Commercial Lines News

Ramsey Named Commercial Lines Director for State Auto’s Western Region

State Auto Insurance Co. has selected Gayle Ramsey to lead the company’s Western Region as commercial lines regional director. She is based in Austin, Texas. Ramsey joined State Auto in 2013 as an underwriter in State Auto’s practice groups and …

Hiscox Launches E-Trading System for U.K. Commercial Brokers

After a successful pilot, Hiscox has launched Hiscox Trader, a new e-trading solution for U.K. commercial insurance brokers in partnership with insurance technology specialists Open GI London. The new cloud-based technology enables brokers to give their customers an indication of …

Deadly Floods Disrupting Agriculture, Commercial Operations in U.S. Midwest

Deadly flooding across the U.S. Midwest is disrupting everything from oil to agriculture, forcing pipelines, terminals and grain elevators to close. The floods have killed at least 30 people and shut hundreds of roads across Missouri and Illinois, according to state …

IT Workers, Doctors, Dentists Less Likely to Lose Jobs to Robots

Computer scientists, doctors and dentists are the jobs least likely to be taken by robots as automation spreads through advanced economies, according to Bank of England Chief Economist Andy Haldane. Speaking in Parliament this month, Haldane said analysis by staff …

Alper Services Hires Moyer in Commercial Lines Division

Chicago-based Alper Services LLC has added Robert Moyer as an account manager in its Commercial Lines Division. With eight years of experience in the insurance industry, Moyer has worked on both the underwriting and brokerage sides and most recently was …

QBE Names Allianz’s Grote SVP, P/C Commercial Lines

QBE North America has welcomed a veteran industry executive to its leadership team. Walter Grote has joined QBE North America as senior vice president, commercial property/casualty, and will be based in the Chicago office. Prior to QBE, Grote served as senior vice …

Munich Re, Marsh Introduce Pharma Coverage for Regulatory Actions

Munich Re and Marsh & McLennan Cos., the largest insurance broker by market value, introduced a product to insure U.S. pharmaceutical companies against regulatory actions that could cause them to suspend manufacturing. The product would cover as much as $10 …

Roach Howard Smith & Barton Launches Private Health Benefit Exchange

Dallas-based Roach Howard Smith & Barton announced it is now offering a private health benefit marketplace for businesses. The Assurex Global Private Exchange is a private marketplace platform that gives employers a range of administrative flexibility and employee health benefit …

Study: Rate of Hispanic Business Start-Ups Highest in Midwest

The growth in Hispanic-owned businesses in the United States is outstripping that of companies in general and the fastest growth has been in Midwest states, according to a study released Sept. 21. The number of Hispanic-owned businesses grew by 30 …

Willis UK, AIG Launch Automatically Renewing Policy for Mid-Market

Willis Group Holdings and American International Group, Inc. have launched “Evergreen,” described as “an innovative, new approach to insurance that removes the need for annual policy renewal – the first UK mid-market offering with no renewal date that covers major …