Leadership & Strategy
Successor Spotlight: Gross Takes the Helm at SECURA
Sometime after John Bykowski decided he would step down from the CEO role at SECURA Insurance, with a retirement date set for mid-2014, David Gross, the senior vice president of underwriting ...
Written CEO Succession Plans Lacking Among P/C Insurers: Research
More than half of property/casualty insurers do not have written CEO succession plans in place, and for nearly three-quarters, there is no board committee to identify desired skills for the next top ...
AIG Drawn to Indonesia Shariah Insurance Growth
Indonesia's Islamic insurance industry is expanding three times as fast as Malaysia's, prompting American International Group Inc. and Sun Life Financial Inc. to seek a broader presence in the ...
RBC is Reviewing Its ‘Volatile’ Property/Casualty Insurance Business
Royal Bank of Canada is reviewing its domestic property and casualty insurance business, Chief Executive Officer David McKay said, citing difficulties caused by rules that ban banks from selling ...
Executives On The Move at Progressive, Hamilton, QBE and Arbella
We have a number of executive changes and board appointments to tell you about at Progressive, Hamilton Insurance Group, QBE North America and Arbella Insurance Group. Progressive said it has made a ...
Verisk Analytics Branches Out From P/C With $2.8B Wood Mackenzie Deal
Verisk Analytics Inc., a supplier of data to insurers and banks, agreed to buy Wood Mackenzie for about 1.85 billion pounds ($2.8 billion) in cash, gaining a business providing information to the ...
Poor Data Infrastructure Adds to P/C IT Project Costs: Novarica
Poor data infrastructure is adding to the cost of property/casualty insurer information technology projects, creating a financial burden as analytics becomes more crucial to business, Novarica ...
Willis Group Brings Custom Insurance Arm to North America, U.K.
Willis Group Holdings said it is taking its affinity or custom insurance business global, with expansion into markets including North America and the U.K. The global risk advisor, insurance and ...