News
- Joe Melly named Head of Casualty sub-segment at Moody’s Insurance Solutionsby Beth Musselwhite on 18/06/2025 at 12:30 PM
Michael Steel, General Manager at Moody’s – Insurance Solutions, has announced the appointment of Joe Melly as the new Head of the Casualty sub-segment within Moody’s – Insurance Solutions. Melly will also join the company’s Senior Leadership Team. During his time at Moody’s, Melly has played a key role in shaping and delivering its […]
- Israel’s gov-backed insurance scheme to cover majority of conflict lossesby Kane Wells on 18/06/2025 at 12:04 PM
S&P has indicated that Israel’s government-backed insurance scheme is expected to absorb most losses related to the conflict with Iran, and the agency does not currently anticipate taking negative rating actions on the country’s insurance or banking sectors. The Israel-Iran conflict has intensified in recent days, sparking global concerns […]
- Guy Carpenter and Valloop enable £40bn in surety capacity for SME employee buyoutsby Taylor Mixides on 18/06/2025 at 11:30 AM
Guy Carpenter, a risk and reinsurance specialist, has announced a partnership with Valloop, a financial platform focused on employee ownership, to support employee buyouts of small and medium-sized enterprises (SMEs) through a new financial structure. The collaboration secures up to £39 billion in surety-backed capital from a consortium of […]
- Legacy Roundtable: Stakeholders eager to close perception gap & advance run-off marketby Luke Gallin on 18/06/2025 at 11:00 AM
Around the annual meeting of the legacy insurance and reinsurance marketplace in Brighton, UK, last month, we hosted a roundtable discussion in partnership with global reinsurer Swiss Re, during which experts from across the market discussed trends, opportunities and challenges for the run-off world. Held on May 12th, 2025, it was the first […]
- Arch Insurance UK promotes Mark McGrady to Liability Underwriting Managerby Beth Musselwhite on 18/06/2025 at 10:00 AM
Arch Insurance UK Regional Division has announced the promotion of Mark McGrady to Liability Underwriting Manager. McGrady will report to Stuart Danskin, Director of Underwriting for the UK Regional Division. In his new role, McGrady will lead the company’s underwriting activities across the product-led liability portfolio while continuing to […]
- Testudo launches AI insurance underwriting platform backed by Lloyd’s Labby Taylor Mixides on 18/06/2025 at 9:30 AM
Lloyd’s of London-backed start-up Testudo, part of Lloyd’s Lab innovation accelerator, has launched a new data and technology platform aimed at underwriting insurance policies for risks associated with artificial intelligence. Testudo, a company incubated through several legal and enterprise accelerators and supported by investors including […]
- Tokio Marine HCC appoints Elizabeth Geary as President & CEO, NA P&Cby Beth Musselwhite on 18/06/2025 at 9:00 AM
Tokio Marine HCC (TMHCC), a specialty insurance provider, has announced the appointment of Elizabeth Geary to the newly created role of President & CEO of North America P&C, effective June 30th, 2025. Based in New York City, Geary will report to Susan Rivera, CEO of Tokio Marine HCC. In her new role, she will lead The post Tokio Marine […]
- Slide to receive $283m from upsized IPOby Kane Wells on 18/06/2025 at 8:30 AM
Slide Insurance has announced the pricing of its upsized initial public offering of 24,000,000 shares of its common stock, par value per share $0.01, at a public offering price of $17.00 per share. Slide has revealed that it is offering 16,666,667 shares, and certain selling stockholders are offering 7,333,333 shares. Based on the offering price, […]
- Howden acquires Chilean retail insurance broker U&Fby Saumya Jain on 18/06/2025 at 8:00 AM
Howden, the global insurance and reinsurance broking group, has acquired a Santiago-headquartered independent retail insurance broker, Ureta & Fernandez Corredores de Seguros Limitada (U&F). U&F was founded in 2010 by Felipe Ureta, the current Chief Executive Officer (CEO), with Matias Fernandez joining shortly after. The broker […]
- Resilience names Colonel Judson C. Dressler to lead Risk Operations Centre expansionby Taylor Mixides on 18/06/2025 at 7:00 AM
Resilience, a provider of cyber risk solutions, has announced that recently retired Colonel Judson C. Dressler will join the company to lead its Risk Operations Centre (ROC). Dressler will be responsible for overseeing the expansion of the ROC—an internal risk intelligence and threat hunting capability designed to identify cyber risks early and […]