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20+ Willis specie team defects to JLT
More than 20 of Willis's specie, fine art and jewellery specialists have left to join JLT Specialty, The Insurance Insider can reveal
Charlie Thomas
,
02 April 2015
Xchanging’s Pell to leave
Max Pell, the head of the London market's back office joint ventures with Xchanging, is to leave the outsourcing organisation in the second quarter.
Peter Hastie
,
02 April 2015
Willis appoints Scope as Bermuda chairman
Willis has appointed Paul Scope as chairman of Willis Bermuda, the global broker announced today (2 April)
Himal Patel
,
02 April 2015
CNA Hardy expands cyber offering
CNA Hardy has broadened its cyber product offering to include cover for stock contamination, telephone hacking and cyber extortion, the carrier has said.
Jenny Messenger
,
02 April 2015
Ryan Specialty launches E&S property MGU Windward Specialty
Ryan Specialty Group's (RSG) underwriting management arm has launched a new MGU, Windward Specialty, to underwrite a broad range of property risks through wholesale insurance brokers.
David Bull
,
02 April 2015
National General buys auto MGA from Kingsway for $47mn
National General has closed a deal to buy New Jersey MGA Assigned Risk Solutions (ARS) from Kingsway Financial Services for $47mn in cash and potential earn-out payments.
David Bull
,
02 April 2015
XL launches venture capital fund to drive innovation
XL Group has launched a venture capital initiative to invest in companies that have a strategic focus on developing new capabilities in the insurance sector.
David Bull
,
02 April 2015
Allied World closes RSA Hong Kong and Singapore acquisitions
Allied World has completed its acquisition of the Hong Kong and Singapore operations of RSA in a cash deal valued at $193mn at current exchange rates.
David Bull
,
02 April 2015
Integro buys UK retail broker NPA
New York-based Integro has continued on the acquisition trail with a deal to buy UK intermediary NPA Insurance Broking Group on undisclosed terms as it looks to build out its retail presence on the other side of the Atlantic.
David Bull
,
02 April 2015
Ace and BlackRock launch ABR Re after $800mn fund raise
Ace and BlackRock have officially launched ABR Re after raising $800mn of capital through a private placement in a move first revealed by The Insurance Insider in September last year.
David Bull
,
02 April 2015
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