Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

19 May 2012

Ice departure prompts Ifex questions

6 September 2011

The departure of pivotal Ifex executive Billy Welch from the firm's new owner, the IntercontinentalExchange (Ice), has prompted speculation that the industry loss warranty (ILW) trading platform will shortly re-launch in a new home.

Welch, who spearheaded the Ifex trading platform in Chicago, left Ice last month, Trading Risk understands.

Welch has joined serial insurance entrepreneur Neil Eckert's new venture, Environova Consulting, along with an 11-strong team who worked under Eckert at Climate Exchange.

Ifex contracts - exchange-traded versions of...


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