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OneAdvent, the specialist MGA incubator, has announced the appointment of Sebastian Basso as Chief Digital Officer. In his new role, Basso will lead the company’s digital innovation strategy. He will be based in London and report to Tim Quayle, CEO of OneAdvent. Following Basso’s appointment, OneAdvent has established a dedicated digital innovation department, with Kristian…
If you’re a fan of the classics like chilli con carne, spaghetti bolognese or even mouthwatering mince-filled tacos, we need to let you in on a little secret. Before you fry the mince, if you add a tiny amount of bicarbonate of soda (otherwise known as baking soda) to the meat, you’ll end up with…
Korra, a software-as-a-service (SaaS) provider supporting property and casualty (P&C) reinsurance and insurance-linked securities (ILS) transactions and a wholly owned subsidiary of Ledger Investing, Inc., has launched a new application to help insurers, brokers and investors assess risks, calculate prices and evaluate the financial implications of reinsurance agreements. The application, Korra Deal Analysis, combines loss…
Julia Roberts, Sabrina Carpenter, Katy Perry, and Oprah were among the big names who paid tribute to legendary singer-songwriter Dolly Parton at a Country Music Awards (CMAs) event on 21 October. Dolly had been nominated for a staggering 44 CMA awards across her lifetime. She died earlier this year from cancer, aged 80. Julia Roberts,…
Cayman Islands-domiciled reinsurer Greenlight Capital Re has appointed Ian Maguire as Active Underwriter for Greenlight Innovation Syndicate 3456 (Syndicate 3456), subject to regulatory approval. Maguire has four decades of distinguished Lloyd’s and London market insurance experience, and has previously served as Executive Director of Argenta Holdings and as Active Underwriter of Argenta Syndicate 2121 from…
Marcus Felgate has joined Willis Re, the reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW. Felgate has 18 years of experience in the insurance and reinsurance sectors. He began his career at Lloyds Banking Group before joining Guy Carpenter in 2012 as an actuarial analyst. After qualifying as an actuary, he…
Vinci Compass Investments Ltd., the controlling company of a leading alternative investments and global solutions provider in Latin America, has agreed to fully acquire Austral Resseguradora (AustralRe), an independent reinsurance platform in Latin America. As per the terms, upon closing, AustralRe will anchor Vinci Permanent Capital Solutions (VPCS), a new business vertical aimed at combining…
Optio Group (Optio), an independent specialty managing general agent (MGA), has launched Amsterdam-headquartered specialty and transactional risk MGA, Pinnacle Specialty Insurance. The new MGA will offer its services across the European Economic Area in warranty and indemnity (W&I) and tax liability, with limits of up to EUR 20 million and up to EUR 10 million for…
Gallagher, an international insurance brokerage and risk management company, has appointed Darren Rowland as executive director of hull and war risks within its global marine practice. Based in London, Rowland will use his more than four decades of experience in marine broking to support clients worldwide, with a focus on providing tailored insurance cover and…
Like many fans of The Celebrity Traitors, the BBC’s release schedule for the Bafta-winning reality show is something we have mixed feelings about. On one hand, only putting out new instalments on Thursdays and Fridays really drives up anticipation between episodes, which is exactly what you want in a show where the stakes and tension…