All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Howden snaps up retail broker U&F to bolster presence in Chile
U&F offerings include aviation, civil liability, construction, marine hull, motor and P&C, among others.
Verisk selects One Inc’s PremiumPay for insurance payments
The move allows inbound payment functionalities to be incorporated directly into the configurable architecture of the FAST system.
Allianz to shed 650 insurance jobs in UK amid market pressure
The insurer cited the “backdrop of higher claims costs and softening market conditions” within its personal insurance segment.
Mphasis partners with Sixfold to enhance AI-driven insurance underwriting
As an implementation partner, Mphasis will integrate Sixfold’s AI platform to assist insurers in accelerating their underwriting processes.
Australia’s TAL partners with Cover Genius for embedded life insurance product
Dubbed backd by TAL, the new offering will target part-time workers, contractors and casual employees.
Wefox wraps up sale of Italian operations to J.C. Flowers
The existing leadership team at wefox Italia will continue to steer the company under this new ownership structure.
Hiscox Syndicates names new COO
Harriet Hanna will assume her new role in September, succeeding the retiring Adam Rushin, who has served Hiscox for more than 25 years.
Marsh unveils insurance facility for data centre construction in Europe and UK
The facility, Nimbus, offers up to €1bn ($1.16bn) in construction all-risks coverage and up to €350m for delay in start-up.
Lockton annual revenue jumps 13% to $4bn
Lockton Re, the company’s reinsurance division, posted a 29% year-over-year revenue increase.
Intact’s BrokerLink acquires three insurance brokerages in Canada
The acquired companies are Avergate Insurance and Keyes Insurance Brokers in Ontario, and CDM Insurance Brokers in Alberta.