Launch ‹ Press Releases

Feb

2018

LMA launches Claims Development Pathway

Posted on 20th February 2018 by Gavin Warren and has No comment

The Lloyd’s Market Association (LMA) today launches the Claims Development Pathway, a new interactive training and development tool that will provide support to claims professionals in the Lloyd’s market, at every stage of their careers. Modernising claims at Lloyd’s is a high priority for the LMA […]

Feb

2018

Pool Re launches terrorism risk self-assessment tool to reduce costs for insureds

Posted on 14th February 2018 by Gavin Warren and has No comment

Pool Re, the UK terrorism reinsurer, today announced the launch of the Vulnerability Self-Assessment Tool (VSAT). This resource, aimed at medium and large businesses, will enable Pool Re member insurers to offer a 5% premium discount to insureds which implement proven and effective risk mitigation measures. […]

Feb

2018

Starstone launches crisis management division following trio of hires

Posted on 12th February 2018 by Gavin Warren and has No comment

StarStone, the global specialty insurer, today announces the launch of a crisis management division, following several appointments. The newly-formed division is based around and strengthens StarStone’s existing war and terrorism division. It will offer war and terrorism re/insurance and credit and political risks insurance. James Hannan […]

Feb

2018

London market Single Claims Agreement Party Model goes live

Posted on 1st February 2018 by Gavin Warren and has No comment

A transformational new model that will simplify how claims within the London market are handled is launched today in an effort to improve client service and streamline claims agreement across the London market. The Single Claims Agreement Party model will enable quick and efficient authorisation of […]

Jan

2018

Pioneer launches new product to address cyber risk for investment managers

Posted on 18th January 2018 by Gavin Warren and has No comment

Pioneer Underwriters hosted a breakfast briefing at which, with the help of industry experts, they launched a unique product that addresses the specific needs of investment managers in relation to cyber exposure. The breakfast briefing saw Philip Tansley, Legal Director at Reynolds Porter Chamberlain and co-founder […]

Jan

2018

Pioneer launches Latin American operation to access regional business

Posted on 8th January 2018 by Gavin Warren and has No comment

Pioneer Underwriters (‘Pioneer’), today announces the launch of its Latin American business with the opening of a regional hub and the appointment of four highly regarded insurance professionals as Senior Vice Presidents. The move is consistent with group strategy to access local business that is placed […]

Nov

2017

LMA Aviation Committee welcomes new legislation for drones

Posted on 28th November 2017 by Gavin Warren and has No comment

The Lloyd’s Market Association (LMA) Aviation Committee has welcomed government proposals for drone legislation, which was set out in a statement on 26 November by the Aviation Minister, Baroness Sugg. The proposed legislation, due to be published in spring 2018, will place new responsibilities on owners […]

Nov

2017

Pool Re to extend cover to include physical damage from cyber terrorism from April 2018

Posted on 28th November 2017 by Gavin Warren and has No comment

Pool Re, the terrorism reinsurance pool, today announces that, from April 2018, it will extend its cover to include material damage and direct business interruption caused by acts of terrorism using a cyber trigger. The cover, which will exclude intangible assets, will be offered as standard […]

Nov

2017

Canopius launches new drilling well sidetrack product

Posted on 15th November 2017 by Gavin Warren and has No comment

Sompo Canopius AG (“Canopius”) today announces that it has launched a new drilling well sidetrack (DWST) product. A unique new product that responds to the specific needs of upstream energy clients, DWST provides cover for a range of potentially very expensive critical well scenarios that are […]

Nov

2017

Dale Underwriting Partners Special Purpose Arrangement receives Lloyd’s approval

Posted on 13th November 2017 by Gavin Warren and has No comment

Dale Underwriting Partners, managed by leading Lloyd’s third party managing agency Asta, is delighted to announce that its special purpose arrangement (SPA) has received approval from Lloyd’s. The SPA will reinsure a portfolio of contingency and specialty property business, underwritten into Dale syndicate 1729 by a […]

