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Allianz X to buy UK InsurTech Innovation Group to ‘unleash potential’

Innovation Group specialises in business process and claims management solutions and will continue to operate independently.

Samuel Casey, 11 October 2022
Gallagher launches marine practice in Peru with team of six

The unit is led by marine veteran Ricardo Castro, who joined the firm from Marsh and has over four decades of experience in the industry.

Jairo Ibarra, 10 October 2022
InsurTech Archipelago co-founder Siggers departs

The executive, who had worked at the AI-driven platform for over four years, announced his departure on social media.

Jairo Ibarra, 10 October 2022
Airbus and Michelin among participants in new European cyber mutual

Miris will offer up to EUR25mn of capacity to each member, with policies incepting from 1 January 2023.

Samuel Casey, 10 October 2022
Argo open to all-paper merger deals in strategic process

A broader approach to deal structure leaves room open for a private firm to reverse into the company to go public.

Adam McNestrie, 10 October 2022
‘No evidence of compromise’ detected at Lloyd's after system shutdown

Sources told Insurance Insider that unusual activity was the result of an update to some of Lloyd’s systems, however the Corporation declined to comment on speculation.

Samuel Casey, 10 October 2022
Allianz Re names Pehar CMO to lead third-party business

The third-party business brings in around EUR1.8bn ($2bn) of Allianz Re’s portfolio.

Fiona Robertson, 10 October 2022
Consilium builds out financial lines team with six hires from Ed Broking

Consilium’s financial lines operation specialises in professional and executive risks as well as cyber.

Samuel Casey, 10 October 2022
AM Best removes review and affirms financial strength rating of Brazil’s IRB

The changes come after the Brazilian carrier raised 1.2bn reals ($230.5mn) in a restricted share offering.

Aisling Finn, 10 October 2022
Probitas 1492 lures across Aguta to lead cyber strategy

Ezeugo Aguta joins former colleague Richard Taylor, who left Munich Re to help Probitas enter the cyber market at the end of 2021.

Aisling Finn, 10 October 2022

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