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B.P. Marsh & Partners, a specialist investor in early-stage financial services businesses, has made a 30% equity investment in newly formed London Market underwriting agency Dauntless U/W Limited for a nominal consideration, alongside providing a £2 million loan facility. Dauntless, which specialises in marine hull underwriting focused on niche, brown water, older and distressed tonnage,…
Global reinsurance broker Marsh Re has appointed Nathalie Zaatar and Talal Sharif as the new Co-heads for the Middle East. The pair will be based in Dubai, and together bring nearly four decades of combined insurance and reinsurance experience, along with deep market insight, technical expertise, and a strong focus on client partnerships. Zaatar has…
Insurity, a provider of cloud-based software for insurance carriers, brokers and managing general agents (MGAs), is expanding its partnership with ReSource Pro, an insurance-focused services and technology company specialising in operational support, technology services and implementation. The expanded relationship combines Insurity’s cloud-based insurance software with ReSource Pro’s expertise in insurance operations, technology, managed services and…
Tokio Marine Kiln (TMK), an international specialty insurer, has announced the appointment of Oliver Wilcox as Head of Energy within its Marine and Energy division. In his new role, Wilcox will lead TMK’s Energy underwriting business, with responsibility for underwriting strategy, portfolio performance and team development. He will work closely with brokers and clients to…
Italian-headquartered, global insurer Generali has announced an agreement to acquire a c. 9.9% stake in Banco de Crédito Cooperativo (BCC), the holding entity of Grupo Cooperativo Cajamar (GCC), for €150 million. This investment further strengthens the strategic alignment between the two companies and solidifies Generali’s position as a leading insurance partner in Spain, the insurer…
Africa’s first development-focused parametric insurer, African Risk Capacity Limited (ARC Ltd.), has appointed Jackline Muthengi as its new Chief Underwriting Officer (CUO), effective 1 September 2026. In her new role, Muthengi will drive and be responsible for ARC’s underwriting portfolio, covering sovereign parametric insurance for drought, flood, tropical cyclone, and outbreak and epidemic risks, alongside…
AM Best, the credit rating agency, has reported a stronger balance of rating actions among US life/annuity and health insurers during the first half of 2026, with upgrades outnumbering downgrades by two to one compared with the same period a year earlier. In its latest Best’s Special Report, More Upgrades, Fewer Downgrades for L/H Insurers…
Neptune Insurance Holdings, Inc., the parent company of Neptune Flood Incorporated, an AI-native managing general agent focused on flood insurance, has appointed David Noble as an independent member of its Board of Directors, with the appointment taking effect on 30 September 2026. Noble brings experience across financial services, digital banking, strategy consulting, executive leadership and…
Clear Group, an independent insurance intermediary, continues to build its specialist wholesale proposition with the acquisition of London based specialist broker Commercial Risks (UK) Ltd and its managing general agent (MGA), Troon Underwriting. Founded in 2002, Commercial Risks is a London Market insurance broker led by James Osman with over 25 years’ experience placing complex,…
Philippe Cotelle, President of FERMA, has called for greater collaboration between organisations and the insurance industry to address the misalignment between the annual insurance renewal process and the multi-year planning cycles that businesses operate on. During the FERMA Forum 2026 in Rotterdam, Cotelle urged businesses and insurers to look beyond the traditional annual renewal cycle…