Intelligent Insurer News

Insurance veteran Stephen Catlin and Paul Brand have launched a new specialty re/insurer focused on complex risks with an initial capital commitment of $1.8 billion, and an "exceptional group" of underwriting experts.

Insurer AXA UK has unveiled plans to restructure its claims operations in a move that is expected to place several roles across claims sites at risk of redundancy.

CLS Risk Solutions, the legal indemnity and transactional property risk MGA for the CLS group, has secured Tom O’Connor as its new CEO.

Specialty re/insurer Canopius is launching a new office in Sydney, Australia as part of its strategy to expand in the Asia Pacific region.

The British Insurance Brokers’ Association (BIBA) has launched an intellectual property insurance scheme in partnership with specialist underwriting agent Opus Underwriting.

In the face of economic sluggishness and regulatory change, the Cayman funds industry has marched steadily on—and looks set to prosper for many years to come, says Jarrod Farley of Carey Olsen.

While artificial intelligence (AI) and robotics have helped insurers improve their operations and increase efficiency, it has also introduced new risks relating to trust, ethics, security and safety, a new Lloyd's report has suggested.

Lloyd’s Lab, the experimental development hub for Lloyd’s of London, has unveiled its second cohort of 12 teams, which include AI, gig economy, and language processing innovators.

Broker Willis Towers Watson has appointed a number of asset management experts in its FINEX financial institutions practice to further expand its offering globally.

Munich Re-owned specialist engineering and technology insurer HSB Engineering Insurance has launched a new online trading platform for brokers.

Broker Willis Towers Watson has appointed Christophe Meurier as global head of financial solutions, succeeding Paul Davidson who will continue as chairman of the business unit.