All News articles – Page 72
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NewsHowden Group aims to be new insurance industry ‘challenger’
International broking organisation Howden Group plans on becoming the new “credible challenger” in the insurance industry, striving to surpass the M&A bar set by Marsh and Jardine Lloyd Thompson (JLT) back in April 2019, according to Howden Group chief exective David Howden.
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NewsLloyd’s of London hires ex-Chubb executive as new commercial director
Lloyd’s of London has hired Chubb’s regional executive officer Dawn Miller as its new commercial director, effective from quarter two of 2022.
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NewsHowden Group boosts revenue by 48% in 2021 thanks to organic growth uptick
In 2020, the broking group’s revenue amounted to £777m. The improved 2021 figure was “anchored” by organic growth of 19%, the firm said, up from 6% in the previous year.
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NewsMarsh’s vice-chairman set to retire this March
Drummond-Brady joined the insurance broker and risk advisory firm in 2019 following Marsh McLennan’s acquisition of the Jardine Lloyd Thompson Group (JLT) - the deal was initially announced in September 2018 and completed in April 2019.
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NewsGibraltar on the rise as underwriting performance improves on the Rock
Insurance in Gibraltar is a growing market, with insurers based in the country reporting gross written premium (GWP) totalling more than £5.3bn for 2020/21, up from £4.6bn a year earlier, according to analysis from data insight and consultancy service Insurance DataLab.
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NewsZego reveals European expansion plans targeting fleet insurance sector
Commercial motor insurer and insurtech Zego has today (19 January 2022) revealed its European expansion plans - this includes launching in the Netherlands, as well as ramping up its operations in France.
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NewsZurich sees startup applications for innovation championship double
The Zurich Innovation Championship is an annual, worldwide competition that offers startups, scaleups and entrepreneurs the opportunity to collaborate with the insurer during an intensive three month accelerator programme.
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NewsAllianz Risk Barometer 2022: Cyber perils outrank Covid-19 and broken supply chains as top global business risk
The Allianz Risk Barometer is the annual report identifying the top corporate risks for the next 12 months and beyond, based on the insight of more than 2,650 risk management experts from 89 countries and territories.
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NewsReuters: U.S. insurers must cover eight at-home COVID tests per person monthly - White House
Insurance companies will be required to cover eight over-the-counter at-home coronavirus tests per person each month starting Saturday, the Biden administration said, expanding access to highly sought-after kits as Americans grapple with a surge in coronavirus cases. The White House also said on Monday that there is no limit to ...
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NewsMunich Re: Hurricanes, cold waves, tornadoes: Weather disasters in USA dominate natural disaster losses in 2021
Worldwide, natural disasters caused substantially higher losses in 2021 than in the two previous years. Based on provisional data, storms, floods, wildfires and earthquakes destroyed assets worth US$ 280bn.
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NewsWEF Report: Climate inaction dominates global concerns
Top risks are climate crisis, growing social divides, heightened cyber risks and an uneven global recovery, as pandemic lingers on
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NewsChina port restrictions spells further supply chain disruption
A week’s delay of essential trade at Ningbo could impact $4 billion worth trade, warns Russell Group
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NewsRansomware will continue to evolve in 2022
After a year of unprecedented ransomware attacks, Beazley’s Raf Sanchez warns the worst is yet to come
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NewsNick King joins Miller to lead Marine expansion in Singapore
King joins from Howden Specialty Asia Pacific where he was most recently a Divisional Director. Prior to that he held positions at JLT Re and Aon Singapore.
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NewsBrit appoints chief technology officer from Swiss Re insurtech startup
(Re)insurance business Brit has appointed Bilge Mert as its new chief technology officer, to help the firm deliver a data driven and technology empowered platform for underwriting, claims and operations.
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NewsTarian Underwriting sold to US cyber insurtech
Insurance investor Beat Capital Partners (Beat) has today (4 January 2022) announced the sale of cyber insurance specialist Tarian Underwriting to artificial intelligence driven commercial insurance provider Corvus Insurance.
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NewsStandard risk management failing to address systemic threats
Joined-up thinking across government and academia is needed to deal with complex environmental risks, finds study
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NewsD&O risks in 2022 defined by COVID and diversity
Brokers have flagged emerging D&O risks, including COVID liabilities and ESG considerations
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NewsArdonagh to buy ‘perfect match’ Lloyd’s broker
Ardonagh has found the ‘perfect match’ with the acquisition of Portuguese Lloyd’s broker MDS. The Porto-based broker also has offices in Angola, Mozambique, Spain, and Malta.
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NewsPandemic triggers explosion of digital insurance customers - research
Research from SAS revealed that around eight million people started using a digital service or mobile app for the first time due to the pandemic.
