Archive for the ‘Insurance and Reinsurance’ Category

Miami Mayor Suarez to take part in Bermuda industry forum

Miami Mayor Suarez to take part in Bermuda industry forum
Bermuda Premier David Burt; Miami Mayor Francis Suarez Hamilton, Bermuda, September 20, 2018 – Miami Mayor Francis Suarez will join Bermuda Premier David Burt for a “fireside chat” kicking off next month’s multi-industry forum being held in his city by the Bermuda Business...
September 20th, 2018 | Conferences, Seminars, Forums, Insurance and Reinsurance, Marine Insurance | Read More

Richard Turner elected President of IUMI

Richard Turner elected President of IUMI
Richard Turner 19 September, Cape Town. Richard Turner, European Director of Global Risk Solutions at RSA Insurance Group has been elected President of the International Union of Marine Insurance (IUMI). In accordance with the Articles of Association, IUMI’s Council formally elected Richard at...
September 19th, 2018 | Associations, Conferences, Seminars, Forums, Insurance and Reinsurance, Marine Insurance, News, Person Profiles | Read More

Outlook for marine cargo insurance challenging but opportunities remain for underwriters, says IUMI

Outlook for marine cargo insurance challenging but opportunities remain for underwriters, says IUMI
Sean Dalton On Tuesday 18 September – Sean Dalton, the International Union of Marine Insurance (IUMI) Cargo Committee Chair reported that the marine cargo market remained the largest commercial marine line of business in terms of premium income. IUMI’s 2017 statistics showed global cargo premiums...
September 19th, 2018 | Events, Conferences,Forums and Symposiums, Insurance and Reinsurance, Marine Insurance | Read More

Naval Dome calls on Insurers to revoke Clause CL 380

Naval Dome calls on Insurers to revoke Clause CL 380
Itai Sela Naval Dome has called on marine insurers to revoke the controversial Clause CL 380 and implement policies that insure against the risk of cyber-attacks on ship systems. Speaking in Cape Town, South Africa, today during the International Union of Marine Insurance’s (IUMI) annual conference,...
September 19th, 2018 | Bribery and Corruption, Comment, Conferences, Seminars, Forums, Corruption, Events, Insight, Insurance and Reinsurance, Marine Insurance, News, Safety and Security | Read More

HFW Insurance Bulletin 14 Sept 2018

HFW Insurance Bulletin 14 Sept 2018
Costas Frangeskides, Partner, Holman Fenwick Willan LLP In this week’s Bulletin: 1. REGULATION AND LEGISLATION UK: No-deal Brexit – More details published on the “Temporary Permissions Regime”    2. COURT CASES AND ARBITRATION Australia: Combustible cladding claims: who pays and...
September 14th, 2018 | Insight, Insurance and Reinsurance, News, Reports | Read More

IMCA Contracts & Insurance seminar attracts impressive list of speakers and delegates

IMCA Contracts & Insurance seminar attracts impressive list of speakers and delegates
Allen Leatt Back to the Negotiating Table – Working Together Speakers and delegates from oil companies, contractors and the legal and insurance sectors to attend IMCA Seminar Exploring new ways for oil companies and contractors to work together on sharing risks and liabilities The programme for the...
September 13th, 2018 | Associations, Conferences, Seminars, Forums, Insurance and Reinsurance, Marine Insurance | Read More

Axco Political Risk and Trade Credit (Re)Insurance report 2018

Axco Political Risk and Trade Credit (Re)Insurance report 2018
Jolle Wever Political risk and trade credit (re)insurance in high demand: Axco report Axco Insurance Information Services (Axco) has published an overview of the political risk insurance (PRI) market and forecasts potential reforms and developments in global territories. The report summarises the changes...
September 10th, 2018 | Insurance and Reinsurance, Markets, Reports | Read More

Ebix Europe Launches Unique PPL Integration Service

Ebix Europe Launches Unique PPL Integration Service
Ebix Europe Launches Unique PPL Integration Service for Brokers and Vendors London, Tuesday 4th September, 2018: Ebix Europe, electronic messaging communications specialists for the global (re)insurance market, today announces the launch of the first phase of the EbixExchange Integration Service. The...
September 4th, 2018 | Insurance and Reinsurance, IT and Communications, Marine Insurance | Read More

More infrastructure support required to facilitate insurance for Arctic sailings, urges IUMI

