Monthly Archives: <span>May 2020</span>

BMS Names Former Everest CEO Addesso as Non-Exec Chair of U.S. Reinsurance Arm

BMS Group, the London-based specialist re/insurance broker, announced the appointments of Dominic Addesso as non-executive chairman and LoriAnn Lowery-Biggers as an independent non-executive director of BMS Intermediaries Inc., the group’s U.S. reinsurance intermediary arm. Addesso and Lowery-Biggers also join as …

Allianz Group Appoints Richter to Lead Cyber Center of Competence

Dr. Catharina Richter will be appointed global head of Cyber Center of Competence for Allianz Group, effective June 1, 2020. The Cyber Center of Competence (CoC) coordinates and steers cyber risk underwriting and governance across Allianz Group and is embedded …

Generali Digitizes Art Insurance, Offering Collectors Remote Evaluation of Artworks

ARTE Generali, Generali Group’s business unit that provides art insurance to collectors, has unveiled a new app, which offers remote evaluation of artworks. In addition, ARTE Generali has set up a program to support small galleries, museums and art dealers …

Navigating today’s uncertain insurance climate using Automation. How one company is helping Texas Agents figure it all out!

West Palm Beach, FL, May 20, 2020 – Challenging times call for new strategies; these days the keystone for professional success lies with innovation! One tech company based out of South Florida blazes a trail for Florida and now Texas …

Brexit Talks Become Acrimonious as UK Slams EU’s ‘Unworthy’ Trade Offer

Boris Johnson’s chief Brexit negotiator accused the European Union of offering the UK only a “low-quality” trade deal as talks between the two sides descended into acrimony. In a dramatic intervention in the increasingly fractious negotiations over the future UK-EU …

For Third Point Re, COVID-19 Crisis Hurts, but It Celebrates 1st Underwriting Profit

Third Point Re reported a net loss of $183.6 million for the first quarter of 2020 due to COVID-19-related investment volatility – but the company still had big reasons to celebrate. For the first time since its inception in October …

Wisconsin’s M3 Insurance Joins TechAssure

TechAssure, an international nonprofit association of insurance and risk management experts for technology-related risks, has named Madison, Wisconsin-based M3 Insurance as a new member. A top 50 insurance broker and risk management firm, M3 employs more than 300 people from …

Mississippi to Offer $300M in Virus Relief Grants for Small Businesses

Mississippi Gov. Tate Reeves said last week that he expects to sign a bill to create grants for small businesses by using part the state’s coronavirus relief money. The governor’s staff was involved in negotiations that led to the bill …

Holmes Murphy’s CSDZ Adds Beyer to Minnesota Risk Management Team

CSDZ, a Holmes Murphy company, has added Cal Beyer to its Minnesota team as vice president of Workforce Risk and Worker Wellbeing. Beyer has over 30 years of safety, insurance, and risk management experience, with 24 of those years serving …

West Virginia Expands State Reopenings Ahead of Memorial Day Weekend

West Virginia Gov. Jim Justice on Monday expanded his plan to lift coronavirus restrictions while acknowledging that cases will likely rise as the economy reopens. The Republican governor has added indoor malls to the growing list of businesses set to …