Middle East: AMAN Union signs insurance training agreement with RISC Institute DMCC

Published on October 1, 2024
Saudi Arabia-based AMAN Union, the leading professional forum for commercial and non-commercial risk insurers and reinsurers, has signed a corporate training services agreement with UAE-based RISC
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WTW to sell TRANZACT to GTCR & Recognize in $632.4m transaction

October 1, 2024
WTW, the global insurance broker, has entered into a definitive agreement to sell its TRANZACT direct-to-consumer insurance distribution business to GTCR, a private equity firm, and Recognize, a technology services investment platform, for $632.4 million, subject to certain adjustments.According to the announcement, the sale is expected to close by the end of 2024, subject to regulatory approvals

UK P&I Club appoints Kyle Lochridge as SVP, Americas

October 1, 2024
The UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services for the international shipping community, has announced the appointment of Kyle Lochridge as Senior Vice President (SVP) for the Americas.Lochridge will report to Leanne O’Loughlin, Regional Director, Americas, and William Beveridge, Chief Underwriting Officer.In his new role, Lochridge will collaborate with