Sandy Bigglestone will become acting commissioner of the Vermont Department of Financial Regulation (DFR) at the start of 2025, following commissioner Kevin Gaffney’s retirement
The deal covers Zurich’s French discontinued motor and architects & engineers (A&E) professional indemnity portfolios
Aviva has reached an agreement to acquire Direct Line Insurance Group in a £3.7 billion (US$4.63 billion) cash-and-stock deal
Acrisure has onboarded Martin Reith as executive chairman of its Lloyd’s business with managing general agent (MGA) operations, Volante Global
The newly licensed captives are Magna Insurance Bermuda, Structured Risk Mitigation Solutions and Schwarzchild
DARAG Group has completed the sale of its North American and Bermuda business entities to the RiverStone Group
Augment Risk has appointed Steve McElhiney as partner to lead its newly launched captive and alternative risk transfer solutions offering
The new additions are Meg McIntire as captive account manager, Courtney Doherty as captive account executive, and Tom Hauschild and Pravin Rakhecha as senior captive account managers