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  • Ex-Willis CEO Dominic Casserley, who left the broking giant after overseeing its merger with Towers Watson, has taken a role at private equity firm Warburg Pincus, The Insurance Insider understands.
  • Thunderstorms caused over $5.7bn of insured losses in the US during the first quarter, up almost 12 percent from the same period in the previous year and more may be in store later in the year, according to Aon Benfield meteorologist Steve Bowen.
  • WR Berkley has brought in Goldman Sachs insurance industry analyst Michael Nannizzi to fill a newly created role of evaluating potential InsurTech investments, the company said today.
  • US wholesale broking giant AmWins has struck a deal to buy Partners Specialty Group, the companies said today.
  • Nick Burkinshaw has stepped down as chairman of speciality at Fidelis, The Insurance Insider understands
  • The boards of the National Association of Professional Surplus Lines Offices (Napslo) and the American Association of Managing General Agents (AAMGA) have approved a proposed tie-up between the trade bodies
  • Evidence of an appreciable slowing in the rate of reductions in open market London business was there in the first quarter following three brutal years of cuts
  • Rob Jones, former London media and technology manager at Axis Capital, has launched a media and cyber managing general agent (MGA) on the Castel platform, The Insurance Insider understands
  • Technology and aggregated data are changing the nature of the insurance business while an aging workforce is effectively recasting the industry in a younger, more digitally savvy and learning-oriented mould, delegates were told during Axis Re's Future of Insurance Symposium
  • A technology app that can gather multiple carrier quotes for multi-line coverages could slash frictional costs and revolutionise the small commercial space, according to Ryan Specialty chairman and CEO Pat Ryan.