MS Amlin News

Chubb, Hiscox, Tokio, Other Lloyd’s Underwriters Form Innovation Facility to Insure Emerging Risks

A group of Lloyd’s underwriters has launched a new facility with £53 million ($67.5 million) of capacity that is designed to speed up re/insurance product development for new and emerging risks. The Product Innovation Facility is led by senior underwriters …

MS Amlin Names RSA’s Vogiatzidou as Senior Marine Underwriter in Dubai

MS Amlin, the London-based re/insurer, announced the appointment of Mary Vogiatzidou to the role of senior marine underwriter. Vogiatzidou will be based in MS Amlin’s Dubai office and will be responsible for the continued development and growth of the marine …

MS Amlin Acquires Stake in Specialist Reinsurance MGA Envelop Risk

MS Amlin announced the purchase of a strategic stake in Envelop Risk, a global specialist reinsurance managing general agent (MGA), which combines insurance expertise with artificial intelligence-driven cyber risk modeling. The investment sees MS Amlin take a minority strategic stake …

MS Amlin Launches Digital Trading Platform for Agricultural Motor Insurance

MS Amlin announced an upgrade of of a digital trading solution to upgrade its “Countrywise insurance” service, which provides agricultural motor insurance for brokers and their clients in Great Britain and Northern Ireland. Accessible 24/7 from any device with an …

MS Amlin Appoints Pearce from Old Mutual as CFO

MS Amlin, the global re/insurer, announced the appointment of Iain Pearce to the role of chief financial officer. Pearce will join the business on June 3, 2019, forming part of the executive team and reporting to Simon Beale, CEO. The …

Neon Leads New London Political Risks Consortium, Offering $100M Limit Per Policy

Specialist Lloyd’s insurer Neon announced it will lead a newly established London Political Risks Insurance Consortium, with MS Amlin becoming a joint agreement party. Spearheaded by Neon’s recently promoted head of Specialty, Nicholas Robinson, the consortium has been created in …

MS Amlin Launches Comprehensive All-Risks Policy for UK Tech Sector

MS Amlin, the specialist global re/insurer, has launched a comprehensive all-risks policy designed for the technology sector in the UK, which is called Technology Combined. The product provides companies with cover against a range of different perils and the sections …

MS Amlin Creates Bermuda-Based Reinsurance Sidecar, Viribus Re

MS Amlin, the London-based specialist re/insurer, announced that a Bermuda-domiciled special purpose reinsurer, Viribus Re Ltd., has been created to provide collateralized capacity support for MS Amlin Syndicate 2001’s global reinsurance portfolio in 2018. Viribus Re Ltd has entered into …

Beale to Succeed Philipps as CEO of MS Amlin

MS Amlin announced that Simon Beale, MS Amlin’s chief underwriting officer, will succeed Charles Philipps as CEO on April 1, 2018. With immediate effect Simon Beale will become deputy CEO, James Illingworth will become chief underwriting officer and Martyn Rodden …

Growing List of Re/Insurers Make Decisions on Post-Brexit EU Headquarters

Everest Re Group Ltd. has said its Dublin-based unit has received approval from the Central Bank of Ireland to become a non-life insurer, joining a growing list of insurers setting up regulated EU operations in case Britain does not have …