All articles by Patrick Brusnahan

Patrick Brusnahan

Editor of Private Banker International.

WTW adds AI to its financial modelling and reporting

RiskAgility FM is WTW’s financial modelling and reporting software technology for life and health insurers.

Lockton launches global parametric insurance team

Parametric insurance policies provide payouts based on specific event triggers, such as storm magnitude, rainfall levels, or earthquake intensity.

Cytora and Pelmorex partner to aid commercial property underwriters

The partnership between Cytora and Pelmorex will enable insurers to make faster and more accurate assessments of risk.

Canada general insurance market to beat $90bn by 2029

This is according to GlobalData which also predicted that general insurance in Canada will grow by 5.2% in 2024.

PIC finishes £370m buy-in of Hays Pension Scheme

Hays Group supported the transaction with close to £13m upfront in cash.

Novacap partners with Consilium

The work between Novacap and Consilium aims to speed up the latter’s growth.

Eldridge Industries to launch asset management and insurance holding firm

It will consist of two branches; Eldridge Capital Management and Eldridge Wealth Solutions.

Fortegra gains licence and launches in the UK

The PRA has granted Fortegra permission to establish its branch in the UK, effective November 29 2024.