July ‹ 2019 ‹ Press Releases

Jul

2019

ArgoGlobal appoints John Moffatt to serve as Active Underwriter for Syndicate 1200

Posted on 29th July 2019 by Mazin Shammas and has No comment

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announced the appointment of John Moffatt to serve as active underwriter for Syndicate 1200, subject to regulatory approval. Moffatt will report to Matt Harris, group head of International operations. “ArgoGlobal continues to strengthen a growing bench […]

Jul

2019

Willis Towers Watson: InsurTech investment buoyant in Q2, 2019; Quote, Bind, Issue in focus

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

InsurTech investment worldwide continued at high levels during the second quarter of 2019, marking the fourth consecutive quarter during which total new funding commitments exceeded $1.2 billion, according to the new Quarterly InsurTech Briefing from Willis Towers Watson, a leading global advisory, broking and solutions company […]

Jul

2019

iprism promotes Kris Meadows to head enhanced BDM team

Posted on 24th July 2019 by Mazin Shammas and has No comment

iprism, the technology-driven specialist wholesale underwriting agency, today announces the promotion of Kris Meadows to lead its nationwide network of broker development managers. He retains his role as BDM – North. Prior to joining iprism in 2017 he held similar roles at Qdos Underwriting, AXA and […]

Jul

2019

Capital solutions expert, David Sinclair, appointed to support development of specialty reinsurance portfolio and investment opportunities

Posted on 22nd July 2019 by Gavin Warren and has No comment

Third Point Reinsurance Ltd. (NYSE: TPRE) (“Third Point Re” or the “Company”), today announces the appointment of David Sinclair as Senior Vice President, Marketing and Investments, effective September 2. He will report to Clare Himmer, Marketing Director, and will be based in London. Sinclair’s appointment is […]

Jul

2019

DARAG expands UK operation with acquisition of The Underwriter

Posted on 22nd July 2019 by Gavin Warren and has No comment

DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announced the acquisition of The Underwriter Insurance Company Limited (“The Underwriter”), a UK-based insurer in run-off. The transaction will be completed through DARAG Deutsche Versicherungs- und Ruckversicherungs-AG, DARAG’s German carrier, and is subject to regulatory approval. The […]

Jul

2019

Ed extends facultative expertise with Jennifer D’Arcy hire

Posted on 18th July 2019 by Gavin Warren and has No comment

Ed, the global reinsurance, wholesale and specialty broker, today announces the appointment of Jennifer D’Arcy to the new role of Executive Vice President and Head of Facultative Reinsurance. She will report to Kieran Angelini-Hurll, CEO of Ed’s reinsurance broking operations. Jennifer comes to Ed with more […]

Jul

2019

Apollo Syndicate Management appoints Nick Burkinshaw as chief underwriting officer

Posted on 16th July 2019 by Gavin Warren and has No comment

Apollo Syndicate Management (“Apollo”), the independent specialist insurer and reinsurer at Lloyd’s, today announced the creation of a new board level post of chief underwriting officer and the appointment of Nick Burkinshaw to the role, reporting to David Ibeson, CEO at Apollo. Nick Burkinshaw will oversee […]

Jul

2019

DARAG announces retrospective quota share reinsurance agreement with Protector Forsikring

Posted on 16th July 2019 by Gavin Warren and has No comment

DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announced it has entered into a retrospective quota share reinsurance agreement with Protector Forsikring (“Protector”), a listed Scandinavian insurance company. DARAG’s German risk carrier, DARAG Deutsche Versicherungs- und Ruckversicherungs-AG, is the vehicle for the transaction, which is […]

Jul

2019

Canopius continues APAC expansion with Singapore hire

Posted on 11th July 2019 by Gavin Warren and has No comment

Canopius today announces the appointment of Jamie Jeffers as underwriter, credit & political risk, Canopius Asia Pacific, effective September 9th. Jeffers will join from Willis Towers Watson, where he served as executive director, financial solutions – credit and political risk. Based in Singapore, he will report […]

Jul

2019

EC3 Brokers expands with senior appointments in US

Posted on 11th July 2019 by Gavin Warren and has No comment

EC3 Brokers announces the expansion of EC3 Brokers US, with the appointments of James Norris as chief actuary and Terry Holley as senior vice president. Norris and Holley will report to Chris Hilton, president of EC3 Brokers US, and work closely with London-based chief executive officer […]

