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Alex Wright is a UK-based business journalist, who previously was deputy business editor at The Royal Gazette in Bermuda. You can reach him at [email protected].
In May, Vermont’s Dave Provost announced his retirement and the appointment of Sandy Bigglestone as Deputy Commissioner of the Department of Financial Regulation Captive Insurance Division. The pair share their goals for this next phase.
Cyber risk continues to be a top concern for businesses, but new legislation to mitigate the risk is on the rise.
Preparing for the worst is perhaps the best way to forestall the liability fallout in the case of an injury or death in the entertainment sector.
War and terror were the areas where businesses said in January that their resilience was low.
Professional firms are feeling the weight of changing litigation trends, but experts say capital isn’t a concern.
The Cayman Islands are the current market leader for health care captives.
Construction insurance pricing is being impacted by several risks of note that underwriters must review.
With the excess and surplus market set to undergo transformative growth over the next decade, brokers and insurers are faced with a host of new challenges and opportunities.
November 13th marked the 20th anniversary of Allied World’s launch in Bermuda. What started as a single line, high excess P&C carrier, is now a global player, offering multiple lines, with 21 offices worldwide, over 1,400 employees and more than $5 billion in gross written premium.
Are SPACs too new to underwrite? Some say they are not. Others urge caution as the special purpose acquisition companies are at minimum complex to underwrite
New technological advances are enabling the policy checking process to be fully automated, using agency management and policy-checking software.
2021 is set to be a pivotal year for the professional liability insurance markets.
While Bermuda’s captive industry has experienced relative success since its inception, it now faces a major setback following new G7 regulations.
John Marchisi, national director, SPAC segment, financial practice at Gallagher sat down with Risk & Insurance to discuss the recent surge of SPAC usage and what risks need to be top of mind for professionals.
Quick thinking and a willingness to learn enabled this risk manager to protect her employees without any COVID-related litigation.
During a pandemic that caused many shutdowns, Avis’s Suzanne Panicoe took her risk responsibilities to the next level.
What happens in the immediate aftermath of a hack can be just as important as preliminary defensive measures.
Cyber coverage specificity is lacking. Brokers, insureds and carriers face a mandate to communicate clearly and craft appropriate coverage.
The pandemic has heightened financial inequality, climate change risk and the threat posed by ‘zombie’ companies.
M&A activity within commercial insurance soared in 2020. Here’s what’s driving the shifts.
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