Latest Smartphones, Gadgets and Startups News
Specialty managed general agent (MGA) underwriting platform Arrow Risk Management has appointed Paul Witzenfeld as head of underwriting to lead the company’s new property concurrent (FAC) reinsurance underwriting business. The new approach will provide temporary property reinsurance on a primary loss and excess loss basis. The goal is to maintain a broad risk appetite, underwriting…
Ryan Specialty Underwriting Managers, the underwriting management arm of Ryan Specialty, announced the promotion of three senior leaders for its Ryan Financial Lines business. Ryan Financial Lines (RFL) provides an integrated platform that offers a broad range of financial insurance products to clients and capital partners. These leadership updates follow executive appointments announced by the…
Hiscox has released the latest results and forecasts for its flagship Lloyds syndicate, predicting returns for the 2025 financial year of 3.5% to 13.5% for Syndicate 33 and significantly higher returns for Syndicate 6104 of 23.2% to 33.2%. Syndicate 6104’s strategic expansion complements the positive outlook for the 2025 account, with capacity increasing to £79m…
RiverStone International, a global provider of legacy solutions, has appointed Ciara Browne as Chief Risk Officer (CRO). Browne is an experienced actuary and consultant in the Irish insurance market with over ten years of experience advising insurance clients on financial reporting, risk management and regulatory matters. She has extensive experience in all aspects of domestic…
Fundamental shifts in global transition assumptions are forcing insurers to reassess how they underwrite natural climate and changing transition risks to stay relevant and competitive, according to the latest Underwriting Transformation report from Lloyds Market Association (LMA) and KPMG. The second edition of the report reveals a significant shift in climate transition assumptions in just…
mea Platform, an artificial intelligence products company serving the re/insurance industry, has announced that Price Forbes, part of Ardonagh Group, has selected its artificial intelligence solution to improve the operational efficiency of its brokerage activities and enhance customer delivery. As brokers deal with growing volumes of complex data and growing demands for speed and service…
Antares Global, a specialist Lloyd’s syndicate renowned for delivering bespoke marine, aviation and property and casualty insurance solutions, has promoted Ina Salillari to head of retail business development reinsurance procurement. She joined the group in 2020 as a reinsurance technician, later becoming a senior reinsurance technician and finally as a reinsurance buyer in March 2025….
With the recent escalation of conflict in the Middle East, S&P said reinsurers’ capital adequacy is sufficient to mitigate the potential risk of a deterioration in credit quality, although those with a broad geographic footprint in the region and significant exposure to specialist markets may be most affected. As readers will know, conflict in the…
Cotality, a global provider of real estate information, analytics and data solutions, has appointed former USAA Chief Executive Officer (CEO) Wayne Peacock as an independent member of its Board of Directors, effective February 18, 2026. Peacock has been with USAA for 36 years, including five years as president and CEO, and has expertise in banking,…
K2 Group Holdings Limited (K2 International), a London-based specialty re/insurance underwriting platform and a division of K2 Insurance Services, has launched K2 Professional Indemnity Limited (K2 PI), a new division that will underwrite international (non-U.S.) professional liability business on behalf of a group within the Lloyd’s of London syndicate. The new unit, founded by Richard…