Insurer News – Page 136
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Markel opens Paris branch to support SMEs in the French market
The new office plans to work closely with a regional network of independent brokers
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Metro Bank partners with Churchill Expert to target SMEs with new insurance products
The SME products mark the bank’s ‘first stepping stone’ into insurance as it plans to launch pet and travel covers later this year
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QBE European Operations bags Collinson Group managing director for newly created role
The new chief customer officer position is ‘at the heart’ of the insurer’s business and customer strategy
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Lloyd’s bounces back from 2020 loss with £1.4bn profit before tax for H1 2021
Chief executive Neal notes that the market has produced a ‘strong set of financial results’ despite paying out nearly £10bn in claims – including for Covid-hit customers
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Former Brightside chief exec McCafferty takes on non-exec role at NPA Insurance
McCafferty feels NPAI ‘has genuine potential for growth in what is currently a difficult market for brokers’
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Axa sells insurance operations in Gulf region
The cash consideration for the deal with Gulf Insurance Group amounts to $264m
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Zurich Insurance UK signs three-year green parts deal with vehicle recycling company
The partnership aligns with Zurich’s ambition to ‘embed sustainability across our business’
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Beazley launches affirmative cyber cover for luxury yachts
With an £18m aggregate policy limit, the insurance product aims to combat cyber threats to superyachts using ‘preventative mitigation services, traditional asset indemnity and immediate response services to incidents’
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Aviva and Darwin hit milestone with autonomous vehicle passenger shuttle registration
Aviva will use data from autonomous vehicle trials to inform its current insurance offering for this type of mobility
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Zurich UK appoints chief underwriting officer from Lloyd’s
The new hire describes the move as ‘the natural next step in my career’
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Battleface launches insurance for space tourists
While space tourism is ‘still in its infancy’, the demand is indeed ‘growing’, explains chief executive
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FM Global reveals two new senior vice-presidents
The promoted senior leaders both joined the insurance company in the 90s
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Axa chief financial officer moves to MS Amlin Insurance SE
The hire has 25 years of experience from rival insurer Axa
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AllClear Travel Insurance buys Mapfre’s InsureandGo amid plans for ‘significant growth’
Meanwhile, Mapfre wants to focus on ’other ventures’ across other international markets
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Mission Impossible film studio sues insurer over Covid payout
The film company’s insurer is reportedly covering losses arising from one out of seven production delays or stoppages
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Mosaic Insurance appoints chief underwriting officer and underwriting director
The new hires will help the firm develop ‘the next generation of global specialty insurance’
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Brokers navigate commercial hard market and capacity issues using collaboration – Aviva
Aviva’s chief distribution officer says ’being close to the regional broking market is key’ to what the insurer does
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Zurich promotes internally for new group chief strategy officer
The appointed candidate will work towards ensuring a solid outline and consistent execution of the company’s strategy
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Lloyd’s of London teams up with geospatial insurtech
The partnership aims to build the world’s most advanced digital and technology-led insurance marketplace
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EasyJet hires former RSA boss Hester
Hester described himself as a ’long-standing admirer’ of the airline