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KatRisk, a provider of catastrophe risk modeling and climate analytics, has acquired Symfos, the UK company powering Orchestra’s underwriting and portfolio intelligence platform. KatRisk explained that the acquisition will combine its climate and catastrophe models with Symfos’ underwriting tools to help insurers move faster, better price risks and manage growing natural catastrophe risks. As climate…
Specialty re/insurer Hamilton Insurance Group, Ltd has promoted Susan Steinhoff to Chief Underwriting Officer (CUO) of Hamilton Re, its Bermuda-based insurance and reinsurance underwriting platform, effective January 1, 2026. In her new role, Steinhoff will lead Hamilton Re’s underwriting activities and report to CEO Adrian Daws. She succeeds Tim Duffin, who became Group CUO on…
Efe Tokmen has joined global reinsurance brokerage Gallagher Re as head of UK structured capital solutions, Reinsurance News has learned. In his new role, Tokman will focus on driving strategy and delivering capital solutions tailored to client needs. He will report to Michel Buker, chairman of Gallagher Re UK Capital Solutions. Tokmen has over 15…
Corgi is a technology-driven insurance company that has raised a total of $108 million in funding from a group of investors including Y Combinator, Kindred Ventures, Contrary, Oliver Jung, Glade Brook Capital Partners, Seven Stars, Leblon Capital (Andrej Henkler, Fadwa Ouardani), Fellows Fund, Alumni Ventures, Quadri Ventures, Vocal Ventures, Phosphor Capital, SV Angel, and others….
WTW-owned insurance broker Willis has made four senior leadership appointments in Asia to support the continued growth and expansion of its specialty business in the region. Nicki Tilney has been appointed head of natural resources, Iris Chan has been appointed head of construction, Sui Jin Wong has been appointed deputy head of construction and Steve…
Global brokerage Brokerslink has expanded its footprint in Europe with the addition of LAB3, a boutique corporate insurance brokerage based in Ljubljana, Slovenia, as a new affiliate to its international network. LAB3, led by Founder and Director Arijana Lipovec, is a family business with nearly two decades of experience providing expert advice on complex risks…
Berkshire Hathaway Specialty Insurance (BHSI), a commercial property and casualty insurance company providing tailored solutions to businesses of all sizes, has expanded its presence in Italy with the launch of major casualty policies targeting domestic and multinational risks. The policy covers public liability, employers liability and product liability and can be purchased individually or in…
Lloyd’s of Santam Syndicate 1918 now benefits from a new policy administration system (PAS) and digital operating platform. The rapid implementation, completed in three months, was made possible through a partnership between Santam, a major South African insurance company, and technology partners Alchemy Technology Services and Buckhill. The platform is powered by Buckhill’s C2MS® technology…
Paris-based global reinsurer SCOR has announced the appointment of three senior leaders to lead its Cedant temporary reinsurance business in North America, Europe and Latin America. All three leaders report to Julia Willberg, global head of Cedant Facultative Reinsurance in SCOR’s London office. Andrea Baer has been appointed senior vice president and head of North…
The global reinsurance market has entered 2026 with some uncertainty, with record capital inflows triggering significant price weakness and Evercore ISI analysts warning that growth prospects will be “bleak” in the year ahead. The industry is grappling with supply and demand imbalances, causing real estate catastrophic pricing to fall 20% during the January 1 renewal…