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NormanMax launches parametric retro, underwritten via its Lloyd’s syndicate

NormanMax Insurance Holdings, the US based parametric insurance and reinsurance group launched by former Universal founder and CEO Bradley Meier, has begun offering a parametric retrocession product that is underwritten via its recently launched Lloyd’s syndicate.NormanMax launched and received market approval for dedicated parametric syndicate 3939 at Lloyd’s earlier this year. It became the first…

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Hamilton Global Specialty Appoints Niamh O’Brien as Chief Actuary

Hamilton Global Specialty Appoints Niamh O’Brien as Chief Actuary PEMBROKE, BERMUDA, June 25, 2024 — Hamilton Global Specialty, an underwriting platform of Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or “the Company”) written by Syndicate 4000 at Lloyd’s and Hamilton Insurance DAC, today announced that Niamh O’Brien has been appointed as Chief Actuary, effective June…

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Insurtech UK demands government support for sector

Credit: Reinaldo Sture on Unsplash. Insurtech UK has released its UK policy manifesto, A Roadmap for UK Insurtech Growth, which outlines recommendations for the government in supporting the insurtech sector. Suggestions for the UK Government regarding insurtech include a new regulatory regime, a investment environment that encourages funding, and more action to unlock opportunities at…

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Broker PCF Makes 4 Acquisitions in 4 States

Broker PCF Insurance Services continued its recent buying spree with the purchase of four insurance businesses in North Carolina, Pennsylvania, Mississippi, and Iowa. “At PCF Insurance, we are committed to accelerated and strategic expansion through M&A—not to be confused with high-volume. Our approach to M&A enables us to grow our operations in key markets—based on…

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SLC Management launches new team to service insurance companies

SLC Management launches new team to service insurance companies | Benefits and Pensions Monitor Industry News SLC Management also appoints new managing director from DWS Group SLC Management, has announced the launch of the SLC Global Insurance Group.   This dedicated team will service the complex needs of leading insurance companies with bespoke investment solutions.    “Bringing…

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New Insurance protocols will give accident victims faster access to medical help

Tuesday, 25 June 2024 12:00 By Tonya Organ The protocols require automobile insurance companies to adopt processes that allow accident victims to seek treatment immediately, from a practitioner of their choice, without advance approval from the insurance company. Government is making it easier for people who have been injured in an automobile accident to get…

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12% Americans Don’t Have Home Insurance: Why More Homeowners Don’t Think The Rising Prices Are Worth It

Retired high school teacher Anjali Teirra, aged 58, has lived in her three-bedroom house without homeowners insurance since 2019. She initially took out a policy for her home in the Tehachapi Mountains of southern California in late 2018, which cost her under $100 monthly in premiums. This was affordable and provided peace of mind, especially…

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