Swiss Re acquires Fathom

Published on December 18, 2023
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PIC secures £25m buy-in with Westminster Abbey Pension Scheme

December 18, 2023
Pension Insurance Corporation plc (PIC), a specialised insurer for defined benefit pension funds, has successfully completed a £25 million full scheme buy-in with the Trustees of the Westminster Abbey 1972 Retirement and Death Benefits Scheme.The buy-in provides insurance coverage for the pension liabilities of 125 pensioners and 107 deferred members who were former employees of Westminster Abbey.

Patricia Kocsondy to lead Beazley’s Global Cyber Digital Risks team

December 18, 2023
Specialty insurer Beazley has appointed Patricia Kocsondy as Head of Global Cyber Digital Risks, effective January 1, 2024.In her new role she will be responsible for setting the global product and distribution strategy for all of Beazley’s cyber business sub $250million, and ensure products and services are tailored to the specific needs of the segment of companies in an easily accessible and hig