February ‹ 2017 ‹ Press Releases

Feb

2017

StarStone almost doubles profits in tough market

Posted on 27th February 2017 by Gavin Warren and has No comment

StarStone, the global specialty insurer and subsidiary of Enstar Group Limited (Enstar), today announced net earnings including non-controlling interests of US$42.8m for the year ended December 31, 2016, as reported by Enstar. Full year financial highlights · Net earnings of $42.8 million (2015: $23.2 million) · […]

Feb

2017

Skuld announces 11% growth in 2017 P&I renewals

Posted on 27th February 2017 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, today announces a positive outcome from renewals, with an 11% increase in mutual P&I gross tonnage year-on-year from 2016 to 2017, net of de-selections and lost business. Following the renewals, which were completed on 20 February, Skuld’s mutual P&I tonnage […]

Feb

2017

Asta invests in new London and Dubai reinsurance MGA – Arma Underwriting Limited

Posted on 27th February 2017 by Gavin Warren and has No comment

Asta, the leading Lloyd’s third party managing agent and specialist MGA investor, is pleased to announce it has agreed a transaction to finance the development of Arma Underwriting Limited. Asta will take a minority equity stake in Arma and will also support the company’s infrastructure including finance and IT. Arma received ‘in principle’ approval from the Dubai Financial Services Authority on 19 February, and remains subject to approval […]

Feb

2017

Change of leadership at Skuld Copenhagen

Posted on 24th February 2017 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, is pleased to announce the appointment of Krester Krøger Kjær as head of Skuld Copenhagen. Krøger Kjær succeeds Helle Lehmann who, after eight years in the role, has decided to step down and pursue new opportunities. Until this appointment on […]

Feb

2017

Ascent hire supports healthcare expansion

Posted on 24th February 2017 by Gavin Warren and has No comment

Ascent Underwriting, the specialist niche-product managing general agent, has appointed Ben Wilson as healthcare underwriter with immediate effect. Reporting to chief underwriting officer Gareth Tungatt, Wilson will support Ascent in meeting growing demand for its Medical Billings product, which combines cover for errors and omissions arising […]

Feb

2017

Organisations’ cyber controls are “not fit for purpose”

Posted on 22nd February 2017 by Gavin Warren and has No comment

Cyber-risk security controls that meet international standards like CSC20 might not be fit for purpose. This is one of the findings of “The relative effectiveness of widely used risk controls and the real value of compliance” report, a white paper produced by the University of Oxford […]

Feb

2017

Ed expands property and casualty division with appointment of Namik Gulsun

Posted on 14th February 2017 by Gavin Warren and has No comment

Ed, the global reinsurance, wholesale and specialty broker, today announces the appointment of Namik Gulsun as head of international property and casualty. Gulsun will work alongside James Venton, head of US property and casualty. He takes up his role with immediate effect and will report to […]

Feb

2017

Christopher Gray joins Sompo Canopius Re

Posted on 13th February 2017 by Gavin Warren and has No comment

Sompo Canopius Re today announces the appointment of Christopher Gray as head of P&I reinsurance, effective immediately. Christopher, who joins from Swiss Re, reports to Andy Gladwin, global head of marine treaty. Sompo Canopius Re already plays a leading role in the worldwide marine and specialty […]

Feb

2017

Novae appoints Dan Trueman as Chief Innovation Officer

Posted on 9th February 2017 by Gavin Warren and has No comment

Novae Group plc (Novae), the specialist listed Lloyd’s insurer, today announces Dan Trueman has been promoted to Chief Innovation Officer. He retains his position as head of cyber and will report directly to Rob Forster, Chief Underwriting Officer. This follows the decision to create a specific […]

Feb

2017

Ed appoints Marine & Energy Reinsurance Managing Director

Posted on 8th February 2017 by Gavin Warren and has No comment

Ed, the global reinsurance, wholesale and specialty group, today announced the appointment of Andy Wakefield as Managing Director – Marine and Energy Reinsurance. He will take up his role later on this year and will report to Kieran Angelini-Hurll, CEO, Reinsurance. Wakefield brings over 25 years’ […]

Feb

2017

Horizon bolsters board

Posted on 8th February 2017 by Gavin Warren and has No comment

Horizon (UW) Ltd., the specialist underwriting agency for high value homes, announces the appointment of Wendy Travers as underwriting director and board member, effective March 1st. Travers, who has senior-level underwriting experience across a broad range of product lines, joins Horizon from Covea, where she served […]

Feb

2017

Gallagher unveils bespoke manufacturer cyber solution to close market coverage gaps

Posted on 7th February 2017 by Gavin Warren and has No comment

Arthur J. Gallagher has responded to the ‘perfect storm’ facing manufacturers — a rising risk of cyber-attacks, coupled with increased vulnerability and largely excluded exposures — by designing and developing a bespoke policy to more effectively transfer their unique cyber risks. Backed by A-rated Lloyd’s capacity […]

Feb

2017

Iain Davie joins QuanTemplate to strengthen London market proposition

Posted on 6th February 2017 by Gavin Warren and has No comment

QuanTemplate Technologies Ltd. (“QuanTemplate”) announces the appointment of Iain Davie as senior solutions architect with immediate effect. Reporting to co-founder and CEO Adrian Rands, Davie will strengthen QuanTemplate’s ability to meet increasing demand for its data integration and analytics services. He will assist London market clients […]