British specialist insurer Beazley has announced to launch its new digital trading division. That brings two new division together underwriting, claims, technology and operational experts into a cross functional team to express digital access and services to a range of…
Read MoreAuthor: Vivek Lomate
LMA shares update on transparency in underwriter availability
The board of the Lloyd’s Market Association (LMA) has announced a cross-market agreement on “at the box or in the office” availability to ensure its underwriters are physically present for in-person trading with brokers several days of the week. Earlier…
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KP Snacks takes massive ransomware hit
British snack company KP Snacks has confirmed that it was the target of a debilitating ransomware attack last week, which disrupted its food production and distribution. The company said that the cyber incident, which occurred on January 28, knocked out…
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Retired Aon leader Matt Grimwade joins Willis Towers Watson
Matt Grimwade, former head of EMEA business development at Aon, has joined Willis Towers Watson (WTW) as its new client relationship director for large and complex risks in its global markets direct & facultative (D&F) line of business. Grimwade brings…
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Markerstudy picks ThingCo as telematics partner
Next-generation telematics insurance ThingCo has secured what it claims to be the most prestigious motor insurance contracts in the UK by becoming the telematics partner of AISL, part of the Markerstudy Group (Markerstudy) that manages Co-op Insurance car products. As…
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Insurance United Against Dementia names new chair and board members
Insurance United Against Dementia (IUAD), has appointed Richard Dudley, global head of climate strategy at Aon, as its new chair. IUAD is a fundraising and awareness-raising campaign led by Alzheimer’s Society and leaders from the insurance sector. Dudley, who is…
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BIBA on what’s resulting in “uproar” among insurance dealers
At 83 pages, the British Insurance Brokers’ Association (BIBA)’s 2022 Manifesto, ‘Managing Risk,’ is its largest to date – a fact that serves as a reflection of the steep range of challenges, opportunities and deliberations facing insurance brokers in the…
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Markel International phrases new livestock underwriter
As part of its strategy to further grow its presence in the livestock industry, Markel International has appointed Ruth Gordon as a livestock underwriter. Gordon will join the company’s livestock underwriting team, where she will be responsible for growing and…
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New Lloyd’s syndicate seals capital authorization via London Bridge Risk
It’s been revealed that London Bridge Risk PCC (LBR PCC) – the protected cell company whose formation application was sponsored by Lloyd’s as part of the Future at Lloyd’s policy – is the vehicle through which Nephila Capital funded newly…
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Marsh bolsters flight practice with the latest hire
Global insurance broker Marsh has strengthened its global aviation practice with the appointment of Rick Howell (pictured) as its new aviation active risk consulting leader, effective January 02, 2022. In a statement, Marsh substantiated that Howell, who is based in…
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