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QBE strikes strategic partnership with AI-driven insurtech Flyreel

Intelligent Insurer News - 21 July, 2020 - 14:36
The partnership will enable QBE to streamline its property inspection process without the need of a third-party.

Lloyd’s optimistic outlook for 2021 is catching, despite COVID-19 threat

Intelligent Insurer News - 21 July, 2020 - 12:22
As the historic market grapples with its transformation to greater digital use and the wide-ranging impacts of the COVID-19 pandemic, its planned changes for business and capital in 2021 offer a degree of hope that is mirrored in the market’s apparent desire for £11 billion of new business. Intelligent Insurer reports.

SME-focused insurtech Coverly 'sadly closing' for new business

Intelligent Insurer News - 21 July, 2020 - 11:06
The pay-as-you-go insurance start-up was launched in 2019 with a focus on small business insurance.

Ascent-Cove group company Optio enters A&H market

Intelligent Insurer News - 21 July, 2020 - 10:54
Optio, which comprises MGAs Cove, Ascent Underwriting and Bay Risk, expands into speciality lines of business.

PERILS lifts Australian hailstorms insured losses to A$1.8bn

Intelligent Insurer News - 21 July, 2020 - 10:42
Motor losses accounted for 47 percent of the total industry loss, while the property losses increased 44 percent to A$962 million.

Genworth agrees to pay AXA over $500m in mis-selling settlement

Intelligent Insurer News - 21 July, 2020 - 09:45
The court ruled that Genworth was obligated to pay AXA for its losses as per the terms of the sale and purchase agreement.

Markel appoints new hull and war underwriter in Asia

Intelligent Insurer News - 21 July, 2020 - 09:45
Prior to joining Markel, the executive held several positions at Marsh for seven years.

Beazley launches cyber and financial lines insurance in Colombia

Intelligent Insurer News - 21 July, 2020 - 09:44
The policies are designed to protect Colombia-based businesses against cyber, data security, and complex risks in an increasingly litigious environment.

Munich Re posts 'satisfactory' quarterly result despite high COVID-19 losses

Intelligent Insurer News - 20 July, 2020 - 16:01
The reinsurer has reported COVID-19-related losses of approximately €1.5 billion in the first half of 2020.

Lloyd’s insurer Apollo draws AXA XL duo for specie and cargo expansion

Intelligent Insurer News - 20 July, 2020 - 15:16
The company has 'identified a range of opportunities' in the specie and cargo market in line with its growth plans.

Charles Taylor unveils swathe of hires for US marine expansion

Intelligent Insurer News - 20 July, 2020 - 14:55
The insurance services firm has appointed a team of five experienced marine surveyors led by John Poulson.

CAC Specialty hires McGriff exec for financial lines practice

Intelligent Insurer News - 20 July, 2020 - 14:49
The appointee most recently led McGriff's executive risk advisors team in Texas.

New India downgraded by AM Best over 'marginal' ERM

Intelligent Insurer News - 20 July, 2020 - 14:34
New India has a dominant position in almost all lines of business in its domestic market.

GRS bolsters complex claims solutions unit with acquisition

Intelligent Insurer News - 20 July, 2020 - 14:24
The acquired firm specialises in claims across oil and gas, energy, mining, manufacturing, and real estate and litigation industries.

Berkshire's BHSI poaches head of FI Germany from Allianz

Intelligent Insurer News - 20 July, 2020 - 14:24
The appointee has over 20 years' experience spanning international insurance, underwriting, claims and product development.

DARAG signs reinsurance deal with five Hallmark subsidiaries

Intelligent Insurer News - 20 July, 2020 - 11:08
Hallmark will pay DARAG Bermuda and Guernsey $172.9 million as reinsurance premiums.

Aerospace broker Piiq plans European expansion with new entity

Intelligent Insurer News - 20 July, 2020 - 10:15
The company has secured regulatory approval to operate in France to build a European hub.

Greenberg's Aquiline backs Dutch insurance broker Quintes

Intelligent Insurer News - 20 July, 2020 - 09:54
The Dutch insurance market presents significant opportunities for continued growth and M&A activity, says Jeff Greenberg.

Fidelis hires Amlin's David Turner as head of claims

Intelligent Insurer News - 20 July, 2020 - 09:39
The executive was most recently as the global claims director responsible for all of Amlin’s regulated entities.

BLM unveils new tool to tackle fraudulent claims

Intelligent Insurer News - 20 July, 2020 - 09:38
The new tool is designed to help reduce costs for insurers through insights and intelligence.

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