Legal

Legal: Bernhardt Nadell Joins King & Spalding in New York

King & Spalding announced today that Bernhardt Nadell has joined the firm as a partner in the Corporate, Finance and Investments (CFI) practice group in the New York office. Nadell represents private equity firms, insurers, […]

Insurance Brokers

Renewables Project Insurance: CLS Launches Permit Challenge Cover

CLS Risk Solutions, a leading provider of property and renewables development risk solutions, has announced the launch of a new Permit Challenge Insurance for renewable energy infrastructure projects. The policy gives comprehensive protection against interruption […]

Insurance claims

Claims Update: Scottish Widows Pays Out on 99% of Life, 94% on Critical Illness

Last year, 99.3% of life claims and 94.1% of critical illness claims were paid out by Scottish Widows, according to the insurer’s latest claims statistics. This represents 7,908 and 1,591 claims respectively – an increase […]

News

Insurance Business: Arch Completes on Axiom Underwriting Acquisition

Arch Insurance (UK) Limited, part of Arch Insurance International, has completed the acquisition of Axiom Underwriting, having initially purchased a 60% share in the business in 2015. The acquired business, which generated approximately £20 million […]

Global insurance trends

Appointments: Eleonora Geamanu is Head of Willis Towers Watson Romania

Willis Towers Watson (NASDAQ:WLTW), a leading global advisory, broking, and solutions company, has named Eleonora Geamanu as the new Head of Willis Towers Watson in Romania. Geamanu will be based in Bucharest and will start […]

InsureTech

Insurtech: ABBYY Launches Vantage Automated AI Business Software

ABBYY, a global leader in Content IQ technologies and solutions, today launched ABBYY VantageTM, the first enterprise platform to provide human-like cognitive skills to intelligent automation platforms such as robotic process automation (RPA) and business process automation […]

Insurance Brokers

Ecclesiastical Backs BIBA’s Lead on Better Mental Health in the Workplace

Research carried out by the specialist insurer found that brokers are reluctant to talk about mental health issues in the workplace. With April marking stress awareness month, Ecclesiastical is throwing its support behind BIBA’s manifesto […]