Operations/tech
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Executives reiterate the mid-single expansion guidance announced in March, despite growing organically by 1% in 2020. -
Gisele Norris has over 25 years' market experience and a doctorate in public health.
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The venture, Evolution Advisors, has Seahawks quarterback Russell Wilson and singer Ciara as partners and equity owners.
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The carrier trims its assessment of the impact of Covid-19 from the nine-month mark.
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French startup Akur8 automates risk modelling processes for insurers.
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The move follows the company hiring new InsurTech partner Adrian Jones last month.
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The mean value rose to $44mn over the period, up from $28mn in 2019.
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Shares in the Beijing-headquartered broker more than treble since last week’s listing.
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Jack Evans has been chairman since 2009 and has been with the company since 1995.
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Finance minister Nirmala Sitharaman said the government will lift the foreign direct ownership cap from 49% to 74%.
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Run-off business from the carrier’s general insurance and Fortitude Re units will now sit within its other operations segment.
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The broking executive retains his role as president of the intermediary’s southern region.
