Swiss Re

The pair will head up programs business in the Americas, Asia-Pacific and EMEA.

Head of crisis management Mark LeBlanc will lead the team.

The product uses Swiss Re's flood model for rating purposes and links it with policy forms developed by Flood Services Corporation.

Workers’ compensation InsurTech Foresight is on track to underwrite more than $50mn in annual gross premiums by the end of 2021, co-founder and CEO David Fontain has told Inside P&C.

The period when underwriters were over-reliant on submissions from clients is coming to an end.

Competition is intensifying, with increased London market appetite one of the drivers.

Reinsurers, corporations and states must redouble efforts towards net-zero emissions, the carrier says.

Interest in parametric coverages has increased among insurance buyers as a response to coverage gaps exposed by unanticipated losses and tightening traditional market capacity.

The reinsurer finds secondary perils accounted for over 70% of natural catastrophe claims.

Jones has worked at Swiss Re for over 13 years, having joined from Employers Re.

The new paper will be used to underwrite cyber and tech E&O risks in the US and Canadian markets.

The med-mal specialist’s results served as a memo to the state of the industry facing a plethora of challenges.