Munich Re
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HDVI is planning to launch in Illinois, Indiana, Ohio, and Minnesota, on top of its existing presence in Tennessee and Alabama. -
The new unit will place cover for clients trading between the US and Canada.
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The reinsurer says it is in discussion with clients and industry trade bodies on the issue.
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Bob Parisi says the tie-up is a first step towards more accurate pricing and coverage for clients.
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The reinsurer has around a 20% line on the broadcaster’s policy, with Willis Towers Watson acting as the broker.
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Amazon also joined the investment round through its Alexa Fund.
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Celerity will write public and private D&O business for the wholesale insurance market.
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Bruno takes leading role in the MGA’s general aviation team.
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The outgoing chief will stand down in April after 23 years with the carrier.
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In five years’ time, the risk solutions unit will account for 30% of Munich Re’s P&C reinsurance portfolio.
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The portfolio of InsurTech partnerships will now be overseen by the company’s specialty businesses in the US and UK.
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Hudzik is a thirty-year plus veteran of the (re)insurance market having also worked at Endurance, Zurich and AIG.
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