Willis Towers Watson appoints western Europe head of FINEX

Willis Towers Watson appoints western Europe head of FINEX

Willis Towers Watson appoints western Europe head of FINEX

Willis Towers Watson has appointed Elke Vagenende as head of western Europe for FINEX, its financial, executive and professional risks unit. Ms Vagenende joins Willis after six years at AGCS, most recently as head of market management. In her new role, Ms Vagenende will be based in London, working closely with global FINEX specialists and risk advisers across western Europe.…

European heat and drought to cost agriculture sector billions, says Munich Re

European heat and drought to cost agriculture sector billions, says Munich Re

European heat and drought to cost agriculture sector billions, says Munich Re

The heatwaves, droughts and forest fires currently affecting swathes of Europe will cost the agriculture sector billions of dollars with entire harvests lost in some cases, Munich Re warns. According to the reinsurer, the grain harvest in Germany is likely to be down more than 10% on the long-term average as a result of the hot and dry weather. Total…

Mapfre restructures global risks business

Mapfre restructures global risks business

Mapfre restructures global risks business

Mapfre has reorganised its global risks business, designed to increase the capacity for large commercial risks. The insurer said Mapfre Global Risks will continue to be the business unit dedicated to global clients. “As part of this process, Mapfre Global Risks will continue to be Mapfre’s business unit specialising in providing comprehensive and innovative insurance solutions to large companies, multinational…

New director of business operations for Brokerslink

New director of business operations for Brokerslink

New director of business operations for Brokerslink

Brokerslink AG has appointed Anne Collette as director of business operations “to spearhead the continuing development of its global broking capabilities and network”. She will be based in Brokerslink’s office in Porto, Portugal. In this newly-created role, Ms Collette will be responsible for Brokerslink’s business operations globally including the management and coordination of its global network of partners and affiliates,…

Igrea signs up AGCS to claims charter but plenty more work to be done

Igrea signs up AGCS to claims charter but plenty more work to be done

Igrea signs up AGCS to claims charter but plenty more work to be done

Allianz Global Corporate & Specialty (AGCS) is the latest international insurer to sign up to Igrea’s claims charter that, among other key points, demands insurers confirm how they will deal with a claim and whether it is valid within 30 days of being served, as well as make payment within 60 days. The association of risk managers at leading Spanish…

London, Moscow and Paris most exposed European cities to risk

London, Moscow and Paris most exposed European cities to risk

London, Moscow and Paris most exposed European cities to risk

London, Moscow and Paris are the most exposed European cities to a set of 22 risks, with a combined $24.6bn of annual GDP – or a third of Europe’s total losses – under threat, according to new research from Lloyd’s and the University of Cambridge. The Lloyd’s City Risk Index finds that market crash, cybercrime and floods are the top…

Igrea gives insurers chance to explain their claims strategies at Madrid event

Igrea gives insurers chance to explain their claims strategies at Madrid event

Igrea gives insurers chance to explain their claims strategies at Madrid event

The Spanish large corporate risk and insurance sector meets in Madrid today at the latest Risk Frontiers conference, organised by Commercial Risk Europe in partnership with Spanish risk management association Igrea. Claims, cyber and the future evolution of the insurance sector, not least given the recent major market consolidation, will be top of the agenda. Igrea believes there is significant…

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