Nick Lamparelli appointed Chief Programme Officer at Algorithmic Insurance Services
Algorithmic Insurance Services, Inc., trading as LIRG, a specialist re/insurance platform focused on building, incubating and scaling managing general underwriters (MGUs) and managing general agents (MGAs) has...
Parametric is ‘like internet in 1993’: early days, big potential, says LIRG’s Groenheide
Parametric insurance in Latin America is still at an early stage of adoption, but the building blocks for far faster growth are increasingly in place. The challenge, according to Mark Groenheide, founder...
Parametric uptake increased in the softening reinsurance market at 1.1
In a recent article published by The Insurer, industry participants highlighted the growing adoption of parametric solutions and hybrid industry loss warranties (ILWs) as balance sheets remain under pressure and...
American Takaful Insurance Services Appointed to Develop Takaful America, the First Large-Scale Takaful Insurance MGU in the United States
American Takaful Insurance Solutions, the Takaful insurance division of Algorithmic Insurance Services Inc., has been appointed as the exclusive brokerage and advisory firm to support the development and...
Exclusive: LIRG™ secures Ocean Re capacity for parametric political violence and terror covers
Specialty brokerage LIRG™ has agreed a binder with reinsurer Ocean Re to provide parametric covers for terrorism, strikes, riots and civil commotion, political violence and cyber risks, the companies confirmed...
LIRG™Selects MANiT Labs as Strategic Software Partner to Power Global Reinsurance Platform
Algorithmic Insurance Services, Inc., dba LIRG, today announced its selection of MANiT Labs to serve as the core technology platform for its reinsurance brokerage operations. This partnership reinforces LIRG's mission
LIRG™Appoints Steven Griswold as Chief Operating Officer to Drive Operational Growth and Efficiency
Algorithmic Insurance Services, Inc., dba LIRG™, today announced the appointment of Steven Griswold as Chief Operating Officer, reporting to Founder and Chief Executive Officer Mark Groenheide. Griswold's...
LIRG™today announced the appointment of Kurt Dinkelacker as Chief Financial Officer. A seasoned finance executive with more than two decades of leadership experience, Dinkelacker will oversee all financial...
Exclusive: Groenheide leaving NormanMax to launch specialty platform LIRG™
NormanMax co-founder Mark Groenheide is leaving the parametric-focused (re)insurer to launch cat-focused (re)insurance and advisory platform LIRG™, targeting underserved and catastrophe-exposed...
Redefining Indemnity Insurance: Mark Groenheide, CRO of NormanMax on Parametric Insurance
Join Nick as he sits down with Mark Groenheide, CRO of NormanMax Insurance Services, a seasoned commercial underwriter and parametric enthusiast. Mark discusses the evolution and significance of parametric...