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Announcement

13
Feb
2019
Pioneer appoints Andrew Corton as a project cargo underwriter
Posted on 13th February 2019  by Mazin Shammas  and has No comment

Pioneer Underwriters (“Pioneer”) today announces that it has appointed Andrew Corton as a project cargo underwriter, effective 1st March. Corton will be based in London and will report to Brook Styles, underwriter in marine specialty, and will underwrite project cargo and specialist cargo risks as well […]

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12
Feb
2019
Firms better protected against terrorism: Royal Assent for bill allowing Pool Re to cover non-damage business interruption
Posted on 12th February 2019  by Mazin Shammas  and has No comment

Pool Re today welcomed Royal Assent being given to the Counter-Terrorism and Border Security Bill 2018 which will allow Pool Re to cover losses incurred if a business cannot trade or is prevented from accessing its premises in the wake of a terrorist attack. Before the […]

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12
Feb
2019
Agile appointed as StarStone partner across Australasia
Posted on 12th February 2019  by Mazin Shammas  and has No comment

Agile Underwriting Services Pty Ltd (“Agile”), the InsureTech-driven underwriting agency, today announced that it has been appointed as a representative agent for global specialty insurer, StarStone in Australia and New Zealand. Agile has been a strategic partner since StarStone launched its Australian underwriting capability in 2016.  […]

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08
Feb
2019
Channel appoints Nick Forti as Active Underwriter
Posted on 8th February 2019  by Mazin Shammas  and has No comment

Channel Syndicate 2015 at Lloyd’s (“Channel”) is pleased to announce the appointment of Nick Forti as Active Underwriter, subject to regulatory approval. He will begin this role on 19th March and will report to Stuart McMurdo, CEO of Channel. Tom Corfield remains Chief Underwriting Officer of […]

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07
Feb
2019
Ed appoints Laura Skaanild to Professional & Executive Risk Team
Posted on 7th February 2019  by Mazin Shammas  and has No comment

Ed, the global reinsurance, wholesale and specialty broker, today announced the appointment of Laura Skaanild as Client Director, Professional and Executive Risk. She will report to Paul Richards, Managing Director of Professional and Executive Risk. Laura will focus on managing and developing Ed’s client base in […]

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06
Feb
2019
LMA CEO Cameron sets out vision for a ‘seamless digital marketplace’
Posted on 6th February 2019  by Mazin Shammas  and has No comment

LMA chief executive Sheila Cameron has called for the creation of a digital re/insurance marketplace in London where processing tasks are linked seamlessly from end to end, from proposal to claims, freeing market experts to concentrate on adding genuine value for customers. Cameron said: “Our goal […]

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31
Jan
2019
elseco acquires MGA Malakite and Zurich-based airlines & products portfolio from StarStone
Posted on 31st January 2019  by Mazin Shammas  and has No comment

elseco, the high-tech specialty underwriting platform, has entered into an agreement with global specialty insurer StarStone to acquire its Dubai-based MGA, Malakite Underwriting Partners Ltd., and the renewal rights to StarStone’s Zurich-based airlines & products portfolio. Under a new strategic partnership arrangement, StarStone will continue to […]

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31
Jan
2019
Pioneer creates single global platform for Financial Institutions
Posted on 31st January 2019  by Mazin Shammas  and has No comment

Pioneer Underwriters (“Pioneer”) today announces it has unified its Financial Institutions (FI) businesses into one overarching global underwriting operation.  Richard Coello leads the global FI team which will be responsible for all FI business written by Pioneer, utilizing the same capital base to write business from […]

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31
Jan
2019
THB completes leadership transition in European division
Posted on 31st January 2019  by Mazin Shammas  and has No comment

THB, the specialist insurance and reinsurance broker, today confirms the completion of its THB Europe leadership transition. Joaquim Caria, who has been facilitating a smooth transfer of responsibility to managing director Ricardo Borges since his appointment in August, retires today after more than 40 years in […]

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29
Jan
2019
Willis Re: ILS growth to $93bn in 2018 bodes well for a continued healthy market
Posted on 29th January 2019  by Mazin Shammas  and has No comment

Growth of the ILS market continued in 2018, to reach $93 billion of outstanding non-life capital, despite a slow-down during the final quarter of the year, according to the new ILS Market Update from Willis Re, the reinsurance division of Willis Towers Watson, the leading global […]

