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Risk Strategies expands employee benefits practice with acquisition

Speciality insurance brokerage and risk management firm Risk Strategies has acquired Better Business Planning to expand its national employee benefits practice

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Sedgwick adds to board of directors

Sedgwick has appointed Charles Brooks and Christine LaSala as independent members of the firm’s board of directors

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Captive bill introduced to Alberta legislature

A bill has been introduced to the legislative assembly of Alberta that would allow for the formation of captive insurance companies in the province

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Vitol Holding captive ratings affirmed by A.M. Best

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Rembrandt Insurance Company, the Bermuda-based captive reinsurer of Vitol Holding

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Capterra adds captive account manager

Capterra Risk Solutions has appointed Judy Beeler as captive account manager responsible for working with clients, actuaries, accountants, attorneys and other services providers in all captive management services

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Aon: COVID-19 has made risk managers more aware of long-tail risks

Cyber is ranked as the number one risk globally according to Aon’s 2021 global risk management survey, as the COVID-19 pandemic has highlighted the increasing importance of being able to manage long-tail risks

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MS Amlin makes senior speciality reinsurance hire

MS Amlin Underwriting has named Rachael Wallington as head of speciality reinsurance, effective 1 November

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Marsh launches D&O liability insurance initiative

Insurance broker and risk advisory firm Marsh has launched a D&O liability insurance initiative to recognise US-based clients with robust and resilient ESG frameworks

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BMS selects Apex for carbon reporting service

Global reinsurance broker BMS has selected Apex Group to administer the latter’s Carbon Footprint Assessment and Reporting service

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Appleby names new Bermuda office managing partner

Appleby has appointed Brad Adderley as office managing partner in Bermuda, effective 1 January 2022

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SiriusPoint strengthens ties to parametric climate risk market

International speciality insurer and reinsurer SiriusPoint has partnered with Parameter Climate, a climate underwriting and distribution advisory company

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Aon hires US actuarial team lead for reinsurance solutions

Aon Reinsurance Solutions has appointed Tim Aman as executive managing director of the US actuarial team, based in the firm’s New York office

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