Nexus Underwriting Management Ltd. (NUML), the London-based independent specialty managing general agent, announced it will be renamed Kentro Capital Ltd. Nexus Underwriting (Nexus), the specialty managing general agent, and Xenia Broking (Xenia), the leading credit insurance and surety distribution specialist, …
A push to make London more attractive as a global financial center after Brexit must not threaten high standards of solvency and behavior at banks, insurers and markets, the International Monetary Fund said on Wednesday. The IMF said in its …
A North Carolina motorcyclist who lost a leg after a collision with an Amazon delivery truck has filed a lawsuit arguing that unrealistic expectations for the tech giant’s delivery drivers have led to negligence. According to his lawsuit, filed in …
Climate-related lawsuits like those filed against energy companies Exxon Mobil Corp., Shell Plc and PG&E Corp. have dominated ESG litigation in recent years. But there are signs an increase in cases extending beyond the environmental pillar of ESG may be …
The decades-old, oil-storage ship that blew up off the coast of Nigeria recently — killing some of its crew and spewing its contents into the Atlantic Ocean — is one of many vessels of similar vintage dotted across the globe. …
Aston Lark Ireland announced it has agreed terms to acquire Marine & General Insurances DAC. Terms of the deal, which is subject to regulatory approval, were not disclosed. Based in Dublin, Marine & General provides bespoke solutions to individuals and …
Another Florida insurance agency, Butler, Buckley & Deets, has joined Renaissance Alliance, a national firm that helps agencies grow. Butler, Buckley & Deets, based in Miami, notes it is one of the oldest insurance agencies in South Florida. It provides …
Distinguished Programs is expanding its City Insurance program to select cities in California and Colorado, as well as launching new umbrella coverage eligibility for condos and rentals with underlying City Insurance policies. The City Insurance program is now available for …
The Hanover Insurance Group recently released its State of Specialty Insurance Report, which highlights the risks of fragmentation in the marketplace. The report spotlights the advantages agencies realize when they create strategic partnerships with select carriers that offer broad capabilities …
This edition of International People Moves details appointments (and a retirement) at Beazley, Berkshire Hathaway Specialty Insurance (BHSI) and Oneglobal Broking. A summary of these announcements follows here. Beazley’s Eaton to Retire at End of 2022 Specialist insurer Beazley announced …