Willis Towers Watson has expanded its proprietary cyber risk quantification modelling platform, Cyber Quantified, with integrated security ratings from SecurityScorecard.
ProSight and Altruis, the new firm being created by ProSight founder and former CEO Joe Beneducci, will offer captives a full range of services, including policy and documentation, servicing, premium collection, recordkeeping, claims handling and loss control.
Risk Strategies has acquired Weaver Brothers Insurance, a Maryland-based brokerage.
Nakamoto, the captive established by virtual currency exchange Gemini, will “bolster its position as one of the leading digital currency exchanges worldwide,” according to Nick Williams, partner at international law firm Clifford Chance.
Specialty insurer ProSight Global is entering the captive insurance market in a move the company described as “a natural evolution of ProSight’s product offerings and capabilities.”
MAXIS Global Benefits Network (MAXIS GBN), the international employee benefits joint venture between MetLife and AXA, has appointed Damian Allepuz Lemmens as regional manager for Western Europe.
Risk Strategies has promoted Tracy Hoffman and Matthew Smith to be executive vice presidents of its national health care practice.
Specialist insurer Beazley has appointed Justin Sanches as an underwriter within its US healthcare liability team.
R&Q has acquired the Montana captive insurer Vigneron Insurance Company, and promised more acquisitions in the coming weeks.
Cannasure Insurance Services, an insurance MGA and wholesale broker for the cannabis and hemp industries, has hired Summer Jenkins as senior product development manager.