CEO / Chief Executive

Small and Midsize Businesses at Higher Risk of Cyber Attack, Chubb Warns

Small and midsize businesses are much more likely to experience cyber attacks than large companies. In fact, 62 percent of all cyber crime targets are small and midsize businesses. It costs, on ...

Absorb Fear: Former GE CEO Immelt Explains How to Lead Through Volatility

When a former leader of GE spoke at a New York City forum late last year, recent media discussions about the decline of the industrial giant and his shortcomings at the helm were of little concern. ...

Executives On The Move at GEICO and Ascot Group

The Berkshire Hathaway-owned GEICO has made a number of changes to its Board of Directors. Ascot Group appointed a former Markel executive to grow its Inland Marine business.

Allianz Mulls 2019 Share Buyback Slowdown to Finance Acquisitions

Allianz may slow its share buyback program after the one announced this week to allow the German insurer to make small acquisitions, the group's finance chief said on Friday after reporting a 19 ...

Being a Digital-First Carrier: 3 Key Components of Digital Transformation

The proliferation of technology usage within insurance is ironic. The industry historically labeled as a tech laggard now has more InsurTech available than insurance companies often know what to do ...

AIG’s Duperreault Blames ‘Go Large’ Strategy for Insurer’s Past Failures, Pledges 2019 Underwriting Profit

AIG President and CEO Brian Duperreault faced analysts on Valentine's Day looking both ahead and back. He elaborated on continuing steps taken to restore the struggling insurer to health, and what ...

Trōv Expands Into D.C. and Seven More States

Trōv said its on-demand online, single-item insurance products are now available in seven more states and the District of Columbia. Trōv has now expanded into Alabama, Arkansas, Georgia, Hawaii, ...

General Insurance Blues: AIG Ended 2018 With Another Money-Losing Quarter

American International Group's road to profitability continues to be both slow and challenging. High catastrophe losses in the fourth quarter presented yet another obstacle. The property/casualty ...

Specialty Broker USI Insurance Services Will Snatch Up U.S. Risk Insurance Group

Dallas-based property/casualty program and specialty brokerage firm U.S. Risk Insurance Group (U.S. Risk) announced it has agreed to be acquired by USI Insurance Services (USI). The transaction is ...

MGAs in the Age of InsurTech

Once utilized to amplify the distribution channel or to serve as intermediaries between agents and insurance companies, managing general agencies today have new roles to play. In the "Age of ...