Bill Pieroni News

Why E&S Carriers Aren’t Winners Over the Long Term

ACORD’s recent study, “Intelligent Growth: Intent, Decisions, Outcomes,” reveals that E&S/specialty companies don’t fare well over the long term. Here, CEO Bill Pieroni suggests possible reasons in an interview with Wells Media’s Andrew Simpson. Q: You talked about the winners …

Confessions of a Diehard Insurance Data Fan: Part 2

After Bill Pieroni, the CEO of ACORD, delivered a presentation about ACORD’s latest study, “Intelligent Growth: Intent, Decisions, Outcomes,” he sat down with Wells Media’s Andrew Simpson to talk about winning carrier strategies. Pieroni, who discussed carrier growth and profit …

How ‘Intelligent’ Insurers Grow and Create Value: ACORD Study

Some insurance carriers grow but do not create value. Others shrink but still create value. Some fail at both. Then there are the “intelligent growers”—those that succeed at both, not only growing but also creating value. Intelligent growers— that’s the …

Confessions of a Diehard Fan of Insurance Data: Part 1

If Bill Pieroni were a Major League Baseball executive, he would be one of those sabermetric types like Oakland’s Billy Beane, heralded by the book “Moneyball.” His team’s manager would have spreadsheets on an iPad, and his team would use …

Electronic Marketplace AkinovA Donates Data Assets to ACORD for Industry Standards

AkinovA, the independent electronic marketplace for the transfer and trading of re/insurance risk, has donated key insurance linked security (ILS) data assets to ACORD, the global standards-setting body for the re/insurance industry,. The donated assets include data definitions and collection …

Marsh Develops Commercial Blockchain Solution for Proof of Insurance

Marsh announced it is collaborating with IBM, ACORD and its client, ISN, to develop a commercial blockchain solution for proof of insurance. By using blockchain, or distributed ledger technology, Marsh said the certificate of insurance process will be transformed “from …

Marsh Hires State Farm Executive Pieroni as Chief Operating Officer

Global insurance broker Marsh has appointed Bill Pieroni to the role of chief operating officer, effective Sept. 19. Pieroni comes from State Farm where he served as senior vice president. In his new role at Marsh, he will be responsible …