Political risks
BPL CEO Aspinall steps down
BPL group CEO Sian Aspinall is stepping down with deputy CEO James Reynolds set to replace her, the credit and political risk insurance (CPRI) broker has confirmed.
Broker hails ‘financial firepower’ and ‘skillsets’ of PE partner after selling minority stake
Berry Palmer & Lyle, the specialist credit and political risk insurance broker, has announced today that it has secured investment from private equity firm Preservation Capital Partners.
Insurers launch dual Lloyd’s/company market stamp capacity for brokers
Lloyd’s insurer MS Amlin and its sister company Mitsui Sumitomo Insurance Company (Europe) (MSIG UK), have announced plans to expand their London Market footprint with the launch of a new dual-stamp underwriting capability.
Business confidence up at start of 2025 but regulatory pressure concerns rise
Financial services leaders are more confident about business growth and profitability in the first quarter than at the same point last year, according to research by KPMG UK as it also found regulatory pressures becoming a top three concern of bosses.
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Airmic CEO warns industry of challenging times ahead
Julia Graham, CEO at Airmic, has stressed the harsh market has given insurers and brokers new challenges and that difficult times are ahead.
Pine Walk launches political and non-payment risks MGA
Fidelis-backed Pine Walk has launched its seventh MGA Pernix which will be led by CEO Kade Spears and chief underwriting officer Caroline Coulson.
DR&P buys Channing Lucas & Partners
DR&P Group bought a 90% stake in Lloyd’s broker Channing Lucas & Partners late last year, according to a filing at Companies House.
Geo expands political violence and terrorism cover
Geo Specialty has broadened its UK political violence and terrorism policies, widening the scope of its business interruption insurance to cover loss of profits even after the property has been rebuilt and reopened.
ERS gains approval for expansion into new business lines
The provider's Syndicate 1856 is moving into business classes including D&F property, marine and energy liability, political risk, terror and war, cargo and specie and professional lines, following $350m capital injection.
Chubb launches terrorism risk management tool
The product is designed to help customers understand their terrorism risk and will be distributed via brokers.
Towergate reveals London specialty unit, Geo Specialty
The first product covers political violence and its development is the first step in building a "strong" London underwriting business.
Hiscox launches security policy
Product protects against threats as diverse as terrorism, bribery, extortion and industrial espionage.
Big data increases political risk, says report
Report also mentions FinTech as a major threat for established financial institutions.
Review: Tackling terror
Political violence cover. This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits. * = Poor ** = Average *** = Good **** = Very good ***** = Excellent
BPL Global hires Sian Aspinall
Aspinall joins board upon returning to broker.
Beazley expands political violence cover to regional offices
Beazley has made its political violence cover, developed at Lloyd’s, available across the UK.
XL adds to political risk and trade credit team
XL has appointed David Lineham to its political risk and trade credit team as a senior underwriter.
Miller adds Marsh and AJ Gallagher experts to team
Miller has appointed James Cunningham and Ewan Wauchope to bolster its political risk, trade credit and political violence capabilities.
Marketform boss steps down
Simon Turner has stepped down as a director and CEO of Marketform Managing Agency, and as director of Marketform.