Reinsurance News
KatRisk appoints Jeffrey Chen as CEO
10th January 2024
Global catastrophe modeling company, KatRisk, has announced the appointment of Jeffrey Chen as its new Chief Executive Officer (CEO), based out of San Francisco. Chen is a market veteran with more than two decades of experience in the industry, serving in several leadership positions. He joins Katrisk from Verikai, where he has ... Read the full article
General Aviation faces pricing pressures and climate challenges: Gallagher Specialty
9th January 2024
In the Plane Talking Q4 2023 report authored by Philip Stafford, Senior Partner, Aerospace at Gallagher Specialty, insights into the General Aviation (GA) sector's performance during the fourth quarter of 2023 were explored, shedding light on key trends that may influence the industry in 2024. As the year concludes, indications suggest ... Read the full article
K2 Financial launches Aegis Financial Lines with former Hanover Insurance Group Leader
9th January 2024
Aegis Financial Lines (AFL), a division of Aegis General Insurance Agency, in partnership with its sister company, K2 Financial, has achieved approval of their official coverholder status with Lloyd’s, the global insurance and reinsurance marketplace. AFL is an expansion of K2 Financial’s operation in London. Moreover, Kevin Leach, the founder & Senior ... Read the full article
Phil Taylor appointed to lead Everest Re’s Global Specialties business
9th January 2024
The reinsurance division of Everest Group, Everest Reinsurance, has established a dedicated Global Specialties business, bringing the division's expertise and offerings across Aviation, Marine, Cyber, Engineering, and Parametric Solutions under the leadership of Phil Taylor, who has been appointed Head of Global Specialties. In his new role, Taylor will report to Jill ... Read the full article
Intact launches Striior Insurance Solutions, names Kaileigh Bowe as President
9th January 2024
Intact Insurance Specialty Solutions, the U.S. insurance subsidiary of Intact Financial Corporation, has launched a fresh identity for its Excess and Surplus (E&S) builders risk segment – Striior Insurance Solutions. Formerly known as Highland Insurance Solutions, the change aims to signify the robust foundation, team expertise, and ambitious objectives of the ... Read the full article
WTW names Despina Buganski Head of Personal Lines for CRB NA
9th January 2024
WTW, the global advisory, broking, and solutions company, has appointed Despina Buganski as the Head of Personal Lines for Corporate Risk & Broking, North America (CRB NA). Buganski, who previously held the position of Chief Operating Officer (COO) for the Personal Lines business, brings over 30 years of industry experience to ... Read the full article
Meyenhofer named CEO & Colello President of PartnerRe as Bonneau departs
9th January 2024
Bermuda-based reinsurer PartnerRe has announced that Philippe Meyenhofer will become its new Chief Executive Officer (CEO) when Jacques Bonneau retires from the company later this year, with Jon Colello set to assume the additional role of President of the company. Bonneau took over as PartnerRe President and CEO in July ... Read the full article
There is an underserved cyber market in the UK, Simon Hughes, Cowbell
9th January 2024
As a new entrant in the UK market, Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), recognises that there is an "underserved market in the UK", with the company having identified a way to serve this market with "expertise and tailored coverage options", says Simon Hughes, ... Read the full article
Lockton bolsters Transaction Liability team with additional tax expertise
9th January 2024
Lockton, the independent insurance broker, has bolstered it's Transaction Liability team by hiring Drew Hermiller and Eileen Kuo as Senior Vice Presidents within the division, with a focus on tax insurance. They both join the broker, following prior careers as tax attorneys, bringing extensive expertise that will benefit the firm’s clients. Hermiller ... Read the full article
Canopius appoints new Heads of Distribution for U.S. and UK
9th January 2024
Specialty and P&C re/insurer Canopius Group has appointed Uwe Schoberth as Head of Distribution, U.S. and Bermuda, and Matthew Crane as Head of UK Distribution. The appointments are effective immediately, with Schoberth set to join the Canopius U.S. Executive Committee, and Crane to serve on the Canopius UK Executive Committee. Collectively, Schoberth ... Read the full article
Stone Point invests in ClearPoint Health to assist launch
9th January 2024
Connecticut-based private equity firm Stone Point Capital has invested in ClearPoint Health to "enable more affordable health insurance benefits for small and mid-sized employers." ClearPoint is a medical stop-loss captive platform for small and mid-sized employers founded by a veteran team of technologists, clinicians, and health insurance experts, in conjunction with ... Read the full article
Liberty Mutual Insurance hires Marsh’s Case as Global Product Manager, Cyber
9th January 2024
Liberty Mutual Insurance Global Risk Solutions has bolstered it's Cyber insurance team by appointing Elisabeth Case as Global Product Manager, Cyber. She joins the firm following a 16 year tenure at Marsh, where she most recently served as a Managing Director within the firm's US and Canada Cyber Practice. In addition, Case ... Read the full article
RSA and Brit launch global Project Cargo consortium ‘BUILD’ with $285m capacity
9th January 2024
RSA Insurance's UK Specialty Lines business and Brit Ltd have joined forces to unveil 'BUILD,' a Project Cargo consortium that stands as one of the largest in the global cargo market. Open for business, this consortium offers a guaranteed capacity of up to USD 285 million for Project Cargo risks on ... Read the full article
CFC hires AXIS’ Dan Trueman as Chief Underwriting Officer
9th January 2024
CFC, the global specialist insurance provider, has appointed AXIS Insurance's Dan Trueman as Chief Underwriting Officer (CUO). At the same time, CFC has also confirmed, that current CUO Andy Holmes will be assuming the role of Chief Executive Officer, going forward. A renowned veteran across the global insurance sector, Trueman previously served ... Read the full article
Gallagher Re names Steve Robson as Chief Claims Officer
9th January 2024
Gallagher Re has announced the appointment of Steve Robson as its new Chief Claims Officer. Robson, who previously held the position of Global Head of Claims at Gallagher Re, brings a wealth of experience to his new role. In his former capacity, he was responsible for all complex and referral claims for ... Read the full article
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