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29
Jan
2019
Gillian Anderson promoted to Head of Technology and Cyber at Channel
Posted on 29th January 2019  by Mazin Shammas  and has No comment

Channel Syndicate 2015 at Lloyd’s (“Channel”) is pleased to announce the appointment of Gillian Anderson as Head of Technology and Cyber with immediate effect. She reports into Tom Corfield, Active Underwriter at Channel. Gillian joined Channel in June 2016. Prior to this she held roles with […]

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29
Jan
2019
Neon Italy strengthens team with senior claims appointment
Posted on 29th January 2019  by Mazin Shammas  and has No comment

Neon Italy has announced the appointment of Paolo Olivari as Claims Manager with immediate effect. Paolo will primarily focus on Hull claims and will report to Sergio Revello, CEO of Neon Italy. Paolo joins Neon Italy from Generali where he ran their Global Corporate and Commercial […]

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25
Jan
2019
Argo Group announces Graduate Training Program in Bermuda
Posted on 25th January 2019  by Mazin Shammas  and has No comment

Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance, is pleased to announce the Argo Group Graduate Training Program. Based in Bermuda, the program gives recent graduates who meet the academic criteria an unprecedented exposure to a leading insurance and […]

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24
Jan
2019
Willis Re International appoints Brian Shea as Head of Strategic and Financial Analysis
Posted on 24th January 2019  by Mazin Shammas  and has No comment

Willis Re, the reinsurance division of Willis Towers Watson, the leading global advisory, broking and solutions company (NASDAQ:WLTW) has announced the appointment of Brian Shea as Managing Director and Head of Strategic and Financial Analysis for Willis Re International. Effective 1 January 2019, Shea will continue […]

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23
Jan
2019
Lloyd’s approves Waypoint as A&H coverholder for ArgoGlobal
Posted on 23rd January 2019  by Mazin Shammas  and has No comment

Waypoint Underwriting Management, LLC today announced it has obtained coverholder approval to underwrite Accident and Health (A&H) products on behalf of ArgoGlobal Syndicate 1200 at Lloyd’s. Waypoint is a specialty managing general underwriter that offers insurance and reinsurance solutions to clients in the U.S. “This is […]

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23
Jan
2019
Ed announces 67% PPL usage rate and backs call for brokers’ PPL league tables
Posted on 23rd January 2019  by Mazin Shammas  and has No comment

Ed, the global reinsurance, wholesale and specialty insurance broker, is pleased to announce that it placed 67% of firm orders through the London market’s joint electronic placement system between August and November of 2018. Responding to PPL chairman Bronek Masojada’s call for the publication of a […]

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22
Jan
2019
DARAG announces transaction with DONAU Versicherung AG
Posted on 22nd January 2019  by Mazin Shammas  and has No comment

DARAG Group Limited, a leading legacy acquirer, today announced it has agreed to purchase a portfolio of Italian non-life business, consisting primarily of Motor Third Party Liability from DONAU Versicherung AG (“DONAU”). The transaction is subject to approval by the relevant local authorities. The transaction comprises […]

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16
Jan
2019
Willis Re: Multiple smaller catastrophes deliver average insured-loss year in 2018
Posted on 16th January 2019  by Mazin Shammas  and has No comment

Insured losses from major natural catastrophes in 2018 totalled roughly $71.5 billion, only slightly more than the annual average since 2011 but the third-highest total during the eight-year period, according to the Summary of Natural Catastrophe Events 2018 report, published today by Willis Re, the reinsurance […]

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15
Jan
2019
ArgoGlobal Assicurazioni S.p.A uses Insurtech to provide Italian Gig Workers with On-demand Insurance
Posted on 15th January 2019  by Mazin Shammas  and has No comment

ArgoGlobal Assicurazioni S.p.A, member of Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance, is working with Axieme, a specialised broker connected to Jobby, one of Italy’s most innovative digital platforms, to respond to a need for on-demand, pay-as-you-go insurance […]

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09
Jan
2019
Argo Group renews Harambee Re Sidecar for 2019
Posted on 9th January 2019  by Mazin Shammas  and has No comment

Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance products, today announced the renewal of Harambee Re Limited as Argo Group’s sidecar reinsurer for 2019. Launched in 2013, the sidecar continues Argo Group’s successful track record of building relationships with […]

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