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3
Jul
2019
Fidelis Appoints Philip Vandoninck as CEO of Socium, its Partnership Pillar
Posted on 3rd July 2019  By Mazin Shammas  and has No comment

As part of Fidelis’ four pillar strategy, Fidelis is branding its partnership pillar as Socium, and assigning a dedicated resource framework around this function. The Socium pillar will be run by Philip Vandoninck, who assumes the CEO role. Philip will have a designated teamassisting with the […]

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3
Jul
2019
SOBC DARAG acquires Innovative Physicians Solutions RRG
Posted on 3rd July 2019  By Mazin Shammas  and has No comment

SOBC DARAG today announced that it has acquired Innovative Physicians Solutions RRG in full, effective 1st July 2019. SOBC DARAG has received Vermont DFS’s approval for the transaction. Mark Tabler, the current COO of IPS, will transfer to SOBC DARAG after the sale to help with […]

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1
Jul
2019
Reinsurers more discerning at mid-year renewals: Willis Re 1st View
Posted on 1st July 2019  By Mazin Shammas  and has No comment

Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1, and July 1, 2019, renewals according to the latest 1st View renewals report from Willis Re, the reinsurance division of Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, […]

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1
Jul
2019
Philip Smaje to join BGC Insurance Group’s new global aviation brokerage as CEO
Posted on 1st July 2019  By Mazin Shammas  and has No comment

BGC Insurance Group (BGCI), a division of BGC Partners Inc. (NASDAQ: BGCP), a leading global brokerage and financial technology company, today announced that Philip Smaje will be joining its new global aviation and space (re)insurance brokerage as Chief Executive Officer. Smaje joins Marcel Chad as the […]

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1
Jul
2019
Apollo Syndicate Management appoints Chris Littlefair as head of reserving and analytics
Posted on 1st July 2019  By Mazin Shammas  and has No comment

Apollo Syndicate Management (“Apollo”), the independent specialist insurer and reinsurer, today announced the appointment of Chris Littlefair as head of reserving and analytics, effective immediately. The newly created role is part of Apollo’s focus on the development of analytical skills and efficiency within the business. Littlefair […]

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1
Jul
2019
The process of radicalisation and therefore its impact on the terrorist threat to the UK is evolving, finds Pool Re’s latest Terrorism Frequency Report
Posted on 1st July 2019  By Mazin Shammas  and has No comment

Pool Re, Britain’s leading terrorism reinsurer, has announced the publication of its latest Terrorism Frequency Report, one of their regular reviews of the contemporary threat which is produced by Pool Re’s in-house Terrorism Risk and Analysis Centre (TRAC). The report includes an assessment of ideological trends […]

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27
Jun
2019
Apollo bolsters political risk expertise with senior appointment
Posted on 27th June 2019  By Mazin Shammas  and has No comment

Apollo Syndicate Management (“Apollo”) today announced the appointment of William Steeds as senior political risk underwriter for Syndicate 1969, effective immediately. He reports to Chris King, head of crisis management at Apollo. Steeds joins Apollo with more than 20 years’ experience in the industry, having begun […]

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25
Jun
2019
Ed receives regulatory approval and begins operations in Bermuda
Posted on 25th June 2019  By Mazin Shammas  and has No comment

Ed, the global reinsurance, wholesale and specialty broker, has received regulatory approval from the Bermuda Monetary Authority for its new operation in Bermuda. Ed Bermuda will provide its full range of multiline broking services, backed by the advanced application of technology through TradEd, its proprietary trading […]

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21
Jun
2019
MPS, Everest Insurance and Asta form Lloyd’s medical malpractice partnership
Posted on 21st June 2019  By Mazin Shammas  and has No comment

The Medical Protection Society (MPS) is to partner with global insurer Everest Insurance and Asta, the leading Lloyd’s third-party managing agency, to establish a Lloyd’s Special Purpose Arrangement (SPA) that will enhance MPS’s ability to indemnify corporate healthcare entities through innovative products and partnerships. In-principle approval […]

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17
Jun
2019
Argo Adopts AVYST Technology to Improve Distributor Experience
Posted on 17th June 2019  By Mazin Shammas  and has No comment

Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance, has adopted insurtech that enables MGAs, wholesalers and independent brokers to submit, quote and bind risks seamlessly, without paper or error. Argo has deployed AVYST’s bi-directional forms system, eForms Wizard, making […]

