Intelligent Insurer News

Inclusion is a client-facing issue, say 94 percent of respondents in a survey ahead of this week’s Dive In event.

Zurich Insurance Group has appointed Peter Giger as new group chief risk officer (CRO) and a member of its executive committee.

Starr Insurance Companies has unveiled a new structure and leadership promotions in the US western region.

Gallagher has welcomed a report from the National Cyber Security Centre (NCSC), which highlighted several issues, including theft, fraud and loss of student/employee information.

Brokerslink, a global network of independent brokers, has expanded its European operations with the addition of three regional brokers to its network.

Cyber risk quantifier Cytegic has launched its own insurance company in a move it hopes will help support the industry in tackling complex and evolving risks.

Marine liability insurer North P&I Club has made several new appointments to strengthen its protection and indemnity insurance claims leadership team following the departure of global claims director Andrew Taylor after 36 years.

Motor insurer Granite Underwriting is looking to hire 300 people to help grow its business and that of its subsidiary Acorn.

Re/insurance broker RFIB Group has been approved to transact general insurance business in Hong Kong.

California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has partnered with Zurich-based Synpulse to improve the property and casualty (P&C) underwriting process for insurers.

A new alliance aimed at building resilience to ocean risk through innovative solutions has been launched at the UN Climate Action Summit, which is a collaborative initiative between the insurance and finance sectors, governments and environmental civil society organisations.

NOVIS Insurance Company is to use Aon’s Remetrica capital modelling software for Life, Health & Pension, and is understood to be the first firm to do so in Central and Eastern Europe (CEE).

Insurtech Vouch, which describes itself as a new type of insurance company exclusively serving the early stage tech start-ups, has raised $24.5 million in Series A funding. The company's proprietary policies are backed by Munich Re.

US-based insurance broker Acrisure and investment firm Tulco Holdings have teamed up to launch Altway Insurance, a direct-to-consumer brokerage platform which is fully supported by artificial intelligence.

Insurance services firm Charles Taylor has agreed to a "compelling" takeover deal by private equity firm Lovell Minnick Partners, which it hopes will deliver attractive returns to its shareholders.

Greenlight Re Innovations has acquired a stake in Coterie Applications, a digital managing general underwriter (MGU) focusing on the small and medium-sized enterprise commercial insurance market.

As the number of financial services jobs and assets being relocated from the UK eases off, EY has suggested that this shows the sector is ready for Brexit.

Broker Arthur J Gallagher has acquired Pennsylvania-based Allied Insurance Brokers and its subsidiary Ascinsure Specialty Risk.

Munich Re-backed insurtech Inshur, a provider of commercial auto insurance for private hire drivers, has strengthened its leadership team to support its market expansion plans globally. The company currently operates in New York and the UK.

Specialist insurer QBE North America has appointed Charles Cygal as head of surety.