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ATGI RRG files lawsuit against former managing general agent

American Transportation Group Insurance RRG has filed a lawsuit against its former managing general agent, MVT Insurance Services, along with its principal, Amrit ‘Andy’ Singh in the Superior Court of New Hanover County, North Carolina

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AXA COLPATRIA joins MAXIS GBN’s international network

Colombia insurance provider AXA COLPATRIA has joined MAXIS Global Benefits Network, to provide medical coverage for MAXIS GBN’s multinational clients in the country

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A.M. Best affirms Lion Re ratings

A.M. Best has upgraded the financial strength rating to A from A- and the long-term issuer credit rating to “a” from “a-” of Lion Reinsurance Company Limited, which is based in Bermuda. The outlook of these credit ratings remains stable

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Cayman sees positive Q1

The Cayman Islands Monetary Authority revealed that as of 31 March 2020 there were a total of 660 Class B, C and D insurance companies and 25 insurance managers under the supervision of the Division

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Babel Cover begins testing for digital bicycle insurance

As a first phase, Babel Cover has released a fully digital insurance product with the Maltese insurer Atlas and emerging technology firm Piprate to insure bicycles of competitive cyclists, triathletes and commuters of Malta

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Willis hires Gareth van den Bergh in Cayman

Gareth van den Bergh has been hired as a senior account manager at Willis Towers Watson (WTW), based in the firm’s Cayman office

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McGriff Insurance Services and McGriff, Seibels & Williams set for rebrand

McGriff Insurance Services and McGriff, Seibels & Williams, the retail insurance subsidiaries of BB&T Insurance Holdings are set to rebrand the businesses to McGriff

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Nissan’s captive issued ‘excellent’ ratings by A.M. Best

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Nissan Global Reinsurance, based in Hamilton, Bermuda

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Lesley Thompson to lead WTW’s Cayman office

Lesley Thompson, who recently joined Willis Towers Watson, has agreed to take on the leadership of the Cayman office, subject to the requisite regulatory approvals

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Airmic calls for change in approach to insurers’ pandemic response

Airmic has urged the insurance market to choose a more responsible position on the COVID-19 pandemic or the sector will risk long-term damage to trust and reputation and the loss of customers

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PARIMA calls on insurance market to work together in response to COVID-19

PARIMA has requested for the insurers and brokers across the Asia Pacific region to come together with flexibility and partnership in order for businesses in the region to survive as a result of the COVID-19 pandemic

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Ian Podmore to head AF Specialty captive operations

AF Group has hired Ian Podmore as director of captive operations at AF Specialty, based in Charlotte, North Carolina

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