Specialty Reinsurance
Specialty Reinsurance
Cyber
Specialty Reinsurance
We're pleased to announce that Financial Institutions (FI) product, FortiFI, is launching a new wording for the Australian insurance market at the end of October 2024. Launched in the US earlier this year, FortiFI is one of the only fully end-to-end FI offerings in the market that features integrated Cyber coverage. The new wording will…
read moreWe're pleased to announce a strategic partnership with mea, implementing their advanced AI-powered processing platform to revolutionise underwriting efficiency across IQUW’s (re)insurance operations. The partnership will enhance IQUW’s underwriting productivity and improve service as the (re)insurer continues to focus on delivering seamless broker experiences. The partnership, which is currently live within IQUW’s Director and Officer…
read morePolitical violence insurers are facing arguably the greatest level of volatility for decades with an escalation in the number of unexpected events. Dan Callow, Lead Underwriter Political Violence & Terrorism, War, in conversation with Francis Churchill from Insurance Day, examines issues around political unrest. Dan points out the critical role social media plays in amplifying…
read moreDoes the rising impact of perils outside of hurricane and earthquake on the re/insurance industry mean they are no longer ‘secondary’?"With secondary perils like wildfires and floods now responsible for 67% of natural peril insured losses in 2023, these risks can no longer be viewed as secondary. The re/insurance industry must prioritize collaboration to improve…
read moreIQUW is pleased to announce the appointment of Peter Hearn as an independent Non-Executive Director to the IQUW Holdings Bermuda Board. Hearn is widely recognised as a visionary leader and brings over four decades of experience in the global insurance and reinsurance broker sector, including various senior leadership roles, most recently as Marsh McLennan Vice…
read moreHow did you first arrive in the insurance industry? Living in Bermuda, which is a big re/insurance hub, I knew about the industry. I studied Business Administration, majoring in Accounting at Wilfrid Laurier University in Canada, but by fourth year I had realised accountancy wasn’t for me. After moving back to Bermuda post-graduation, I applied…
read moreStephen Young, Global Head of Reinsurance, CEO Bermuda discusses with Global Reinsurance market dynamics amid challenging losses in recent years. Stephen comments, "After reinsurers suffered multiple challenging losses, a re-evaluation of coverage, attachment points and rate increases has propelled reinsurance returns into the mid-20s in 2023 and have made for a more orderly renewal period…
read moreProperty and specialty insurer and reinsurer, IQUW, has announced the promotion of Robbie MacDonald to Head of Property. MacDonald has been promoted from the position of Head of Property, Direct and Facultative (D&F) which he has held since May 2023, where he co-lead IQUW Property alongside Head of Property, Delegated Authority (DA), Tom Hennessey. “I…
read moreOur regular IQUW Live events offer brokers an alternative view on the intelligent use of data, automation and the importance of human expertise across a range of topics. This month, we welcomed the Rt Hon Rory Stewart, politician, diplomat and academic, to discuss 2024, the year of elections, where more than 49% of the world’s…
read moreWhile Cyber insurance only being a relatively new class of business within the insurance market it has grown and changed substantially within its short existence.Here Lead Cyber Underwriter Andrew Lewis talks about his happy accident of a career in underwriting along with the challenges and opportunities faced in the constantly evolving Cyber insurance market. How…
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