Reinsurance News
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CNA Hardy makes several appointments across Continental Europe
4th October 2022
CNA Hardy, a provider of specialist insurance solutions for commercial businesses, has announced a series of appointments as part of the company’s growth plans in Europe. Oliver Tobies joins the Cologne office as Life Science & Technology Underwriting Manager. His experience includes roles at Hiscox and Chubb. In his new role Tobies ... Read the full article
Berkshire (BHSI) promotes Anselm Waigand to Head of Risk Engineering, Germany
4th October 2022
Berkshire Hathaway Specialty Insurance (BHSI) has announced that it has appointed Anselm Waigand as Head of Risk Engineering, Germany. Waigand was previously Senior Risk Engineer at BHSI in Frankfurt, Germany, having joined BHSI in 2020. He has more than 15 years of engineering experience at major global insurers, including a 6-year spell ... Read the full article
Alta Signa appoints Radgowska as Head of Business development Central and Southeastern Europe
4th October 2022
MGA firm Alta Signa has announced its expansion into Central and Southeastern Europe (CSEE) and has appointed Paulina Radgowska as Head of Business development CSEE. Specialising in Financial Institutions, Management Liability, Professional Indemnity, Cyber Risk, and Commercial Crime insurance, the firm has successfully launched operations in Austria, Belgium, France, Germany, Italy, ... Read the full article
Cowbell launches new specialty unit
29th September 2022
Cowbell has launched a new subsidiary to be known as Cowbell Specialty. A statement from the firm said that the launch augments its current business model as Cowbell Specialty joins a reputed panel of 15 carriers and reinsurers that currently support Cowbell Prime cyber insurance programs. Paired with Cowbell Re - the ... Read the full article
Ascot unveils new MPL Business Unit
28th September 2022
Specialty re/insurance group Ascot has launched a Miscellaneous Professional Liability (MPL) to provide comprehensive coverage for a wide range of various professional service industries. With the launch of a new MPL unit, this will further broaden Ascot’s specialty product suite, which therefore will help firms to achieve the certainty and resiliency ... Read the full article
Acrisure acquires CRK Commercial Insurance Services
28th September 2022
Global insurance broker and fintech leader, Acrisure has announced its acquisition of CRK Commercial Insurance Services Limited, the specialist commercial schemes provider. The deal is expected to close at the start of October 2022. Established in 2000, CRK is a highly successful broker within the manufacturing and engineering space, under the leadership ... Read the full article
Insurance Institute of London names Lay to succeed Enoizi as president
27th September 2022
The Insurance Institute of London (IIL) has named Christopher Lay as its new president. A statement on its website said that Lay was succeeding Julian Enoizi. In addition, Lay also serves as the country corporate officer for Marsh McLennan in the UK, providing leadership for the Marsh McLennan businesses of Marsh, ... Read the full article
Brokers insist the reinsurance industry must embrace volatility and scale up: Peel Hunt
27th September 2022
Various leading brokers at the reinsurance Rendezvous insist that the industry must embrace volatility and ‘scale up’ to meet the opportunity that climate change, the widening protection gap, and the increasing demand for risk transfer of cyber and intellectual property exposures will require in the longer term, says Peel Hunt. The ... Read the full article
BHSI appoints Shane O’Neill and Ciaran Reddin to new roles in Ireland
27th September 2022
Berkshire Hathaway Specialty Insurance (BHSI) has promoted Shane O’Neill and Ciaran Reddin to the respective roles of head of property and head of professional indemnity and cyber. The firm said that both men will be based in Dublin. O’Neill joined the firm as a senior property underwriter in 2019 and has ... Read the full article
Resilience announces expansion into UK market
26th September 2022
Cyber risk company Resilience has expanded its global offering by launching a new operation in London to serve the UK market. In a deal brokered by Lockton Re, the expansion is backed by a capacity agreement with HDI Global Specialty SE. Vishaal Hariprasad, CEO and Co-Founder of Resilience, commented, "The last couple ... Read the full article
WTW makes three appointments for its natural resources business
26th September 2022
Advisory and broking solutions company, WTW has announced three appointments for its natural resources business. Andrew Brunero has been hired as the global head of downstream energy broking for the company’s natural resources business. Brunero joins WTW after spending more than a decade at Marsh Energy. Throughout his tenure at Marsh Energy ... Read the full article
Technological advancements and talent driving MGA growth: AM Best
26th September 2022
A new report from AM Best highlights that premium growth attributable to managing general agents (MGAs) has increased significantly over the last decade. Fuelled by premium growth, delegated underwriting authority enterprises (DUAE) are gaining a more prominent role with insurers when it comes to addressing more specialized coverage needs. Both experience and ... Read the full article
Markel International boosts wholesale claims leadership team
23rd September 2022
Markel International, a subsidiary of Markel Corporation has announced three senior promotions within its wholesale claims operation. Under the new leadership team, Jonathan Pestell will assume the role of head of claims performance for speciality. Within this role he will focus on driving broker engagement, while identifying areas to strengthen Markel's claims service ... Read the full article
Sompo International appoints Stefano Chiurlo to new role in Italy
23rd September 2022
Sompo International has appointed Stefano Chiurlo as head of accident and health for Europe. Chiurlo will be based in Milan and comes to the firm with more than 15 years of insurance experience, most recently as group head of health & accident for the Generali Group. Before joining Sompo International, he held ... Read the full article
Google and Travelers’ team up on ‘connected data ecosystem’
22nd September 2022
Google Cloud and Travelers' are to work together on a ‘connected data ecosystem’ that the two say will enhance the commercial insurance underwriting process. The partnership between the firms will, they said in a statement, will quickly synthesise vast amounts of information, helping Travelers' underwriters more efficiently evaluate risks for large-and-middle-market ... Read the full article