March ‹ 2018 ‹ Press Releases

Mar

2018

Canopius appoints Rebecca Marsden as credit and political risk underwriter

Posted on 29th March 2018 by Mazin Shammas and has No comment

Canopius AG (“Canopius”) today announces the appointment of Rebecca Marsden as credit and political risk underwriter. Marsden will join Canopius later in the year from AXA Africa Specialty Risks, where she is currently political risk and credit underwriter. She has broad ranging experience across broking and […]

Mar

2018

Froese elected to LMA Aviation Committee

Posted on 27th March 2018 by Mazin Shammas and has No comment

Dirk Froese, Head of Aviation at Beazley has been elected to the Lloyd’s Market Association’s (LMA) Aviation Committee following a recent ballot at Lloyd’s. In addition, Peter Wakefield, Head of Aviation at Chaucer and Christopher Collins, Head of Aviation at Talbot, have been re-elected and all […]

Mar

2018

TMK joins forces with intelligence experts to help customers thwart cyber attacks and prepare for GDPR

Posted on 27th March 2018 by Mazin Shammas and has No comment

Tokio Marine Kiln (TMK), the leading specialist and corporate insurance business, today launched Cyber Ctrl; a new insurance and services policy to protect clients against the impact of cyber attacks. Addressing an overwhelming demand for more comprehensive coverage and prevention services, Cyber Ctrl gives businesses practical […]

Mar

2018

Argo Insurance Bermuda launches wage and hour liability insurance

Posted on 23rd March 2018 by Mazin Shammas and has No comment

Argo Insurance Bermuda, a member of Argo Group International Holdings, Ltd. (NASDAQ: AGII), an international underwriter of specialty insurance and reinsurance products, today announced the launch of its wage and hour (W&H) liability insurance product. The product is underwritten by the professional lines team in Bermuda. […]

Mar

2018

Pool Re hails Government action to close the terrorism insurance gap

Posted on 22nd March 2018 by Mazin Shammas and has No comment

Pool Re today welcomed the Government’s commitment to amend the 1993 Reinsurance (Acts of Terrorism) Act to enable it to extend its cover to include non-damage business interruption losses resulting from acts of terrorism. The reinsurer is currently restricted by the 1993 Act only to pay […]

Mar

2018

Ascent appoints James Weatherstone as non-executive chairman

Posted on 22nd March 2018 by Mazin Shammas and has No comment

Ascent Underwriting today announces the appointment of James Weatherstone as non-executive chairman, subject to regulatory approval. Weatherstone’s extensive experience in scaling international businesses will provide additional capability to Ascent to expand its global distribution base, broaden its product offering and attract high-quality talent as the business […]

Mar

2018

TMK appoints Stuart Chamberlain as senior casualty underwriter

Posted on 21st March 2018 by Mazin Shammas and has No comment

TMK, the leading international specialist and corporate insurance business, has appointed Stuart Chamberlain as senior casualty underwriter, reporting to Paul Woodward, head of UK liability (distribution) and Europe. Stuart brings extensive experience to the role and has an excellent reputation in the northern UK regional market, […]

Mar

2018

Paul Rayner to be appointed to Paraline Group Board

Posted on 21st March 2018 by Mazin Shammas and has No comment

The Paraline Group (“Paraline”), the insurance industry investor, today announces that Paul Rayner is to join the group board. In addition, he will be appointed active underwriter of Paraline Syndicate 4242 and SPA 6123 in April, subject to regulatory approval. Rayner brings over 18 years of […]

Mar

2018

Capsicum Re to serve as reinsurance broker for the IMAGIN mortgage pilot program

Posted on 20th March 2018 by Mazin Shammas and has No comment

Capsicum Re, the specialist reinsurance broker, today confirms its role as reinsurance broker working with the Arch Capital Group Ltd.’s (NASDAQ:ACGL) new Washington D.C. based subsidiary, Arch MRT, on the new mortgage credit risk transfer program, ‘IMAGIN’ (Integrated Mortgage Insurance). Working in conjunction with Arch, Capsicum […]

Mar

2018

Gallagher Bassett appoints Simon Pemberton as UK Chief Executive Officer

Posted on 20th March 2018 by Mazin Shammas and has No comment

Effective April 1st 2018, Simon Pemberton will assume the position of CEO, Gallagher Bassett UK. Current GB UK Managing Director, Nick Bonser, has announced his intentions to retire from the business after 15 years of service. Noting his strong belief that GB is poised for a […]

