Specialty MGA appoints Uwe Sievers to drive Japan growth strategy

Specialty MGA, part of the MNK Group, has appointed Uwe Sievers as Japan Business Development Director, responsible for leading the expansion of its key products in the Japanese market. The decision highlights Japan’s growing importance in the group’s wider international ambitions as it continues to expand its global footprint, enhance cross-border capabilities and strengthen access…

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SCOR backs Louisiana green hydrogen plant as part of energy transition push

Global reinsurer SCOR said its support for the Hidrogenii facility in San Gabriel, Louisiana, reflects its broader strategy to promote a sustainable, resilient future, while remaining “strongly committed” to advancing the energy transition and integrating ESG principles into its underwriting and investments. The Hidrogenii plant, which started commercial operations in April last year, is a…

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Ted Moynihan named President, CEO of Marsh Management Consulting and Oliver Wyman

Marsh, a global firm specializing in risk, reinsurance, capital, talent, investments and management consulting, announced that Ted Moynihan has been named president and chief executive officer (CEO) of Marsh Management Consulting and Oliver Wyman, succeeding Nick Studer, the new president and CEO of Marsh Risk. Moynihan will join the company’s executive committee and report to…

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Optio strengthens marine capabilities with Gardian Marine acquisition

Independent specialist MGA group Optio Group has reached an agreement to acquire Gardian Marine Limited for an undisclosed amount, pending regulatory approval. Headquartered in London and founded by Guy Tyler and Edward Morgan, Gardian Marine offers specialist insurance covering shipbuilder’s risk, shiprepairer’s liability, voyage and towage, as well as a range of bespoke support products….

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Howden Re expands DACH fac team with Seitz and Fricke as Directors

Global reinsurance brokerage Howden Re has appointed Verena Seitz and Johanna Fricke as directors to strengthen its DACH interim team. Both will focus on expanding Howden Re’s temporary reinsurance business in the DACH region. They have extensive experience in structuring and implementing complex multinational projects and have established excellent client relationships in the DACH market….

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CRC aims to redefine how specialty insurance is placed with new AI-powered engine

CRC Group, the independent wholesale specialty insurance distributor, has launched REDY INTEL, a new artificial intelligence engine embedded in the CRC REDY platform. REDY INTEL aims to transform the way professional risk is analyzed, targeted and placed by transforming data into real-time, actionable insights across every workflow. It enhances every interaction on the REDY platform,…

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Talcott expands block reinsurance agreement with Japan Post Insurance

International life insurance group Talcott Financial Group has announced the expansion of its subsidiary Talcott Life Re’s previously announced bulk reinsurance transaction with Japan Post Insurance Company. Under the terms of the extended agreement, Talcott Life Re will reinsure an additional 100 billion yen (approximately $625 million at current exchange rates) of in-force annuities. This…

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