Leadership & Strategy
Pie Insurance Plans Scale-Up, Expansion With $11M in New Financing
Pie Insurance disclosed that it has raised $11 million in new financing, with plans to use the money to scale up its workers compensation MGA operations and propel an ongoing market expansion. ...
AIG Chooses Aspen Re’s Lillelund to Run Post-Brexit EU Subsidiary
The Aspen Re chief executive officer will lead American International Group's new European subsidiary in Luxembourg. Thomas Lillelund has been hired on as CEO of the division known formally as AIG ...
The Latest Launches From OneBeacon and Embroker
A division of OneBeacon Insurance Group debuted new policy forms designed to deliver more comprehensive coverage to a broad range of organizations. Embroker launched a fully digital directors and ...
Tokio Marine, a Metromile Investor, Licenses Its AI Claims Platform Tech
Tokio Marine Holdings, the Japanese insurance giant, is the first carrier to license Metromile's artificial intelligence-driven automated claims processing platform. The deal, announced Aug. 7, comes ...
Starr Agrees to Snatch Up Aspen’s Aviation Business
Starr Insurance Companies said it will acquire Aspen Insurance's aviation business. Neither side is disclosing the price for the renewal rights, though the aviation book value is worth more than $50 ...
CEO Viewpoint: Bold and Innovative Industry Action Required to Drive Progress on Diversity and Inclusion
Exponential increase in technological advances. Escalating impact of climate change. Extreme political polarization. Three phrases that describe the world we're living in and the emerging, evolving ...
Underwriting Pain, Exits Begin; Insurers Rethinking Lloyd’s
News that Lloyd's is undergoing a strategic review of its operations may be part of a larger industrywide phenomenon—reality is setting in and underwriting pain is increasing, an industry executive ...
Munich Re Will Halt Investment in Coal-Related Businesses
Munich Re, the world's biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30 percent of their sales with coal-related business, its chief executive said, ...