News relating to the Bermuda and international insurance and reinsurance industry.
Sompo International Holdings has expanded its strategic partnership with Pharm3r, a life science and healthcare data analytics company, in a move it said will enhance its US life sciences risk modeling capabilities.
Armour Group has appointed Yulia Bruskova as the group’s chief risk officer. Bruskova will assume her new position in November, reporting to Brad Huntington, chairman and CEO, and the appropriate governance committees.
MS Amlin has developed a new underwriting strategy that involves redeploying its capital and management focus where it believes underwriting expertise is critical and products are not commoditised.
New Energy Risk (NER), an affiliate of AXA XL that insures technical risk for breakthrough technologies, has hired Matt Lucas as managing director of business development and Dvorit Mausner as director of execution.
Sun Life US will open a new office in Portland that will serve as a hub for its Northern New England operation.
AXIS Capital Holdings has named Martin McCarty as global treasurer, with responsibility for overall capital, foreign currency, cash and liquidity management, as well as coordination with ratings agencies.
Aspen Insurance has appointed Mohinder Kang as chief people officer, leading an HR team that has a renewed focus on its human capital as it looks to continue accelerating cultural change.
Markel International has formed a new leadership team for claims across its wholesale and national markets businesses.
Lloyd’s has created an independent advisory group to oversee its cultural transformation that will be headed by Fiona Luck, a former member of the Bermuda Monetary Authority board of directors and current board member at Lloyd’s.
Everest Insurance has acquired all the outstanding shares of its joint venture Salus Systems, which it formed in 2017 in partnership with Charter Partners Community.