Jul

2019

Willis Re delivers US wildfire risk underwriting insight to clients

Posted on 9th July 2019 by Mazin Shammas and has No comment

Willis Re, the reinsurance division of Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, has deployed a wildfire risk solution that can be used throughout the U.S. to assess location level wildfire risk, and how the risk correlates to the company’s […]

Jul

2019

Ed boosts Bermuda team with Carrie Kelley hire

Posted on 9th July 2019 by Mazin Shammas and has No comment

Ed, the global reinsurance, wholesale and specialty broker, today announced the appointment of Carrie Kelley as Executive Vice President, Head of Property Insurance, Bermuda. She will report to Chris Bonard, CEO of Ed Broking’s new Bermuda platform. Kelley brings more than 16 years of industry experience […]

Jul

2019

Canopius hires four in APAC growth drive

Posted on 8th July 2019 by Mazin Shammas and has No comment

Canopius today announces four appointments to its recently-established branch, Canopius Australia & Pacific in Sydney, which has also gained binding authority approval from Lloyd’s. The appointments support Canopius’ ambition to expand in the Asia Pacific region by targeting a combination of SME business via coverholders and […]

Jul

2019

Pool Re purchases pioneering terrorism NDBI retro cover

Posted on 8th July 2019 by Mazin Shammas and has No comment

Pool Re, Britain’s leading terrorism reinsurer, today announced the placement of its new retrocession programme covering non-damage business interruption (”NDBI”) losses. The programme incepted on July 5th. The Counter-Terrorism and Border Security Bill 2018, which was signed in February 2019, allows Pool Re to cover losses […]

Jul

2019

Fidelis Appoints Philip Vandoninck as CEO of Socium, its Partnership Pillar

Posted on 3rd July 2019 by Mazin Shammas and has No comment

As part of Fidelis’ four pillar strategy, Fidelis is branding its partnership pillar as Socium, and assigning a dedicated resource framework around this function. The Socium pillar will be run by Philip Vandoninck, who assumes the CEO role. Philip will have a designated teamassisting with the […]

Jul

2019

SOBC DARAG acquires Innovative Physicians Solutions RRG

Posted on 3rd July 2019 by Mazin Shammas and has No comment

SOBC DARAG today announced that it has acquired Innovative Physicians Solutions RRG in full, effective 1st July 2019. SOBC DARAG has received Vermont DFS’s approval for the transaction. Mark Tabler, the current COO of IPS, will transfer to SOBC DARAG after the sale to help with […]

Jul

2019

Reinsurers more discerning at mid-year renewals: Willis Re 1st View

Posted on 1st July 2019 by Mazin Shammas and has No comment

Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1, and July 1, 2019, renewals according to the latest 1st View renewals report from Willis Re, the reinsurance division of Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, […]

Jul

2019

Philip Smaje to join BGC Insurance Group’s new global aviation brokerage as CEO

Posted on 1st July 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 that Philip Smaje will be joining its new global aviation and space (re)insurance brokerage as Chief Executive Officer. Smaje joins Marcel Chad as the […]

Jul

2019

Apollo Syndicate Management appoints Chris Littlefair as head of reserving and analytics

Posted on 1st July 2019 by Mazin Shammas and has No comment

Apollo Syndicate Management (“Apollo”), the independent specialist insurer and reinsurer, today announced the appointment of Chris Littlefair as head of reserving and analytics, effective immediately. The newly created role is part of Apollo’s focus on the development of analytical skills and efficiency within the business. Littlefair […]

Jul

2019

The process of radicalisation and therefore its impact on the terrorist threat to the UK is evolving, finds Pool Re’s latest Terrorism Frequency Report

Posted on 1st July 2019 by Mazin Shammas and has No comment

Pool Re, Britain’s leading terrorism reinsurer, has announced the publication of its latest Terrorism Frequency Report, one of their regular reviews of the contemporary threat which is produced by Pool Re’s in-house Terrorism Risk and Analysis Centre (TRAC). The report includes an assessment of ideological trends […]