The Worldwide Broker Network (WBN) announced the appointment of Antoinette “Toni” Gambonini as global property & casualty consultant. In this role, Gambonini will work with WBN member companies on six continents in the areas of cross-border training, new business opportunities …
Ryan Specialty Group (RSG) has launched a Latin American-focused managing general underwriter, Capital Bay Underwriting, based in Miami. Capital Bay’s central emphasis is financial lines re/insurance products for financial institutions and commercial entities across Latin America and the Caribbean. Capital …
The insurance linked securities (ILS) sector is set for another year of growth as the market recovers from 2017’s natural disasters, replaces lost capital and investors show mounting interest in ILS products. These are the findings of the latest quarterly …
Bermuda-based Artex announced the creation of Artex Risk Solutions (Singapore) Pte Ltd., its first office in the region, which will oversee the growth and development of Artex’s Asia Pacific captive and risk solutions strategy. Vic Pannuzzo has been hired as …
The number of live telematics-based policies reached almost one million – standing at 975,000 in 2017, according to the British Insurance Brokers’ Association (BIBA). The BIBA survey includes information from the leading telematics brands in the UK to determine the …
The deadline to participate in Insurance Journal’s annual Agency Salary Survey is approaching fast – participate by Feb. 2 to receive a complimentary copy of the survey results. ALL retail agency owners, principals, producers, CSRs — the entire agency — …
The Worldwide Broker Network (WBN) announced the appointment of Larry Mojumdar, CEO of Mojumdar & Co. Ltd., of Tokyo, to its board of directors. Mojumdar & Co. was established in 1955 in Tokyo. The company sells insurance products to both …
TigerRisk Partners LLC, the Stamford, Conn.-based re/insurance broker, announced that Marc Beckers has been named partner and head of EMEA. Beckers, most recently head of Aon Benfield ReSolutions EMEA, is one of Europe’s foremost experts on non-traditional risk-transfer structures and …
The performance of the commercial automobile segment continued to deteriorate through third quarter 2017, according to a new A.M. Best report. Commercial auto has been a sore spot in the property/casualty for several years. Commercial auto insurers have tried to …
Willis Re, the reinsurance business of Willis Towers Watson, the global advisory and broking company, has upgraded its cyber risk portfolio modeling tool PRISM-ReTM to include “silent cyber.” Willis Re defines “silent cyber” as potential cyber-related losses resulting from insurance …
