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03
Oct
2019
Convex authorised to write excess and surplus lines in the U.S.
Posted on 3rd October 2019  by Mazin Shammas  and has No comment

Convex Group, the international specialty insurer and reinsurer, today announces that its UK insurance company, Convex Insurance UK Limited, has been added to the National Association of Insurance Commissioners (NAIC) Quarterly Listing of Alien Insurers with effect from 01 October 2019. This means that Convex will […]

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02
Oct
2019
Donald Harrell appointed MD & COO of Willis Re Specialty
Posted on 2nd October 2019  by Mazin Shammas  and has No comment

Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ: WLTW), today announces the appointment, with immediate effect, of Donald Harrell as Managing Director & Chief Operating Officer of Willis Re Specialty. Harrell joins with more than 25 years’ […]

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30
Sep
2019
LMA welcomes Future at Lloyd’s Blueprint
Posted on 30th September 2019  by Mazin Shammas  and has No comment

The Lloyd’s Market Association (LMA) has welcomed the launch of Blueprint One, which provides the latest strategic thinking from Lloyd’s around six ideas, first set out in their Prospectus, alongside a phased execution plan. Following publication of the Prospectus in May, the LMA initiated a consultation […]

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24
Sep
2019
Lloyd’s market CEOs pledge action on unacceptable behaviour
Posted on 24th September 2019  by Mazin Shammas  and has No comment

Lloyd’s has today released the findings from its cultural survey, which reveals the extent to which sexual harassment has been witnessed in the marketplace. Lloyd’s has highlighted four key themes that have emerged: the less positive experiences of women in the market compared to men; not […]

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23
Sep
2019
Ascent-Cove welcomes Ian Beaton as non-executive director, rebrands as ‘Optio’
Posted on 23rd September 2019  by Mazin Shammas  and has No comment

Ascent Underwriting (“Ascent”), the cyber and specialty lines MGA, and Cove Programs (“Cove”), the US construction-focused MGA, today announce that industry heavyweight Ian Beaton will join as non-executive director of the group, effective immediately. Beaton, the founder and chief executive officer of Ark Syndicate Management, who […]

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23
Sep
2019
DARAG appoints Andrew Hill as COO
Posted on 23rd September 2019  by Mazin Shammas  and has No comment

DARAG, the leading legacy acquirer, today announces that Andrew Hill is joining DARAG as Group COO, based in London, effective from October 15, subject to regulatory approval. Hill joins DARAG from Zurich Insurance Company Ltd., where he has led the Legacy Solutions’ Restructuring team in North […]

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18
Sep
2019
Ascent-Cove hires Paul Western as CUO
Posted on 18th September 2019  by Mazin Shammas  and has No comment

Ascent Underwriting (“Ascent”), the cyber and specialty lines MGA, and Cove Programs (“Cove”), the US construction-focused MGA, today announces the appointment of Paul Western as group Chief Underwriting Officer, effective October 7. His appointment follows Cove’s merger with Ascent in March and he will report to […]

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18
Sep
2019
Willis Research Network partners with Mitiga Solutions on global aviation and aerospace initiative
Posted on 18th September 2019  by Mazin Shammas  and has No comment

The Willis Research Network (WRN) announces a new partnership with Mitiga Solutions, which will provide leading-edge volcanic ash cloud and sandstorm forecasting to aviation and aerospace clients to optimise air traffic management. This new partnership will enable airlines, airports and associated organisations in both the public […]

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18
Sep
2019
Fundamental operational risks are top concerns for Lloyd’s CROs, LMA survey finds
Posted on 18th September 2019  by Mazin Shammas  and has No comment

Pricing, cost reduction, change management, market modernisation, and competition are the top five risks facing Lloyd’s, according to Chief Risk Officers (CROs) within Lloyd’s managing agencies. These internal factors rank ahead of exogenous factors such as cyber risk and climate change, according to a survey of […]

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17
Sep
2019
BMS reorganises US analytics and actuarial management team as investment continues
Posted on 17th September 2019  by Mazin Shammas  and has No comment

