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WTW welcomes Clarke as President of Risk and Broking

Lucy Clarke replaces Adam Garrard, who will take on the new role of division chairman

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Artex acquires Malta-based Bee Insurance Management

Simon Camilleri, former managing director of Bee Insurance, has assumed the role of executive director at Artex

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AXA XL appoints Bailey as Head of Professional in Bermuda

Michelle Bailey will lead the professional lines underwriting team, including D&O, employment practices liability, wage and hour, errors and omissions, and cyber lines of business

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Davies’ European broking platform gets Lloyd’s accreditation

The accreditation will allow Davies to extend its UK broker incubation platform for clients aiming to grow and establish infrastructure in Europe through Brussels

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Fitch: CrowdStrike cybersecurity incident unlikely to pose financial risk to (re)insurers

Fitch advises that several factors will help mitigate insured losses, including the absence of insurance coverage, high deductibles, sublimits, and time element periods for business interruption claims

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Allianz to acquire majority stake in Income Insurance

The proposed transaction, with a value estimated at US$1.64 billion, aims to expand and strengthen Allianz’s presence in Singapore

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Giles appointed Chief Growth Officer at Skyward Accident and Health

Giles will oversee the company's growth and expansion initiatives, as well as the formation and development of group and single-parent stop-loss captives

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Alliant Insurance opens Honolulu office

Alliant Insurance Services has opened an office in Honolulu, Hawaii, and hired Chad Karasaki as managing director and Michael Grossi as executive vice president

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Kindstedt promoted to President at Advantage Insurance

Christina Kindstedt joined the company in 2017 to open its office in Vermont, after working at WTW for more than 14 years

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H&M launches reinsurance captive in Sweden

The H&M Group has formed its reinsurance captive Hennes Insurance after being successfully registered with the Swedish Companies Registration Office

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Everest launches multi-vehicle capital management platform

Everest Group has restructured its alternative capital business, launching Mt. Logan Capital Management, licensed as an insurance manager by the Bermuda Monetary Authority

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Aon names Schmidt as Global Industry Leader

Petra Schmidt has worked at Aon for nearly 28 years, having recently served as a global financial institution's commercial leader

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