Just Group completes £44m buy-in & more…Keep up with what has been happening this week in our latest IP news round-up…

Cowbell promotes Sabouni to Chief People Officer, & Palardy to Chief Actuary

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has made two executive promotions, as Sahar Sabouni, Head of Employee Success becomes Chief People Officer, and Dan Palardy, Lead Actuary, becomes Chief Actuary.

IGI promotes Stav Tsielepis to post as group chief actuary

Bermudian-domiciled International General Insurance has promoted Stav Tsielepis to the post of group chief actuary, with responsibility for capital, pricing, reserving and exposure management.

Just Group completes £44m buy-in transaction with The Energizer UK Pension Plan

Just Group (“Just”) has completed a £44m full buy-in transaction with The Energizer UK Pension Plan (the “Scheme”) in partnership with Buck, a Gallagher company, Hogan Lovells and Zedra Governance Limited.

Hymans Robertson lead transaction advice on PIC’s £870 million Buy-in for the De Beers UK Pensions Scheme

Hymans Robertson has been the lead adviser on the De Beers UK Pension scheme £870m buy-in with Pension Insurance Corporation plc (‘PIC’). The transaction secures the pensions of over 1,900 deferred and pensioner members of the Scheme.

LCP advise Trustees on Riverstone buyin with Standard Life

The Trustees of the Plan and Standard Life are delighted to announce that they have completed a full buy-in, securing the benefits of all 388 members in the Plan. This is the second scheme sponsored by Brit Insurance that has now completed a full buy-in following the full buy-in of its other scheme in 2022.