Commercial Lines
MGA Boost Insurance Secures Reinsurance Facility to Back Its InsurTech Development Platform
Boost Insurance has nailed down a dedicated reinsurance facility to help support its B2B InsurTech development platform. Nephila is leading the facility with participation from Markel Digital, the ...
Why Brussels Made Sense as a Post-Brexit Outpost for Lloyd’s of London
Lloyd's of London remains on schedule to have its post-Brexit outpost ready for business beginning in January 2019, CEO Inga Beale confirmed at the recent NAIC International Insurance Forum in ...
I’ve been in this industry long enough to know that a great year can also be a warning sign more...
Executives On The Move at Ironshore and RMS
Ironshore promoted from within for the new head of its healthcare professional liability unit. Catastrophe modeler RMS appointed a veteran from the software industry to run its own software/platform ...
Aon Names Two Co-Presidents, Retires Remaining Sub-Brands
Aon plc named two of its veteran executives to become co-presidents, and the global broker/consulting firm also retired its remaining business unit brands in a bid to promote more product innovation ...
XL Group Execs Depart, Jobs Shift in Anticipation of AXA Acquisition
AXA SA's planned $15.3 billion cash acquisition of XL Group has spurred management change and departures at the soon-to-be-acquired company as integration plans progress. Announced in March, the ...
J&J Denies Baby Powder Asbestos Claims as Latest Lawsuit Reaches Trial
A trial for a lawsuit alleging that Johnson & Johnson Baby Powder was responsible for the death of a woman due to her exposure to cancer-causing asbestos began in South Carolina on Monday in the ...
EU to UK: Time Running Out to Seal Prompt, Stable Brexit Deal
The European Union on Monday warned Britain time was running out to seal a Brexit deal this autumn and ensure London does not crash out of the bloc next March, adding to pressure on Prime Minister ...
Artificial Intelligence Takes On Policy Form Development
Artificial intelligence (AI), which has made its mark in insurance in efforts to automate underwriting, rating, and claims adjusting, is now being deployed to read, categorize, and even modify the ...