Brit's ri3k ownership hangs in balance as case for sale grows

Speculation that the American insurance analysis group Advisen may oust Brit as ri3k's parent has hi...

Speculation that the American insurance analysis group Advisen may oust Brit as ri3k's parent has highlighted the growing pressure on the reinsurance platform to change hands in the wake of Lloyd's failed e-trading initiative Kinnect.

It has been the case for some time that a new parent could unleash ri3k's potential to a wider audience, because the market has never been entirely comfortable with an electronic market platform that is owned by one of the participants in that market. However, the

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IQUW launches ports and terminals product

IQUW has launched a ports and terminals product, with the insurer claiming it will help brokers and clients manage their risks with cover for physical loss or damage to marine property and cargo handling equipment, business interruption and third-party liabilities.

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