Operations/tech

Summers appointed global business leader at AdvantageGo

Ian Summers has joined the commercial (re)insurance software provider after being CEO of Verisk Specialty Business Solutions.

Marcel Le Gouais, 18 November 2022
Former Pro Global CEO Niemczewski takes advisory role at Eigen

Artur Niemczewski has held leadership roles at WTW, Marsh, Asta and DXC.

Marcel Le Gouais, 17 November 2022
WTW launches pilot for digital trading platform with LSM, Markel

The platform will automate a range of processes across risk submission, risk appetite evaluation, underwriting and pricing for quotation, using a lead algorithm.

Marcel Le Gouais, 17 November 2022
Argo claims to be ‘more attractive’ to buyers, as 80 parties approached

The carrier is urging shareholders to appoint all seven of its nominees to the board in an annual meeting next month, amid activist investor pressure.

Samuel Casey, 16 November 2022
Marsh McLennan CEO Doyle to receive $1.4mn salary, $3.5mn target bonus

In addition, the executive will be eligible to participate in the company's long-term incentive program with a target grant date value of $11.1mn.

Jairo Ibarra, 15 November 2022
Lloyd’s grants Antares’ Bermudian unit coverholder status

The move comes after Antares Syndicate 1274 secured a 16% stamp capacity increase for 2023.

Rachel Dalton, 15 November 2022
Argo fires latest shot at Bobman and Michelson in shareholder letter

The Bermudian claimed Ron Bobman and David Michelson’s directorship would ‘diminish’ the board’s capabilities and expertise.

Rachel Dalton, 09 November 2022
Ki gets green light from Lloyd’s to write $1.2bn in 2023

The follow-only syndicate is one of the fastest growing entities in the market’s history.

Adam McNestrie, 08 November 2022
Andrade says corporate mission provides competitive edge as Everest rebrands

In an interview, the CEO also addressed the carrier’s international expansion and portfolio remediation.

Adam McNestrie, 02 November 2022
Global InsurTech investment falls to $2.35bn in Q3, but seed funding holds up

The latest Gallagher Re InsurTech study shows that, beyond the biggest funding rounds in Q3, investment fell to its lowest level since early 2020.

Marcel Le Gouais, 01 November 2022
Capital Returns says Bobman, Michelson should replace Ramji, Bailey on Argo’s board

Argo is set to hold its annual meeting with shareholders on December 15, when seven nominees will be elected to the board.

Jairo Ibarra, 31 October 2022
CII hack: Personal data of 20% of customer records accessed

The Chartered Insurance Institute has confirmed that data including names, addresses and dates of birth were obtained in the cyber security incident.

Marcel Le Gouais, 31 October 2022