Intelligent Insurer News
The latest news from www.intelligentinsurer.com
Updated: 2 hours 53 min ago
Clarity key for viable cyber risk ILS market, says CyberCube
There is already demand for alternative sources of capital and the ILS market is well placed to provide it.
Tokio Marine to sell stake in RenaissanceRe
The 3.9 percent stake in the company is worth around $334 million.
dacadoo and Swiss Life Global Solutions form global partnership
The aim is to promote healthy lifestyles in health and life insurance clients.
Aquiline Capital Partners takes majority ownership stake in Ontellus
The investment will fuel the growth of the retrieval and claims intelligence provider.
US Commercial insurance rates up 5 percent in fourth quarter
Rates continue to increase at close of 2019.
Dale Underwriting Partners launches accident and health underwriting offering
The new team members join from HDI Specialty.
Everest appoints executive vice president of Everest Insurance
He has also been promoted to president of Everest Insurance North America P&C.
Weed killer and diesel fumes take centre stage for insurers in 2020
Another potential area for claims is in respect of addiction to opioid painkillers.
Nexus Specialty to offer US admitted paper nationally for its trade credit facility
This follows the launch of Nexus Specialty as a rebrand of Equinox Global.
Neon Underwriting in run-off as parent AFG exits Lloyd’s
Move comes as subsidiary fails to meet profit targets.
Brown & Brown appoints EVP and president of its retail segment
The internal promotion is effective immediately.
Pool Re broadens SME definition to boost terrorism insurance access
Overall changes designed to cut reinsurance costs for cedants.
BGC Insurance global aerospace brokerage launches as Piiq Risk Partners
To date Piiq has hired 28 individuals in the UK and US.
Clearcover Insurance raises $50 million in Series C funding round
Clearcover’s total funding since its 2016 founding is more than $104 million.
Capsicum Re launches aviation reinsurance team
The team is led by a veteran of the aviation market.
AXA UK and Brokerbility train broking team leaders
Topics include bullying, harassment and discrimination.
Aston Lark appoints new CEO and CFO in Ireland
Appointments follow the acquisition of Wright Insurance Brokers and Robertson Low.
IUA Developing Technology Monitoring Group predicts 5G impact in 2020
The report warns of rush to market of products with minimum cybersecurity standards.
Coverys European Holdings launched with senior appointments
It will collaborate with managing general agencies in continental Europe and the UK.
Brokerage HWI recruits board director
He will lead HWI’s expansion and hiring in the insurance market.
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