Axa appoints Foley as new UK and Ireland chief executive & more…Keep up with what has been happening this week in our latest insurance news round-up…

MCE Insurance Limited enters administration

MCE Insurance Limited is authorised and supervised by the Financial Conduct Authority (FCA) to provide insurance brokerage services. On 17 July 2023, the directors of MCE Insurance Limited placed it into administration and appointed Mark Holborow, Vincent Green and Steven Edwards, of Crowe U.K. LLP, as Joint Administrators.

Axa appoints Foley as new UK and Ireland chief executive

Axa has appointed Tara Foley as its new UK and Ireland chief executive, a statement released today (20 July 2023) has revealed.

Duuo by Co-operators unveils embedded insurance platform

Duuo by Co-operators has announced the launch of its embedded insurance API, which enables Canadian businesses to integrate insurance purchases into their websites, apps, or platforms.

Bain Capital Closes Inaugural Insurance Fund at $1.15 Billion

Bain Capital Insurance, the insurance investing business of Bain Capital, today announced the final close of its inaugural private equity fund, Bain Capital Insurance Fund, L.P. at $1.15 billion, above its initial target of $750 million.

Canopius appoints Cooper as global head of reinsurance

Specialty reinsurer Canopius Group has appointed Charles Cooper as global head of reinsurance and CEO of Bermuda.

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

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