MNK International launches new Brazil brokerage led by Sergio Clark

MNK International, a leading independent broker at Lloyd’s of London and part of the MNK Group, announces the launch of MNK International Brazil, a new brokerage providing re/insurance solutions, led by CEO Sergio Clark and International Director Alexandre Dabus. Headquartered in São Paulo, MNK International Brazil will reportedly help Brazilian clients gain access to global…

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MDS strengthens Spanish operations with four senior hires

MDS Group, the insurance and reinsurance broking, risk advisory and benefits management company of Ardonagh Group, has expanded its presence in Spain with the appointment of four senior leaders across the employee benefits, marine and surety insurance sectors. José Antonio Heredia has been appointed Director of Employee Welfare, while Manuel Lezama Leguizamón will assume the…

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AIG completes minority stake acquisitions in Convex and Onex

AIG, Onex Corperation and Convex have completed a comprehensive transaction that will give Onex a 63% controlling interest in the specialty insurance company, with AIG holding an approximately 35% minority stake and a 9.9% stake in Onex, and a broader long-term strategic partnership, including reinsurance and capital commitments. Under previously announced transactions, AIG acquired a…

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Skyward Specialty launches specialised Power Generation insurance solution

Skyward Specialty Insurance Group, Inc., a division of Skyward Group, has launched a new specialized power generation insurance solution for small and medium-sized entities. The launch further diversifies the company’s existing product portfolio and expands product offerings to meet the evolving needs of power producers and brokers across the United States. Skyward Specialty’s new power…

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Cincinnati makes three senior leadership appointments

Cincinnati Financial Corporation re-elected current directors and appointed corporate officers to its U.S. subsidiaries, which held regular shareholder and board meetings this month. The following employees have been named executive officers and elected to the Board of Directors of all property casualty subsidiaries: Fu Luyang was appointed as senior vice president and chief actuary. In…

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Kairos launches AI driven analytics platform

Singapore-based boutique insurance solutions consultancy Kairos Risk Solutions has launched the Weather Data Platform, an advanced analytics tool designed to improve climate risk assessment and enhance the use of parametric insurance solutions through localized, data-driven weather forecasts. The company said traditional weather models tend to lose reliability beyond short-term forecasts, limiting insurers’ ability to plan…

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Liberty Specialty Markets names Edrick Tang as Senior Underwriter, APAC

Liberty Specialty Markets (LSM), a division of Liberty Mutual Insurance Group, has appointed Edrick Tang as Asia Pacific (APAC) senior underwriter, effective immediately. In this role, Tang will oversee the underwriting performance of the product line and lead the execution of the product’s growth strategy in Asia. The appointment aligns with Liberty’s strategic focus to…

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