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AM Best: rated captive insurers post largest premium increase in a decade

The statistic was published in AM Best’s market segment report, ‘Feasibility and Utility Sustain Captives’ Excellent Profitability

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Bowhead Specialty implements Guidewire’s InsuranceNow product

Guidewire is a software company that focuses on property and casualty insurance offerings

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BMS Re appoints Russell McGuire as head of origination

McGuire will sit on the firm’s executive committee

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Jeff Fitzgerald rejoins SRS to head new EB division

Jeff Fitzgerald has rejoined Strategic Risk Solutions (SRS) as managing director of SRS Benefit Partners

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Hylant promotes Anne Marie Towle to CEO global risk management

Towle will lead the global risk management team alongside serving in her current role as CEO of global captive solutions

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RMC Group welcomes Sue Nelson as vice president of employee benefits

Nelson will lead the group’s health and benefits division

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Lockton Re licences CyberCube’s industry exposure database

Lockton Re has expanded its partnership with cyber risk analytics firm CyberCube to licence CyberCube’s industry exposure databases

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Spring appoints TJ Scherer as vice president

Scherer will be responsible for growing the business’ property and casualty, and captive insurance space

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Ryan Specialty appoints Francesca Cornelli to board of directors

Cornelli will also serve as a member of its audit committee

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Marsh: Global insurance rates continue to moderate

Global commercial insurance prices increased 3 per cent in the Q2 of 2023

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Augment appoints Charlie Love and Henry Mikrut to senior leadership roles

Reinsurer Augment has appointed Charlie Love and Henry Mikrut (pictured) to senior leadership roles

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Mosaic expands global summer intern programme

Specialty insurer Mosaic has expanded the third year of its internship to include five students at its Bermuda, New York, Chicago, and London offices

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