HDI Global appoints life sciences underwriter

HDI Global appoints life sciences underwriter

HDI Global appoints life sciences underwriter

HDI Global has appointed Tanya Patel as underwriter for its life sciences unit. Ms Patel will be responsible for underwriting life science risks including pharmaceuticals, medical products and devices, chemicals and clinical trials. Ms Patel joins HDI Global from RSA, where she worked as a specialist environment impairment liability and casualty assistant underwriter, specifically for chemical risks. Tom Daniels, life…

Aon boosts M&A expertise for infrastructure clients

Aon boosts M&A expertise for infrastructure clients

Aon boosts M&A expertise for infrastructure clients

Aon has named Charlie Garrood as head of infrastructure M&A for the EMEA region. Mr Garrood joins Aon from PwC where he worked in corporate finance, advising clients on M&A and debt financing. Aon said the appointment will expand and deepen its M&A and transaction solutions service for infrastructure clients. “Infrastructure investors face unique challenges when executing M&A processes in…

UK Government advises firms to prepare for data disruption in no-deal Brexit

UK Government advises firms to prepare for data disruption in no-deal Brexit

UK Government advises firms to prepare for data disruption in no-deal Brexit

A Brexit no-deal would obstruct the free flow of personal data from the European Union (EU) to the UK, the UK Government has warned, going on to urge its firms to proactively address potential disruptions. The European Commission (EC) has said it will not agree to put in place, or enter discussions over, arrangements that would allow the continued flow…

UK firms failing to grasp GDPR’s reporting deadlines, warns regulator

UK firms failing to grasp GDPR’s reporting deadlines, warns regulator

UK firms failing to grasp GDPR’s reporting deadlines, warns regulator

The UK data protection regulator has warned that some companies are “struggling” to fully understand that General Data Protection Regulation (GDPR) breaches must be reported within the first 72 hours. While the UK Government has warned that  a no-deal Brexit would obstruct the free flow of personal data from the European Union (EU) to the UK, going on to urge its firms to proactively address potential disruptions…

Marsh & McLennan to buy JLT for $5.6bn

Marsh & McLennan to buy JLT for $5.6bn

Marsh & McLennan to buy JLT for $5.6bn

Marsh & McLennan Companies (MMC) is set to buy rival Jardine Lloyd Thompson (JLT) in a $5.6bn cash deal. The parent company of Marsh and Guy Carpenter said the deal for London-listed JLT has been approved by boards on both sides of the transaction. The bid amounts to $5.6bn in fully diluted equity value, or an estimated enterprise value of…

Insurers expect rise in silent cyber losses, finds Willis Re survey

Insurers expect rise in silent cyber losses, finds Willis Re survey

Insurers expect rise in silent cyber losses, finds Willis Re survey

More insurers across the globe are expecting to report silent cyber losses across all lines of business except workers’ compensation in the next 12 months, according to a new survey by Willis Re. This year’s survey revealed that more than 60% of insurers believe they are likely to incur more than one silent cyber-related loss for every 100 non-cyber-covered losses…

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