Capsicum Re Names New Chairman as Chilton Takes on New Role Within Gallagher July 10, 2020 Capsicum Re, the specialist reinsurance broker, has announced the appointment of Raja Balasuriya as its chairman. He succeeds fellow Capsicum...
Lloyd’s to Exit U.S. Admitted Market, Focus on U.S. Surplus Lines, Reinsurance July 10, 2020 Lloyd’s announced it plans to stop accepting admitted market accounts in the U.S. in a year and focus on the...
South Africa Regulator Warns Insurers to Stop Broad Rejection of Virus Claims July 10, 2020 By Roxanne Henderson A South African regulator warned insurers to stop broadly rejecting claims from businesses seeking to cover losses because of a...
Insurers Are Creating Products for World Where Pandemics Could Become New Norm July 10, 2020 By Noor Zainab Hussain Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left...
Profile: MGA Nexus Group Sets Sights on U.S. Growth, Even During COVID-19 Crisis July 9, 2020 By L.S. Howard Nexus Group, the UK-based managing general agent, is looking to the U.S. for growth opportunities, despite the raging COVID-19 crisis....
London Workers Seek Assurance Transport System Is Safe Before Returning to Offices July 9, 2020 By Huw Jones Workers in the City of London need to have greater confidence that traveling on the capital’s public transport system is...
Canadian Insurtech MGA Foxquilt Raises Seed Funding to Develop Small-Biz Platform July 9, 2020 A Canadian insurtech focused on small business insurance said it raised $3.5 million in seed financing. Foxquilt, a Toronto-based MGA...
Kovrr Develops Open Framework for Measuring Catastrophic Cyber Risk July 9, 2020 Kovrr, a cyber risk modeling company, announced it has developed an easy-to-use open framework to measure and understand catastrophic cyber...
AXA Investment Managers Sets 33% Gender Diversity Target on Company Boards July 9, 2020 AXA Investment Managers will set a 33% target for gender diversity on listed company boards in developed markets and may...
Biggest Uncertainty for UK Insurers Remains Around Business Interruption Claims: BoE July 9, 2020 By Carolyn Cohn and Huw Jones The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims,...