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AM Best assigned Bridgehaven’s newly acquired wholly-owned subsidiary Bridgehaven Europe Specialty DAC (BES) a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent). As previously reported, Bridgehaven completed the acquisition and capitalization of BES (formerly SureStone Insurance DAC) on December 2 last year, after obtaining all necessary regulatory approvals….
Ludovic Subran, chief investment officer of Allianz Group, and Christian Kroll, visiting professor at the London School of Economics (LSE), emphasized in the World Economic Forum report that the insurance industry plays a central role in combating climate risks, economic instability and social inequality. The Forum noted that while skepticism about environmental, social and governance…
WTW, an advisory, brokerage and solutions company, announced the launch of Databricks’ Radar Connector, enhancing its end-to-end insurance analytics and pricing platform. The new connector allows Radar users to securely connect to Databricks, eliminating manual data processing while speeding up analysis and improving data governance. With the new integration, Radar users can select Databricks as…
UIB, a provider of specialist insurance and risk solutions to the energy and construction industries, is pleased to announce the appointment of Ray Spreadbury as Head of Renewables and Director of Downstream for its Energy and Construction division. Spreadbury joined UIB in 2025, bringing more than 30 years of experience in global energy industry brokerage…
Price Forbes Re has appointed Nick Frankland as non-executive chairman with effect from January 1, 2026, based in London. Frankland has over 45 years of industry experience and has held a number of senior leadership roles at Aon, including CEO of London and Bermuda Reinsurance and most recently as Chairman of the Global Strategy and…
The British Insurance Brokers Association (BIBA) welcomes automation platform Unitary, experts in streamlining complex insurance workflows, as an associate member. This strategic move strengthens Unitary’s commitment to the UK brokerage community, following strong momentum in the managed general agency (MGA) sector and the successful launch of its insurance virtual agency product. As brokers increasingly seek…
Howden Re Fac has expanded its DACH team with the appointment of Enver Karapinar as concurrent DACH Director and Andreas Fricke as concurrent DACH Managing Director Reinsurance. Howden said Karapinar has more than 30 years of underwriting and brokerage experience, deep expertise in temporary reinsurance and a strong reputation in the DACH market. Frick, meanwhile,…
Oxbow Partners, a consulting firm best known for its work in insurance and financial services, is celebrating its tenth anniversary in business and making a major push into the U.S. market with the opening of a New York office. While the company has long served clients in the UK, Europe, Bermuda and the US, the…
Independent specialist credit and political risk broker Texel Group has announced the appointment of Rhys Davies as newly created head of restructuring. This new appointment will establish a center of excellence designed to enhance Texel’s customer service. In his new role, Davis will work with the brokerage team and claims team, led by Jerry Kohler,…
Global insurance and reinsurance brokerage group Aon has appointed Viviana Martinez as interim reinsurance director for the Middle East and North Africa region, based in Dubai. In her new role, Martinez will lead the provision of interim reinsurance solutions to clients across the MENA region, providing cedants and insurers with tailored technology placements in key…