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IMAC reports continued growth following CIMA’s Q3’26 licensing stats

The Insurance Managers Association of Cayman (IMAC), which represents insurance managers based in the jurisdiction, has recorded continued upward momentum in Cayman’s international insurance market, as the Cayman Islands Monetary Authority’s (CIMA) third-quarter licensing statistics disclose the issuance of eight new international insurer licenses. Of these eight, one was a Class B(i) licence while the…

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MSIG UK strengthens executive team with senior underwriting and claims appointments

MSIG UK, the UK arm of global insurance group MSIG, has announced two senior appointments as it continues to develop its leadership team and support its long-term business strategy. Tim Harris has been named interim Chief Underwriting Officer, subject to regulatory approval, while Stephanie Belcourt is joining the business as Claims Director. Harris previously held…

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ICEYE to deliver full-lifecycle wildfire intelligence with OroraTech partnership

ICEYE, a company that operates the world’s largest synthetic aperture radar (SAR) satellite constellation, has partnered with OroraTech to expand its wildfire intelligence capabilities across the full lifecycle of an event. By integrating OroraTech’s thermal satellite data with ICEYE’s synthetic aperture radar (SAR) observations, the new capability enables governments, insurers, utilities, and other organizations to…

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OneAdvent appoints Sebastian Basso as Chief Digital Officer

OneAdvent, the specialist MGA incubator, has announced the appointment of Sebastian Basso as Chief Digital Officer. In his new role, Basso will lead the company’s digital innovation strategy. He will be based in London and report to Tim Quayle, CEO of OneAdvent. Following Basso’s appointment, OneAdvent has established a dedicated digital innovation department, with Kristian…

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Korra introduces new tool for reinsurance risk assessment and ILS pricing

Korra, a software-as-a-service (SaaS) provider supporting property and casualty (P&C) reinsurance and insurance-linked securities (ILS) transactions and a wholly owned subsidiary of Ledger Investing, Inc., has launched a new application to help insurers, brokers and investors assess risks, calculate prices and evaluate the financial implications of reinsurance agreements. The application, Korra Deal Analysis, combines loss…

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Greenlight Re adds Ian Maguire as Active Underwriter for Syndicate 3456

Cayman Islands-domiciled reinsurer Greenlight Capital Re has appointed Ian Maguire as Active Underwriter for Greenlight Innovation Syndicate 3456 (Syndicate 3456), subject to regulatory approval. Maguire has four decades of distinguished Lloyd’s and London market insurance experience, and has previously served as Executive Director of Argenta Holdings and as Active Underwriter of Argenta Syndicate 2121 from…

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