Howden Acquires Independent Italian Broker Andrea Scagliarini SpA July 29, 2021 Howden, the London-based insurance broker, announced an agreement to acquire Italian broker Andrea Scagliarini SpA. Financial details of the transaction...
British On-Demand Drone Insurer Flock Raises $17 Million in Funding July 29, 2021 British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya’s Social...
Lloyd’s Plans Insurance for Electric Vehicles, Hydrogen Fuel, in Climate Change Fight July 29, 2021 Lloyd’s of London plans to develop insurance products for electric vehicles and hydrogen as part of its efforts to fight...
Aon Launches New Executive Committee Following Decision to Terminate Willis Merger July 28, 2021 Aon plc has introduced a new Aon Executive Committee (AEC), following the broker’s recent decision to terminate its $30 billion...
Peak Re to Buy Remaining 50% Stake in Caribbean Insurance Group NAGICO July 28, 2021 Peak Reinsurance Co. Ltd., a Hong Kong-based global reinsurer, announced it has reached a definitive agreement to acquire the remaining...
Claims Adjuster Global Risk Solutions Appoints 4 to Complex Claims Unit in London July 28, 2021 Global Risk Solutions Group Inc., the Miami-based P/C claims adjuster, has enhanced its Complex Claims Solutions (CCS) business unit with...
NFP in Canada and Aviation Broker Piiq Risk Form Exclusive Partnership July 28, 2021 NFP, a New York-based insurance broker and consultant, announced the formation of an exclusive strategic partnership in Canada with aviation...
World Faces Shortage of Sailors for Commercial Ships, Risking Supply Chains: Report July 28, 2021 By Jonathan Saul There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken...
Insured Losses from July Floods in Germany Could Approach $6B: AIR Worldwide July 28, 2021 AIR Worldwide, the Boston-based catastrophe modeling firm, estimates insured losses in Germany from July flooding could approach €5 billion ($6...
Global Commercial Insurance Price Hikes Moderated Further in Q2: Marsh July 28, 2021 Global commercial insurance prices rose 15% in the 2021 second quarter, continuing a stunning track record of increases but far...