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Aon, a global professional services firm specialising in risk, retirement and health solutions, has announced the appointment of Mona Gupta as Global Head of Risk Capital Client Delivery. Gupta brings more than 25 years of leadership experience across the insurance, reinsurance and banking, financial services and insurance (BFSI) sectors. Her background includes global client delivery,…
In September, two individuals promised donations worth £72 million to Reform UK. Two people, £36 million each, in one of the most extraordinary demonstrations of the power of money in modern British politics. Both donations were made within the law. And that is precisely why our political funding system needs to change. Britain places no…
ZestyAI, a provider of AI-driven insurance risk analytics, has announced that regulators in Minnesota and Maryland have approved Z-WATER™, its AI-powered non-weather water risk model, for use in carrier rate and rule filings. ZestyAI’s Z-WATER™ is now accepted for rating and underwriting in 22 states. Non-weather water has become the fourth-costliest peril in homeowners insurance,…
Goosehead Insurance, Inc., an independent personal lines insurance agency, has estimated total revenues of between $108.8 million and $110.8 million, an increase of approximately 17% at the mid-point of the range compared to an estimated $92.9 million to $94.9 million in the same period a year earlier. During the quarter, total core revenue, a non-GAAP…
The primary challenge facing the insurance market is the deeply interconnected nature of today’s geopolitical and technological landscape, Rachel Turk, Lloyd’s Chief of Performance & Strategy, highlighted during AM Best’s recent Europe Insurance Market Briefing in London. Turk stressed that geopolitical events can no longer be viewed in isolation. Supply chain disruptions, technological choke points…
Gallagher, a global insurance broking and risk management company, has announced the appointment of Rawden Leigh as Head of Retail in its Financial Institutions practice. Gallagher’s specialist Financial Institutions practice provides risk advice, programme design, placement and claims management across a broad range of financial lines products. The team works with clients to address the…
David Walliams has denied all allegations levelled against him, following the publication of a joint investigation by The Guardian and the news broadcaster ITN. On Tuesday afternoon, Walliams was the subject of allegations from numerous women claiming that he “groomed” them as a teenagers, with one in particular accusing him of “sexual assault”. The former…
David Walliams pictured in April 2015 David Walliams has been named as the public figure at the centre of numerous allegations of sexual misconduct. Last month, it was reported that a “well-known individual” – referred to in court simply as PPT – had been seeking a legal injunction to prevent The Guardian and the news…
A report from Evercore ISI on the recently announced Aon and Blackstone reinsurance facility at Lloyd’s, Cortina, emphasises that while this type of structure has the potential to attract more disciplined capital, introducing more capacity to a finite risk pool is still a negative for reinsurers. Last week, the much discussed and awaited Cortina syndicate…
Oh, how we love a sale. When Black Friday lands, naturally we’re always looking for the biggest discounts out there. While there are tons of great deals on the likes of air fryers, sex toys, and literally everything you can think of, the best deals we’ve spotted to date have been on Jackery portable power…