CEO / Chief Executive
Ascot Group Establishes U.S. Division; Wolyniec Named to Lead It
Ascot Group has established a U.S. division and has promoted an executive from within to lead it. The Bermuda-based specialty insurer and reinsurer appointed Greg Wolyniec as president and CEO of ...
Who’s Next? The Value of MGAs vs. Carriers
With Next Insurance making a decision convert from a digital managing general agency for small and medium-sized businesses to a licensed insurance carrier in May, there isn't much to report from the ...
Allianz Global Corporate & Specialty Reorganizes Alternative Risk Transfer Business
Allianz Global Corporate & Specialty (AGCS) said it is reshaping its Alternative Risk Transfer (ART) business into two new specialist teams, a move responding to the growing importance of ...
North Korea Hacking Group Tried to Steal $1.1B From Global Banks Over Four Years
A North Korean hacking group has tried to steal at least $1.1 billion in a series of attacks on global banks over the past four years, according to cybersecurity firm FireEye Inc. The hackers, which ...
Britain’s Aviva Boots CEO, Plans to Appoint Successor Within Four Months
Aviva is replacing its chief executive Mark Wilson after his sweeping transformation of the British insurer did not deliver the returns shareholders were looking for. During his six years in charge, ...
Lending Tree Forks Over $370M for QuoteWizard, an Online Insurance Comparison Marketplace
Online financial services marketplace LendingTree Inc. said it has agreed to acquire QuoteWizard.com, one of the largest online insurance comparison marketplaces. Since its founding in 2006, ...
Small Businesses ‘Frustrated’ With Commercial Insurance Purchase Process: Accenture
Small commercial insurers aren't giving their client base what they want – a simple and easy purchase experience. Whether online or through an agent, business owners are left confused, frustrated ...
RenaissanceRe Non-Committal About Exploring ‘Strategic Alternatives’
A ReinaissanceRe shareholder's call for the company to explore a possible sale is drawing a non-committal response from management. TimesSquare Capital Management, an institutional management firm ...