Robert Bisset, CEO, North America, Lockton Re, said, “Agentforce...
Category:
Intermediaries
Latest
Maritime insurance premiums surge as Iran conflict widens,in some cases by more than 1,000%
Analysts at Jefferies estimated on Thursday that potential industry...
Strait of Hormuz shipping is at near-total halt, JMIC says
A review of shipping signals have confirmed only two commercial...
Aon sued for its role in collapse of Israel insurtech Vesttoo
The lawsuit claims Aon “ignored red flags” about letters of credit and encouraged counterparties to work with Vesttoo despite expressing concerns internally about the business. The trustee, Lawrence Hirsh, alleges the insurance broker partnered with Vesttoo in an...
Lockton hires Darshan Parikh from Marsh
Lockton, has announced the appointment of Darshan Parikh as senior director, corporate solutions group (CSG).He was with Marsh Insurance Brokers, where he led the Marine, Aviation, and Facultative Reinsurance businesses. With over 15 years of experience in global and...
UK’s UIB group exits Indian re/insurance broking market, merges local JV with Edme
The exact details of the deal has not been disclosed by either parties. UIB Group had a miniority stake in the Indian insurance broker with Indorama SPL Group and Lucas & Mayo Group as majority shareholders Mumbai: UK based UIB Group, one of the largest...
Emirates to ban use of power banks aboard its flights
The airline said the “significant growth” in customers using power banks in recent years has led to a rising number of lithium battery-related incidents during flight across the industry. Emirates will ban the use of power banks aboard its flights and only allow...
Howden Re strengthens regional presence with Dubai license
Howden Re’s expanded Dubai operations will build on its current broking services, with a focus on its treaty, facultative and MGA reinsurance offering and reinforcing its regional growth strategy. London: Howden Re, the global reinsurance, capital markets, and...
JFSL set to become premier financial services enterprise by embracing technology
K V Kamath,Chairman , JSFL Observing that one must also remember that the business of financial services is premised on trust, he said, "even as we harness the full potential of technology to make financial services more experiential and efficient, we must remain...
AON and Willis make key appointments in India
Aon has appointed Sushant Sarin as Head of Strategy and Commercial Risk Solutions for India while Willis, a business of WTW, announced the appointment of Azad Kumar as Growth Leader of Energy, Construction and Marine in India. Mumbai: Two large overseas re/insurance...
Aon promotes Rupert Moore as CEO, Reinsurance, Asia Pacific
Rupert Moore,CEO-designate, Reinsurance, Asia Pacific Moore will relocate to Singapore later this year and serve as an advisor to Aon’s APAC CEO Jennifer Richards to help advance the firm’s Risk Capital strategy for Japan DUBLIN: Global re/insurance intermediary Aon...
Insurance brokers should maintain high governance standards and business ethics: IRDAI member
Girija Subramaniam, CMD, New India Assurance Rakesh Jain, CEO, Reliance General Insurance,Satyajit Tripathy, member, Distribution, IRDAI , Naveen Chandra Jha, MD & CEO, SBI General Insurance, Abhilash Sridharan, Partner, McKinsey & Company at a panel...
Govt’s Bima Sakhi Scheme enrolls over 2 lakh women
Pankaj Chaudhary, minister of state ,Ministry of Finance LIC has already paid Rs115.13 crore to 2,05,896 Bima Sakhis in the country till July 14 New Delhi: Life Insurance Corporation (LIC) has provided a budget of Rs 520 crore for the government's Bima Sakhi- “Mahila...