LSM appoints head of financial and professional lines

spike

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the appointment of Terry FitzGerald (pictured) as divisional head of financial and professional lines (FinPro). He will be based in LSM’s London office and will report to Melanie O’Neill, chief underwriting officer, commercial.

The new FinPro role was created after O’Neill’s promotion to CUO last year. In his new role, FitzGerald will have strategic oversight of the London FinPro book of business, which covers financial institutions, directors and officers, professional indemnity, and strategic assets cover. The London FinPro book includes business written in Bristol, Manchester and Dublin. FitzGerald

Read More

Sedgwick hires loss adjusting veterans for Singapore team

spike

Sedgwick has appointed Eugene Goh as director and senior technical advisor and Darren Ting as manager for its Singapore business.

Goh has more than 28 years of experience handling business interruption, fidelity guarantee, product liability and professional indemnity claims in the engineering and construction, port and terminals, property, hospitality, medical and real estate sectors. Over the course of his career, he has handled multimillion-dollar claims in Singapore and overseas in Indonesia, Malaysia, Taiwan, Thailand and Vietnam. He holds the Associateship of the Chartered Insurance Institute (ACII) designation.

Ting has been a senior loss adjuster for almost 6 years. He has

Read More

Riskbook rebrands, reveals new reinsurance platform

spike

The Supercede platform offers a collaborative placement experience and a premium analytics proposition, the company said. The platform offers brokers a better placement process, while reinsurers gain access to more risks and data and cedents can enhance their submission quality across all non-life products and lines of business.

Riskbook – now Supercede – was founded in 2019 by CEO Jerad Leigh (formerly of TigerRisk and Aon), president Ben Rose (formerly of Aon and Lloyd’s), and CTO Jezen Thomas. Last year, the company appointed chief actuarial officer Paul Bassan to direct the development of Supercede Analytics.

“With a background in the

Read More

Aon-Willis deal investigation hits bump in the road

spike

The proposed mega-merger between broking giants Aon and Willis Towers Watson appears to have hit something of a snag as EU anti-trust regulators have suspended their investigation into the deal. Reuters has revealed that the regulators are waiting for the US insurance broker to provide data required for the case.

The European Commission, which started its probe into the US$30 billion bid in December of last year due to concerns that the plan to create the world’s largest insurance broker could hurt competition in major markets, halted the investigation on Monday. A spokeswoman for the EU watchdog noted that such

Read More