International
Liberty's Matthew Moore to succeed Andrew Horton as LMG chair
Liberty Specialty Markets CEO Matthew Moore has been named as the next chair of the London Market Group.
Chaucer appoints CRO from within
James Wright will become Chaucer’s chief risk officer from April.
'Completely new ways of thinking' needed to address $1.2tn protection gap
Insurers need to make further efforts to focus on the customer and build trust if they are going to address the $1.2tn (£920bn) global protection gap, a conference heard.
Matson hints at US reinsurance M&A following Capsicum Re buyout
Capsicum Re could seek to expand its presence in the US through acquisitions, Gallagher UK broking and underwriting CEO Simon Matson has said, following the company’s acquisition of the reinsurance broker.
Ken Randall to step down from R&Q
R&Q has recruited William Spiegel as executive director and deputy group chairman ahead of co-founder Ken Randall stepping down in around 12 months’ time.
Optio buys Newbridge Risk Partners
Managing general agent Optio has bought specialist political-violence and terrorism MGA Newbridge Risk Partners for an undisclosed sum.
UK motor reinsurance rates rise by up to 35%, says Willis Re
UK motor liability reinsurance rates for some accounts rose by up to 35% in the annual January renewal season, according to Willis Re.
Blog: (We) Working through Lemonade’s IPO woes
I wasn’t surprised to see that Lemonade has reportedly shelved its plans for an initial public offering, amid troubles in investor Softbank’s portfolio.
Ardonagh explains carrier cull and alternative capital plans in APS roll out
Ardonagh has cut its carrier relationships from 940 to 700 in the past six months with an eventual target of below 200, Paul Dilley, CEO of Geo Underwriting told Post.
Peter Zaffino named AIG president
Peter Zaffino will become president of insurer AIG in the New Year.
Blog: Fail it or nail it?
Post news editor Jen Frost mulls general insurance appetite for innovation and, somewhat unintentionally, stumbles on Amanda Blanc as a common theme.
Duck Creek picks up $120m investment
Insurance software provider Duck Creek has raised $120m (£91.3m).
Lemonade hires chief marketing officer
US-based insurtech Lemonade has hired Jeff Brooks as chief marketing officer.
Analysis: We Work and Softbank saga could push insurtechs and insurers to partner up
Amid rumblings in the tech sector and trouble at We Work, which could drive more insurtechs to seek a sale to incumbents, Lemonade has reportedly put its initial public offering on hold.
Interview: William Stovin, Markel International
As Markel International gears up for more growth across its national markets business and looks to build on its presence in Europe, Jen Frost spoke to Markel International president William Stovin about the history of the business and why Brexit has…
Gallagher set to buy up Capsicum Re
Gallagher is poised to snap up the remaining 80% of Capsicum Reinsurance Brokers, having signed heads of terms with the business.
Standalone cyber uptake lags behind as insurers mitigate 'silent cyber' exposures
The perception of exposure to cyber risk in non-cyber policies dropped over the last year, according a survey conducted by Willis Towers Watson.
This week in Post: Driving out distraction
Road Safety Week marked the launch of Post’s Driving out Distraction campaign, in which we are urging the industry to pay attention and pull over rather than using hands-free devices while driving.
Auto Windscreens rolls out programme to help staff offset CO2
Auto Windscreens has launched drop-in sessions to support staff to offset their personal motoring and transport CO2 footprints through British Petroleum’s Target Neutral programme.
Aon buys insurtech Coverwallet
Aon is to buy insurtech Coverwallet, in a deal that is expected to close in the first quarter of 2020.
Risk managers warned 'more human-centred approach' needed on sustainability
Risk managers, alongside accountants and regulators, must adopt a “more human-centred approach” to tackle the risks presented by climate change, the managing director of the World Business Council for Sustainable Development has said.
Hyperion makes senior finance appointments
Hyperion has appointed a group chief finance officer and group finance director.
This month in Post: Thomas Cook-up
In a week that was dominated by personal injury fracas, the revelation that Thomas Cook self-insured against all but the “very largest” PI claims may well take the cake for biggest botch up.
Axa stops selling blockchain flight delay product
Exclusive: Axa has ceased writing its blockchain-enabled automatic flight delay product Fizzy, citing low market appetite and inadequate distribution channels.