The London Market Group notes that the market for captive insurance worldwide is expected to reach US$161 billion by 2030, but the UK currently sees none of this business.
Earnix, an insurance and banking solution provider, has partnered with insurance digital advisory Exavalu to help property and casualty (P&C) insurance carriers modernise pricing and rating flexibility.
The new guide aims to assist members in demonstrating fair value in premium finance provision.
British Insurance Brokers’ Association (BIBA) CEO Graeme Trudgill outlines his vision of cooperation and allyship to drive positive change across the industry in his BIBA Conference opening speech.
Chin will report to Alex Baker, group chief risk officer, and have group-wide responsibility for reserving and pricing actuarial teams across Hamilton’s underwriting platforms, including Hamilton Global Specialty, Hamilton Select and Hamilton Re.
WTW increased the maximum capacity of the CyXS facility by 50 per cent from US$50 million to US$75 million, in response to client feedback.
Allen will report to Kelly Superczynski, Aon’s global head of capital advisory, and be responsible for sourcing capital from global organisations to support Lloyd’s of London and risk transfer programmes.
Michigan-based fintech firm Acrisure has acquired Financial and Credit Insurance Services (FinCred) and Global Broking Solutions (GBS).
