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Insurance Firms Restructure Leadership And Bolster Specialist Talent Amid Evolving Market Demands

Insurance-linked firms are continuing to reshape their leadership teams and invest in specialist expertise to stay aligned with shifting market dynamics and client expectations. Aspen Restructures Casualty Leadership with International Focus Aspen Insurance Holdings has appointed Ryan Cushway as Head of International and UK Casualty Insurance, effective August 1, 2025. This newly created role consolidates oversight of Aspen’s casualty operations…Read Article

Noma Security Secures $100M In Series B Funding Round

Noma Security, a rapidly expanding cybersecurity firm specialising in AI and agent-based security solutions, has raised $100 million in its Series B funding round. The round was led by Evolution Equity Partners, with continued participation from existing investors Ballistic Ventures and Glilot Capital. Coming less than a year after its previous funding round, this latest investment reinforces Noma Security’s position as the fastest-growing compa…Artificial Intelligence · Israel Read Article

Consortium Completes Acquisition Of Viridium Group

A consortium of leading insurers and asset managers has finalized its acquisition of Viridium Group, a prominent European closed-book life insurance platform, from private equity firm Cinven. The transaction, originally announced on March 19, 2025, has now officially closed. Financial details of the deal remain undisclosed. The consortium includes Allianz, BlackRock, Generali Financial Holdings, Hannover Re, and T&D Holdings. As part of the next…Neu-Isenburg · Neu-Isenburg Read Article

UK P&I Club Launches Fixed Premium P&I Product For Smaller Vessels

The UK P&I Club has unveiled UK Fixed, a new fixed premium Protection and Indemnity (P&I) insurance product tailored for owners of smaller vessels. The launch follows the integration of Thomas Miller Specialty Marine (TMS) into the Club’s operations. UK Fixed offers fixed premium P&I coverage for a diverse range of vessels, including offshore support ships, tugs, utility craft, general cargo vessels, and inland watercraft. The new product builds…Insurance · United Kingdom Read Article

QBE Appoints Paul Peerdeman As Head Of Marine Underwriting

QBE has announced the appointment of Paul Peerdeman as Head of Marine Underwriting in the Netherlands, marking a key step in the insurer’s expansion of its marine insurance portfolio into the Dutch market. Peerdeman, who assumes the role on August 1, will be based in Amsterdam. He brings over 35 years of extensive experience in marine insurance, having held senior leadership positions at major firms including ERGO Netherlands, Aon, HDI Gerling, …Amsterdam, Netherlands · Amsterdam Read Article

Gallagher names Aon's Alistair Lester CEO of Private Equity and M&A, UK & EMEA

Insurance and reinsurance broking group Gallagher has appointed Alistair Lester as Chief Executive Officer (CEO) for Private Equity and M&A client practice, leading the firm’s existing transactional risks teams in the UK, Europe and the Middle East (EMEA). In the role, Lester will oversee the expansion of the practice to deliver a comprehensive suite of services and solutions to businesses of all sizes engaged in acquisitions, mergers, and other…Insurance · United Kingdom See the Story

Allianz UK Partners With Sainsbury’s Bank To Provide Home And Motor Insurance

Allianz UK has entered into a strategic agreement with Sainsbury’s Bank to deliver home and motor insurance products to the bank’s customers, marking a significant expansion of Allianz’s presence in the UK retail insurance market. Starting November 1, 2025, Allianz UK—through its subsidiary Liverpool Victoria Insurance Company—will begin issuing replacement home and motor insurance policies to Sainsbury’s Bank customers as their existing coverag…United Kingdom · United Kingdom See the Story

ThingCo Secures £2 Million In Funding From BHL

Telematics insurtech ThingCo has secured an additional £2 million in funding from BHL (UK) Holdings, marking a significant step in its plans to scale operations and strengthen its market position during what it calls a “pivotal year” for the business. The funding comes from BHL, the majority owner of comparethemarket.com, and part of a broader group of businesses that serve more than 8.5 million customers across the UK, South Africa, and Austral…United Kingdom · United Kingdom Read Article

Liberty Specialty Markets Bolsters Energy Division With Strategic Appointments

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced three key appointments to its energy division, enhancing its underwriting strength in the power and renewables sector. Alex Nelson has been named Underwriting Manager for Power and Renewables, while Andrea Ciraci and Oliver Prout have joined as Senior Underwriters. Together, the trio brings more than 30 years of collective experience in leading energy underwri…London, England · London Read Article

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Top altaworld.tech News

Lloyd's Names Stephane Flaquet As Chief Operating Officer

TBIG Completes Acquisition Of KSL Thomas

Insurance Firms Restructure Leadership And Bolster Specialist Talent Amid Evolving Market Demands

Noma Security Secures $100M In Series B Funding Round

Consortium Completes Acquisition Of Viridium Group

UK P&I Club Launches Fixed Premium P&I Product For Smaller Vessels

QBE Appoints Paul Peerdeman As Head Of Marine Underwriting

Gallagher names Aon's Alistair Lester CEO of Private Equity and M&A, UK & EMEA

Allianz UK Partners With Sainsbury’s Bank To Provide Home And Motor Insurance

ThingCo Secures £2 Million In Funding From BHL

Liberty Specialty Markets Bolsters Energy Division With Strategic Appointments

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Noma Security Secures $100M In Series B Funding Round

Consortium Completes Acquisition Of Viridium Group

UK P&I Club Launches Fixed Premium P&I Product For Smaller Vessels

QBE Appoints Paul Peerdeman As Head Of Marine Underwriting

Gallagher names Aon's Alistair Lester CEO of Private Equity and M&A, UK & EMEA

Allianz UK Partners With Sainsbury’s Bank To Provide Home And Motor Insurance

ThingCo Secures £2 Million In Funding From BHL

Liberty Specialty Markets Bolsters Energy Division With Strategic Appointments