Specialty
Zurich Hires Ex-Swiss Regulator Giger as New Chief Risk Officer
Zurich Insurance Group hired a former Swiss regulator to become its new chief risk officer. Peter Giger will take on his new role at the company on Oct. 1, 2019. He replaces Alison Marton in the ...
New InsurTech Financings Focused on Agencies, Cyber and Analytics
Broker Buddha raised $4.5 million to help advance its agency operations technology that simplifies commercial insurance application and renewals. Kovrr, a Tel Aviv-based predictive cyber risk ...
Insurance and Other Securities Under Pressure Remain Private Equity Targets: Apollo Exec
Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away from the public markets. "Certainly, this is not a ...
Wildfire Victims in California Utility Bankruptcy Envision $24B Reorganization Plan
The committee for wildfire victims in the bankruptcy of PG&E Corp said in a court filing on Thursday it was prepared to present a $24 billion reorganization plan for the power provider. The ...
Aviation Industry Braces for Substantial Premium Hikes Due to 737 MAX Grounding
The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding ...
Brokers Can Be Catalysts for Specialty Products Innovation
In an era of insurance transformation, where process simplification and flawless customer service is expected, innovation in policy and product is a must—especially when it comes to the ...
The Latest Launches From Beazley and Coalition
Beazley released a broad policy designed to cover infringements of Title IX, the federal law that prohibits discrimination in any public education program based on sex. Coalition, an MGA focused on ...
Lloyd’s Plans Miami Office to Back Growth in Latin America, Caribbean Markets
Lloyd's plans to set up an office in Miami to support business development in the Latin American and Caribbean markets. "Latin America is a key market for Lloyd's, with premium close to US$1.5 ...