News

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Worldwide Broker Network adds EPIC exec to its board

The Worldwide Broker Network (WBN), the global network of independent insurance and benefits brokers, has named Scott Davis, the president of the national specialty group at EPIC Insurance Brokers and Consultants, to its board.   14 April 2021

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AXA and Microsoft promise to revolutionise healthcare with new digital offering

AXA has teamed up with Microsoft to build a digital healthcare platform that will provide virtual healthcare for anyone who wants it.   14 April 2021

Actuarial & underwriting

The only way is up for cyber premiums, warns Gallagher Re white paper

The cyber market may never again experience a soft market, as demand for cyber continues to increase and attacks become increasingly sophisticated, according to a new white paper published by Gallagher Re, titled Cyber In The 2020s: A Question of Capacity.   14 April 2021

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Callan beefs up its alternatives consulting group with two hires

Callan, the institutional investment consulting firm, has hired David Smith and Jonathan Farr to work in its alternatives consulting group.   14 April 2021

IT & claims management analysis

Valenz acquires Kozani Health as it builds out its ecosystem of data and solutions

Vālenz has acquired Kozani Health, a provider of customised solutions to meet the challenges of paying medical claims appropriately.   13 April 2021

Actuarial & underwriting

DUAEs offer a captive performance guarantee

Delegated underwriting authority enterprises that are willing to eat their own cooking by taking risk in a captive are likely to perform better over time, according to Greg Lang of the Reinsurance and Insurance Network.   13 April 2021

Executive Appointments

How captives can take medical stop loss to the next level

In the COVID-19 era, employers are intensely focused on the wellness of their workforce, how to facilitate positive change and how to cut health-related losses. Captive strategy is one way in which organisations can proactively manage healthcare costs, according to CICA’s Building the Best digital education series.   13 April 2021

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Faries named as Horseshoe’s CEO as Perez steps into advisory role

Kathleen Faries, the chair of ILS Bermuda and director at the Bermuda Insurance Institute (BII), has been appointed as the new chief executive officer (CEO) of Horseshoe, the insurance linked securities specialist and fund administrator.   12 April 2021

Actuarial & underwriting

Generali GC&C reshuffles its underwriting management team to enhance strategy execution

Generali Global Corporate & Commercial (GC&C) has reshuffled its management team as it looks to enhance its strategy execution capabilities.   12 April 2021

Law & regulation

IRS warns micro captive owners to get out of them as soon as possible

Participants in abusive micro-captive insurance arrangements should exit these transactions as soon as possible, Internal Revenue Service (IRS) officials have warned.   12 April 2021

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