News – Page 79
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D&Os fear ‘COVID effect’ as responsibilities rise
Nearly a third worry decisions made during the pandemic could come back to haunt them - QBE
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WTW partners with CodeEast to bring new digital solution to the global insurance market
Willis Towers Watson and software provider CodeEast have announced a global partnership offering a new digital transformation solution for insurance companies and MGAs.
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New Dawn Risk warns of potential 2022 post-Covid liability crisis
Specialist insurance broker New Dawn Risk has warned of a potential post-Covid liability crisis in the medical malpractice sector in 2022, with litigation and claims around this line of business skyrocketing.
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Gallagher completes WTW treaty reinsurance operations buy
Global broker Arthur J Gallagher and Co has completed its acquisition of Willis Towers Watson’s (WTW) treaty reinsurance brokerage operations.
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Zurich initiative to help flood victims ‘build back better’
The insurer aims to help customers that are victims of repeated flooding by setting out a formal process for loss adjusters to follow
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The next wave of climate litigation
Nigel Brook explains why climate litigation risk needs to be on every corporate risk manager’s radar
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MS Amlin Underwriting hires head of sustainability and ESG
The appointment ‘signals MS Amlin’s continued commitment to investing in and building on our ESG expertise and capabilities’, says director of strategy and transformation
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Lloyd’s of London set to reconsider workplace strategy in 2022
The market plans to discuss its ’future leasing arrangements’ in the new year to ensure its ’workspace is in line with the market’s needs’
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QBE appoints Director of Canada
Ben Hunter is currently Vice President, Head of Marine, Energy, Construction & Risk Services at Liberty Mutual Canada. He brings a wealth of experience of the Canadian insurance market to his new role, having previously held leadership roles in Travelers Canada and Chubb Insurance.
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Lloyd’s chairman divulges market’s road map to hit net zero
Lloyd’s of London’s chairman Bruce Carnegie-Brown has outlined the market’s road map to achieving net zero.
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Insurer share prices plummet amid Covid resurgence fears
Share prices tumble as Africa and Asia come under the spotlight for Covid - analysts and investors fear lockdowns could cause more claims
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Allianz’s chief operations officer steps down
Allianz Holdings has today (26 November 2021) announced that its chief operations officer Stephanie Smith is stepping down to pursue fresh opportunities.
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AXA XL Partners with Cambridge Centre for Risk Studies to Launch Online Disaster Recovery Hub
A new online Disaster Recovery Hub comprised of more than 100 major disaster case studies, and covering different events in different locations, has been launched by the Cambridge Centre for Risk Studies at Cambridge Judge Business School in partnership with AXA XL to help with such guidance.
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Aon Appoints Jillian Slyfield as Chief Innovation Officer
Aon today announced the appointment of Jillian Slyfield as the firm’s Chief Innovation Officer, effective Dec. 1, 2021. Slyfield, who is based in San Francisco, will report to Aon CEO Greg Case and join the Aon Executive Committee, which is responsible for executing on the firm’s Aon United Blueprint.
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Swiss Re and Chinese tech giant Baidu partner to advance the ecosystem of autonomous driving
Russell Higginbotham, CEO Reinsurance Asia & Regional President Asia, said: “Our partnership with Baidu is a milestone in Swiss Re’s efforts to access new risk pools and close the protection gap through Swiss Re’s risk management expertise and innovation capabilities.
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Generali enters exclusive talks to buy Credit Agricole Unit
Generali and Crédit Agricole Assurances today announced that they have entered into exclusive negotiations for the acquisition of La Médicale, Crédit Agricole Assurances’ insurance subsidiary for healthcare professionals.
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Aviva’s head of cyber insurance set to join Lloyd’s
Insurer Aviva’s current head of cyber insurance Neil Arklie has announced that he will be leaving the business to join Lloyd’s of London, effective January 2022.
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Global supply chains tested "like never before"
COVID-19, cyber risk and port backlogs are among six key facets of current global supply chain strain - FM Global
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Gaps remain in SME risk management
UK firms continue to worry about Brexit and identify COVID-19 or a new pandemic as top critical external risk, finds Marsh
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The great geopolitical repositioning
In 2022, the world will start to spin differently thanks to a new global geopolitical order