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SRS reshuffles team

SRS has appointed Ron Sulisz (pictured left) as its new president effective from 15 May 2023, while Jenny Pooley (pictured right) will become CEO of SRS Cayman

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Zurich exits the Net-Zero Insurance Alliance

Global insurance company Zurich has exited the Net-Zero Insurance Alliance, one week on from Munich Re’s departure

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Risk Strategies acquires Connecticut-based firm MB&C

Risk Strategies has acquired MB&C, a Connecticut-based firm providing insurance placement, financial services, and risk management advice

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Skyward reshuffles leadership in captives and programmes

Skyward's Kirby Hill (pictured) says: "Under Ryan and Amy's leadership, we will accelerate the innovation in the services and the resources our existing and prospective partners can access"

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Stellantis picks BNP Paribas as exclusive partner for its Europe-based captive

Headquartered in Amsterdam, Stellantis is a manufacturing corporation formed from a cross-border merger between the Italy-American conglomerate Fiat Chrysler Automobiles and the French PSA Group

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Cowbell appoints Simon Hughes to lead UK operations

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

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RISCfp introduces managed treasury pool notes

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

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Sompo International granted FINMA licence to write primary insurance

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

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BMS acquires UAE broker Berns Brett Masaood

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

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Bakshi joins Mosaic

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

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DARAG Group completes new agreement with Cayman-based captive company

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

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NRRA set to oppose Florida bill after RRG fears

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

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