political violence and terrorism News

Markets/Coverages: MGA Optio and Insurer Partner AmFirst to Offer Political Violence & Terrorism Cover

Optio Group, the London-based specialty managing general agent (MGA), announced it has entered into an agreement with a new insurer partner to provide underwriting capacity for political violence and terrorism (PVT) risks. The partner company – AmFirst Insurance Co. (AmFirst) …

People Moves: BHSI Promotes McGriskin to Lead UK FI; Former Enstar Exec Rocke Heads RiverStone Int’l in Bermuda; Tysers Hires Aon’s Lucas for Political Violence & Terrorism Team

This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), RiverStone International and broker Tysers. A summary of these new hires follows here. BHSI Promotes McGriskin to Head of UK Financial Institutions Berkshire Hathaway Specialty Insurance …

People Moves: SiriusPoint Appoints Bernina Re’s Kull as CRO; Hiscox Names Breeze Interim CFO; Tysers’ Simpson Leads BMS’ Terrorism, Political Violence Team

This edition of International People Moves details appointments at re/insurer SiriusPoint, insurer Hiscox and broker BMS. A summary of these new hires follows here. SiriusPoint Appoints Bernina Re’s Kull as CRO SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, has …

Mosaic Offers $600M of Capacity for War, Terrorism and Political Violence Risks

Bermuda-based Mosaic Insurance has extended its war, terrorism and political violence coverage to offer up to $600 million per risk. The increased capacity allows the company to serve clients via domestic U.S. or Bermuda markets through underwriting teams in both …

Specialty MGA Rokstone Launches Terrorism Facility in the UK, Led by Ensurance’s Steel

Rokstone, the London-based speciality re/insurance managing general agency, has launched a new terrorism facility with “A”-rated capacity in the UK. The news follows the launch of its terrorism product in the U.S. in July this year, continuing its push to …

People Moves: Lockton’s Reese Joins Cowbell Cyber; Optio Expands Political Violence Unit with Kirby; AXIS Names 3 to U.S. Renewables

Lockton’s Reese Joins Cowbell Cyber A former Lockton executive has joined Cowbell Cyber as its new head of Insurance. Chris Reese will focus on the company’s business . Reese brings more than 35 years of experience in cyber insurance. Before …

Africa Specialty Risks Secures $10M of PVT Capacity from Atrium at Lloyd’s

Africa Specialty Risks (ASR), the pan-African focused reinsurance managing general agent, announced it has secured an additional $10 million in capacity for its Political Violence and Terrorism (PVT) division from Lloyd’s insurer Atrium Underwriting Ltd. This is in addition to …

People Moves: Hiscox’s Barriol to Liberty Specialty; Howden MGA DUAL Offers Forestry, Hiring White Oak’s Steward

This wrap-up of international People Moves details recent appointments at Liberty Specialty Markets and underwriting agency DUAL, which is part of Howden Group Holdings. A summary of these new hires follows here. Liberty Specialty Markets (LSM), part of Liberty Mutual …

Chubb Launches Non Damage Terrorism Product for Businesses

Chubb has launched an insurance coverage aimed at bridging gaps in traditional terrorism business interruption policies. Chubb’s Non Damage Terrorism Solutions is a single policy offering non damage business interruption, plus employee and customer care assistance as a result of …

U.K. MGA Optio Buys Political Violence and Terrorism MGA, Newbridge Risk Partners

Optio, the London-based MGA that comprises Ascent Underwriting, Cove Programs and broker Bay Risk Services, announced it has acquired specialist political-violence and terrorism MGA Newbridge Risk Partners from Castel Underwriting Agencies Ltd., the club-style MGA formation platform. Financial details of …