eMaxx expands commercial P&C solutions with new tech-driven Reciprocal Insurance Exchange

eMaxx, a specialty managing general agent (MGA) and de facto attorney providing policyholder-owned alternative risk insurance solutions, announced the launch of eMaxx Reciprocal Insurance Exchange, a commercial property and casualty (P&C) reinsurer. The Reciprocal, an Arkansas-based policyholder-owned entity, will provide commercial property and casualty (P&C) insurance solutions supporting eMaxx-sponsored captive insurance company eCaptiv, a mutual…

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Arch Insurance Intl. promotes Simone Lewis to London PI Underwriting Manager

Arch Insurance International, part of Arch Capital Group, a multi-disciplinary specialist insurance solutions provider, has promoted Simone Lewis to professional indemnity (PI) underwriting manager for the London market. In her new role, Lewis will oversee all underwriting activities for the London Market PI portfolio, providing comprehensive coverage across a range of traditional and non-traditional specialties…

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Brenda Stewart to lead AIG’s Captive Management & Advisory team

Brenda Stewart has been promoted to head of captive management and consulting at global insurer American International Group (AIG). In her new role, Stewart will be responsible for leading global captive management, independent units and advisory groups within AIG Captive Solutions. She will also oversee client relationship management, new business development, operational performance and leadership…

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Travelers teams up with Anthropic to enhance AI capabilities for engineers and analysts

Insurance and risk management company Travelers Companies, Inc. and artificial intelligence research company Anthropic announced a collaboration to expand Travelers’ artificial intelligence engineering and analytics capabilities. Approximately 10,000 Travelers engineers, data scientists, analysts and product owners will use Anthropic’s personalized AI assistant to support and accelerate the development of software, analytics and machine learning models….

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Willis and Synthetik extend political violence and terrorism risk insights partnership

Willis and Synthetik have extended their long-term partnership, giving WTW operations access to Synthetik’s full suite of political violence and terrorism (PVT) software modeling tools. By integrating Synthetik’s personal risk models, including AnyBuildingRisk, Cityscape and SRCC Quantum, and its related data products into Willis’ existing enterprise-wide risk management platform, Willis and its clients will gain…

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Prateek Maheshwari named CFO of Hannover Re India

Experienced financial professional Prateek Maheshwari has joined Hannover Re India as the new Chief Financial Officer (CFO). Maheshwari moves to India from Hannover Life Re Australia’s Sydney branch, where he most recently worked as a management accountant for nearly four years. The appointment marks a homecoming of sorts for the executive, who is no stranger…

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SiriusPoint partners with ISC to expand its general liability programme

SiriusPoint, a global specialty insurer and reinsurer, has entered into a new strategic partnership with multi-line program administrator Integrated Specialty Coverages (ISC) to support the expansion of the latter’s flagship general liability program designed to provide cost-effective insurance solutions for small contractors such as landscapers and roofers. The partnership is designed to support the continued…

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