Latest Smartphones, Gadgets and Startups News
UK-based financial services and asset management company Legal & General (L&G) has announced the appointment of Nigel Drury as its new chief risk officer (CRO) for asset management, subject to regulatory approval. Drury will be responsible for leading and overseeing risk management within L&G Asset Management. He has over 30 years of risk experience with…
Agile Insurance Group, a managing general agent (MGA) providing underwriting and risk solutions in international markets, has confirmed a number of senior appointments within its underwriting leadership team as the company continues to grow its business in Australia and New Zealand. Mark Hunt, an active underwriter at Agile Underwriting Services Syndicate 2427 since its inception…
Morningstar DBRS said that while rising geopolitical tensions stemming from the Iran conflict are expected to drive increased cyber activity and strengthen demand for insurance protection, the weak market evidenced by slower cyber premium growth in recent years is likely to persist unless major cyber loss events materially reset expectations for future claims. A new…
Morningstar DBRS said that while rising geopolitical tensions stemming from the Iran conflict are expected to drive increased cyber activity and strengthen demand for insurance protection, the weak market evidenced by slower cyber premium growth in recent years is likely to persist unless major cyber loss events materially reset expectations for future claims. A new…
The Insurance Development Forum (IDF), a partnership between the insurance industry, governments and international organizations working to build resilience to natural disasters and climate-related risks, has appointed Maamoun Rajeh to its steering committee. Rajeh serves as President of Arch Capital Group Ltd., a global provider of insurance, reinsurance and mortgage insurance products. In this role,…
Insurance Advisory Partners (IAP), a boutique investment banking firm focused on the insurance sector, has appointed Lou Caltavuturo as a US partner, based in New York, reporting to co-founder and CEO Tony Ursano. Caltavuturo is an experienced investment banker who will focus on brokerage and insurance distribution mergers and acquisitions (M&A) and financings. Over the…
Agam Capital, a provider of insurance-related asset and liability analytics, has announced that it has played a key advisory role in the formation and launch of a new Bermuda-based reinsurance platform for one of the largest mutual life insurance companies in the United States. The new entity is structured as a separate account company (ISA)…
Dutch insurance company Achmea announces the appointment of Rogier Peters as member of the Executive Board and Chief Risk Officer (CRO), effective October 1, 2026. Peters will succeed Michiel Delfos, who will resign on the same day. Peters is an experienced insurance executive and risk management expert with an actuarial background. He has been Chief…
John Doyle, president and CEO of global insurance and reinsurance brokerage group Marsh Group, said he expects the company to be an “artificial intelligence winner” as it leverages its scale and capabilities in investing in artificial intelligence (AI) to drive greater value from its proprietary data assets to its role as a trusted advisor to…
AM Best has revised the outlook for Florida Farm Bureau Group members to positive from stable and affirmed a financial strength rating of B++ (Good) and a long-term issuer credit rating of ‘bbb+’ (Good). Florida Farm Bureau Casualty Insurance Company and its fully reinsurance subsidiary Florida Farm Bureau General Insurance Company together form the Florida…