Brand Management & Sales
Travelers Grabs UK Small Biz Online Insurance Broker for $490M
The Travelers Companies will snatch up Simply Business from Aquiline Capital Partners LLC for $490 million, a deal that gives it an online insurance broker with a focus on the small business market. ...
IVANS Digital Distribution Tool Will Help Carriers Grow—With Agents
With no intention of disintermediating anybody, IVANS is rolling out new commercial lines "digital distribution capabilities," which the firm promises will give carriers a "data-driven method" to ...
RSA, Post-Restructuring, Debuts New Global Risk Solutions Arm
RSA has finalized a new Global Risk Solutions (GRS) operating model aimed at giving brokers and customers better access to decision-makers and helping the division itself operate with more focus in ...
The Drone Racing League Is Coming, Sponsored by Allianz
As commercial and personal drone use has soared, drone racing – think Indy 500 but with drones – may also gaining traction, and Allianz has inked a multi-year sponsorship deal that will give it a ...
How Ill-Advised Interview Comment, Twitter Reaction Cost Ad Exec His Job
Last July, Kevin Roberts, then-chairman of Saatchi & Saatchi, was hosting a 50-person birthday dinner for his daughter-in-law at his home in the U.K.'s Lake District when he got a text message. ...
Berkley’s High-Net-Worth Personal Lines Brand Debuts
W.R. Berkley Corporation, among the latest companies to embrace the high-net-worth market, has debuted its new personal lines brand focused on the space. It's called Berkley One. The line is set to ...
Why Allstate Is Buying SquareTrade; CEO Wilson Reveals Deal Benefits
Why pay more than $1 billion for a business with revenues in the hundreds of millions of dollars today? Analysts questioned executives of Allstate yesterday about the $1.4 billion deal announced ...
Targeting Millennials, Allstate Offers $2 On-Demand Road Rescues for Turkey Day
On Nov. 23—the day before Thanksgiving—Allstate announced that it is offering $2 roadside rescues for 1,000 stranded motorists experiencing common roadside emergencies, such as flat tires, dead ...