ConnectUW Holdings (ConnectUW), the parent company of Connect Underwriting and other specialist reinsurance MGAs, today announces it will take ownership of Lloyd’s box number 356 from 23rd December 2024. Situated in…
Facultative reinsurance is increasingly seen as a core element of risk management strategies; however, insurers may face significant barriers accessing capacity as supply continues to fluctuate with cyclical market forces…
BMS Group, the independent specialist insurance and reinsurance broker, today announces that it has entered into an agreement to acquire the leading insurance broker Rasher, subject to regulatory approvals. The…
Optio Group, (Optio) a leading specialty MGA, today announces the completion of its strategic investment of Italian MGA, Heca S.r.l. (Heca) after receiving regulatory approval. First announced in November, the…
The threat to vessels, undersea cables, and offshore oil installations has increased due to the availability of advanced weapons and the willingness of certain states – particularly Russia and Iran…
Envelop Risk (“Envelop”), the data-driven cyber reinsurance and analytics specialist, today announces it has reached the milestone of $1bn GWP since its launch in 2018, during which, it also achieved…
OAK Reinsurance (“OAK Re”), a global reinsurance company, announces the appointment of James Irvine as chief underwriting officer (CUO), property. Based in London, Irvine will join in spring 2025, and…
BMS, the independent insurance and reinsurance broker, is pleased to announce the appointment of three new senior energy industry experts – Charlotte Marsh, Jack Palmer, and Toby Hanington – to…
Following the Lord Chancellor’s announcement earlier today, that the Personal Injury Discount Rate in England and Wales has been increased – effective January 11th January 2025 – from -0.25% to +0.5%,…
Oak Reinsurance (“OAK Re”), a global reinsurance company, today announces that its Lloyd’s Syndicate 2843 has received permission to underwrite business incepting from 1 January 2025. This follows the approval in…