Parametrix Insurance, a provider of parametric cloud downtime insurance, and ComTech-Leavitt Insurance Services, a member of insurance brokerage Leavitt Group, have partnered to help businesses using the cloud reduce their exposure to cloud downtime. International Data Corp. forecasted in a …
Greenlight Re Innovations (GRI), part of Cayman Islands-headquartered Greenlight Capital Re Ltd., has received “in-principle” approval from Lloyd’s to establish an insurtech-focused syndicate. Syndicate 3456, which will commence operations in the second quarter of 2022, will be established under Lloyd’s …
Arthur J. Gallagher & Co. announced the acquisition of Romford, Essex-based Devitt Insurance Services Ltd. in the United Kingdom. Terms of the transaction were not disclosed. Founded in 1936, Devitt is a privately owned retail property/casualty insurance broker, predominantly focusing …
This edition of International People Moves details appointments at Chubb Global Markets, Brit Ltd. and Willis Towers Watson. A summary of these new hires follows here. Chubb Global Markets Appoints Abbott as Product Head Aviation Chubb appoints Simon Abbott as …
Specialty re/insurance group Chaucer announced the creation of a dedicated team for Renewable Power as part of plans to broaden its Energy Division and provide dedicated support to oil and gas clients as they transition towards cleaner and more sustainable …
Twitter has taken legal action against a rule, coming into force in Germany from Tuesday, that obliges social media firms to block or delete criminal content quickly and report particularly serious criminal offenses to the police, a German court confirmed …
A report released by Rio Tinto on Tuesday outlined a culture of bullying, harassment and racism at the global mining giant, including 21 complaints of actual or attempted rape or sexual assault over the past five years. Nearly half of …
State officials say a Lincoln trash truck caused more than $200,000 damage to a limestone wall at the Nebraska State Capitol. The Lincoln Journal Star reports the state filed a lawsuit last week against Uribe Refuse Services over the damage …
Cyber insurance and security provider Resilience Cyber Insurance Solutions has created a captive reinsurance company. Through the Bermuda-based captive, Resilience will retain a share of each risk it underwrites. CJ Pruzinsky, executive vice president and chief underwriting officer for North …
A Maryland coalition of insurance interests and trucking firms is hoping a House bill will put the brakes on towing companies that haul away big trucks after accidents and charge exorbitant fees. “It is not unreasonable to think the towing …
