financial lines News

Beazley Offers ‘Seamless’ Financial Lines Cover for Crime, PI & Data Breaches

Beazley has unveiled two sets of financial lines’ products for organizations domiciled outside the United States. One is designed for the specific needs of financial institutions and the other provides comprehensive management liability cover for traditional and emerging risks, the …

Beazley Taps HCC Global’s Segovia to Lead Financial Lines on Continent

Specialist insurer Beazley has appointed Lorena Segovia to the newly created role of financial lines regional manager for continental Europe. Based in the company’s new Barcelona office, Segovia will be responsible for the development of Beazley’s specialty lines business across …

XL Catlin Expands Professional Indemnity Offering in Iberia

XL Catlin’s insurance operation in Iberia announced an extension of its professional indemnity coverage. Traditionally, the coverage protects professional service firms against legal costs and claims for damages to third parties which may arise out of an act, omission or …

XL Catlin Launches Five Financial Institutions Insurance Solutions in Iberia

XL Catlin’s insurance operation in Iberia announced that it is launching five new insurance solutions for financial institutions. The coverage is for directors & officers liability, civil liability, comprehensive crime, private equity / venture capital liability and investment management. “Spain’s …

AXIS Insurance Expands Cyber Team with Arklie and Tillett Appointments

AXIS Capital Holdings Ltd. announced that Neil Arklie has joined AXIS Insurance as vice president, Financial Lines, and lead underwriter for its London-based international cyber insurance unit. Arklie will lead a team of experienced underwriters focused on writing cyber, media, …

XL Catlin Enhances D&O Offering in France

XL Catlin has enhanced its directors & officers insurance offering in France with the launch of three coverages catering respectively to mid-sized companies, publicly listed companies and financial institutions. These solutions protect business leaders – whether they act as CEO, …

Allied World Appoints Hall-Shaw as VP in Professional Lines Division

Allied World Assurance Company Holdings announced that Jacqueline Hall-Shaw has been appointed vice president, Professional Lines Division, based in London. She will report to Martin Heathfield, Senior Vice President, Professional Lines. Hall-Shaw has more than 15 years of experience in …

Pen Underwriting Names Scott as Head of Cyber Liability, Driving Cyber Growth

Pen Underwriting announced that Adrian Scott has been appointed to the newly created role of head of Cyber Liability. Scott takes responsibility for enhancing Pen Underwriting’s capabilities in cyber risk management and insurance, building a dedicated team of sector specialists …

Marketform Rebrands as ‘Neon’ After Completing Strategic Review

Marketform, the specialist Lloyd’s insurer, announced that the group has today re-launched as “Neon.” The re-launch coincides with the completion of a strategic review of the business, as CEO Martin Reith and the group’s new leadership team continue to progress …

Nexus Signs 3-Year Capacity Deal with XL Catlin to Write Financial Lines in Asia

Nexus Underwriting, the independent specialty managing general agent (MGA), has signed a three year underwriting capacity deal with XL Catlin in Asia through XL Insurance Co. SE. Through its new branch based in Hong Kong, Nexus Underwriting Asia (HK) will …