Leadership & Strategy
Activist Fund Pursues Removal of SCOR CEO as Chairman Over Thwarted Takeover Attempt
French activist fund CIAM will ask reinsurance company SCOR's CEO Denis Kessler to surrender the chairmanship of the company's board after he thwarted a takeover attempt earlier this year. CIAM, ...
Berkshire Hathaway Direct: ‘Challenging the Normal’ With Three Pages
For most property/casualty actuaries, routine parts of the job involve finding comfort with insurance pricing levels and claims trends, grounded in a thorough understanding of the parameters of ...
Future of Claims: Customers Still Want Humans In Process—But Not Too Many
While insurance carriers are warming to the idea of automating the claims process—and even possibly touchless claims handling—auto insurance policyholders are still wary of do-it-yourself ...
Pasquesi to Become Arch’s Next Chairman as Succession Process Culminates
John Pasquesi will replace Constantine "Dinos" Iordanou as Arch Capital Group Ltd.'s chairman of its board of directors in September, once Iordanou completes his term. Iordanou joined Arch in 2002 to ...
The Latest Launches From W.R. Berkley, AmWINS/Alliant and USAA/Roost
A W.R. Berkley unit expanded its product offerings to include a primary private company management liability policy. AmWINS Group Inc. and Alliant Insurance Services are partnering to service the ...
BriteCo Brings Rapid Fine Jewelry Coverage to the Insurance Marketplace
On March 20, BriteCo disclosed it has raised a $2 million seed financing round. This cash infusion will help the Illinois-based startup ramp up its business plan: partnering with jewelers to help ...
Big Benefits and Quick Wins: Sharing the Value of Claims Analytics
Big data and analytics are combining to profoundly alter one of the most manual processes in the insurance industry: claims management. Simple algorithms can ferret out evidence of claims leakage, ...
Capital Shield, Berkley Debut Cover for Individuals Dealing With Embezzled Investment Funds
Insurance is hitting the market that will protect individual investors if an asset manager or investment adviser embezzles their investment funds. Capital Shield Inc. and Capital Shield Insurance ...