The purchase came from Aon’s funds affiliated with NFP’s main capital sponsor Madison Dearborn Partners and with HPS Investment Partners for US$13 billion.
She has more than 15 years of experience working with captives, and has expertise in risk management, financial services and financial analysis.
Swiss Re Life Guide Scout is a generative AI-powered underwriting assistant for life and health insurance, developed in collaboration with Microsoft Azure OpenAI service.
The legislation, known as the EU's main piece of legislation in the insurance area, cites captives under its definition of ‘small and non-complex undertakings’.
The report also notes that rates continued to be relatively consistent, with most regions experiencing small decreases in the same period.
Vallejo joined Davies in 2015, having served in senior roles in the banking and markets team.
The platform extracts and normalises electronic health record data directly from the source, highlighting key points essential to underwriters and providing triage guidance.
In his new role, he will direct BMS Re’s operational expansion, from digital and technological capabilities to collaboration with its London and Bermuda offices.