Brand Management & Sales
Consortium of 20 Insurers Offers Coverage for Derivatives Clearinghouses
A group of insurers is for the first time offering to shoulder risk for clearinghouses backing hundreds of millions of derivatives trades, proposing more protection in markets where a collapse could ...
From the Front Lines to the C-Suite: Farmers’ David Travers
When he was taking policyholder phone calls as a customer representative for a direct writing carrier 26 years ago, David Travers did not have designs on a position in the C-suite of an agency ...
Fitch Sees Rise in Demand for Private Flood Insurance
As federal subsidies for flood insurance are reduced and the cost of government provided insurance goes up, the demand for private flood coverage could also rise, according to Fitch Ratings. However, ...
House Passes Flood Insurance Bill; Key Senators Sign On
The U.S. House of Representatives Tuesday evening passed bipartisan legislation to curb some of the premium increases in the nation's flood insurance program that have been causing "sticker shock" ...
India Opposition Party Vows More Foreign Investment in Insurance
India's opposition Bharatiya Janata Party will consider raising the cap on foreign investment in the insurance sector from the current level of 26 percent if it comes to power after elections due by ...
New Esurance Tool Predicts Direction of Gas Prices
Esurance, the direct-to-consumer insurance company, announced the launch of Fuelcaster on Tuesday—a free online tool that predicts whether gas prices will rise or fall. Fuelcaster empowers ...
Guy Carpenter’s Satellite Imaging Service Assisting Insurers with UK Floods
Reinsurance specialist Guy Carpenter & Co. recently launched a satellite-based catastrophe evaluation service, GC CAT-VIEWSM, which it is already using to provide clients affected by the recent ...
Most Profitable Insurer Piggybacks on Bank Sales Channel
BB Seguridade Participacoes SA's strategy of piggybacking on its corporate parent's 5,400 bank branches to sell policies is making it the world's most profitable insurer. The company will post a 44 ...