April ‹ 2018 ‹ Press Releases

Apr

2018

Tokio Marine Kiln appoints Anna McNamara as group chief operating officer

Posted on 30th April 2018 by Mazin Shammas and has No comment

Tokio Marine Kiln (TMK), the leading provider of specialist and corporate insurance, has appointed Anna McNamara as group chief operating officer (COO) with effect from 26 April. As Group COO Anna will lead the strategy and management of all TMK group operations activities across the business. […]

Apr

2018

Salisbury poison incident and attendant financial losses expose insurance gap

Posted on 30th April 2018 by Mazin Shammas and has No comment

Pool Re, the terrorism reinsurance pool, today announces the publication of its latest Terrorism Frequency Report, which analyses recent terrorist trends and their significance to the UK insurance community. This edition includes a discussion of the attack against Sergei and Yulia Skripal, and the economic impact […]

Apr

2018

Pool Re publishes unique study on terrorism trends in advanced markets over 25-year period

Posted on 30th April 2018 by Mazin Shammas and has No comment

Pool Re, the terrorism reinsurance pool, today announces the publication of its latest Terrorism Frequency Report, which coincides with the 25th anniversary of the reinsurer’s foundation. The report assesses terrorism trends in advanced markets from 1990 to 2016 through the lens of those (re)insuring terrorism over […]

Apr

2018

Pool Re appoints GC Securities to explore ILS options

Posted on 25th April 2018 by Mazin Shammas and has No comment

Pool Re today announced that, following a competitive RFP, it has appointed GC Securities, a division of MMC Securities LLC, as its insurance linked securities (ILS) advisor and placement agent. This partnership will enable Pool Re to further assess its options from the ILS market, including […]

Apr

2018

Tokio Marine Kiln (TMK) launches Intellectual Property insurance in France, Belgium and Luxembourg

Posted on 25th April 2018 by Mazin Shammas and has No comment

TMK, the leading international underwriting business, today announced the launch of a specialist Intellectual Property (IP) insurance product in France, Belgium and Luxembourg. TMK already provides IP insurance to clients in the UK, US and several continental European markets through its London and Frankfurt offices. TMK’s […]

Apr

2018

BMS continues energy expansion with senior hires

Posted on 24th April 2018 by Mazin Shammas and has No comment

BMS Group Limited (“BMS”), the independent specialist insurance and reinsurance broker, today announces the appointment of Kristina Juul and Richard Force as divisional directors in BMS’s growing energy division. Both will report to James Chicken, newly-appointed managing director, energy, who joins BMS in August, following completion […]

Apr

2018

LMA report finds widespread use of cyber exclusions in many classes

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

The Lloyd’s Market Association (LMA) has produced a report for its members, ‘Cyber Risks & Exposures Model Clauses: Class of Business Review’. The report includes a comprehensive review by class of non-affirmative and affirmative coverage and commonly used exclusions. In most classes covering physical damage losses, […]

Apr

2018

Alesco adds top industry broker to 50-strong construction team

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

Alesco Risk Management Services (Alesco) — the specialist insurance and risk management broker – today announces the appointment of Martin Hiller as chairman of the business’ UK construction team. Hiller will join Alesco later this year and will report to John Thompson, managing director of construction. […]

Apr

2018

TMK in strategic agreement with Australian Insurtech firm Evari

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

Tokio Marine Kiln (TMK), the leading specialist and corporate insurance business, today announced a strategic agreement with Australian Insurtech firm Evari. The agreement will allow TMK to access Evari’s digital insurance platform and on-demand products in the Australian market. The Perth-based firm has developed insurance for […]

Apr

2018

AXIS launches Cyber Center of Excellence

Posted on 16th April 2018 by Mazin Shammas and has No comment

Addressing the more than $445 billion cost that companies incur each year due to the threat of cybercrime and cyberattacks, AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS”) (NYSE: AXS) today announced the launch of the AXIS Cyber Center of Excellence. It will provide a broad […]

Apr

2018

Argo Group appoints Giovanni Tucci to lead Ariscom

Posted on 13th April 2018 by Mazin Shammas and has No comment

Argo Group International Holdings, Ltd. (NASDAQ: AGII), an international underwriter of specialty insurance and reinsurance, today announced the appointment of Giovanni Tucci as Managing Director of Ariscom following the recent acquisition by Argo Group in March 2018. Tucci takes up his role on April 30 and […]

Apr

2018

Asta strengthens actuarial capabilities with appointment of Laura McMaster

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

Asta, the leading third party managing agent at Lloyd’s, today announces the appointment of Laura McMaster as deputy chief actuary. She takes up her role on 16th April and will report to Richard Barke, chief actuary. McMaster brings a decade and a half of actuarial experience […]

Apr

2018

Compre poised for growth under Bridger and Lawson

Posted on 11th April 2018 by Mazin Shammas and has No comment

Compre, the independent legacy acquirer, announces today that Will Bridger and Mark Lawson have taken over as joint CEOs from Compre co-founder Nick Steer. Under the co-CEO-ship of Bridger and Lawson, Compre is set for strong, sustained growth, drawing on the leadership strengths and combined experience […]

Apr

2018

ArgoGlobal strengthens accident and health division with appointment of Paul Blunden as medical class underwriter

Posted on 11th April 2018 by Mazin Shammas and has No comment

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announced the appointment of Paul Blunden as medical class underwriter. Blunden takes up his role immediately and will report to John Moffatt, head of specialty. Blunden brings more than 30 years of industry experience to ArgoGlobal. […]

Apr

2018

TMK promotes Alex Dugand to regional managing director, Asia

Posted on 5th April 2018 by Mazin Shammas and has No comment

Tokio Marine Kiln (TMK), the leading provider of specialist and corporate insurance, today announced the promotion of Alex Dugand to regional managing director, Asia. Dugand takes up the role with immediate effect and will report to James Dover, group chief financial officer, TMK. In this new […]

Apr

2018

LMA announces new Board members for 2018

Posted on 3rd April 2018 by Mazin Shammas and has No comment

The Lloyd’s Market Association (LMA) has announced four successful candidates for membership of its Board, following the recent nomination process. Effective from the AGM on 31 May 2018, one new and three re-appointed Board members are: David Croom-Johnson, Managing Director, Aegis Managing Agency Ltd (newly appointed) […]