Mar

2018

BMS Innovation Labs launched in transformation drive

Posted on 15th March 2018 by Mazin Shammas and has No comment

BMS Group Limited (BMS), the independent specialist insurance and reinsurance broker, today announces the launch of BMS Innovation Labs, a platform to drive change and innovation within the company and the wider insurance industry. BMS Innovation Labs will focus on how to deliver the best possible […]

Mar

2018

D L Dale & Others, Syndicate 2525 strengthens underwriting team with key appointments

Posted on 14th March 2018 by Mazin Shammas and has No comment

D L Dale & Others, Syndicate 2525, the specialist employers’ and third party liability Lloyd’s insurer, is delighted to announce it has appointed Richard Frost and Richard Loader as senior class underwriters. Frost and Loader take up their roles with immediate effect and will report to […]

Mar

2018

Prosperity Life Insurance Group Announces Sale to Investor Group

Posted on 14th March 2018 by Mazin Shammas and has No comment

Prosperity to maintain its current management, strategy, distribution and employee base, while obtaining access to significant additional capital and resources to accelerate organic and inorganic growth. Prosperity Life Insurance Group, LLC, today announced that its current majority shareholders, including funds managed by Reservoir Capital Group, LLC […]

Mar

2018

ArgoGlobal strengthens casualty division with key hires

Posted on 14th March 2018 by Mazin Shammas and has No comment

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announced the appointments of Geoffrey Bull, as casualty treaty underwriter, and Jaime Garcia-Anton Lopez, as professional indemnity (PI) underwriter. Bull and Garcia-Anton Lopez take up their roles immediately. Bull will report to Stuart Dale, international casualty […]

Mar

2018

Canopius appoints new COO and CFO

Posted on 14th March 2018 by Mazin Shammas and has No comment

Canopius AG (“Canopius”) today announces two senior management appointments – Laurie Davison is appointed group chief operating officer and Nigel Meyer will become group chief financial officer. Laurie was previously chief operating officer at Exari Group, Inc. She will join Canopius in April, having spent 20 […]

Mar

2018

Gallagher deepens transportation & logistics expertise in Canada with acquisition of Palmer Atlantic

Posted on 12th March 2018 by Mazin Shammas and has No comment

Gallagher has extended its investment in Canada and strengthened its focus on building national industry practices with the acquisition of specialist commercial insurance broker Palmer Atlantic. Terms of the transaction were not disclosed. Based in Hartland, New Brunswick, Palmer Atlantic has been serving clients across the […]

Mar

2018

Pen Underwriting extends dedicated broker support with two key hires

Posted on 12th March 2018 by Mazin Shammas and has No comment

Pen Underwriting today announces two senior appointments to its business development team, to further strengthen its regional and specialist support of UK brokers. Andy Dodd joins as schemes and delegated authority business development manager, while Duncan Green has been appointed senior business development manager for the […]

Mar

2018

Centerbridge-led consortium completes Canopius acquisition

Posted on 9th March 2018 by Mazin Shammas and has No comment

Canopius today announces the completion of its acquisition by a private equity consortium led by Centerbridge Partners, L.P. (“Centerbridge”), which includes private investment firm Gallatin Point Capital LLC. Having received all necessary regulatory consents, Canopius is once again a standalone business, led by chairman Michael Watson […]

Mar

2018

LMA Marine Committee welcomes three new members

Posted on 8th March 2018 by Mazin Shammas and has No comment

Three new members have joined Lloyd’s Market Association’s (LMA) Marine Committee following a recent ballot of Lloyd’s managing agents. James McDonald (Global Head of Marine and Energy at Talbot), Richard Tomlin (Class Underwriter for Marine Property at Atrium) and Simon Mason (Head of Energy, Apollo), along […]

Mar

2018

Gallagher bolsters regional expertise in public sector & education with hire of specialist Steve Lewins

Posted on 8th March 2018 by Mazin Shammas and has No comment

Gallagher has continued its investment in building an expertise-led UK-wide public sector & education practice with the appointment of sector specialist Steve Lewins. Lewins joins Gallagher today as Client Director for Wales & West, bringing 35 years’ experience — the last 18 of which have been […]

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