New Chubb’s O’Brien Traverses High Wire of Integrating High Net Worth Businesses March 21, 2016 By Andrew G. Simpson Its acquisition of Fireman’s Fund’s business in April, 2015 provided ACE Ltd. with an idea of what’s involved in integrating...
Ironshore Establishes Private Client Group, Launches Coverage in Select States March 1, 2016 Ironshore Inc. has established a dedicated Private Client Group to introduce its new insurance plan, the Ironshore Private Insurance Portfolio....
XL Buys Stake in High-Net Worth Insurer PURE November 20, 2015 By Sonali Basak XL Group Plc, the Dublin-based insurer run by Chief Executive Officer Mike McGavick, acquired a stake in Privilege Underwriters Reciprocal...
Ace Private Risk’s Courtemanche Joins Boston’s Risk Strategies Co. October 30, 2015 Industry veteran Bob Courtemanche, until recently chairman of Ace Private Risk Services, has joined Risk Strategies Co., the Boston-based insurance...
How Population Shifts Are Changing Personal Lines Insurance September 8, 2015 By Don Jergler There are “far-reaching implications” for personal lines insurers and the products and services they provide as the U.S. continues to...
AIG Launches Insurance for Couture, Designer Wardrobe Collections September 3, 2015 AIG Private Client Group, a division of American International Group, Inc. that serves high net worth policyholders, has introduced wearable...
Nationwide Rebrands Crestbrook, Expands Affluent Client Offerings to 4 States August 26, 2015 By Andrew G. Simpson Nationwide Private Client insurance products and services for affluent clients are now available in four new states: Alaska, Idaho, Minnesota,...
AIG Insurance Results Down in Q2; CEO Sees Opportunity in ACE-Chubb August 4, 2015 By Andrew G. Simpson American International Group Inc. (AIG) today reported net income of $1.8 billion for the quarter ended June 30, 2015, compared...
Hub Acquires Assets of Florida-Based Cooper Simms Insurance July 9, 2015 Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Cooper, Simms, Nelson & Mosley (Cooper Simms),...
ACE to Acquire Chubb in $28.3 Billion Deal July 1, 2015 By Andrew G. Simpson In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock....