Brand Management & Sales
‘New Wealth’ Shows High Interest in High-Priced Art
Art Basel Miami Beach, the largest U.S. art fair, will offer more than $3 billion of mostly postwar and contemporary works when it opens to a select group of collectors today, a 20 percent increase ...
Carrier Disintermediation of Agencies
A multitude of forces are causing many carriers to think of ways to disintermediate agencies. Health care reform is one. Some benefits carriers have cut commissions to 0 percent and agents are still ...
Pacific Specialty’s CEO: Working Within Limits, Re-engaging Independent Agents
When employees of Pacific Specialty Insurance Co. bemoan the fact that they don't have a ton of money to spend on sales and marketing to generate growth, the CEO does not promise to find more ...
RSA Ireland CEO Smith Quits, Says Made ‘Fall Guy’ in Accounting Probe
RSA Insurance Group Plc's Irish unit Chief Executive Officer Philip Smith resigned Nov. 28, saying he was made a "fall guy" amid an investigation into the insurer's accounting practices. The company ...
Easing of Iranian Oil Ship Insurance Sanctions Likely Months Away
A pledge by world powers to ease ship insurance sanctions on some Iranian oil exports is likely to take months to come into effect due to complex law and regulation and to insurers' unease over ...
Five Insurers Bid for Citigroup Distribution Deal in Asia
Five insurers including MetLife Inc. and AIA Group Ltd. have submitted final bids to have their products distributed by Citigroup in Asia, a deal estimated to generate more than $10 billion in ...
Smith Appointed President of Aon Benfield’s U.S. Business
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, on Wednesday announced the appointment of Kelly Smith as president of its U.S. business, effective immediately. ...
Zurich P/C Chief Kerner Sees ‘Dramatic’ Cyber Attack in Near Future
Michael Kerner, who oversees property-casualty coverage at Zurich Insurance Group AG, said computer threats are escalating and may soon cause "dramatic" disruptions for businesses and individuals. ...