News
Beach snapped up by Acrisure
Acrisure is to acquire the independent reinsurance broker Beach & Associates.
Allianz buys European units of Das for €38m
Allianz will buy European business subsidiaries of legal protection insurance provider Das for €38m (£33.6m).
US Reinsurance outlook remains negative, says AM Best
AM Best is maintaining a negative outlook for the US property and casualty reinsurance sector due to continued pressure on property catastrophe rates.
Insurtech Dinghy secures $1.2m funding round
On demand insurer Dinghy has secured a $1.2m round of funding led by Balderton Capital, which also backed pay-as-you-go insurer Zego.
AGCS appoints new claims chief
Allianz Global Corporate & Specialty has appointed Lars Vissing as regional unit London head of claims.
JLT appoints Lucy Clarke as broking CEO amid restructure
JLT has appointed Lucy Clarke as CEO of its worldwide broking arm, as part of a restructure of the business.
Dual names M&A head and director of corporate development
Dual, the underwriting arm of the Hyperion Group, has named Justin Ansell as head of M&A in the UK.
Munich Re covers Easyjet for flight cancellation
Munich Re and Easyjet have teamed up on a flight cancellation insurance product.
Hood names Homer non-executive chairman
Andy Homer has been appointed non-executive chairman of Hood Group.
Cunningham Lindsey promotes and replaces Singapore CEO
Global loss adjuster Cunningham Lindsey has promoted Singapore CEO Robert Williams.
Mok swaps Aon for Nova in Hong Kong
Kenneth Mok has left Aon Hong Kong for local broker Nova Insurance.
Aon appoints Edward Smerdon as head of legal and technical
Aon has appointed Edward Smerdon as head of legal and technical within the financial and professional services division of its Global Broking Centre.
Anna McEntee to head up BGL's Frontline business
BGL Group has appointed Anna McEntee to lead its Frontline business, marking the conclusion of the consolidation of senior leadership team in the company’s Insurance Distribution and Outsourcing division.
Millions of travellers being encouraged to fake illness, says ABTA
Almost 10 million Britons have been approached about making a compensation claim for being sick while on holiday, according to the Association of British Travel Agents.
LV makes two senior hires ahead of Allianz partnership
LV has appointed Richard Hoad as director of new markets and Cheryl Binnis as group strategy and insight director.
Industry welcomes incoming Justice Secretary David Gauke
Both insurers and personal injury lawyers have welcomed the appointment of David Gauke as Justice Secretary.
Thomas Miller appoints former Zurich UK boss as COO
Thomas Miller has appointed Ann Haugh as chief operating officer, with immediate effect.
Sequant Re goes into liquidation
Specialist Bermudian reinsurer and insurance-linked securities investment start-up Sequant Re Holdings, is to liquidate its business having struggled to raise sufficient capital.
Liberty appoints head of European claims
Liberty Specialty Markets has appointed Renske Franken-le-Clercq as head of European claims for commercial and specialty business written in LSM’s European branches outside London.
Simon Price to lead M&A at XL Catlin
XL Catlin has appointed Simon Price as head of mergers and acquisitions, EMEA.
Fresh capital to make reinsurance rate rise short-lived
New capital entering the reinsurance sector will wash away any relief gained from rate rises at January renewals, Aon Benfield has said.
Axis to consolidate Lloyd’s business into Syndicate 1686
Axis Capital has initiated plans to consolidate its Lloyd’s business into Axis Syndicate 1686.
Fidelis promotes Richard Coulson to CUO
Fidelis Insurance has promoted Richard Coulson to the position of chief underwriting officer of Fidelis Underwriting.
Gary Hoffman to take Hastings chairman role, van der Meer promoted to CEO
Mike Fairey is to retire as chairman of Hastings Group, with CEO Gary Hoffman set to take over the role.