Australia, New Zealand insurance councils sign MOU to tackle disaster costs
The Insurance Council of Australia (ICA) and the Insurance Council of New Zealand (ICNZ) have signed a Memorandum of Understanding to establish a formal partnership, known as the Resilient Insurance Markets Initiative, to coordinate advocacy, share expertise and build more resilient regional communities. The agreement formalizes the informal trans-Tasman relationship into structured bilateral commitments at…
Atrium appoints Marcus Hawkes as Head of Product Recall
Lloyd’s specialist insurer Atrium has hired Marcus Hawkes as head of product recalls, with the appointment to be effective in the fourth quarter of 2026 once he completes his contractual obligations. In his new role, Hawkes will write a book about the product recall business, focusing on automotive manufacturing. Product recalls are a new stand-alone…
Novacore adds Euclid Design Underwriters to PUA programme
Independent specialty insurance provider Novacore has added Euclid Design Underwriters, LLC to its Professional Underwriters Agent (PUA) program. Euclid Design Underwriters is a professional managing general agency specializing in errors and omissions (E&O) insurance for architects, engineers and design professionals. The acquisition expands PUA’s capabilities in architects and engineers (A&E) professional liability. Euclid Design’s team…
Bishop Street Underwriters appoints Karman Chan as CFO
Bishop Street Underwriters, a RedBird Capital Partners portfolio company, announced the appointment of Karman Chan as chief financial officer (CFO). Chan will serve as a member of Bishop Street’s leadership team and work closely with the CEO and President to drive strategic decisions, anticipate the financial and operational needs of the rapidly expanding business, and…
AI and tech investment to drive next phase of growth for insurance brokers, says Moody’s Ratings
Global credit ratings, research and risk assessment agency Moody’s Ratings said investments in artificial intelligence (AI) and technology are expected to become increasingly important drivers of productivity and profitability for insurance brokers. Although the industry is facing a period of slower growth as insurance pricing softens and economic conditions become more challenging, Moody’s believes companies…
Swiss Re appoints Etherington as Head of Underwriting, L&H, Hong Kong & Taiwan
Global reinsurer Swiss Re has appointed Hazel Etherington as head of life and health underwriting for Hong Kong and Taiwan and global high net worth individuals. Etherington has nearly 40 years of experience in the life and health insurance industry, holding leadership roles in underwriting, operations, claims, distribution and business transformation across multiple international markets….
Admiral Group completes £80m acquisition of Flock
British insurance company Admiral Group has completed its £80 million acquisition of digital commercial fleet insurance provider Flock, expanding its automotive offering. The deal, first announced on February 12, 2026, integrates Flock’s advanced technology into Admiral’s telemetry fleet insurance solutions. Flock’s team will also become an integral part of Admiral’s fleet insurance products, and Ed…
AXIS Capital promotes Christina Geller as Head of Wholesale Financial Lines, NA
AXIS Capital Holdings Limited, the Bermuda-based global insurance and reinsurance company, has promoted Christina Geller to head of wholesale finance for North America (NA). In his new role, Geller reports to John Van Decker, global head of financial operations. In addition, she will develop and implement the long-term profitable growth strategy for AXIS’s North American…
Sompo enhances casualty treaty reinsurance with new SVP appointment
Sompo, a global commercial and consumer property, casualty and specialty re/insurance provider, has announced the appointment of Thierry Grieder as Senior Vice President and Head of Casualty Treaty Reinsurance for Continental Europe, the Middle East and Africa and Latin America. Grieder brings more than a decade of market experience to his new role, most recently…
EPIC names James Pierce as Chairman of Natural Resources practice
EPIC Insurance Brokers & Advisors, Inc. (EPIC), a national insurance brokerage and advisory firm, announced the appointment of James R. Pierce as Chairman of its Natural Resources Business Unit. In this role, Pearce will further strengthen the business’s capabilities, support the recruitment of senior talent and help deliver tailored risk and insurance solutions to clients…
