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Swiss Re promotes Swart to MD & Head of Technical & Operational Excellence, APAC ex. China

Global reinsurer Swiss Re has promoted company veteran Torben Swart to managing director (MD) and appointed him head of technology and operational excellence for Asia Pacific (APAC) ex China, effective August 1, 2026. In his new role, Swart will help drive underwriting excellence, enhance operational capabilities and support business growth and resiliency. The newly created…

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William Furness-Smith appointed interim CEO of Tysers Singapore

Specialty insurance and reinsurance broker Tysers has appointed William Furness-Smith as interim chief executive of Tysers Singapore, following the departure of reinsurance chief executive and executive director Babita Rai. Furness-Smith’s appointment as permanent CEO is subject to approval by the Monetary Authority of Singapore (MAS). Tysers explained that he has a long-standing relationship with the…

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CyberCube partners with Affinity Marketplace Partner to drive growth in SME cyber adoption

Cyber ​​risk analytics provider CyberCube has formed a strategic partnership with Affinity Marketplace to integrate insurance quotes into a single workflow to drive growth in cyber insurance adoption among small and medium-sized enterprises (SMEs). The partnership aims to streamline several long-standing challenges that SMBs face in insurance adoption, including the need to streamline cyber risk…

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Sapiens appoints Kellen Petersen as EVP Sales, Americas

Sapiens, a SaaS-based smart insurance software solutions company, has appointed experienced insurtech sales leader Kellen Petersen as executive vice president of sales, Americas. He will be based in Washington, D.C., and report to Sapiens Chief Revenue Officer James Hannay. In his new role, Peterson will lead sales across the Americas, with responsibility for revenue growth…

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GIFT City is attracting global reinsurance capital at scale, says PB Fintech’s Singh

In an interview with Reinsurance News, Sarbvir Singh, CEO of PB Fintech United Group, emphasized that a more open and predictable regulatory environment is attracting global reinsurance companies to settle in India’s first International Financial Services Center (IFSC)-Gujarat International Financial Technology City (GIFT City). GIFT City’s insurance and reinsurance business volumes are growing rapidly, from…

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Augment Risk outlines parametric opportunity as 2026 World Cup kicks off

As the 2026 FIFA World Cup gets underway, heightened risks highlight a range of weather-related hazards in host locations, prompting insurers to increasingly turn to parametric solutions to provide rapid liquidity when predefined conditions are triggered. Global specialist reinsurance broker Augment Risk has identified extreme heat as a widespread issue affecting several US host cities….

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