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Zurich invests in insurtech Digital Insurance Group

Intelligent Insurer News - 13 June, 2018 - 10:37
Zurich Insurance Group has co-led a €15 million funding round with Finch Capital in European insurtech firm Digital Insurance Group (DIG) to further drive its growth.

Chubb reveals financial lines leadership changes

Intelligent Insurer News - 13 June, 2018 - 10:33
Property/casualty insurer Chubb has appointed Steven Goldman as executive vice president, financial lines for its overseas general insurance division.

Liberty Mutual appoints CUO of national insurance specialty unit

Intelligent Insurer News - 13 June, 2018 - 10:33
Liberty Mutual Insurance has appointed Matt Waters to lead its national insurance specialty unit as chief underwriting officer and senior vice president.

Former AIG, Marsh and Aquiline veteran joins US broker Acrisure

Intelligent Insurer News - 13 June, 2018 - 10:33
US insurance broking group Acrisure has appointed industry veteran William Malloy as president of its specialty division.

OneBeacon restructures surety leadership, expands capacity to drive growth

Intelligent Insurer News - 13 June, 2018 - 10:33
OneBeacon Insurance Group's specialty business OneBeacon Surety Group has revealed key leadership changes in the US. The company has also expanded its surety bond capacity up to $250 million for qualifying clients.

BB&T Insurance to rebrand as McGriff Insurance Services

Intelligent Insurer News - 13 June, 2018 - 10:32
US insurance broker BB&T has rebranded its BB&T Insurance Services retail broker as McGriff Insurance Services.

Gallagher swoops for majority stake in Swiss broker Hesse

Intelligent Insurer News - 12 June, 2018 - 15:01
Insurance brokerage and risk management firm Arthur J Gallagher has acquired a majority interest in Zurich, Switzerland-based Hesse & Partner and Hesse Consulting GmbH.

Texas hailstorm losses estimated at $1bn

Intelligent Insurer News - 12 June, 2018 - 15:01
The hailstorm that spread across part of Texas on June 6 - with baseball sized hail reported in Dallas, Tarrant, and Denton counties - is estimated to result in insured losses close to $1 billion, according to Karen Clark & Company (KCC).

XL Catlin adds cyber to UK casualty offering

Intelligent Insurer News - 12 June, 2018 - 15:00
Re/insurer XL Catlin has extended its casualty insurance offering to include a cyber solution in the UK.

Everest taps new E&S casualty leader from Chubb

Intelligent Insurer News - 12 June, 2018 - 15:00
Bermuda-based Everest Re Group has appointed insurer Chubb's Eric Koppang to the Everest Insurance specialty casualty team within the excess and surplus (E&S) casualty unit.

Natural resource management important, claims new Allianz report

Intelligent Insurer News - 12 June, 2018 - 15:00
Natural resources such as clean air and fresh water are vital for businesses – and at the same time massively at risk across many industry sectors today, according to Allianz Global Corporate & Specialty (AGCS).

Pockets of optimism in Greece

Intelligent Insurer News - 12 June, 2018 - 12:39
The Greek economy has been in recession since 2010 and has the lowest level of insurance penetration in the EU. Nevertheless, there are pockets of growth and optimism, says Gerry Tighe, head of treaty at reinsurance broker MATRIX.

AXA sells whole of market healthcare broker to PE firms

Intelligent Insurer News - 12 June, 2018 - 09:58
French insurer AXA has entered into an agreement to sell its whole of market intermediary, Health and Protection Solutions, trading as The Health Insurance Group.

Brit swoops for Talbot chief operating officer

Intelligent Insurer News - 12 June, 2018 - 09:57
Specialty re/insurer Brit has appointed Michael Gould as its new chief operating officer (COO). He arrives from Lloyd's syndicate Talbot Underwriting where he has held the position of COO since 2015.

Chubb appoints new European leader following departure

Intelligent Insurer News - 12 June, 2018 - 09:57
Property/casualty insurer Chubb has appointed David Furby to lead its European region following the retirement of Andrew Kendrick.

Lloyd’s predicts France will win World Cup

Intelligent Insurer News - 12 June, 2018 - 09:57
Specialist re/insurance market Lloyd’s has predicted that France will win the 2018 FIFA World cup based on insurable value.

AmTrust appoints new group chief underwriting officer

Intelligent Insurer News - 12 June, 2018 - 09:57
AmTrust Financial Services has appointed Daniel Hickey to the role of group chief underwriting officer. Based at AmTrust’s New York City headquarters, Hickey will report directly to chairman and CEO Barry Zyskind.

Argo Group eyes $1tr construction market with new standalone unit

Intelligent Insurer News - 12 June, 2018 - 09:57
Specialty re/insurer Argo Group International Holdings is establishing a standalone underwriting business to pursue the growing construction sector. Jim Cornwell, senior vice president, will lead the new operation.

AmWINS MGA Unicorn launches SME division under LV= hires

Intelligent Insurer News - 12 June, 2018 - 09:57
US-based global broker AmWINS Group has launched a small and medium-sized enterprise (SME) division within its London-based managing general agent Unicorn Underwriting.

Willis Towers Watson survey claims uptick in US commercial lines

Intelligent Insurer News - 12 June, 2018 - 09:57
Commercial insurance prices in the US increased modestly in the first quarter of 2018, according to the latest Willis Towers Watson (WTW) Commercial Lines Insurance Pricing Survey (CLIPS).

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