Announcement ‹ Press Releases

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) […]

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

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 […]

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