BMS Group (“BMS”), the independent specialist (re)insurance broker, today announced a series of management changes within its US reinsurance actuarial and analytics team. Kirk Conrad has been promoted to the newly created role of Chief Analytics Officer at BMS and will oversee BMS’s US reinsurance catastrophe […]

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17
Sep
2019
Ed bolsters Risk Solutions with senior hire
Posted on 17th September 2019  by Mazin Shammas  and has No comment

Ed, the global reinsurance, wholesale and specialty broker, today announces the appointment of Simon Stovell as Divisional Director for the Risk Solutions team. Stovell begins with immediate effect and will report to Stephen Louden, Managing Director, Risk Solutions. Stovell brings more than 30 years of industry […]

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11
Sep
2019
BMS appoints Neil Prior as Director in the Global Risks division
Posted on 11th September 2019  by Mazin Shammas  and has No comment

BMS Group (“BMS”), the independent specialist (re)insurance broker, today announced the appointment of Neil Prior as Director in BMS’s Global Risks division, reporting to Ian Gormley, Managing Director at BMS. The appointment is effective on September 16. Prior will support the Global Risks division by developing […]

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11
Sep
2019
BGC Insurance expands global aviation brokerage to include aircraft finance solutions
Posted on 11th September 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 Kostya Zolotusky will be joining as Managing Partner of the recently announced Aviation Industry Financial Solutions Division. Based in Seattle, Zolotusky starts with […]

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10
Sep
2019
Lloyd’s Market Association appoints LMA Academy Director and Chairman
Posted on 10th September 2019  by Mazin Shammas  and has No comment

The Lloyd’s Market Association (LMA) has announced the appointment of Fiona Temple as LMA Academy Director, starting this week, and Matthew Wilson, Group CEO at Brit Limited, as Chairman of the LMA Academy Committee, effective 25 September. The LMA Academy is the leading provider of technical […]

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10
Sep
2019
SOBC DARAG acquires New Mexico P&C Insurance Company
Posted on 10th September 2019  by Mazin Shammas  and has No comment

SOBC DARAG today announced that it has acquired New Mexico P&C Insurance Company in full, effective 1 September 2019. SOBC DARAG has received approvals from New Mexico OSI and Florida OIR for the transaction. It is the latest in a series of deals completed by SOBC […]

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09
Sep
2019
BMS appoints Gregg Holtmeier as chief strategy officer
Posted on 9th September 2019  by Mazin Shammas  and has No comment

BMS Group (“BMS”), the independent specialist (re)insurance broker, today announced the appointment of Gregg Holtmeier as chief strategy officer of BMS’s US reinsurance operations, reporting to Steve Korducki, US reinsurance CEO. The appointment is effective immediately. Holtmeier will join the BMS US Management Committee and will […]

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06
Sep
2019
Skuld again reports positive half-year results
Posted on 6th September 2019  by Gavin Warren  and has No comment

Leading marine insurance provider Skuld today announces a positive result for the first six months of the 2019/20 policy year. Bottom-line net income was USD 2 million, compared with USD 14 million at the half-year of 2018/19. The result arises mainly from investment income and Skuld’s […]

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05
Sep
2019
Beach’s London Wholesale Division continues to expand
Posted on 5th September 2019  by Gavin Warren  and has No comment

Beach & Associates (“Beach” or “the Company”) is pleased to welcome Gavin Johns and Richard Emson to its London Wholesale Division. Johns and Emson join from JLT Re where they operated within the Facilities & Binders Division. They each bring over 30 years’ of industry experience […]

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05
Sep
2019
Franck Pinette appointed Life & Health leader for Willis Re International
Posted on 5th September 2019  by Gavin Warren  and has No comment

Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ: WLTW), today announced the appointment of Franck Pinette as leader of its International Life & Health Practice with effect from 1st September, 2019. Franck joined Willis Re in early […]

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05
Sep
2019
Capsicum Re adds four to Cyber division
Posted on 5th September 2019  by Gavin Warren  and has No comment

Capsicum Re, the specialist reinsurance broker, is pleased to announce four appointments to its market leading cyber team. Umair Ghani and Thomas Lashkari have joined as a cyber pricing actuary and a cyber analyst respectively and report to Justyna Pikinska, Head of Analytics, Specialty Lines at […]

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