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Lockton, a privately held insurance brokerage and risk management firm, has appointed Louis Grundy as Vice President (VP) of Strategic Sales in Denmark. The appointment aims to strengthen the broker’s commercial growth capabilities in the country, and reflects its continued investment in experienced, growth-focused talent. In his new role, Grundy’s remit includes leading the broker’s…
The Inter-American Development Bank (IDB) has issued a parametric insurance coverage for hurricane risk in Belize of up to USD 20 million, subject to a maximum payout of USD 10 million per policy year, backed by Swiss Re, one of the world’s leading reinsurance companies. The transaction saw the IDB arrange the transfer of a…
The Cayman Islands has submitted an application to the US National Association of Insurance Commissioners (NAIC) for Qualified Jurisdiction Status (QJS), marking a long anticipated milestone. The NAIC, a standard-setting body governed by chief insurance regulators from all 50 US states, the District of Columbia, and US territories, coordinates state-level regulation to protect consumers and…
We don’t need to tell you this: tech is expensive. Keeping up to date with the latest gadgets can put a serious dent in your wallet, but the price tag doesn’t do much to quell our desires for a new phone. Especially when one as enticing as the Google Pixel 11 Pro drops. Available for…
Aon, a global professional services company that provides advice and solutions across risk, capital and human capital, has appointed Brad Lorimer as CEO of its Canadian business, taking up the position on 1 September 2026. Lorimer will be responsible for Aon’s operations across the country, with a focus on helping clients respond to business challenges…
Aon, a global insurance and reinsurance broker and risk advisor, has launched Sidecar X, marking the latest evolution in its Sidecar platform designed to link insurance capital with complex transactional risks. Providing up to $200 million in capacity, the Global Sidecar Platform covers tax insurance as well as representations and warranties products. The platform also…
The first year after a baby is born can be a complete blur for new parents – I’ve been there twice, and I feel like I was delirious for about 90% of it. Between the sleep deprivation, the constant state of high alert and the mental and physical recovery, it’s really no wonder so many…
CatIQ, the independent Toronto-based catastrophe insurance data provider and subsidiary of PERILS, has released its second industry loss estimate for the severe thunderstorm event that struck parts of southern Ontario and southern Quebec, Canada, between 30 June and 3 July 2026, putting the total insured loss at CAD 439 million. The second estimate, issued 45…
DUAL North America, a provider of specialised insurance solutions, has appointed Sam Fowler as Senior Vice President (SVP) of Tax to its global Transactional Risk platform in the US. The appointment aims to add dedicated tax underwriting leadership to the team and extend its specialised offering to clients and broker partners across the US market….
Envelop Risk, a cyber reinsurance and analytics specialist, has received in-principle approval from Lloyd’s to launch Envelop Syndicate 1925. Transitioning from Special Purpose Arrangement (SPA) 1925, the syndicate is set to begin underwriting on January 1, 2027. The launch builds on SPA 1925’s successful track record at Lloyd’s, driven by Envelop’s innovative use of data…