Suspected Attack on 2 Oil Tankers Near Strait of Hormuz Stokes Fears of War June 13, 2019 By Verity Ratcliffe, Anthony DiPaola and Bruce Stanley Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears...
EU Says It’s Ready for ‘Undesirable’ No-Deal Brexit, but Some Insurers Are Unprepared June 13, 2019 By Ian Wishart The European Union said it’s ready for the U.K. to leave the bloc without a deal and isn’t planning any...
Reinsurance Broker Guy Carpenter Suspends Two Over Harassing Email June 13, 2019 By Gavin Finch A Lloyd’s of London insurance broker, Guy Carpenter & Co., suspended an executive for sending a sexually suggestive email about...
BHSI Opens Office in S. Australia, Taps Holland from Chubb as Underwriting Manager June 12, 2019 Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its presence in Australia to South Australia, opening an office in...
AXIS Re Names Sweeting from Vibe Syndicate as Head of Lloyd’s Casualty Reinsurance June 12, 2019 AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the hiring of Joe Sweeting as head of...
British Hacker Gets 4 Years in Jail for TalkTalk Data Breach June 12, 2019 By Jonathan Browning A British man who hacked TalkTalk Telecom Group Plc, blackmailed executives and offered to supply customer data has been jailed...
Al Specialists omni:us and FRISS Partner to Offer Claims, Fraud Detection Services June 12, 2019 Two artificial intelligence providers — omni:us and FRISS — are teaming up to “supercharge” insurance claims management and fraud detection....
Motorbike Taxi Firms to Offer E-payment, Insurance Services in West Africa June 12, 2019 By Alexis Akwagyiram Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi...
Hub International Acquires Canada Retirement Consulting Firm Porchlight Financial June 12, 2019 Insurance broker Hub International Ltd. announced it has acquired Porchlight Financial, based in Vancouver, British Columbia. Terms of the transaction...
Lemonade’s European Expansion Begins in Germany June 12, 2019 Lemonade is making good on its promise to expand into Europe, with news that it is now open for business...