financial lines insurance News

Chubb Buys Renewal Rights of DUAL Asia’s Financial Lines Portfolio

Chubb announced the completion of the agreement for the transfer of renewal rights of DUAL Asia’s financial lines portfolios in Hong Kong and Singapore. Chubb will be purchasing the business assets including the intellectual property and underwriting models from DUAL …

People Moves: Tysers’ Allen to Oneglobal Bermuda; MS Amlin Promotes Wallington for Specialty Re; Kessler Named Chair of Insurance Europe’s Reinsurance Advisory Board

Allen appointed as Head of Financial Lines for Oneglobal Bermuda Oneglobal Broking, the London-based specialist broker, announced that Christina Allen will join Oneglobal Bermuda as head of Financial Lines. Allen will report to group CEO, Mike Reynolds, and will officially …

People Moves: Newland Joins Miller as Head of Renewable Energy; Aon’s McKenzie to BMS in Australia; Dasgupta to Lockton Re

This group of International People Moves covers appointments at three brokers: Miller, BMS and Lockton Re. A summary of these new hires follows here. Miller, the London-based independent specialist re/insurance broker, announced the appointment of Rhys Newland as head of …

BMS Names Madell as Director in New Financial Lines Division

BMS Group, the independent specialist re/insurance broker, announced the appointment of Chris Madell as director in BMS’ new Financial Lines division, effective immediately. Madell will be based in London, reporting to Ian Gormley, managing director of the BMS Global Risks …

Insurer Beazley Launches Cyber and Financial Lines Insurance in Colombia

Specialist insurer Beazley has launched a suite of cyber and financial lines insurance products to protect against the risks facing businesses and senior executives in Colombia. Beazley has tailored an information security and privacy (InfoSec) policy that protects against a …

Profile: MGA Nexus Group Sets Sights on U.S. Growth, Even During COVID-19 Crisis

Nexus Group, the UK-based managing general agent, is looking to the U.S. for growth opportunities, despite the raging COVID-19 crisis. “With the political landscape and Brexit, it was an obvious choice for us to focus our attention on the U.S.,” …

AGCS Appoints Williams as Global Head of Financial Lines, Replacing Poncin

Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz Group, has appointed Shanil Williams as global head of Financial Lines, effective Nov. 15, 2019. He succeeds Bernard Poncin, who will leave AGCS to pursue other opportunities …

Liberty Specialty Markets Taps Brodu from AIG as Head of Financial Lines, France

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announced the appointment of Antoine Brodu as head of Financial Lines, France, with immediate effect. Brodu joins LSM from AIG France, where he spent 13 years, most recently as client …

AXA XL Appoints Fumagalli as Head of International Financial Lines, Europe

AXA XL Insurance announced the appointment of Simona Fumagalli as head of International Financial Lines, Europe, based in Milan. In her new role, Fumagalli will be responsible for developing the business line’s underwriting strategies and product offering for Europe. In …

Sompo International Taps Pützer from Amlin as Head of Financial Lines in Germany

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty re/insurance, announced that Udo Pützer has joined the company’s European insurance platform as head of Financial Lines Insurance in Germany. Pützer is based in the company’s Düsseldorf office …