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…
Agam ISAC Platform sees continued growth in Bermuda
Agam Capital, a provider of insurance-related asset and liability analytics, has announced that it has played a key advisory role in the formation and launch of a new Bermuda-based reinsurance platform for one of the largest mutual life insurance companies in the United States. The new entity is structured as a separate account company (ISA)…
Achmea appoints Rogier Peters as Executive Board member and CRO
Dutch insurance company Achmea announces the appointment of Rogier Peters as member of the Executive Board and Chief Risk Officer (CRO), effective October 1, 2026. Peters will succeed Michiel Delfos, who will resign on the same day. Peters is an experienced insurance executive and risk management expert with an actuarial background. He has been Chief…
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…
AM Best revises Florida Farm Bureau Group’s outlook to positive
AM Best has revised the outlook for Florida Farm Bureau Group members to positive from stable and affirmed a financial strength rating of B++ (Good) and a long-term issuer credit rating of ‘bbb+’ (Good). Florida Farm Bureau Casualty Insurance Company and its fully reinsurance subsidiary Florida Farm Bureau General Insurance Company together form the Florida…
James Sanzone appointed Head of Marine Cargo at Munich Re Specialty, NA
Global reinsurer Munich Re has announced the promotion of James Sanzone to Vice President and Head of Ocean Freight, Munich Re North America (MRS-NA). In his new role, Sanzone will continue to lead the development of MRS-NA’s ocean freight products and the expansion strategy for the team’s proven ocean freight product line capabilities. The executive…
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+…
Graham Blackwell to succeed Taylor Rhodes as Applied Systems CEO
Applied Systems, a global provider of cloud software for the insurance industry, has announced that Graham Blackwell has been appointed as its next CEO as part of a planned leadership transition over the next two quarters. Current Applied Systems CEO Taylor Rhodes, who has led the company for the past seven years, will continue in…
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…
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…