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Markel appoints Amy Martin as Senior Claims Adjuster for Warranty & Indemnity

Markel, the insurance business of Markel Group Inc., a global specialty insurer providing insurance, reinsurance and investment services, has announced the appointment of Amy Martin as senior claims adjuster – Warranty and Indemnity (W&I) within Markel International, the division responsible for its international operations. Based in London, Martin will be responsible for complex, high-value claims…

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Klapton Re appoints Aloisia Panashe Kufakunesu as Head of Risk Insights & Actuarial

Zambia-based reinsurer Klapton Reinsurance (Klapton Re) has announced the appointment of Aloisia Panashe Kufakunesu as Head of Risk Insights and Actuarial Affairs. In her new role, Aloisia will lead Klapton Re’s risk insights and actuarial functions, providing strategic actuarial expertise to enhance risk management, support product development and deliver data-driven insights to drive value for…

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Cyber risk is having a greater financial and operational impact on businesses: Aon

Insurance and reinsurance broker Aon believes that despite a rapid increase in investment in cybersecurity in recent years, cyber insurance still accounts for only a small portion of overall cyber spending. The company believes that as cyber incidents cause greater operational and financial losses, many organizations continue to retain significant cyber-related financial risks on their…

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Justin Gress joins HDI Global US as COO

HDI Global (HDI), the corporate and specialty insurance company of Talanx Group, has appointed Justin Gress as chief operating officer (COO) of its US operations. In her new role, Gress will be tasked with managing a broad range of operational responsibilities, including product development, transformation, talent management and the enhancement of data and technology capabilities….

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Cyber risk is having a greater financial and operational impact on businesses: Marsh

Global insurance brokerage and risk advisory firm Marsh believes that despite rapid growth in cybersecurity investment in recent years, cyber insurance still accounts for only a small portion of overall cyber spending. The company believes that as cyber incidents cause greater operational and financial losses, many organizations continue to retain significant cyber-related financial risks on…

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Flexpoint closes $460m+ SageSure continuation vehicle

Specialty private equity firm Flexpoint Ford has closed a single asset continuation vehicle for SageSure, a general underwriter (MGU) specializing in the catastrophe risk market, with total commitments in excess of $460 million, including commitments from the general partner and rollover investors. The continuation vehicle, led by Lexington Partners with participation from Barings and Round2…

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