Reinsurance News
IQUW
IQUW boosts Energy team with three key appointments
8th January 2025
IQUW, a property and specialty re/insurer, has strengthened its Energy team with three new appointments. Chris Touhey joins as Senior Underwriter, Energy, alongside Darren Stewart as Head of Marine, Energy, & Aviation Claims, and Darryl Krobel as MEA Engineer. Touhey brings 25 years of industry experience, having joined IQUW from Liberty Specialty ... Read the full article
IQUW partners with mea to boost underwriting efficiency with AI-driven platform
12th November 2024
Property and specialty insurer and reinsurer IQUW has formed a strategic partnership with mea, an AI-powered processing platform for re/insurers, to enhance underwriting efficiency across its operations. This collaboration aims to improve IQUW’s productivity and service quality, aligning with its commitment to delivering smooth broker experiences. Currently active within IQUW’s Directors and ... Read the full article
IQUW expands FortiFI coverage to the Australian market with new territory-specific wording
5th November 2024
Re/insurance provider IQUW has announced that its Financial Institutions (FI) product, FortiFI, will introduce updated policy terms tailored for the Australian market by the end of October 2024. Originally launched in the US earlier this year, FortiFI is among the few comprehensive FI solutions available that includes integrated Cyber coverage. This new ... Read the full article
IQUW adds Peter Hearn as Independent Non-Exec Director to Bermuda Board
18th September 2024
IQUW, a property and specialty insurer and reinsurer, has appointed Peter Hearn as an Independent Non-Executive Director to the IQUW Holdings Bermuda Board. Hearn is an industry veteran with over four decades of experience in the global insurance and reinsurance broker sector. Throughout his career, he has held various senior leadership roles, ... Read the full article
Robbie MacDonald named IQUW Head of Property
23rd July 2024
IQUW, a property and specialty re/insurer, has announced the promotion of Robbie MacDonald from Head of Property, Direct and Facultative (D&F) to Head of Property. MacDonald started his former role in 2023, where he co-lead IQUW Property alongside Head of Property, Delegated Authority (DA), Tom Hennessey. Hennessey will continue in his current ... Read the full article
COGITANDA partners with Everest and IQUW to expand cyber offering
25th June 2024
European cyber-insurance specialist COGITANDA has partnered with insurance giant, Everest and specialty re/insurer Lloyd’s Syndicate, IQUW to develop and expand its cyber product offering to clients with annual revenues of up to €250 million in Germany and Austria. Previously, COGITANDA's offerings were tailored to businesses with turnover of up to €100 ... Read the full article
IQUW unveils new combined FI and Cyber solution, FortiFI
24th April 2024
IQUW, the property and specialty re/insurer has launched FortiFI, the company's new Financial Institutions (FI) wording featuring integrated cyber coverage, specifically tailored for US clients. According to the announcement, FortiFI will focus on supporting the needs of small to mid-market financial institutions, with coverage ranging from corporate finance and non-bank lenders to ... Read the full article
IQUW reports combined operating ratio of 80.9% for FY’23
6th March 2024
Property and specialty re/insurer IQUW has reported a combined operating ratio of 80.9% for the full year 2023, as gross written premiums reported increased by 35% year-on-year to $913 million. The firm explains that premium growth was primarily a result of the syndicate sustaining its trajectory in its third operating year ... Read the full article
Terms & conditions, lack of discipline the biggest challenges for SRCC: IQUW’s Callow
21st February 2024
SRCC (Strikes, Riots, Civil Commotions, and Civil Unrest) as a product does work, but the way some insurers are underwriting it does not, according to IQUW’s Dan Callow, who stated that this is due mainly due to terms & conditions as well as a lack of discipline. As a peril, SRCC ... Read the full article
IQUW bolsters Property team with three new hires
12th February 2024
Specialty re/insurer IQUW has announced the appointment of three senior executives to its Property team, Mike Barrett, Jonathan Powell and Charles Tinworth. The new hires, IQUW stated, will enhance service to brokers and support the strategic growth of the business both in London and internationally. Barrett was named Lead Underwriter for Property ... Read the full article
IQUW names Diane Gallacher as Group Chief People Officer
6th December 2023
Specialty re/insurer IQUW has appointed Diane Gallacher as its new Group Chief People Officer, where she will serve on IQUW Group’s Executive Committee. In her new role, Gallacher assumes responsibility for implementing the company's talent strategy and growth plans. Gallacher brings more than 25 years of expertise in talent management, culture, and ... Read the full article
IQUW names Ex-Validus CEO Noonan as Independent Non-Exec Director to Bermuda Board
6th June 2023
IQUW, a property, commercial and specialty re/insurer has announced the addition of Edward Noonan, former Chairman and Chief Executive Officer of Validus, to its Bermuda Board as an Independent Non-Executive Director. With over 40 years of experience in the insurance and reinsurance industry, Noonan brings a wealth of knowledge and expertise ... Read the full article
IQUW promotes MacDonald and Hennessey to Head of Property
25th May 2023
IQUW, a property, commercial and specialty re/insurer has promoted Robbie MacDonald to Head of Property Direct and Facultative (D&F), and Tom Hennessey to Head of Property, Delegated Authority (DA). In their new roles, they will both be based in London where they will be jointly responsible for the global Property book, ... Read the full article
IQUW promotes Tristram Prior to Lead Underwriter Financial Institutions – Professional Lines
12th April 2023
IQUW, a property and specialty re/insurer has promoted Tristram Prior to the role of Lead Underwriter Financial Institutions – Professional Lines. Based in London, this new role is a significant step up from Prior’s previous role of Senior Underwriter, Financial Institutions/ Professional Lines. Overall, Prior brings over 15 years of industry experience ... Read the full article
IQUW hires Cindy Jiang as Political Risk Underwriter
8th February 2023
Property and specialty re/insurer IQUW has announced the expansion of its Political Risk team with the appointment of Cindy Jiang as Political Risk Underwriter to its Specialty Division. Jiang joins IQUW from RBC Capital Markets, where she held the role of Equity Research Associate in the European Insurance Research team. Before this, ... Read the full article
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