August ‹ 2018 ‹ Press Releases

Aug

2018

Canopius signs partnership with Anvil Underwriting Ltd

Posted on 31st August 2018 by Mazin Shammas and has No comment

Canopius today announces that it has signed a partnership with Anvil Underwriting Ltd (Anvil) a credit and political risk MGA. The agreement is effective from 3rd September and will allow Anvil to underwrite credit insurance, contract frustration and political risks on behalf of Canopius. Through its […]

Aug

2018

New professional body for global Marine Warranty Surveyors

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

The Society of Offshore Marine Warranty Surveyors (SOMWS), a new professional body for individuals in this specialist field, is to launch on 18 September. This follows work by London’s Joint Rig Committee (JRC) to standardise insurers’ approach to the appointment of marine warranty surveyors (MWS), and […]

Aug

2018

Sheila Cameron to be next CEO of Lloyd’s Market Association

Posted on 28th August 2018 by Gavin Warren and has No comment

Sheila Cameron, currently Head of International Operations at Navigators Underwriting Limited, is to become the next CEO of the LMA following the announcement that David Gittings will be stepping down at the end of the year after 12 years in the role. Sheila currently has responsibility […]

Aug

2018

Canopius strengthens underwriting support capability with credit and political risk appointment

Posted on 28th August 2018 by Gavin Warren and has No comment

Canopius today announces the appointment of Sean Redden as underwriting counsel for its specialty division,with a specific focus on credit and political risk. This is a new London-based role, which reports to Bernie de Haldevang, head of specialty. Redden, a qualified lawyer, is an experienced legal […]

Aug

2018

Argo Appoints Marsh Duncan to Lead U.S. Specialty Programs

Posted on 27th August 2018 by Gavin Warren and has No comment

Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance, today announced the appointment of Marsh Duncan to serve as senior vice president U.S. Specialty Programs, effective immediately. In this role, he will lead the company’s strategy to offer customized insurance […]

Aug

2018

Beat Capital Partners and Paraline UK to merge

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

Beat Capital Partners (“Beat”) and Paraline UK are pleased to announce that they are to merge to enhance and further build Beat’s platform to support independent underwriting businesses. As a result of this merger, Paraline Group, a Bermuda-based insurance holding company, will join Neon Holdings Ltd. […]

Aug

2018

Joint Hull Committee appoints new Chairman

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

Paul Newton has been appointed as chairman of the Joint Hull Committee (JHC), succeeding Peter Townsend, who stepped down in June. Paul is Head of London Marine Hull & Liability Underwriting at AXA Corporate Solutions. The Joint Hull Committee comprises underwriting representatives from both the Lloyd’s […]

Aug

2018

Syndicate 2525 appoints London market claims manager

Posted on 20th August 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 the appointment of Nick Ryan as London market claims manager. Syndicate 2525 is managed by Asta Managing Agency. Ryan joins from QBE where he spent 17 […]

Aug

2018

DARAG continues strategic expansion with appointment of James Halley as Group CFO

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

DARAG, the leading legacy acquirer, today announces that James Halley has been appointed Group CFO, effective 3rd September and pending regulatory approval. Halley’s appointment is part of an ongoing strategic upscaling. It follows the appointment of Tom Booth as CEO and the completion of a €U260m […]

Aug

2018

Capsicum Re adds two to market leading cyber division

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

Capsicum Re, the specialist reinsurance broker, is pleased to announce the latest hires to its rapidly expanding cyber division. Jasper Goring joins as a cyber broker and Prab Naidu as wordings director, both with immediate effect. They are based in London reporting into Ian Newman, global […]

Aug

2018

Lloyd’s agencies want ILS as a permanent re/insurance market fixture, LMA survey finds

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

80% of Lloyd’s managing agents who responded would “like to see Insurance Linked Securities (ILS) products become a permanent fixture in the re/insurance market” according to a survey by the Lloyd’s Market Association (LMA). As a follow up to an event run by the LMA and […]

Aug

2018

DARAG announces joint venture, SOBC DARAG, to assist US market expansion and makes first US acquisition

Posted on 13th August 2018 by Gavin Warren and has No comment

DARAG, the leading legacy acquirer, and SOBC, the US-based run-off specialist, today announce the formation of a joint venture, SOBC DARAG, in Delaware, to support DARAG’s expansion into the US and Bermuda/Caribbean run-off markets. The joint venture combines the experience and strong capital access of DARAG […]

Aug

2018

StarStone Launches Australian Casualty Consortium

Posted on 13th August 2018 by Gavin Warren and has No comment

StarStone, the global specialty insurer, today announces the launch of a new casualty consortium targeted at the Australian and New Zealand markets. The consortium is led by StarStone’s Mark Hunt and has begun underwriting effective immediately. StarStone’s Lloyd’s coverholder in Australia (StarStone Underwriting Australia Pty Limited) […]

Aug

2018

Tokio Marine Kiln announces latest Lloyd’s syndicate results and forecasts

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

Highlights Open years for Syndicates 510 and 557 showing small improvements due to reductions in the ultimate loss estimates for Hurricanes Harvey, Irma and Maria. Syndicates 510 and 557 remain forecasting a loss for the 2017 year of account reflecting the US hurricane losses Tokio Marine […]

Aug

2018

Gallagher strengthens UK construction expertise within Specialty business with senior industry hire

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

Gallagher has continued its investment in specialty expertise with the appointment of Julie Scott FCII into its expanding construction division. Julie, who joins with immediate effect, will have a specific focus on business development in the UK construction market. Bringing more than three decades’ experience in […]

Aug

2018

THB appoints European operations director in expansion move

Posted on 1st August 2018 by Mazin Shammas and has No comment

THB, the specialist insurance and reinsurance broker, today announces the appointment of Ko Bertelkamp as operations director of THB Europe, effective immediately. Ko Bertelkamp will be based in Amsterdam and report to Ricardo Borges, managing director, THB Europe. The appointment follows last month’s announcement of the […]