Leadership & Strategy
A.M. Best Revamps Senior Management and Restructures
A.M. Best announced that Roger Sellek will step down as CEO of its Europe, Middle East and Africa (EMEA) and Asia Pacific (AP) regions at the end of March. As part of its succession planning process, ...
Allianz Mulls 2019 Share Buyback Slowdown to Finance Acquisitions
Allianz may slow its share buyback program after the one announced this week to allow the German insurer to make small acquisitions, the group's finance chief said on Friday after reporting a 19 ...
Being a Digital-First Carrier: 3 Key Components of Digital Transformation
The proliferation of technology usage within insurance is ironic. The industry historically labeled as a tech laggard now has more InsurTech available than insurance companies often know what to do ...
AIG’s Duperreault Blames ‘Go Large’ Strategy for Insurer’s Past Failures, Pledges 2019 Underwriting Profit
AIG President and CEO Brian Duperreault faced analysts on Valentine's Day looking both ahead and back. He elaborated on continuing steps taken to restore the struggling insurer to health, and what ...
Uber Wants Dubai-Based Ridesharing Service That Insures Customers and Drivers
Dubai-based ride-hailing service Careem Networks FZ is looking for new ways to get ahead of main rival Uber Technologies Inc. in the Middle East. Careem launched an accident insurance program for ...
The Latest Launches From Travelers, Hanover and MS Amlin
The Travelers Companies now offers separate fine jewelry insurance cover through its Wedding Protector Plan. The Hanover Insurance Group Inc. will join RSA Group's Global Network as a U.S. strategic ...
At Long Last, an Insurance Company Proud of Its Human Agents—and Telling the World
A recent social media debate on insurance innovation was sparked by a State Farm TV ad in which the insurance giant celebrates the superiority of its thousands of human insurance agents compared to ...
EMC Insurance Invests in MākuSafe, a SaaS Startup That Can Help Spot Workplace Risks
"MākuSafe," a Software as a Service (SaaS), data and analytics startup, has raised a seed financing round of nearly $3 million. The company bills its technology as a way to help identify workplace ...