Nov

2017

Alize a newly approved actuarial and underwriting reinsurance services company, has officially launched in Bermuda

Posted on 13th November 2017 by Gavin Warren and has No comment

Using proprietory analytical and actuarial tools, Alize will work with brokers and intermediaries to advise on the planning and structuring of marine, energy and aerospace reinsurance programmes for their customers. Alize has a strategic alignment with Artex Risk Solutions (Bermuda) Ltd. and have structured a facility […]

Nov

2017

Pioneer launches Property E&S operation with the appointment of David Phillips

Posted on 6th November 2017 by Gavin Warren and has No comment

Pioneer Underwriters (‘Pioneer’) is pleased to announce the launch of its new Property E&S operation. The team will be led by David Phillips, based in Alpharetta, Georgia. David brings over two decades of property insurance experience to Pioneer. David began his property facultative career in 1991 […]

Nov

2017

Blenheim to commence accident and health and specialty reinsurance lines

Posted on 1st November 2017 by Gavin Warren and has No comment

Blenheim Underwriting Limited has today announced the launch of accident and health and specialty reinsurance divisions in line with its recently approved 2018 business plan. Blenheim has appointed Nick Faux to develop its accident and health portfolio. Blenheim has also appointed Stephanie Hunt to its specialty […]

Oct

2017

Pioneer responds to market needs with unique offering for Specialty Contractors

Posted on 12th October 2017 by Gavin Warren and has No comment

Pioneer Underwriters today announced the introduction of higher primary General Liability (GL) policy limit options for specialty contractors. Limits have been raised to $2mn each occurrence; $4mn general and products/completed operations aggregate limit and $2mn personal and advertising injury limit, which further compliments their already comprehensive […]

Oct

2017

Brokerslink launches cyber risk management and insurance facility PoCydon

Posted on 11th October 2017 by Gavin Warren and has No comment

Brokerslink and Safeonline today announced the launch of a new cyber risk management and insurance facility, PoCydon, which offers a three-prong attack on cyber perils. Firstly, MS Amlin’s market leading cyber insurance wording, which is backed up with active risk monitoring and threat detection services provided […]

Oct

2017

Willis Re announces digital move to further develop globalREmarket placement platform

Posted on 6th October 2017 by Gavin Warren and has No comment

Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ: WLTW), today announced its intention to further develop an online placement platform that will enhance how it transacts with markets. The platform, globalREmarket (formerly X-gRm), is a state of […]

Sep

2017

Ascent targets SMEs with cyber policy nil deductible

Posted on 18th September 2017 by Gavin Warren and has No comment

Ascent Underwriting, the specialist niche-product managing general agent, is further targeting SME business by offering nil deductible / zero excess options on all cyber insurance policies globally. It will be available to all new and renewal SME clients that opt to use Ascent’s expert panel of […]

Sep

2017

StarStone launches ESCAPE 1-2-3 broker platform

Posted on 7th September 2017 by Gavin Warren and has No comment

StarStone, the global specialty insurer, has today launched ESCAPE 1-2-3, an online broker platform designed to dramatically simplify product access and improve the profitability of wholesale brokers. ESCAPE 1-2-3 builds on the success of StarStone’s award-winning broker portal ESCAPE. Launched in 2010 for US wholesale brokers […]

Sep

2017

BMS launches BMS Iberia

Posted on 6th September 2017 by Gavin Warren and has No comment

BMS Group Limited (“BMS”), the independent specialist insurance and reinsurance broker, today announces the launch of a new European venture, BMS Iberia. The operation will be spearheaded by recently-appointed directors Fernando Claro in Madrid and Domingo Albi in Seville, and will report to BMS M.D. & […]

Aug

2017

Brokerslink launches risk management forum

Posted on 25th August 2017 by Gavin Warren and has No comment

Brokerslink announces the launch of its inaugural risk management forum to be held on Thursday 28 September, during the annual Brokerslink global conference in Marrakech. The forum will host risk management professionals from Asia, EMEA, Latin America, USA and Canada, who will discuss market trends in […]

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