Marine
Underwriting Service Awards 2017: Winners
The leading lights of underwriting gathered last night at Post’s annual Underwriting Service Awards. The winners are below:
Former Aspen head launches Chord Re MGA
Former Aspen Re head Stefan Long has launched managing general agent Chord Re, which will underwrite on behalf of Neon Syndicate 2468.
Analysis: Cargo theft on the rise
International cargo theft has a huge impact on the frequency and severity of insurance claims and the problem is increasing.
GRP acquires Alan & Thomas Insurance Group
Investment vehicle Global Risk Partners has acquired a majority stake in Poole-based Alan & Thomas Insurance Group.
Profile: Jon Turner, Pen Underwriting
After spending the past year hiving up a dozen entities under the Pen Underwriting roof, CEO Jon Turner talks to Will Kirkman about the managing general agent’s drive to be a ‘virtual insurer’ with the firepower to invest in data analytics and new…
UK loss adjuster rankings 2017: The rankings
In the two years since Post last conducted its loss adjusting survey, consolidation has changed the market considerably. Content director Jonathan Swift takes a closer look.
Zurich's Jadav swaps the UK for Singapore
Anish Jadav has left Zurich in the UK to join the global insurer's Asia operations in Singapore.
Lockton names Willis P&C co-head to lead global marine
Lockton has hired Alistair Rivers as global head of marine and transportation.
Analysis: Modernising the market: how Lloyd’s of London is grappling with the task
Lloyd’s of London is again proving its appetite for development
Skuld and Asta launch Agora syndicate 3268
Marine insurer Skuld and third-party managing agent Asta have received in principle approval from Lloyd’s to establish Agora syndicate 3268.
Offshore energy insurance market is ‘sinking’, warns IUMI
The offshore energy insurance market is “sinking”, the chairman of IUMI's Offshore Energy Committee has warned.
International: Battling cyber crime in ports and at sea
Susanna Marsden, claims executive at the TT Club, looks at the causes of cyber crime, risks to ports and ships, as well as the practical issues affecting insurers and brokers.
EY collaborates with insurers on marine blockchain application
Global consultancy EY has been working with insurance firms, software companies, ACORD and global shipping company Maersk to provide a blockchain platform for marine insurance.
Calling all brokers, there is still time to shape the 2017 Underwriting Service Awards
Brokers, there is still time left to shape the runners and riders for this year’s Underwriting Service Awards.
Kwok moves from QBE to XL Catlin in Hong Kong
Alice Kwok has joined XL Catlin from QBE-HKSI in Hong Kong as a marine underwriter.
Fiducia opens Birmingham office and launches marine trades facility
Managing general agent Fiducia has opened a new office in Birmingham and launched a comprehensive marine trades facility for the UK regional marine market.
Markel appoints Deepika Mathur to lead entry into Indian market
Markel International has appointed Deepika Mathur to lead its entry into the Indian market.
Cunningham Lindsey appoints Stephen Foster as marine technical director
Cunningham Lindsey has appointed Stephen Foster as technical director, marine in the UK.
Green Insurance acquires marine broker Collidge & Partners
Specialist marine broker Collidge & Partners has been acquired by Bexhill-based broking firm Green Insurance Group.
This Week in Post: Outdated and out of there
I was recently lamenting shortage of space in my toy-cluttered flat and a (childless) colleague mentioned the baby cages Victorian households used to hang out of their windows. “There were mercifully few deaths,” he joked, as I gazed at an online image…
Aquila sells Vectura Underwriting stake to Nexus Group
Aquila Underwriting has sold its interest in Vectura Underwriting to the Nexus Group.
International: Marine losses
Major marine losses are flowing again as ever larger, more sophisticated ships take to the seas.
Kennedys reports an 8% increase in global turnover
Kennedys has reported an 8% increase in turnover for the financial year 2016/17 of £149.9m (2016: £138.8m).
Law firms collaborate on global network
A group of insurance law firms have joined together to create a formal network to share knowledge and delivering legal expertise and service clients across four continents.