The risk management society RIMS announced in their statement that Ellen R. Dunkin will lead the organization as president for the 2021 term, which began on January 1. Dunkin works in Amalgamated Life Insurance Co. as the senior vice president,…
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Aon Recruits Tax Specialists for Transactional Risk Business
Aon PLC said in its recent statement that it has added two senior tax experts to its transactional risk unit. According to the statement, Mario Salandra, who recently worked in MUFG Bank Ltd., and Doug Brody, from Ernst & Young…
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Hub International Acquired CAPAX
Hub International Ltd. said in its recent statement that it has acquired Modesto, California-based brokerage CAPAX Management and Insurance Services Inc. Terms of the transaction were not disclosed. According to the statement, CAPAX provides multiline, personal and commercial insurance, and…
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Policyholder Lawyers Forms New Firm
More than 20 former McKool Smith policyholder lawyers and other staff have left the company to form a rival firm. New York-based Cohen Ziffer Frenchman & McKenna LLP will be lead by Robin Cohen, former head of the insurance recovery…
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The Maguire Academy of Insurance and Risk Management Appointed Storm Wilkins as New Executive Director
Storm Wilkins, Esq., CPCU, assumed the role of executive director of the Maguire Academy of Insurance and Risk Management (MAIRM) at Saint Joseph’s University on Jan. 4, says a recent statement by the university. Wilkins succeeds Michael Angelina, who led…
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Convex Parts with SCOR to Secure Post-Brexit EU Access
International specialty insurer and reinsurer Convex Group has hit an arrangement with French underwriter SCOR which will permit it to continue to access markets in the European Union after Brexit. In a statement, Convex said that it had entered into…
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European Commission to Extend Aon-Willis Merger Probe
The European Commission is to deepen its investigation of the $30bn Aon-Willis merger deal. The Commission has until May 2021 to finalize its decision on the merger. The all-share deal worth $29.9bn (£22.5bn) was first revealed in March 2020. If…
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Cayman Islands Reinsurers Form Industry Group
A group of reinsurance companies located in the Cayman Islands formed a new industry group, the Cayman International Reinsurance Companies Association (“CIRCA”). Under its mission statement, CIRCA is “the industry group for commercial reinsurers located in the Cayman Islands, dedicated…
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Aviva Tailors Insurance Product for Renewable Energy
Aviva has launched a new integrated insurance package aimed at large companies in the renewable energy market. Aviva Renewable Energy covers all the protection requires of organizations working in their home and abroad business sectors, to boost lender trust in…
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QBE Hires Berkshire Hathaway Financial Lines Leaders
QBE North America appointed Dan Fortin and Todd Greeley as the heads of its financial lines business. They both were former underwriters in Berkshire Hathaway Specialty Insurance Inc. QBE NA said that it aims to expand its Management Liability, Professional…
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