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Global Investment

Insurance company Hellas Direct raises EUR 32m

Hellas Direct, a technology-driven insurance company operating in Greece and Cyprus, has announced that it has raised a further EUR 32m in funding in its latest financing round, bringing the total raised to date to EUR 56m. The company also welcomed on board an investor, the European Bank for Reconstruction and Development (EBRD). The EBRD […]

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Press Release

Ashish Gosavi to head Operations, Customer Services & Contact Centre of Universal Sompo

Universal Sompo General Insurance Co. Ltd, a joint venture of Indian Bank, Indian Overseas Bank, Karnataka Bank Ltd, Dabur Investment Corporation and Sompo Japan Insurance Inc. has appointed Mr. Ashish Gosavi head of Operations, Customer Services & Contact Centre w.e.f. 19th October 2020.  Prior to joining Universal Sompo, Mr. Gosavi has been working with a […]

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Executive Movements

AXA XL appoints Sean McGovern as Chief Executive Officer for UK & Lloyd’s market

Insurance company AXA XL recently announced that it has appointed Sean McGovern as Chief Executive Officer UK & Lloyd’s market. His appointment is currently subject to regulatory approval. McGovern had been performing the role on an interim basis for some months and has now been confirmed on a permanent basis, read a company statement. In […]