Members of the Association of Bermuda Insurers & Reinsurers (ABIR) made a direct economic contribution to Bermuda of more than $840 million in 2017, according to the group’s 13th annual member survey results. Data reported for calendar year 2017 from …
Alliant Insurance Services has added Brady Ayala as senior vice president in its Employee Benefits Group in Oklahoma City. Ayala will service a growing portfolio of regional clients, deploying a full range of benefits consulting solutions focused on strengthening operations …
Despite the volume of cyberattacks doubling in 2017, banks and insurance firm firms are closing the gap on cyber attacks, having stopped four in five of all breach attempts last year. According to a study by Accenture, financial services firms …
Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Champion Benefits of Atlanta. The company provides integrated, strategic benefit plans for clients with a fully integrated team including healthcare consultants, pharmacists, nurses, …
Technology-oriented insurance startups and established small mutual property/casualty insurers may find they are better off partnering than competing. Mutual property/casualty insurance companies continue to face heightened competition amid an insurance industry that is being transformed by technological, economic and demographic …
Optisure Risk Partners, based in Manchester, N.H., has hired Beth Needham as insurance operations manager and best practices leader. In this role, she will serve as a contributing member of the Optisure leadership team, offering insurance operations experience in service, …
Alliant Insurance Services, a Newport Beach, Calif.-headquartered specialty insurance brokerage firm, has launched Imperium Consulting Group, a specialized advisory business that works with clients to better manage commercial risks as well as resolve complex claims and disputes. Imperium is based …
A new suite of policy documentation, to support the underwriting of risks from the European Economic Area by Lloyd’s Brussels, has been published. The new documents were prepared by the Lloyd’s Market Association’s (LMA)* wordings team, working closely with the …
Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has further expanded its leadership team in the Dubai International Financial Centre (DIFC), with the appointment of executives to fill key product line and service posts. “Building a strong foundation of …
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has proposed penalties of $199,183 to Missouri-based American Walnut Company LLC for two repeated and 14 serious safety violations. OSHA initiated an inspection of the St. Joseph sawmill after …