More infrastructure support required to facilitate insurance for Arctic sailings, urges IUMI
Helle Hammer, IUMI Policy Forum Chair The change in ice conditions is opening the high Arctic as a trade route, fishing ground and potential tourism destination; but more infrastructure support is required to facilitate the provision of adequate insurance, says IUMI in a position paper released today. Helle...
August 29th, 2018 | Arctic Shipping, Fisheries, Insurance and Reinsurance, Marine Insurance, Oceanology | Read More

Brexit ‘nightmare’ for industry unless government breaks political deadlock

Brexit ‘nightmare’ for industry unless government breaks political deadlock
Giving insurance a voice: Brexit ‘nightmare’ for industry unless government breaks political deadlock We are delighted to introduce our latest report – Brexit and the insurance sector: Towards 2020 and beyond – as part of Kennedys’ ongoing commitment to providing key business insights...
August 10th, 2018 | Insurance and Reinsurance, Marine Insurance, Reports | Read More

IUA issues new Brexit contract continuity clause

IUA issues new Brexit contract continuity clause
Chris Jones A second Brexit contract continuity clause has been published by the International Underwriting Association. Last month the association issued a policy clause to help companies manage insurance contracts as the UK leaves the European Union and this has now been followed up with a supporting...
July 27th, 2018 | Associations, European Union, Insurance and Reinsurance, IUA, Marine Insurance | Read More

IUA comment on mutualisation of motor terrorism risks

IUA comment on mutualisation of motor terrorism risks
Chris Jones The IUA has welcomed a vote by UK motor insurers to mutualise risks for terrorism claims. The Motor Insurance Bureau (MIB), a not-for-profit body which deals with uninsured ‘hit and run’ accidents, will in future provide compensation for victims of vehicle-related terrorist events. Members...
July 23rd, 2018 | Insurance and Reinsurance, IUA, Piracy and Terrorism | Read More

Kingsbridge Group announces senior promotions

Kingsbridge Group announces senior promotions
Left to right Liam Green James Ledingham Thomas Wynne 23 July 2018 –  Kingsbridge Group (“Kingsbridge”), the UK’s leading provider of specialist insurance services to contractors, freelancers and the recruitment industry, has announced a number of senior promotions within its Kingsbridge...
July 23rd, 2018 | Company Profiles, HR, Insurance and Reinsurance, Person Profiles | Read More

IUA published Cyber Insurance and Business interruption report

IUA published Cyber Insurance  and Business interruption report
Matthew Hogg The market for cyber business interruption cover is complex and the protection offered by different policies can vary widely, according to a new report from the International Underwriting Association. Most current business interruption coverages are standalone policy extensions, the triggers...
July 23rd, 2018 | Insurance and Reinsurance, IUA, Marine Insurance, Reports | Read More

Final chance to enter nominations for the IMRF Awards 2018

Final chance to enter nominations for the IMRF Awards 2018
… The IMRF Awards offer an invaluable way to raise awareness of the excellent work done by all those involved in maritime search and rescue “There are just a few days left before the deadline for nominations for the IMRF Awards 2018 on Tuesday 31 July. Nominations can be made online (http://www.imrfawards.org/nomination-form-imrf-awards)...
July 23rd, 2018 | Associations, Awards, Earthquakes, Tsunamis, Cyclones and Typhoons, Events, Health and Safety, Insurance and Reinsurance, Marine Insurance, Maritime Accidents, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Volatility knocks again…CAUTION!

Volatility knocks again…CAUTION!
John Faraclas The BDI (Baltic Dry Index) ended earlier on today at 1,632 points, 42 higher than yesterday “thanks” to the volatile as ever Capes. Geopolitics remain more than perplexed… John Faraclas’ daily brief: The Capes’ BCI surpassed once …again the 3,000 point threshold – actually...
July 12th, 2018 | Events, Insurance and Reinsurance, Legal, Marine Insurance, Shipping Indices, Social Columns, Statistics, Stock Markets | Read More

IUA press comment on Brexit White Paper

IUA press comment on Brexit White Paper
Dave Matcham Viewers can find here below a comment from the International Underwriting Association on the publication of the UK Government’s Brexit White Paper Dave Matcham, chief executive of the International Underwriting Association, said: “The IUA welcomes publication of the Government’s Brexit...
July 12th, 2018 | Insurance and Reinsurance, IUA | Read More

