A former AXA XL executive joined QBE Insurance in a major leadership role.
Jason Harris will have the title of chief executive officer, International Division, which includes European Operations. He will succeed Richard Pryce, who will retire from QBE during Q1 2021 in a plan first announced in April.
For now, Harris will work alongside Pryce to ensure an orderly transition into the full role as soon as possible, subject to the usual regulatory approvals, the company said.
Harris joins QBE from AXA XL where he held the position of chief executive, Global Property and Casualty, with responsibility for financial lines, construction, engineering, ART and risk engineering. Before that, he was the chief executive for International Property and Casualty at XL in the UK with responsibility for the property and liability business outside of North America. He previously worked at AIG/Chartis Insurance, holding several senior roles including executive director, Commercial Lines.
Harris “is known for his leadership qualities and passion for building collaborative workplaces, which combined with his technical expertise will ensure the continued success of our International Division. I am proud of what we have achieved, and I am confident I am leaving the business in good hands,” Pryce said in prepared remarks.
Source: Carrier Management

LightSpun Raises $13M Series A to Transform Dental Insurance Administration with AI
Boston-based LightSpun, formerly known as 32Health, has secured $13 million in Series A funding to expand its AI-powered dental insurance administration platform.

MAPFRE Joins Blue Marble Consortium to Expand Climate Resilience for Vulnerable Communities
Blue Marble, the insurance company backed by a consortium of global insurance organizations committed to closing the protection gap for climate-vulnerable communities, today announced that MAPFRE has joined as its newest owner.

SageSure to Acquire Olympus MGA, Expanding Presence in Florida Property Insurance Market
SageSure, the managing general underwriter specializing in catastrophe-exposed markets, today announced that it has entered into a definitive agreement to acquire Gemini Financial Holdings Corporation and its subsidiaries, including Olympus MGA Corp.

Optalitix Quote Expands with Advanced Pricing and Analytics for Reinsurers
Insurtech Optalitix has announced a major expansion of its flagship pricing platform, Optalitix Quote, introducing advanced capabilities designed specifically for the reinsurance market.

Elysian Raises $6M Seed Round to Redefine Insurance Claims Services with AI-Native Platform
Elysian, the AI-native third-party administrator for commercial insurance, today announced the closing of a $6 million seed round led by Portage, with participation from American Family Ventures and TenOneTen Ventures.

Kettle Appoints Chris Kaarre as Senior Vice President of Underwriting to Enhance Wildfire Insurance Solutions
Kettle Inc., an AI-enabled insurance and reinsurance provider for commercial property owners in areas impacted by catastrophic climate events, has appointed Chris Kaarre as Senior Vice President of Underwriting.