CEO / Chief Executive
Allstate Will Pay $1.4B for SquareTrade, a Seller of Mobile Device/Appliance Warranties
The Allstate Corp. agreed to acquire SquareTrade, a consumer electronics and appliance protection plan provider that distributes through many of America's major retailers. Allstate said it will ...
Verisk Acquires Data/Analytics Firm MarketStance for Undisclosed Price
Verisk Analytics disclosed it has snatched up MarketStance, a well-regarded firm that provides property/casualty insurance companies, brokers and agents market intelligence data and analytics. ...
AIG’s Schimek Sees Continued Combined Ratio Improvement in 2017
AIG has made good progress toward achieving its strategic goals of creating "a leaner, more focused, highly profitable commercial insurance organization," according to Robert S. Schimek, executive ...
AIG Europe HQ May Leave London on Brexit Concerns
American International Group, a U.S. insurer, may move its European headquarters from London to another European Union country because of Britain's vote to leave the EU, the head of the AIG's ...
Reversal of Fortune: How One CEO Went From Behind Bars to the Front of Insurance Technology
When entrepreneur Louis Ziskin says, "My best days are in front of me," he's not kidding. Ziskin had spectacularly built an eight-figure business in a scant four years and then lost it all in an ...
Large Insurers May Gain as a Trump Administration Deregulates
Wide-ranging financial industry deregulation under President-elect Donald Trump could benefit large insurers, particularly those such as AIG and others deemed as systemically important under current ...
AIG to Lose $430M on Fuji Sale, Gain $300M on Seoul Transaction
American International Group Inc., the insurer that's shrinking to free up capital for shareholder buybacks, said it expects to book a loss of about $430 million on the previously disclosed deal to ...
Treasure Trōv: A Serial Entrepreneur’s Path to On-Demand Single-Item Insurance
Scott Walchek is a serial startup specialist—the classic technology entrepreneur who conjures a way to do something better and then makes it happen. His most recent imaginings have centered on the ...