CEO / Chief Executive
Successful Innovation Happens When Old, Newer Players Collaborate
With all the pressure that insurers and other companies face now to innovate, it turns out that going it alone may be an outdated practice. Collaborations between new and veteran players are more ...
Markel Tells Super Regional Insurers: ‘Specialize and Diversify’
Insurance is a very simple business. "You take in some money, you spend some money and you lose some money, and God willing, you have some left at the end of the day," according to Anthony (Tony) ...
White House Tally: Over 800 Proposed Regulations Killed So Far
The White House said Thursday it had withdrawn or removed from active consideration more than 800 proposed regulations that were never finalized during the Obama administration as it works to shrink ...
Travelers Net Income Drops 10%; Weather-Related Losses, Personal Auto Results to Blame
As sizable as Travelers' $595 million in 2017 second quarter net income was, it was a good 10 percent lower than the same period a year ago. Weather-related losses and higher personal body injury ...
Ron Lockton Is Lockton Inc.’s New President and CEO
Lockton Inc.'s president and CEO has resigned, and a scion of the broker's founding family has replaced him. Glenn Spencer left the privately held independent insurance broker for personal reasons, ...
The Fall of Anbang Insurance Caps Short, Wild Period for P/C Industry in China
The revolution in China's insurance industry that helped unleash about $80 billion of acquisitions started with a whimper and ended with a bang. With little fanfare, China's top insurance official, ...
Hamilton USA CEO Macia to Take Charge of New AIG Tech-Focused Subsidiary
American International Group under new CEO Brian Duperreault is moving quickly to pursue next-generation technology. The insurer has formally disclosed plans to name Hamilton USA CEO Seraina Macia as ...
Kent to Succeed Cavanagh as Willis Re CEO
Willis Re announced last Thursday that James Kent, the current deputy global CEO, will succeed John Cavanagh when he retires from his position as global CEO in December 2017. Kent joined Willis Re in ...