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16
Jul
2019
Apollo Syndicate Management appoints Nick Burkinshaw as chief underwriting officer
Posted on 16th July 2019  by Gavin Warren  and has No comment

Apollo Syndicate Management (“Apollo”), the independent specialist insurer and reinsurer at Lloyd’s, today announced the creation of a new board level post of chief underwriting officer and the appointment of Nick Burkinshaw to the role, reporting to David Ibeson, CEO at Apollo. Nick Burkinshaw will oversee […]

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16
Jul
2019
DARAG announces retrospective quota share reinsurance agreement with Protector Forsikring
Posted on 16th July 2019  by Gavin Warren  and has No comment

DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announced it has entered into a retrospective quota share reinsurance agreement with Protector Forsikring (“Protector”), a listed Scandinavian insurance company. DARAG’s German risk carrier, DARAG Deutsche Versicherungs- und Ruckversicherungs-AG, is the vehicle for the transaction, which is […]

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11
Jul
2019
Canopius continues APAC expansion with Singapore hire
Posted on 11th July 2019  by Gavin Warren  and has No comment

Canopius today announces the appointment of Jamie Jeffers as underwriter, credit & political risk, Canopius Asia Pacific, effective September 9th. Jeffers will join from Willis Towers Watson, where he served as executive director, financial solutions – credit and political risk. Based in Singapore, he will report […]

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11
Jul
2019
EC3 Brokers expands with senior appointments in US
Posted on 11th July 2019  by Gavin Warren  and has No comment

EC3 Brokers announces the expansion of EC3 Brokers US, with the appointments of James Norris as chief actuary and Terry Holley as senior vice president. Norris and Holley will report to Chris Hilton, president of EC3 Brokers US, and work closely with London-based chief executive officer […]

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09
Jul
2019
Willis Re delivers US wildfire risk underwriting insight to clients
Posted on 9th July 2019  by Mazin Shammas  and has No comment

Willis Re, the reinsurance division of Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, has deployed a wildfire risk solution that can be used throughout the U.S. to assess location level wildfire risk, and how the risk correlates to the company’s […]

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09
Jul
2019
Ed boosts Bermuda team with Carrie Kelley hire 
Posted on 9th July 2019  by Mazin Shammas  and has No comment

Ed, the global reinsurance, wholesale and specialty broker, today announced the appointment of Carrie Kelley as Executive Vice President, Head of Property Insurance, Bermuda. She will report to Chris Bonard, CEO of Ed Broking’s new Bermuda platform. Kelley brings more than 16 years of industry experience […]

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08
Jul
2019
Canopius hires four in APAC growth drive
Posted on 8th July 2019  by Mazin Shammas  and has No comment

Canopius today announces four appointments to its recently-established branch, Canopius Australia & Pacific in Sydney, which has also gained binding authority approval from Lloyd’s. The appointments support Canopius’ ambition to expand in the Asia Pacific region by targeting a combination of SME business via coverholders and […]

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08
Jul
2019
Pool Re purchases pioneering terrorism NDBI retro cover
Posted on 8th July 2019  by Mazin Shammas  and has No comment

Pool Re, Britain’s leading terrorism reinsurer, today announced the placement of its new retrocession programme covering non-damage business interruption (”NDBI”) losses. The programme incepted on July 5th. The Counter-Terrorism and Border Security Bill 2018, which was signed in February 2019, allows Pool Re to cover losses […]

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03
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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03
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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01
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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01
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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01
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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01
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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24
Jun
2019
Peachtree Casualty Insurance Company completes its first assumption of legacy business, looks to complete more in 2019
Posted on 24th June 2019  by Gavin Warren  and has No comment

Peachtree Casualty Insurance Company (“Peachtree”) has completed its first assumption of legacy liabilities since it was acquired by SOBC DARAG in November 2018. Stephanie Mocatta, CEO of SOBC DARAG said: “We are delighted to have completed this Assumption of a block of legacy business.  Since we […]

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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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