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Optio Group appoints van der Veer as Managing Director for Europe

Optio Group has appointed Marc van der Veer to the newly created role of managing director for Europe, effective immediately

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Cayman reports continued growth in captive licences in Q3 2024

With 24 new licensees from the first half of 2024, CIMA authorises a total of 29 international insurance companies so far in 2024, representing a notable increase over the same period in 2023

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Specialist Risk Group launches in Asia Pacific, acquiring HL Suntek

Based in Singapore, SRG will closely follow its UK business model to build a strong regional presence, leveraging local expertise and a client-centric approach to serve local markets

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Gallagher launches tax risk practice for Europe

Gallagher has unveiled a new tax risk practice aimed at supporting clients across Europe, appointing Joyce Koch as senior tax broker

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Energy-focused MGA Volt Underwriting launches

MGA Volt Underwriting launches today with an initial capacity of US$25 million for US and international onshore power and renewable energy risks

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Marsh names Thomas-Ferrand as new head of captive insurance

Will Thomas-Ferrand will replace Ellen Charnley, president of Marsh Captive Solutions, who will retire at the end of 2024.

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Fitch: Hurricane Milton could cost insurers US$50 billion

Fitch has estimated Hurricane Milton’s insured losses will range from US$30 billion to US$50 billion, the largest amount since Hurricane Ian hit Florida in 2022

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Marsh onboards Fox as Vice President for Emerging Risks Group

Based in Boston, Ashley Fox joins from Liberty Mutual Insurance, where she had worked for more than 15 years, most recently as director of global strategy

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Munich Re Specialty enters Spanish insurance market

Munich Re Specialty has established a Spanish branch of Munich Re Risk Solutions Ireland, with the intention to begin underwriting in 2025

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DIFC Insurance Association appoints new CEO

Dubai International Financial Centre (DIFC) Insurance Association has named Zahir S. as CEO

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NFP expands P&C offerings with Miller Insurance acquisition

Aon’s company NFP has acquired Miller Insurance Group, a P&C and benefits agency based in Indiana

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Barclays appoints Haedrich

Denise Haedrich has joined the bank as head of insurance, funds, and corporate specialist solutions for Germany

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