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WTW: businesses concerned over losses due to reputational risk

Some 86 per cent of Willis Towers Watson clients are concerned about loss of income and a reduced customer base due to reputational risk, according to WTW’s 2020 Reputational Risk Survey

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BDO promotes two tax and advisory partners

BDO, accountancy and business advisory firm, has promoted two new partners across its tax, audit and advisory teams serving the insurance markets.

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Lauren Gregory joins Alliant Insurance Services

Lauren Gregory has joined Alliant Insurance Services as senior vice president of the firm’s specialty group, Public Entity

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Ashok Krishnan takes on new role at AXA XL

AXA XL has appointed Ashok Krishnan as chief data and analytics officer

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Kevin Gordon joins BMS Group from Willis Re

BMS Group, the independent specialist insurance and reinsurance broker, has appointed Kevin Gordon as senior vice president, treaty reinsurance

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Labuan IBFC signs MoU with rating agency RAM

The new rating service for companies based in Labuan IBFC will evaluate the performance and financial standing of Labuan entities

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Vermont welcomes 38 new captives in 2020

The Vermont Department of Economic Development has revealed the state licensed 38 new captive insurance companies in 2020

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Arizona licenses 12 new captives in 2020

The Arizona Department of Insurance and Financial Institutions has confirmed the state licensed 12 new captive insurance companies in 2020

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Bermuda grants AkinovA insurance marketplace provider license

AkinovA explains that this makes them the first new regulated insurance marketplace since Lloyd’s of London Act of parliament in 1871

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Corant Global launches

Corant will become the holding company for all the insurance interests of BGC Partners, a global brokerage and financial technology company

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AGCS: business interruption, pandemic and cyber named top business risks

Business interruption, the COVID-19 pandemic outbreak and cyber incidents are this year’s top business risks, according to the Allianz Risk Barometer 2021 survey

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BevCap names John Kirke president of its healthcare division

John Kirke has joined BevCap Management, a programme manager for both casualty and medical stop-loss captive insurance companies in multiple domiciles, as president of the firm’s healthcare division

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