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Konsileo raises £4.7mn in Series A funding to ramp up recruitment

The funding will be used to hire dozens more client directors by the end of the year and expand the platform.

Aisling Finn, 06 July 2022
Insurers receive 4,360 claims related to NSW floods since 1 July

In the last 24 hours, more than 35,000 people have been evacuated or asked to prepare to do so.

Aisling Finn, 06 July 2022
FCA COO sets out plan to overhaul chaotic approvals process

The FCA’s executive director of authorisations Emily Shepperd has described how the watchdog is resolving a lengthy case backlog.

Marcel Le Gouais, 06 July 2022
CEA adds TigerRisk to broking team

Its total risk transfer programme is sized at just over $9bn, down $400mn from year-end 2021.

Martha Muir, 05 July 2022
QBE Re names Salvatore Sama to US head of finpro and casualty treaty

The company also promoted Jane Farren to vice president of US financial and professional lines and made permanent Tim Barber’s role as general manager for North America.

Kyoung-son Song, 05 July 2022
Tokio Marine on risk for ~$1bn South African Toyota flood loss

Mitsui, Tokio and Sompo are to split the loss, which will be absorbed by retentions and property XoL treaties.

Rachel Dalton, 05 July 2022
Markel promotes Philpin to head of trade credit

Simon Philpin will be based at Markel’s London office and report to Carl Titterton, divisional managing director of trade credit, political risk and surety.

Luke Harrison, 05 July 2022
RiverStone International makes trio of senior appointments

David Rocke becomes group head of M&A, Jamie Saunders CUO and David Alexander strategy director.

Aisling Finn, 05 July 2022
PPL confirms February 2023 release for NextGen platform

The much-delayed NextGen 1.0 release will replicate the current system’s capabilities with an improved user interface.

Marcel Le Gouais, 05 July 2022
AO World’s shares fall as Atradius pulls credit cover for suppliers

The online electrical-goods retailer’s shares have fallen 14% since Friday.

Luke Harrison, 05 July 2022

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