Strategy
McElroy Chosen to Lead AIG’s Lexington Insurance Co., Replacing Stratts
American International Group said it plans to hire a veteran Arch Capital Group executive to lead its Lexington Insurance Company unit. David McElroy will become Lexington Insurance Co.'s new chief ...
German InsurTech Wefox, Survivor of Tussle With Lemonade, Nears Massive Financing
Wefox, one of Europe's fastest-growing insurance technology firms, is close to settling on a new "triple-digit million" euro funding round, with Softbank's Vision Fund among the suitors, three ...
Global Insurance M&A Rises in H1; Bermuda Generates Much of the Activity
Global Insurance M&A transactions climbed in the 2018 first half, with 186 deals completed worldwide, according to a new Clyde & Co. report. That number is up from 180 in the 2017 second ...
AIG Will Expand the Mission of Its Newly-Created Reinsurer DSA Re
American International Group's newly-created reinsurer designed initially to back old policies it has will expand its focus to the broader industry. The insurance giant said that it, along with The ...
An Effective Leader Is Often an Interesting Public Speaker
An arguably key part to being a leader of a company is public speaking, and it's not just talking in front of a crowd. Leadership expert Chris Brady argues that the bigger challenge for leaders is to ...
Chubb Advances Post-Brexit Plans for France EU HQ
Chubb European Group announced it has achieved an important regulatory step in its Brexit preparations to redomicile its businesses to France. This provides Chubb's customers "with continuous, ...
MGA Sciemus Is Rebranded and Appoints a New CEO
Sciemus, a specialty managing general agency (MGA), is undertaking a series of changes starting with a new name, Occam Underwriting. "Taking its name from 'Occam's razor,' the problem-solving ...
XL Catlin Will Sell On-Demand Cyber Cover Using Slice Labs’ Cloud-Based Platform
XL Catlin will use Slice Labs' cloud-based, pay-per-use platform for a new cyber insurance product. The insurer and reinsurer plans to offer the new coverage for U.S. small and medium-sized business ...