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17
Jun
2019
BGC Insurance Group to establish new global aviation brokerage – Marcel Chad to be President
Posted on 17th June 2019  By Mazin Shammas  and has No comment

BGC Insurance Group (BGCI), a division of BGC Partners Inc. (NASDAQ: BGCP), a leading global brokerage and financial technology company, today announced plans to launch a specialist global aviation and aerospace (re)insurance brokerage. Marcel Chad will be President of the planned new BGCI brokerage. The new […]

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14
Jun
2019
EC3 Brokers MEA appoints regional director of treaty
Posted on 14th June 2019  By Mazin Shammas  and has No comment

EC3 Brokers MEA announces the appointment of Serge Calfa to the newly-created role of regional director of treaty. Based in Dubai, Calfa joined on 1 June from Munich Re and will report to the senior executive officer Steve Hart. Calfa has more than two decades of […]

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14
Jun
2019
Compre announces trio of acquisitions
Posted on 14th June 2019  By Mazin Shammas  and has No comment

Compre, the independent (re)insurance legacy specialist, today announces it has signed three transactions involving Basler Versicherung AG (Baloise), Helvetia Swiss Insurance Company Ltd. (Helvetia), and an undisclosed European insurance group. Compre has acquired each company’s share of the Gibbon Pools, which comprise insurance and reinsurance business […]

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13
Jun
2019
Pioneer appoints Andrew Souter as head of capital
Posted on 13th June 2019  By Mazin Shammas  and has No comment

Pioneer Underwriters (“Pioneer”) today announces that it has appointed Andrew Souter as head of capital at Pioneer, effective 19 August and reporting to Andrew McMellin, Pioneer CEO.  As head of capital, Souter will be responsible for the capital and reinsurance purchasing functions within Pioneer, as well […]

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12
Jun
2019
IRLA recognises Legacy Awards winners 
Posted on 12th June 2019  By Mazin Shammas  and has No comment

The Insurance and Reinsurance Legacy Association (“IRLA”) today announced the winners of the IRLA Services to Legacy Award and the Young Professional Award. These industry awards were presented at the Annual Congress in The Grand Hotel, Brighton. Geraldine Quirke of Bryan Cave Leighton Paisner was presented […]

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11
Jun
2019
BMS partners with BitSight to provide cyber risk analysis services
Posted on 11th June 2019  By Mazin Shammas  and has No comment

BMS Group (“BMS”), the independent specialist (re)insurance broker, today announces a partnership with BitSight, the Standard in Security Ratings, to provide cyber risk analysis services to BMS clients across all lines of business as part of BMS’s consultancy offering. BitSight’s market-leading security ratings platform provides the […]

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11
Jun
2019
IRLA celebrates fundraising success with more than £11,000 raised for MIND
Posted on 11th June 2019  By Mazin Shammas  and has No comment

IRLA Congress delegates participate in iDrop from the BA i360 The Insurance and Reinsurance Legacy Association (“IRLA”) today announced in excess of £11,000 was raised as part of a fundraiser for mental health charity MIND at the IRLA Congress in Brighton. The annual gathering of IRLA […]

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10
Jun
2019
Argenta Underwriting Asia expands Singapore Team with hire of Simon Wilmot-Smith
Posted on 10th June 2019  By Mazin Shammas  and has No comment

Argenta Underwriting Asia Pte Ltd (AUA), a wholly owned subsidiary of Argenta Holdings Ltd and regional coverholder for Syndicate 2121, managed by Argenta Syndicate Management Ltd, has strengthened its underwriting team in the Asia Pacific region with the appointment of Simon Wilmot-Smith who has joined its […]

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10
Jun
2019
iprism FD hire completes senior team
Posted on 10th June 2019  By Mazin Shammas  and has No comment

iprism, the technology-driven specialist wholesale underwriting agency, today announces the appointment of Manuela Roncalli as finance director, effective immediately. Roncalli brings more than 20 years of experience to iprism and will be responsible for its finance, risk & compliance and HR functions. She previously served as […]

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5
Jun
2019
BMS secures long-term investment from BCI and PCP
Posted on 5th June 2019  By Mazin Shammas  and has No comment

BMS today announces an agreement for a significant investment by affiliates of British Columbia Investment Management Corporation (“BCI”) and Preservation Capital Partners (“PCP”). The investment, which values BMS at £500m, is subject to regulatory approvals and is expected to close in the third quarter. The BMS […]

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