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Updated: 1 hour 18 min ago

Insurers struggle 'with lack of talent' and preparation for future digital workplace: Aon

24 September, 2019 - 15:12
Insurers are struggling to find the right talent to fill key technology roles, and need to involve the wider workforce in developing their IT strategy.

Broker Holmes Murphy strengthens offer with Global Captive Management acquisition

24 September, 2019 - 14:51
Holmes Murphy, the employee-owned and controlled insurance brokerage, has acquired Global Captive Management (GCM), which is licensed in Cayman Islands, as well as South Carolina and New Jersey.

GCube launches post-Brexit European hub in Amsterdam; makes senior hires from NN Group

24 September, 2019 - 14:19
Specialist renewable energy insurer GCube Underwriting has bolstered its European presence with the expansion into new offices in the Netherlands and the appointment of two senior hires from NN Group.

Davies Group acquires FWD Training and Consultancy in UK

24 September, 2019 - 14:15
Insurance service provider Davies Group has made a new strategic acquisition amid rebrand and simplification of its wider consulting operations.

Mutual insurers in good shape with higher capital adequacy ratios: Aon and Namic

24 September, 2019 - 11:54
Mutual insurance companies in the US are in strong financial shape and less leveraged than those quoted on the stock exchange.

Lloyd’s survey reveals 500 workers witnessed sexual harassment in past year

24 September, 2019 - 11:36
Lloyd’s of London has pledged to change its ways dramatically after a survey found that nearly 500 workers had witnessed sexual harassment in the space of a year.

Commercial insurtech Bold Penguin raises $32m Series B led by HSCM, Lockton

24 September, 2019 - 11:09
US-based commercial insurance technology company Bold Penguin has secured $32 million Series B funding led by Hudson Structured Capital Management (HSCM), Lightstone, Guggenheim Insurance, Lockton, existing investors and individuals from Stone Point Capital.

Hannover Re US partners with fitness app Sweatcoin to research how physical activity mitigates mortality risks

24 September, 2019 - 11:02
A joint research project to study how daily physical activity can reduce the risk of disease and extend life expectancy has been launched by Hannover Life Reassurance (Hannover Re US), part of the Hannover Re Group, and Sweatcoin a digital health app.

AmTrust launches new excess casualty operation led by Everest Re's Jeff Lynn

24 September, 2019 - 10:43
AmTrust E&S Insurance Services, a wholly-owned subsidiary of AmTrust Financial Services, has launched a new excess casualty underwriting division based in Los Angeles. It will be led by Jeff Lynn, who joins from Everest Re.

Former JLT Specialty USA chief Rice to lead newly-launched Cobbs Allen unit CAC Specialty

24 September, 2019 - 09:35
Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has hired JLT's Michael Rice II as its chief executive officer (CEO).

Travelers gains approval to transfer European business to Dublin in Brexit move

23 September, 2019 - 15:41
Property/casualty insurer Travelers Companies, which has operated in Europe for decades in the general insurance market and through Lloyd’s, is moving its European business to Dublin, Ireland in response to Brexit.

Inshur offers flexible insurance on commercial vehicles through its app

23 September, 2019 - 15:36
Inshur is offering flexible insurance for commercial car drivers through its app, claiming it is the first company so to do.

Ascent-Cove appoints Ian Beaton and rebrands as Optio

23 September, 2019 - 15:34
Ascent Underwriting, the cyber and specialty lines managing general agent (MGA), and Cove Programs, the US construction-focused MGA, have appointed Ian Beaton as a non-executive director of the group.

Swiss Re Corporate Solutions hires HDI's Francesco Semprini as head of Italy

23 September, 2019 - 15:29
Swiss Re Corporate Solutions has appointed HDI Global's Francesco Semprini as head of Italy, effective November 2019.

Aegon to set up international division; Asia CEO to exit amid restructure

23 September, 2019 - 15:17
Dutch insurance group Aegon is merging its Asian and Southern and Eastern European operations to establish a single international division, as part of its strategy to drive future growth.

Berkshire Hathaway Specialty Insurance enters Spain, hires leader from RSA

23 September, 2019 - 11:07
Berkshire Hathaway Specialty Insurance (BHSI) has expanded its global footprint by opening a new office in Madrid, and hired its country manager from RSA Spain.

Turkish insurers held back by underwriting losses and economic volatility: AM Best

23 September, 2019 - 11:00
Sentiment on the Turkish insurance market has become less optimistic in recent times, as it has generated poor underwriting performance for most market participants.

DARAG hires Zurich's Andrew Hill as group COO

23 September, 2019 - 10:54
European legacy acquirer DARAG Group has appointed Andrew Hill as its new group chief operating officer (COO), based in London.

Nephila looks to cut Lloyd's cost using Phinsys finance automation technology

23 September, 2019 - 10:45
In a bid to reduce the cost of doing business at Lloyd’s, Nephila Syndicate Management (NSML) has selected Phinsys' suite of software technologies to streamline its financial processes and automate statutory, regulatory and management reporting.

HDI reshuffles Italian management; managing director Semprini departs after 13 years

23 September, 2019 - 10:16
Industrial lines insurer HDI Global SE's managing director Francesco Semprini is leaving after almost 13 years by "amicable and mutual agreement" to purse new opportunities outside the company.


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