Day: June 25, 2025
Brit launches new digital underwriting platform for US flood market
Brit Group Holdings Limited has revealed the launch of Brit Flood, a new digital underwriting platform for the US flood market. Brit explained that the new development is built on its in-house technology platform and can offer instant quotes for primary US residential flood insurance. “Using an API which connects agent’s platforms to Brit’s digital…
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Alasdair Walker to succeed Li Sheung Kin as CEO, Sompo Hong Kong
Alasdair Walker is to succeed Li Sheung Kin (S.K.) as Chief Executive Officer (CEO) of Sompo Hong Kong, subject to appropriate local regulatory and immigration approvals, as the executive retires after 24 years with the company. Li has held several leadership roles during his career with Sompo Hong Kong. He was appointed CEO in 2016…
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AXA unveils unified Ceded Re team after strategic realignment
Effective July 1, 2025, AXA is unifying its AXA Group and AXA XL Ceded Reinsurance (Ceded Re) teams to form a single, integrated Ceded Re team. This move aims to enhance alignment, streamline operations, and drive greater efficiency. As per AXA, the unified Ceded Re team will operate under Guy Van Hecke’s leadership. He will…
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Everest Board adds Allan Levine as independent non-exec member
Global insurer and reinsurer Everest Group has appointed Allan Levine as an independent, non-executive member of its Board of Directors. His appointment follows the expansion of Everest’s Board, following the recent appointments of Darryl Page and John Howard. Levine has three decades of experience in value creation across insurance and financial markets. He is the…
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Lockton and Parametrix to launch SLA insurance for data center market
Lockton, a privately held insurance brokerage, has partnered with Parametrix, a provider of digital business interruption risk solutions, to launch Service Level Agreement (SLA) breach coverage to the data center market. The pair explained that the coverage delivers immediate financial compensation in the event of an SLA breach, based on predefined violations of SLA terms. This…
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Ascot appoints CNA’s Steven Goldman as Global Head of Distribution
Global specialty re/insurer Ascot Group has announced the appointment of Steven Goldman as Global Head of Distribution, a newly created role, effective July 7, 2025. Based in Stamford, CT., Goldman has been tasked with developing, leading and executing Ascot’s global distribution strategy, as well as supporting the company’s mission “to be a perfect partner for…
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Willis introduces Zest Insurance, a digital platform for Australian SMEs
Willis, part of the WTW group, has introduced Zest Insurance, a new digital insurance platform built specifically for small and medium-sized enterprises (SMEs) in Australia. The launch signals a shift in how smaller businesses can access and manage their insurance needs—bringing together digital speed with professional support. Zest Insurance allows SMEs to handle every step…
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Roosevelt Road Specialty appoints Brendan Cook as CUO of Property
Roosevelt Road Specialty, a specialty managing general underwriter, has appointed Brendan Cook as Chief Underwriting Officer (CUO) of Property. In this role, Cook will lead the company’s property underwriting strategy, overseeing risk selection, portfolio management, and underwriting innovation across the platform. He brings more than 20 years of industry experience, with deep expertise in property…
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