Howden boosts UK footprint with Reich acquisition & more…Keep up with what has been happening this week in our latest insurance news round-up…
London-headquartered managing general agent CFC has launched an intellectual property (IP) insurance policy for startups and small- and medium-sized enterprises.
Intact Financial Corporation has announced that the RSA UK Pension Trustees have entered into an agreement with Pension Insurance Corporation (PIC) for Bulk Purchase Annuities with respect to £6.5 billion of RSA UK pension plan liabilities.
Howden has announced, via an emailed release, a swoop for Reich Insurance Group – in what is described as a “significant step” in its North West England expansion. Reich had been established as one of the top 10 independent insurance brokers in the UK.
Despite a growing interest in cyber insurance, the organisational structures, workplace culture, and wider risk management ecosystems that combine to minimise cyber threats are still often lacking, cyber experts told S&P Global Ratings.
Italy’s biggest bank Intesa Sanpaolo on Thursday said it would spend 360 million euros ($382 million) in cash to buy the 26.2% of healthcare insurer Intesa Sanpaolo RBM Salute it did does not own.