Search | The Insurer TV

News

People Moves

Landau named IIS president

Joshua Landau has been named president of the International Insurance Society (IIS) and Pacific Insurance Conference (PIC), following the retirement of IIS president and CEO Mike Morrissey.

Wed 1 Jul 2020

News

IRB proposes new ninth board member and confirms reinsurance exec role

IRB Brasil Re has put forward former Gen Re executive Hugo Daniel Castillo as the proposed ninth member of its board.

Wed 1 Jul 2020

Insurers to pay $46.8mn settlement under Weinstein bankruptcy plan

News

D&O

Insurers to pay $46.8mn settlement under Weinstein bankruptcy plan

Insurers have agreed to pay $46.8mn under a bankruptcy plan for The Weinstein Company (TWC), which includes a $18.9mn settlement agreed with New York’s attorney general for women who experienced sexual misconduct and workplace harassment by Harvey Weinstein.

Wed 1 Jul 2020

NFP names former USI exec Wood as Southwest MD

News

People Moves

NFP names former USI exec Wood as Southwest MD

David Wood, who most recently was an executive vice president at USI, has joined NFP as a managing director for NFP’s Southwest offices.

Wed 1 Jul 2020

Airmic welcomes Lloyd’s proposal for systemic risk reinsurer

News

COVID-19

Airmic welcomes Lloyd’s proposal for systemic risk reinsurer

UK risk management association Airmic has welcomed proposals outlined by Lloyd’s for “black swan” reinsurance schemes to protect businesses from catastrophe events beyond the Covid-19 pandemic.

Wed 1 Jul 2020

Jensten Group acquires Lloyd’s construction broker Senior Wright

News

M&A

Jensten Group acquires Lloyd’s construction broker Senior Wright

PE-backed Jensten Group – formally Coversure Insurance Services – has acquired independent wholesale and retail broker Senior Wright for an undisclosed sum.

Wed 1 Jul 2020

TigerRisk announces Paszylk and Denbigh hires from Aon

News

People Moves

TigerRisk announces Paszylk and Denbigh hires from Aon

TigerRisk Partners has appointed Francis Paszylk as partner and head of its London casualty practice as well as confirming Oliver Denbigh as partner in its London retro practice.

Wed 1 Jul 2020

Hallmark largest US-listed P&C faller in H1 as shares slide 80%

Analysis

COVID-19

Hallmark largest US-listed P&C faller in H1 as shares slide 80%

Hallmark Financial was the largest faller in H1 among The Insurer’s universe of US-listed P&C carriers and brokers, with its stock down over 80 percent fuelled by uncertainty over its future and continued investor disquiet over heavy losses compounded by broader Covid-19 fears.

Wed 1 Jul 2020

Direct Insurance Group swoops on Cobra’s Graham as liability head

News

People Moves

Direct Insurance Group swoops on Cobra’s Graham as liability head

Direct Insurance Group – the UK intermediary and MGA manager - has named Andy Graham as head of specialist liability within its Lloyd’s broker division, Direct Insurance London Market (DILM).

Wed 1 Jul 2020

News

People Moves

Sompo GRS forms new European team

Sompo Global Risk Solutions has expanded its capabilities through retail brokers into UK and European markets with the formation of a new team, Sompo GRS Europe.

Wed 1 Jul 2020

Lemonade raises IPO price range to $26-$28

News

Capital raising

Lemonade raises IPO price range to $26-$28

Renters insurtech Lemonade has raised the pricing range of its initial public offering to between $26 and $28 per share, up from the $23 to $26 range provided last week.

Wed 1 Jul 2020

SRG to acquire MS Amlin’s Insolvency Risk Services

News

M&A

SRG to acquire MS Amlin’s Insolvency Risk Services

Specialist insurance broker Specialist Risk Group (SRG) is to acquire Insolvency Risk Services (IRS), a division of MS Amlin.

Wed 1 Jul 2020

News

Construction

Marsh JLT Specialty names Johnson UK construction chair

Marsh JLT Specialty has promoted head of global contractors Mike Johnson to chairman of the UK construction, infrastructure & surety practice, succeeding Tim Smith who is retiring after more than 30 years in the business.

Wed 1 Jul 2020

Sedgwick rebrands Malaysia operations in latest Asia push

News

M&A

Sedgwick rebrands Malaysia operations in latest Asia push

Carlyle Group-backed Sedgwick has renamed its Malaysia operations – Maphilindo International – under the Sedgwick brand in a move designed to bolster the loss adjuster’s position in the Asia Pacific market.

Wed 1 Jul 2020

News

RKH and Ageas partner on land and estates insurance scheme

Hyperion-owned RK Harrison and general insurer Ageas UK have penned a five year agreement for a land and estates insurance scheme.

Wed 1 Jul 2020

News

People Moves

Lockton looks to WTW for Brazil CEO

Lockton has named Willis Towers Watson’s José Otávio Sampaio as CEO of its Brazil operations as the US broker seeks to strengthen its footprint in the region.

Wed 1 Jul 2020