HFW Insurance Bulletin 12 July 2018

HFW Insurance Bulletin 12 July 2018
Costas FrangeskidesPartnerHolman Fenwick Willan LLP The HFW Insurance Bulletin weekending 12 July 2018 In this week’s Bulletin: 1. REGULATION AND LEGISLATION UK: EIOPA launches InsurTech insight survey UK: InsurTech – four legal and regulatory challenges that all new products face UK:...
July 12th, 2018 | Insurance and Reinsurance, Legal, Marine Insurance, News | Read More

A Twenty-five Year Partnership in Safeguarding Russian Freight

A Twenty-five Year Partnership in Safeguarding Russian Freight
TT-Club-50th-Anniversary-Dinner-in-Moscow TT Club and its partner in Russia, the CIS countries and Baltics, Panditrans celebrate both TT Club’s 50thanniversary and their twenty-five year partnership in providing a unique insurance and risk management service to the freight industry.  TT Club insureds,...
July 10th, 2018 | Anniversaries, Events, Insurance and Reinsurance, Marine Insurance | Read More

Endeavour Insurance Services appoints Karen Allen as CEO designate

Endeavour Insurance Services appoints Karen Allen as CEO designate
Karen A. Allen London, 10 July, 2018:     Lloyd’s broker and delegated authority specialist Endeavour Insurance Services (Endeavour) today announces that Karen Allen is to be appointed CEO designate of Endeavour, and will be joining the business in October, 2018. Karen has spent her career of...
July 10th, 2018 | Company Profiles, Insurance and Reinsurance, Person Profiles | Read More

IMCA staging September contracts and insurance seminar

IMCA staging September contracts and insurance seminar
Nathalie Louys, Chair of the IMCA Contracts & Insurance Committee ‘Seminar theme ‘Back to the Negotiating Table – Working Together Three pillars of discussion – ethics and compliance; maintaining a FAIR risk allocation; and panel discussion on current issues With its theme ‘Back to the...
July 10th, 2018 | Associations, Conferences, Seminars, Forums, Insurance and Reinsurance, Marine Insurance | Read More

Claims teams talent needs to be unleashed to reap the benefits of digitalisation: PwC’s Claims Workforce of the future: 2030

Claims teams talent needs to be unleashed to reap the benefits of digitalisation: PwC’s Claims Workforce of the future: 2030
Jim Bichard, UK insurance leader at PwC Insurance claims teams must adapt if they are to not just survive the inevitable impact of technology but also harness the benefits, according to a new report from PwC. The report, launched today to coincide with the Lloyd’s Market Association’s (LMA)...
July 4th, 2018 | Claims, Insurance and Reinsurance, Marine Insurance | Read More

HFW Insurance Bulletin 2 July 2018

HFW Insurance Bulletin 2 July 2018
Costas Frangeskides, PartnerHolman Fenwick Willan LLP In this week’s Bulletin: 1. REGULATION AND LEGISLATION EU: EIOPA Chairman speaks about European supervision in a changing environment and EIOPA’s priorities UK: Insurance contract law reform: English and Scottish Law Commissions publish updated...
July 2nd, 2018 | Insurance and Reinsurance, Marine Insurance | Read More

Endeavour Insurance Services Outsources and Streamlines Claims Process thanks to Digital Transformation

Endeavour Insurance Services Outsources and Streamlines Claims Process thanks to Digital Transformation
Endeavour Founder and CEO David Lawrence London, Monday 2nd July, 2018:  Lloyd’s broker and delegated authority specialist Endeavour Insurance Services (Endeavour) today announces that it has outsourced its claims processing services to Advent Insurance Management (Advent). During 2017, Endeavour...
July 2nd, 2018 | Insurance and Reinsurance, Marine Insurance | Read More

ITIC helps ship manager successfully refute owner’s allegation of negligence

ITIC helps ship manager successfully refute owner’s allegation of negligence
International Transport Intermediaries Club (ITIC) has successfully defended a ship manager against allegations of negligence made by a shipowner following the loss of a lifeboat overboard. The lifeboat was subsequently found drifting off the port of Naze, Japan, after the master of the vessel had reported...
June 26th, 2018 | Insurance and Reinsurance, Legal, Marine Insurance, P and I Clubs, Shipmanagement | Read More