The BMW M2 Turbo Design Edition is a nod to the hardcore enthusiast — manual transmission and all. It doesn’t matter which form you take for a spin, the modern BMW M2 is still arguably the brand’s best M car, even before you factor in its heritage. Bring that history back in, though, and you … Read more
Global insurer American International Group, Inc. (AIG) has announced the promotion of Akash Lakhani to Head of Marine, GCC & North Africa (NA). In his new role, Lakhani will lead AIG’s marine operations across the GCC and NA, focusing on underwriting excellence and delivering long-term value to clients and partners. He brings more than a … Read more
Organisations facing increasing property program volatility can benefit from alternative risk transfer strategies, unlocking access to strategic sources of capital and supporting long-term program stability, according to Aon. The long-term view of property risk is increasingly volatile and complex. Risk buyers are currently navigating two opposing dynamics in the global property insurance market: pricing conditions … Read more
AdvantageGo, a commercial re/insurance provider part of Sapiens International Corporation, has launched a new version of its Underwriting Workbench, which is expected to strengthen the company’s presence in property & casualty (P&C) markets in EMEA and North America. Version 3.0 transforms the workbench from traditional pre-bind underwriting software into a comprehensive, intelligent business management solution. … Read more
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the appointment of Henry Nelson as active underwriter, subject to regulatory approval. Nelson is taking on additional responsibilities as chief underwriting officer (CUO) for the UK & MENA region, collaborating with current active underwriter Jane Warren, who is set to retire at the … Read more
AM Best has maintained its stable outlook on Indonesia’s non-life insurance segment, citing resilient growth prospects, ongoing regulatory improvements, and strong investment returns. The rating agency expects continued expansion in Indonesia’s non-life market, supported by infrastructure development, solid household consumption, and sustained government spending — all of which should drive higher demand for commercial insurance. … Read more
A survey conducted by Moody’s, the credit rating, research, and risk analysis firm, finds that cybersecurity remains a high priority for insurers and asset managers worldwide. The survey, which included responses from 102 companies across both sectors, indicates that organisations are adopting a multi-layered approach to cyber defence, with boards of directors increasingly involved in … Read more
Global Insurtech BOXX Insurance has announced three strategic appointments to support its growth and distribution agenda in the US. Joe Gates has been named Head of Distribution, Central, where he will manage growing demand for BOXX’s all-in-one cyber insurance and protection products for businesses and homes. He will oversee broker and partner relationships to expand … Read more
Insurity, a provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs, has entered a strategic partnership with Faura to deliver property-level resilience insights to P&C insurers. By embedding Faura’s data and analytics into Insurity’s platform, carriers and MGAs gain access to verified, property-specific resilience data directly within their underwriting, pricing, and claims … Read more
US based parametric insurer and reinsurer, NormanMax Insurance Holdings, has appointed experienced reinsurance and retrocession broker, Nick Griffiths, as its new Chief Revenue Officer. As reported by our sister publication, Artemis, Griffiths will work across all of NormanMax’s platforms, bringing his more than 27 years of industry experience to the firm as it continues to … Read more
HSB, a specialist engineering and technology insurer, has announced the launch of HSB CyberPro, a cyber insurance and incident response solution designed for micro and small businesses in the UK and Ireland with revenues of up to £10 million. Despite a rise in cyber security awareness among businesses, a recent HSB survey revealed significant preparedness … Read more
(Images: Chevrolet) Chevrolet announced it is recalling early examples of the Equinox EV…for being too quiet. Yes, that’s a legit issue for some EVs. When you’re an automaker building a new vehicle, it has to conform to Federal Motor Vehicle Safety Standards (FMVSS) to go on sale. The FMVSS sets the requirements for virtually everything … Read more