Managing general agents are keen to be more involved in the claims process because they view claims as a core competence with an intrinsic link to underwriting, according to the latest MGAA Matters Survey.* The fourth quarterly MGAA Matters Survey, …
Only one-third of insurers in the London market believes their firm could withstand a major cyber attack, and almost half felt they were underprepared, according to a survey conducted by Xchanging plc, the U.K. business technology and services provider. Insurers, …
Next week, in the waning days of what is set to be the hottest year on record, world leaders meet on the outskirts of Paris for a summit that seeks nothing less than to steer the global economy away from …
ACE Ltd. announced the senior leadership team it intends to appoint for the new Chubb Group’s Overseas General Insurance division. This division comprises two major businesses: one with distribution through retail brokers in five regions of the world – Asia …
ACE Ltd. announced key leaders it intends to appoint for the Asia Pacific region of the new Chubb Group’s Overseas General Insurance division, which includes Australia, China, Hong Kong, Indonesia, Korea, Macao, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and …
Ironshore Inc. and Fosun International Ltd. announced that Fosun has completed the acquisition of the remaining 80 percent equity interest in Ironshore. Fosun has received approvals from all relevant regulatory authorities in the United States, the United Kingdom and other …
Amerisure Mutual Insurance Co. promoted Rod Labbe to assistant vice president of Loss Control, Southwest Region. He is based in Dallas and reports to Kevin Clary, vice president of Loss Control with Amerisure. Labbe assumes loss control leadership responsibility for …
Cincinnati Financial Corp. announced that Stephen M. Spray, senior vice president, will transition to commercial insurance operations at Cincinnati Insurance effective Jan. 1, 2016, establishing the leadership perpetuation plan for the segment. Also on Jan. 1, Sean M. Givler, secretary, …
MarketScout, the national electronic insurance exchange and specialty managing general agency (MGA) headquartered in Dallas, has formed a national professional liability practice with the addition of insurance industry veteran, Laura McCormick. McCormick joins MarketScout as senior vice president and national …
Brown & Brown of Florida, Inc., a subsidiary of Brown & Brown, Inc., has acquired certain assets of BenTrust, which includes Bentrust Financial, Inc. d/b/a Bentrust Insurance Group; Bentrust AIB, LLC, and Florida MGA, LLC d/b/a Delta Dental MGA, according …
