News

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Energy sector sees biggest price rises in UK commercial D&O

Pricing for commercial directors’ and officers’ liability (D&O) insurance placed in the UK increased nearly 130 percent on average in 2020, according to analysis by Marsh Specialty. Prices had increased by an average of over 50 percent in 2019, Marsh said.   28 May 2021

article

Butler University risk and insurance professor rejoins Henriott Group after ten years

Henriott Group has rehired Zach Finn, the clinical professor and director of the Davey Risk Management and Insurance Programme at Butler University.   28 May 2021

Law & regulation

EIOPA appoints Dutch central banker as chair

The European Insurance and Occupational Pensions Authority (EIOPA) has named a new chair.   28 May 2021

article

CCIA names new president as DiCenso steps down

The Connecticut Captive Insurance Association (CCIA) has named a new president and three new board members.   27 May 2021

IT & claims management analysis

Crawford & Co expands its offering in New Zealand

Crawford & Company, the independent provider of claims management and outsourcing, has welcomed a new network partner in New Zealand.   27 May 2021

article

McLarens eyes expansion of its TPA business with new hire

McLarens, the global insurance services provider, has hired a global head of third party administration (TPA), a new role for the company as it looks to expand its offering.   27 May 2021

Actuarial & underwriting

R&Q novates four QBE LPT agreements with ILS P&C Re

Randall & Quilter Investment Holdings (R&Q), the non-life global speciality insurance company focused on programme management and legacy insurance businesses, has novated four loss portfolio transfer (LPT) agreements to provide finality for QBE Group.   27 May 2021

Actuarial & underwriting

McGill and Partners poaches Aon exec as it strengthens its portfolio solutions team

McGill and Partners has named Ken Lorber as a partner in its San Francisco office.   26 May 2021

Actuarial & underwriting

Evertas secures seed funding in drive to develop crypto infrastructure

Evertas, the crypto insurance company that has provided underwriting for captive insurers, has raised nearly $5.8 million in seed funding.   26 May 2021

Actuarial & underwriting

Need to know: understanding the benefits of captives

In a hardening market where reinsurers are increasingly reluctant to deploy their capital, the option of issuing coverage from a captive is more attractive than ever. Courtney Claflin, executive director of the University of California captives programme, explains.   26 May 2021

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