Insurance Advisory Partners adds new Partner for broker & insurance distribution M&A, US

Insurance Advisory Partners (IAP), a boutique investment banking firm focused on the insurance sector, has appointed Lou Caltavuturo as a US partner, based in New York, reporting to co-founder and CEO Tony Ursano. Caltavuturo is an experienced investment banker who will focus on brokerage and insurance distribution mergers and acquisitions (M&A) and financings. Over the…

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CEO John Doyle expects Marsh to be an ‘AI winner’

John Doyle, president and CEO of global insurance and reinsurance brokerage group Marsh Group, said he expects the company to be an “artificial intelligence winner” as it leverages its scale and capabilities in investing in artificial intelligence (AI) to drive greater value from its proprietary data assets to its role as a trusted advisor to…

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Eirion Risk Underwriters launches Construction Professional Liability program

Eirion Risk Underwriters has announced the launch of its Construction Professional Liability (CPL) scheme, designed to provide professional risk coverage for contractors and construction project stakeholders. The program offers a range of coverage including annual Contractor Professional and Pollution Liability (CPPL), project-specific CPPL and Owner Protective Professional Indemnity (OPPI). The program, which has an A+…

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Liberty Specialty Markets unveils several new appointments within FinPro division

Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has strengthened its underwriting expertise in the financial and professional lines (FinPro) division with four new appointments, strengthening its presence in the London and UK regional markets. The promotions are effective immediately and all promotions will be reported to Emma Pearce, Head of FinPro. Industry veteran…

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Shipowners urged to reassess war risk cover as claims expand beyond high-risk zones: The London P&I Club

Marine liability insurance provider London P&I Club is advising shipowners and brokers to place more emphasis on war risks cover, rather than focusing primarily on price, as claims increasingly arise from events outside traditional high-risk areas. Ben McKeith, senior underwriter at the London P&I Club, said many shipowners did not adequately integrate long-term war risk…

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