Cowbell, the provider of cyber insurance for SMEs, has appointed Simon Hughes as general manager to launch its UK operations

Financial solutions provider RISCfp has introduced managed treasury pool notes to enable insurers to diversify or reduce their short-term investment risk as they pledge collateral

Property and casualty (re)insurance firm Sompo International has been granted a Swiss insurance branch licence from the Swiss Financial Market Supervisory Authority

BMS has entered an agreement to acquire a majority share in United Arab Emirates insurance broker Berns Brett Masaood

Mosaic Insurance has appointed Reeva Bakhshi (pictured) as chief financial officer as part of the strategic development of its specialty insurer’s corporate division

The transaction structure is a renewal of a previous novation agreement, with DBL assuming additional policy years

The proposed bill — which was introduced by committee vice chair and Florida senator Nick DiCeglie — was unanimously approved by the Senate Banking & Insurance Committee at a meeting on 22 March 2023

AM Best has affirmed ratings for NiSource Insurance Corporation, Inc (Salt Lake City, UT) with a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent)

The firm will assist businesses in forming and managing captive insurance companies domiciled in Oklahoma and other locations

HDI Global has appointed Konstantinos Semertzoglou (pictured) as executive manager of its Athens office

Audit and tax firm Strickland Hardee PLLC has appointed Nicholas Wicker as director of nonprofit and governmental services

The Cayman Islands’ regulatory agency issued 33 new licenses in the past year, according to Q4 2022 figures released by the Cayman Islands Monetary Authority