018.

RSA Luxembourg permanently appoints Rachel Conran as chief executive

2 October, 2019 - 10:16
RSA Luxembourg has appointed Rachel Conran as its chief executive, following her interim appointment to the role in August.

Law firm Clyde & Co appoints Matthew Kelsall as chief executive

2 October, 2019 - 09:14
Matthew Kelsall has been named the new chief executive of global law firm Clyde & Co as he takes over the helm from Peter Hasson who has held the role since 2005.

Sub-Saharan Africa offers long-term opportunities for reinsurers: AM Best

1 October, 2019 - 15:52
Sub-Saharan African markets remain attractive to international reinsurers taking a long-term view, according to the ratings agency AM Best.


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