June ‹ 2019 ‹ Press Releases

Jun

2019

Apollo bolsters political risk expertise with senior appointment

Posted on 27th June 2019 by Mazin Shammas and has No comment

Apollo Syndicate Management (“Apollo”) today announced the appointment of William Steeds as senior political risk underwriter for Syndicate 1969, effective immediately. He reports to Chris King, head of crisis management at Apollo. Steeds joins Apollo with more than 20 years’ experience in the industry, having begun […]

Jun

2019

Ed receives regulatory approval and begins operations in Bermuda

Posted on 25th June 2019 by Mazin Shammas and has No comment

Ed, the global reinsurance, wholesale and specialty broker, has received regulatory approval from the Bermuda Monetary Authority for its new operation in Bermuda. Ed Bermuda will provide its full range of multiline broking services, backed by the advanced application of technology through TradEd, its proprietary trading […]

Jun

2019

Peachtree Casualty Insurance Company completes its first assumption of legacy business, looks to complete more in 2019

Posted on 24th June 2019 by Gavin Warren and has No comment

Peachtree Casualty Insurance Company (“Peachtree”) has completed its first assumption of legacy liabilities since it was acquired by SOBC DARAG in November 2018. Stephanie Mocatta, CEO of SOBC DARAG said: “We are delighted to have completed this Assumption of a block of legacy business. Since we […]

Jun

2019

MPS, Everest Insurance and Asta form Lloyd’s medical malpractice partnership

Posted on 21st June 2019 by Mazin Shammas and has No comment

The Medical Protection Society (MPS) is to partner with global insurer Everest Insurance and Asta, the leading Lloyd’s third-party managing agency, to establish a Lloyd’s Special Purpose Arrangement (SPA) that will enhance MPS’s ability to indemnify corporate healthcare entities through innovative products and partnerships. In-principle approval […]

Jun

2019

Argo Adopts AVYST Technology to Improve Distributor Experience

Posted on 17th June 2019 by Mazin Shammas and has No comment

Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance, has adopted insurtech that enables MGAs, wholesalers and independent brokers to submit, quote and bind risks seamlessly, without paper or error. Argo has deployed AVYST’s bi-directional forms system, eForms Wizard, making […]

Jun

2019

BGC Insurance Group to establish new global aviation brokerage – Marcel Chad to be President

Posted on 17th June 2019 by Mazin Shammas and has No comment

BGC Insurance Group (BGCI), a division of BGC Partners Inc. (NASDAQ: BGCP), a leading global brokerage and financial technology company, today announced plans to launch a specialist global aviation and aerospace (re)insurance brokerage. Marcel Chad will be President of the planned new BGCI brokerage. The new […]

Jun

2019

EC3 Brokers MEA appoints regional director of treaty

Posted on 14th June 2019 by Mazin Shammas and has No comment

EC3 Brokers MEA announces the appointment of Serge Calfa to the newly-created role of regional director of treaty. Based in Dubai, Calfa joined on 1 June from Munich Re and will report to the senior executive officer Steve Hart. Calfa has more than two decades of […]

Jun

2019

Compre announces trio of acquisitions

Posted on 14th June 2019 by Mazin Shammas and has No comment

Compre, the independent (re)insurance legacy specialist, today announces it has signed three transactions involving Basler Versicherung AG (Baloise), Helvetia Swiss Insurance Company Ltd. (Helvetia), and an undisclosed European insurance group. Compre has acquired each company’s share of the Gibbon Pools, which comprise insurance and reinsurance business […]

Jun

2019

Pioneer appoints Andrew Souter as head of capital

Posted on 13th June 2019 by Mazin Shammas and has No comment

Pioneer Underwriters (“Pioneer”) today announces that it has appointed Andrew Souter as head of capital at Pioneer, effective 19 August and reporting to Andrew McMellin, Pioneer CEO. As head of capital, Souter will be responsible for the capital and reinsurance purchasing functions within Pioneer, as well […]

Jun

2019

IRLA recognises Legacy Awards winners

Posted on 12th June 2019 by Mazin Shammas and has No comment

The Insurance and Reinsurance Legacy Association (“IRLA”) today announced the winners of the IRLA Services to Legacy Award and the Young Professional Award. These industry awards were presented at the Annual Congress in The Grand Hotel, Brighton. Geraldine Quirke of Bryan Cave Leighton Paisner was presented […]

Jun

2019

BMS partners with BitSight to provide cyber risk analysis services

Posted on 11th June 2019 by Mazin Shammas and has No comment

BMS Group (“BMS”), the independent specialist (re)insurance broker, today announces a partnership with BitSight, the Standard in Security Ratings, to provide cyber risk analysis services to BMS clients across all lines of business as part of BMS’s consultancy offering. BitSight’s market-leading security ratings platform provides the […]

Jun

2019

IRLA celebrates fundraising success with more than £11,000 raised for MIND

Posted on 11th June 2019 by Mazin Shammas and has No comment

IRLA Congress delegates participate in iDrop from the BA i360 The Insurance and Reinsurance Legacy Association (“IRLA”) today announced in excess of £11,000 was raised as part of a fundraiser for mental health charity MIND at the IRLA Congress in Brighton. The annual gathering of IRLA […]

Jun

2019

Argenta Underwriting Asia expands Singapore Team with hire of Simon Wilmot-Smith

Posted on 10th June 2019 by Mazin Shammas and has No comment

Argenta Underwriting Asia Pte Ltd (AUA), a wholly owned subsidiary of Argenta Holdings Ltd and regional coverholder for Syndicate 2121, managed by Argenta Syndicate Management Ltd, has strengthened its underwriting team in the Asia Pacific region with the appointment of Simon Wilmot-Smith who has joined its […]

Jun

2019

iprism FD hire completes senior team

Posted on 10th June 2019 by Mazin Shammas and has No comment

iprism, the technology-driven specialist wholesale underwriting agency, today announces the appointment of Manuela Roncalli as finance director, effective immediately. Roncalli brings more than 20 years of experience to iprism and will be responsible for its finance, risk & compliance and HR functions. She previously served as […]

Jun

2019

BMS secures long-term investment from BCI and PCP

Posted on 5th June 2019 by Mazin Shammas and has No comment

BMS today announces an agreement for a significant investment by affiliates of British Columbia Investment Management Corporation (“BCI”) and Preservation Capital Partners (“PCP”). The investment, which values BMS at £500m, is subject to regulatory approvals and is expected to close in the third quarter. The BMS […]