Insurtech UK to tap into US market with new insurance corridor & more…Keep up with what has been happening this week in our latest insurance news round-up…

Insurtech UK to tap into US market with new insurance corridor

The trade association hopes to reduce bureaucracy and promote the role of insurance as ’oxygen of the economy’ in both the UK and US.

Hannover Re boss outlines underwriting status in Russia

The underwriting of new risks and contracts renewal for policyholders in Russia are a no-go at present, according to Hannover Re chief executive Jean-Jacques Henchoz.

Chubb grows commercial leadership team

Chubb has expanded its commercial leadership team with two new appointments. The company has appointed Ketan Vaidya as division president of North America small commercial insurance and Jeffrey Updyke as head of North America lower middle market.

Broking firm bolsters presence with two key acquisitions

Heath Crawford and Foster Limited (HCF) is no stranger to acquisitions. Only last year the Watford-headquartered broking firm announced a hat-trick of acquisitions and today it has revealed its acquisition of two more insurance brokers – Merenda & Co and Essex Financial Management Ltd (General Insurance Division).

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

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