Underwriting
Hurricane Dorian Insured Caribbean Losses Could Reach $3B: AIR Worldwide
Hurricane Dorian's impact on the Caribbean will cause $1.5 billion to $3 billion in insured losses, according to an estimate from Verisk-owned catastrophe modeling firm AIR Worldwide. Modeled loss ...
U.K. Wavers Between No-Deal Brexit and No Exit
Once the chaos of the Brexit crisis is stripped away, there are ultimately just three main choices for the United Kingdom: departing the European Union without a deal, striking an exit deal or ...
GL Will Be Next Line to Harden, Berkley Says
The commercial general liability line will be the next property/casualty line to harden, the chief executive of W.R. Berkley Corp. predicted at an industry conference Wednesday. Speaking at the ...
AIG Will Finalize Transition to Affirmative Cyber Coverage in January 2020
American International Group said it is finalizing a transition to affirmative cyber coverage across its global commercial lines. As of January 2020, AIG said that virtually all of its commercial ...
Executives On The Move at Metromile and Marsh
Metromile hired a veteran venture capitalist as its chief marketing officer. Marsh made a few senior leadership appointments within its Property and Financial and Professional Liability Practices.
Prudential Will Pay $2.35B for Online Insurance Startup Assurance IQ
U.S. insurer Prudential Financial Inc has agreed to acquire online insurance startup Assurance IQ Inc for $2.35 billion, as it looks to tap into a wider base of consumers who purchase policies ...
InsurTech Zeguro Launches Small Business Cyber Risk Management Platform
Zeguro said it has formally launched its platform designed to help small and midsize companies quickly deal with cyber threats in multiple ways. The San Francisco-based startup, which describes ...
Great American Brings on Former Arch Executive to Lead New A&H Division
Great American Insurance Group launched a new division focused on Accident & Health coverage, and a former Arch Insurance Group executive will lead it. The new division is Great American's 35th ...
Ex-Marsh Exec Ellis Signs on With AIG in Retail Property Leadership Role
A veteran Marsh executive is joining American International Group as head of Retail Property within its North America General Insurance division. Duncan Ellis is slated to take on his new AIG role in ...