Newcomer makes entry into war and terrorism insurance market

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Chairing the division is Quentin Prebble, who has over four decades of underwriting experience in the London market. One of the first professionals to write the stand-alone terrorism risk after the 9/11 attack, Prebble most recently served as global head of marine, including war and terrorism, at Ironshore’s Pembroke syndicate.

The war, terrorism, and political violence team also consists of senior vice presidents and senior underwriters Jamie Oliver and Heather Blaser, and junior underwriter Michael Glover. According to Mosaic, additional experienced hires will continue to come onboard in the next few months.

“We’re excited to be launching our first products

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AXA Partners, Ancileo renew travel industry deal

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AXA Partners and insurance software provider Ancileo have renewed their partnership, in a bid to harness the various opportunities in the post-COVID travel industry.

The deal, which was initially signed three years ago, has allowed digital distribution in 19 countries across Asia, Europe and the Middle East with 18 distribution partners.

Under the renewed agreement, Ancileo will continue to power AXA Partners’ end-to-end embedded insurance digital solutions for its distribution partners. It will also seek to expand its roster of partners and products to meet the e-commerce needs of industry players. The partnership will focus on digital platforms and ecosystem

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Families of nine missing fishermen to receive insurance payout

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Taiwan’s Fisheries Agency has requested the owner of a fishing boat to file an insurance claim for the nine Indonesian crew members that went missing at sea along with their Taiwanese captain.

The families of the missing fishermen are expected to each receive NT$1 million (SG$47,500) from the life insurance policy the fishing boat operator took out on their behalf, Focus Taiwan reported. The government requires fishing companies to provide insurance for crew members.

The Fisheries Agency extended NT$50,000 in consolation money to the captain’s family, as well as a payment of NT$1.5 million in relief assistance.

On January 01,

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