U.S. Tech Firm Operates 100% Autonomous Semi Truck on China Highway August 5, 2021 A semi truck with driverless technology successfully completed a demonstration in busy traffic on a highway in an economic center...
People Moves: Fidelis Names Mathias as Director of Underwriting, Murfet as CRO; OneGlobal Hires BMS’ Bowring for Energy Casualty, Bermuda August 5, 2021 This edition of International People Moves covers two promotions at the insurer Fidelis and a new hire at broker OneGlobal...
Naspers Invests in Online Insurer Naked as Part of South African Investment Push August 5, 2021 By Loni Prinsloo Naspers Ltd. is backing online insurance company Naked as part of a commitment to invest almost $100 million in tech...
London Is Struggling to Lure Back Workers, Says CEO of Legal & General August 5, 2021 By Benjamin Robertson and Mark Cudmore The head of one of the UK’s largest insurers and investors warned that the City of London is struggling far...
While Aon and Willis Were Focused on Merger, Marsh Attracted Producer Talent August 5, 2021 By L.S. Howard While Aon and Willis Towers Watson were trying for many months to land their merger, their competitors were able lure...
Goldman Sachs-Backed Aston Lark Acquires UK Broker Plester Group August 4, 2021 Aston Lark, the London-based insurance broker backed by Goldman Sachs, announced the acquisition of Plester Group. Established in 1964 and...
Beazley Launches Suite of Life Sciences’ Insurance in Asia Pacific August 4, 2021 Specialist insurer Beazley has launched a suite of covers to protect organizations within Asia Pacific’s rapidly expanding life sciences sector....
McLarens Acquires Canadian Loss Adjusting Firm MGB Claims Consultants August 4, 2021 McLarens, the Atlanta-based independent insurance services provider, announced the acquisition of MGB Claims Consultants Inc., a complex commercial claims adjusting...
Sale of Willis Re Still Possible After Collapse of Aon Merger, Gallagher Deal August 3, 2021 By Alwyn Scott Insurance broker Willis Towers Watson PLC said on Tuesday it is weighing strategic alternatives for its reinsurance unit, Willis Re,...
Zurich Insurance Nearing Deal to Buy Deutsche Bank’s Italian Advisers Unit: Sources August 3, 2021 By Sonia Sirletti and Jan-Henrik Förster Zurich Insurance Group AG is nearing a deal to buy Deutsche Bank AG’s Italian financial promoters network, according to people...