The Cayman Islands Monetary Authority has revoked CTS Captive Management insurance managers licence for regulatory breaches and insolvency, effective 30 December 2020

StanCorp Financial Group and primary operating subsidiary Standard Insurance Company have promoted Dan McMillan as president and chief operating officer

McGill and Partners has launched a new entity in Ireland, marking an “important growth milestone”

Hub International, a full-service global insurance broker, has acquired CAPAX Management and Insurance Services

INSTANDA, a UK-based solution-as-a-service insurance software platform, has partnered with ADROSONIC, a digital consulting firm, to accelerate the digital transformation in the insurance industry

Aaron Hillebrandt, one of the firm’s leaders in the captive industry and alternative markets, serves as an appointed actuary for several insurance companies, captive insurance companies and self-insured entities

Molina Healthcare, which provides managed healthcare services under the Medicaid and Medicare programmes, has appointed Brian Maddy as plan president of Molina Healthcare of Oklahoma

The deal will see AXA sell its life and savings and property and casualty businesses in Greece for a total cash consideration of €165 million

MS Amlin Insurance has appointed Herbert Baeten as chief underwriting officer for its property and casualty business lines, subject to regulatory approval

Pro Global Holdings, global re/insurance outsourcing and consulting specialist, has expanded its services within Latin America with the opening of a wholly-owned office in Sao Paulo, Brazil

MAXIS Global Benefits Network has selected ICAS World, an employee assistance programme platform, as a global provider of counselling support and assistance

AXA XL has promoted Jason Mandik, Sandra Clarke and Jessica Carpita within its US risk management team