Tremor Technologies, Inc., a venture-backed startup based in Greenwich, CT, has announced that its programmatic risk placement marketplace is fully operational with significant buyers and sellers of re/insurance protection in place.

A.M. Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of "bb+" to Russian Reinsurance Company JSC (Russian Re) (Russia). The outlook assigned to these Credit Ratings (ratings) is stable.

Insurers are no longer discussing AI (Artificial Intelligence) as a theoretical concept. The conversation has moved on: we are currently seeing practical implementation of this technology, and the results are proving to be truly advantageous.

Chisinau, 2 October 2018
Digitalization of the insurance market, cost optimization and rethinking of distribution, tariffs' liberalization and introduction of the new products - are just a few key interest points of the Moldavian insurance market. Thus, local factors as well as external ones are driving all the involved stakeholders to adapt and respond to the new requirements and also to the InsurTech revolution.

The insurance industry is now looking beyond AI and moving towards intelligent automation (IA). There is no doubt that IA will dramatically impact claims, underwriting, customer experience and more; but what are the immediate steps for implementation?

Groupama Asiguraari, the Romanian arm of the French group and of the leading players on he ocal market, has announced the appointment of Stefan STAVROSITU as National Sales Director, replacing Julien RAMILLION who, after holding this position for four years, will receive other responsibilities.

International General Insurance Holdings Limited (IGI) is pleased to announce the appointment of David ANTHONY and Anwar Al-JABRI as two new non-executive directors to its Board.

TOKIO Marine HCC announced that Susan RIVERA has been appointed its next CEO effective September 1, 2018, replacing Christopher J.B. WILLIAMS.

A.M. Best has commented on 25 July that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a" of Barents Re Reinsurance Company, Inc. (Barents Re) remain unchanged following the re-domiciling of Barents Re to the Cayman Islands.

An innovative policy provided in partnership by Swiss Re and Security First Insurance for the US state of Florida's residents, but replicable at a larger scale, demonstrates that flood is a risk insurable in the private market, thus offering a mean of reducing the insurance gap.

Dr. Andy Kuper, founder and CEO of LeapFrog Investments, has received the 2018 Founder's Award and Gold Medal from the International Insurance Society for his pioneering work. He was honoured for LeapFrog companies reaching 130 million people in a decade.

The works of the Global Insurance Forum continued today in Berlin, Germany. Providing security for ageing populations in health care and pensions terms, as well as innovation and InsurTech or innovative strategies for the future development of the industry are on the today's agenda.

International Insurance Society (IIS) will open two regional offices till the end of this year -in London and Singapore, to expand its global footprint, has announced President & CEO of the IIS, Mike MORRISEY at this year's Global Insurance Forum in Berlin.