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Howden acquires specialist broker Sterling Knight
By IBR Staff Writer
Hyperion Insurance’s retail broking unit Howden has purchased Singapore-based insurance brokerage firm Sterling Knight.
Intermediaries > Brokerage > News
UK unveils new rules for Insurance Linked Securities
By IBR Staff Writer
The UK government has introduced new rules for Insurance Linked Securities (ILS) in a move to sustain the global competitiveness of the country’s reinsurance market.
Reinsurance > News
Hannover Re acquires Lloyd's syndicate Argenta
Hannover Re has completed the acquisition of UK-based Argenta, which owns the companies Argenta Syndicate Management and Argenta Private Capital along with a pro rata share of the Lloyd’s syndicate Argenta Syndicate 2121.
Reinsurance > News
Aviva to sell Friends Provident to RL360 for £340m
By IBR Staff Writer
Aviva has agreed to divest its pensions business Friends Provident International (FPIL) to RL360 Holding for around £340m.
Life Insurance & Pensions > News
Willis Towers Watson launches virtual workspace for insurers
Willis Towers Watson has introduced a virtual, actuarial workspace, dubbed vPlace, to address the insurance industry’s need to cut down on IT infrastructure costs.
Technology > Technology in Insurance > News
Nexus to acquire trade credit insurer Equinox Global
By IBR Staff Writer
Nexus Group, a specialty Managing General Agent (MGA), has acquired Lloyd’s coverholder Equinox Global and all its group companies for an undisclosed price.
General Insurance > Commercial lines > News
Scor to acquire mutual life/health reinsurer Mutré
SCOR has entered into an agreement with the Fédération nationale de la Mutualité Française and Matmut for the acquisition of 100% of the shares of MutRé.
Reinsurance > News
China Oceanwide’s $2.7bn acquisition of Genworth faces regulatory delay
By IBR Staff Writer
The completion of China Oceanwide’s $2.7bn merger deal with Genworth Financial is likely to be delayed further, owing to a regulatory obstacle.
Life Insurance & Pensions > News
AXIS Capital secures approval to launch Lloyd’s managing agency
AXIS Capital has secured final authorization from Lloyd’s, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to launch its own Lloyd’s managing agent dubbed as AXIS Managing Agency.
Reinsurance > News

IBR Supplier Recommendations

FC Business Intelligence - Supporting Change, Growth and Success
Business, technology and policy are changing faster than ever before. We provide our clients with clarity in the chaos.... Suppliers
Sequel Business Solutions - Award-Winning Insurance and Reinsurance Software Specialist
Sequel Business Solutions Ltd are award-winning, well respected insurance and reinsurance software specialists. Sequel's customers are underwriters, brokers and MGAs within the Lloyd's, Companies and international insurance/reinsurance sector. We deliver a modern, powerful suite of Eclipse software which provide full end-to-end management of all insurance and reinsurance business. Our clients are able to grow and better manage their business through greater efficiency, flexibility, and data governance.... Reinsurance > Suppliers
Capgemini Financial Services - Consulting, Technology and Outsourcing Service
Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, enables its clients to transform and perform through technologies.Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working, the Collaborative Business Experience™.... Suppliers
Dataflux - Data Management Technology
DataFlux enables business agility and IT efficiency by providing innovative data management technology and services that transform data into a strategic asset, helping you reduce costs, optimise revenue and mitigate risks.... Suppliers
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IBR White Paper Recommendations

Analytics in Insurance Fraud: The Fight Before the Claim By FC Business Intelligence
According to a survey by FC Business Intelligence of over 100 insurance professionals for the Insurance Fraud Survey 2015, 33% agreed that sales teams should be more engaged in fraud detection and that application fraud was flying under the radar. Despite 67% of insurers listing fraud before the claim as one of the key priorities in their organisation, only 22% felt that they were successfully dealing with it. Stopping fraud at the front line is proving a challenge for insurers. With a growing number of industry bodies such as the Insurance Fraud Bureau (IFB) holding data on proven fraudsters, there is a facility to reconcile data that automatically excludes habitual offenders, but this is still only a small portion of the threat posed to the industry.... White Papers Eclipse for Carriers, Brokers & MGAs By Sequel Business Solutions
MARKEL: "Sequel have delivered what they promised. They’re helping us achieve our major business transformation milestones with their software and supporting expertise. Sequel understand the market and our business - and their ability to deliver to timescale has been clearly demonstrated."... Reinsurance > White Papers It’s Imperative: A Data Governance Primer for Solvency II and Beyond By DataFlux
“Solvency II is the most sweeping regulatory change that people now working in the insurance industry have ever experienced and the key to compliance will be high quality data, which is essential for appropriate risk modeling.” —Kathleen Dugan, EMEA Product Manager, Northern Trust ... White Papers Achieving Measurable Gains by Automating Claims Processing By Kofax
Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.... White Papers Customer Centricity: The Key to Success in Retail Banking By Kofax
The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.... White Papers See more
1-15 of 18168 results