CII launches ‘shaping the future together’ consultation & more…Keep up with what has been happening this week in our latest insurance news round-up…

CII launches ‘shaping the future together’ consultation

The Chartered Insurance Institute today (15 October) launches the Shaping the Future Together consultation, which encourages members to have their say to help shape the professional body’s strategy. Shaping the Future Together is designed to refresh the CII’s 2016 manifesto, which saw the professional body commit to becoming modern, relevant and diverse in order to deliver relevant learning, insightful leadership and achieve an engaged membership.

Never been a more exciting time to be in general insurance, says Digit Insurance’s Goyal

Digit Insurance’s founder and chairman Kamesh Goyal says the current financial year is challenging for the general insurance industry, but is betting on strong growth in the following 12 months. Digit Insurance, a non-life insurer founded in 2017, hopes to expand its business by focusing on motor, health and fire insurance policies, founder and chairman Kamesh Goyal said in an interview with Moneycontrol.

Insurance companies with high credit ratings have better cyber security – report

There is a positive correlation between insurance companies’ credit ratings and their cybersecurity, according to a new report from Fitch Ratings. The report used SecurityScoreCard’s (SSC) grading platform to analyse the cybersecurity risk of more than 400 global insurance companies, representing about two-thirds of global insurance premiums.

Aspen announces Christopher Coleman as new Group Chief Financial Officer

Aspen Insurance Holdings Limited (“Aspen”) today announces that the Group CFO, Kevin Chidwick, has decided to retire and will be leaving Aspen at the end of the year. Kevin will be succeeded by Christopher (Chris) Coleman, who will be taking on the role of Group CFO on October 19th. Chris will be based in Bermuda and will join the Executive Committee.

RSA takeover set to complete by end of May & more...

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