Reinsurance News
RSA
RSA bolsters Global Network team with two appointments
15th November 2023
RSA Insurance has made two appointments in its Global Network team, naming Melissa Rayner and Christian Garcia as Global Network Relationship Managers. RSA explained that Rayner will manage the company's relationships with Global Network Partners in Africa and Middle East, while Garcia will manage relationships with its Global Network Partners in ... Read the full article
Intact approved to complete purchase of Direct Line’s brokered Commercial Lines operations
19th October 2023
Intact Financial Corporation and its subsidiary RSA have disclosed that all conditions related to its acquisition of Direct Line Insurance Group's brokered Commercial Lines operations have been fulfilled. According to Intact, the transaction is anticipated to close on October 26, upon payment of a £520 million cash consideration, as reported ... Read the full article
Resilience expands cyber insurance coverage to £10 million
4th October 2023
Resilience, a leading cyber risk solution provider, has announced a significant expansion of its underwriting capacity to offer up to £10 million in cyber insurance coverage for clients across the United Kingdom and European Union. This capacity boost is the result of a strategic partnership with RSA Insurance and R&Q Accredited, ... Read the full article
RSA Insurance names Matt Houghton Head of Financial Risks in Mid-Market Commercial Lines
29th September 2023
RSA Insurance, a leading global insurance provider, has announced the appointment of Matt Houghton as the new Head of Financial Risks for its Mid-Market Commercial Lines business. This strategic move reinforces RSA's commitment to managing and mitigating financial risks effectively in today's dynamic business landscape. In his new role, Houghton will assume ... Read the full article
RSA expands financial Risks portfolio with new PTL insurance product
28th September 2023
RSA Insurance has launched a new Pension Trustee Liability (PTL) insurance product, expanding its Financial Risks portfolio. The PTL product, now available to brokers and commercial lines customers throughout the UK via RSA’s Mid Market business, is aimed at UK pension schemes which are well funded with a financially strong employer ... Read the full article
RSA Insurance appoints new Commercial Lines CUO
8th September 2023
RSA Insurance has announced the appointment of Dr. Graeme Smith as its Commercial Lines Chief Underwriting Officer, effective from 18th September 2023. For the new role, Dr. Smith will report to Nathalie Dufresne, Chief Underwriting Officer UK & International at RSA. Dr. Smith’s remit will include overseeing all underwriting activities and portfolio ... Read the full article
Intact and RSA to acquire Direct Line’s brokered Commercial Lines operations
7th September 2023
Intact Financial Corporation and its subsidiary RSA have reached an agreement with Direct Line to acquire its brokered Commercial Lines operations for an initial cash consideration of £520 million. The deal also includes the potential for up to a further £30 million contingent payment under earnout provisions relating to the financial ... Read the full article
Michael Jensen joins RSA as Senior Specialist Underwriter – A&H
6th September 2023
RSA Insurance has appointed Michael Jensen as Senior Specialist Underwriter – Accident & Health (A&H) in its UK Specialty Lines business. UK Specialty Lines is part of Intact’s Global Specialty Lines, which offers "integrated global propositions for brokers and customers with more complex international risks." For the new role, which starts in ... Read the full article
RSA hires Gosling as Senior Specialist Underwriter within engineering, power & renewable energy
15th August 2023
RSA Insurance, a multinational insurance firm, has hired Matthew Gosling as Senior Specialist Underwriter, Engineering, Power & Renewable Energy within its UK Specialty Lines business. An experienced specialist within construction and engineering, Gosling will be take on responsibility with managing and profitably growing RSA's engineering portfolio. In his new role he will ... Read the full article
RSA Insurance hires James Godfrey as Transformation Director
9th August 2023
RSA Insurance, a multinational insurance firm, has appointed James Godfrey as Transformation Director, effective as immediately. In his new role, Godfrey will contribute to the delivery of RSA’s strategic outperformance objectives by driving the UK&I strategic transformation roadmap and investment profile. He will also lead a team that will be responsible for ... Read the full article
RSA Insurance launches Excess of Loss product
18th July 2023
RSA Insurance has announced that it is to expand its Professional Indemnity offering and launch an Excess of Loss (XOL) product. RSA suggested that the XOL product, which is now available to brokers and commercial lines customers throughout the UK via its Regions business, is aimed at a range of businesses ... Read the full article
RSA Insurance launches new superyacht practice
9th May 2023
RSA Insurance has announced that it is to expand its marine offering with the launch of a new superyacht practice, led by Emily Grew, who will join as a Senior Yacht Underwriter in July. RSA states that superyacht ownership has grown significantly in recent years, with purchases of luxury vessels (longer ... Read the full article
RSA hires AXA XL’s Skipper as Senior Specialist Underwriter, A&H
27th April 2023
RSA Insurance has announced that Danielle Skipper will join its UK Speciality Lines business as Senior Specialist Underwriter - Accident & Health (A&H). The company states that in her new role, Skipper will be responsible for contributing to the delivery of RSA’s growth strategy for A&H, by working with the firm’s ... Read the full article
RSA appoints Ade Adeyemo UK construction lead
12th April 2023
RSA Insurance has appointed Ade Adeyemo to head up construction for its UK risk consulting team, replacing Trevor Chainey, who is due to retire after a 45-year career. Adeyemo is a qualified Chartered Civil Engineer with more than three and a half decades of experience in construction management and risk engineering. He ... Read the full article
RSA appoints Gary Mason COO Delivery Director
4th April 2023
RSA Insurance has announced the appointment of Gary Mason as COO Delivery Director, replacing Richard Thompson, who is leaving the firm after serving for more than a decade. Mason is tasked with contributing to the delivery of RSA’s strategic outperformance objectives, primarily by driving the technology transformation of the firm's key ... Read the full article
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