TigerRisk Partners LLC, the Stamford, Conn.-based re/insurance broker, announced that Marc Beckers has been named partner and head of EMEA. Beckers, most recently head of Aon Benfield ReSolutions EMEA, is one of Europe’s foremost experts on non-traditional risk-transfer structures and …
The performance of the commercial automobile segment continued to deteriorate through third quarter 2017, according to a new A.M. Best report. Commercial auto has been a sore spot in the property/casualty for several years. Commercial auto insurers have tried to …
Willis Re, the reinsurance business of Willis Towers Watson, the global advisory and broking company, has upgraded its cyber risk portfolio modeling tool PRISM-ReTM to include “silent cyber.” Willis Re defines “silent cyber” as potential cyber-related losses resulting from insurance …
Dominic Christian, executive chairman of Aon Benfield International, has been appointed chair of ClimateWise, an organization that aims to help the insurance industry respond to the risks and opportunities of the climate-risk protection gap – the growing divide between total …
There is a fundamental need for reform and modernization, particularly in the London market. We should be electronically processing all lines of business, not just specialty classes. Of course, we should look at ubiquitous electronic placement too. So what can …
Deutsche Bank and digital insurance broker Friendsurance have formed a partnership designed to make it simpler and more transparent and convenient for clients to arrange for their insurance needs. To drive this, Deutsche Bank said it will integrate Friendsurance’s digital …
Hub International Ltd. (Hub), the Chicago-based insurance brokerage, announced it has acquired a property and casualty insurance book of business from Montreal broker Daniel Picard. Terms of the acquisition were not disclosed. Daniel Picard’s property and casualty insurance book of …
Hurricanes Harvey, Irma and Maria represented the first real test of the staying power of the alternative capital sector, which has responded with a show of strength by continuing to fund reinsurance capacity, according to a report published by Aon …
London-based broker Beach & Associates announced Acrisure LLC has agreed to acquire 100 percent of the company’s equity from existing shareholders. These shareholders include Aquiline Capital Partners, a private equity firm led by Jeff Greenberg, as well as current and …
As part of its ongoing restructuring and simplification program, Zurich Insurance announced an agreement to sell its UK student insurer Endsleigh to insurance broker A-Plan Holdings. The financial terms of the deal, which is subject to regulatory approval, were not …
