M&A insurance specialist Fusion selects new managing partner

spike

In her new role, Simmonds will have international responsibilities, including spearheading the continued growth of the firm in the mergers and acquisitions (M&A) insurance market in Australia and Asia-Pacific and growth markets in the USA and Europe.

Fusion was founded by industry veterans Killian McDermott and David Rogers and is a part of the POP Holdings Group. It is rapidly transitioning from a start-up to a global firm in highly specialised insurance markets and partners with major insurers, including Allianz, Markel, Zurich, Ping An, and HDI Global Specialty.

McDermott, co-founder and executive partner, commented that Simmonds brings highly valued expertise

Read More

Etihad Credit Insurance voted as permanent member of Berne Union

spike

Etihad Credit Insurance (ECI), the UAE’s federal export credit company, has been voted as a permanent member of the Berne Union, an international association of export credit and political risk insurers.

The company’s membership was confirmed at the Berne Union’s annual general meeting in Budapest on Thursday. This came just three years after ECI was established in 2018. The Berne Union has 80 export credit agencies as full members, plus one observer and three guest institutions.

ECI was voted as a full member for providing support and cooperating with other export credit agencies. It participated in knowledge-sharing in reinsurance, short-term

Read More

Lockton presents emerging asset protection team

spike

The team is headed by Sarah Downey, who joined Lockton in April to lead the LEAP team and executive risk claims. She is one of the nation’s top D&O, digital asset and executive risk claims and coverage experts, Lockton said.

“In addition to being core for digital asset-centric companies, digital assets are playing an increasingly prominent role in more traditional businesses, and there is a growing need for insurance in this space,” Downey said. “The digital asset ecosystem has grown significantly in recent years, creating an even more dire need for insurance in this space.”

The LEAP team works with

Read More

TietoEVRY announces new strategy

spike

TietoEVRY has announced its new strategy to drive customer value and growth through specialisation.

                    TietoEVRY announces new strategy

The technology industry is being reshaped with cloud as the foundation, providing expansion opportunities for the company.

Expansion will focus on cloud-native services, data & software engineering and scalable software businesses.

In managed application and infrastructure services, the company will seek partnerships to invest and build scale. The company confirms its 5% growth and 15% adjusted EBITA targets for 2023 while the new strategy supports potential for enhanced performance.

Hyperconnected data, enabled by cloud, is redefining customer priorities and reshaping the technology

Read More