Strategy
AIG Considers Cutting Insurance for Russia, Ukraine
AIG, one of the world's biggest commercial insurers, is considering cutting cover for Russia and Ukraine to shield itself from the risk of hefty claims as sanctions ratchet up and the war drags on, ...
Beazley Restructuring Its Underwriting Team to Support Growth Ambitions
Beazley has restructured its underwriting team with the creation of four new divisions: Specialty Risks, Cyber Risks, MAP Risks and Property Risks. The divisions will be interconnected, able to ...
On the Cutting Edge: How Successful Carriers Can Drive Cyber Insurance Forward
Panelists at Insurance Journal's March webinar, Raising the Bar on Cybersecurity, said a paradigm shift is happening in cyber insurance as carriers embrace technology, and those that don't keep up ...
AIG Life and Retirement Biz Files for IPO; Rebranding as Corebridge
The holding company of U.S. insurer American International Group Inc's AIG life and retirement business, SAFG Retirement Services Inc, filed for an initial public offering in the United States on ...
The Remaking of Verisk as an Insurance-Focused Firm (Again) Is Underway
Last week, information services firm Verisk said it had taken steps that align with one investor's call for the firm to commit to being a standalone insurance-focused business. Yesterday, Verisk ...
Specialty Insurer Transformations: Forge Group Stock Offering; ProSight Rebrand
Two specialty lines insurance organizations announced different types of transformations in recent days. Amalgamated Casualty Insurance Company is becoming Forge Insurance Company, and ProSight ...
Stop the Deluge: Why P/C Leaders Should Rethink Project Management
After much deliberation and seemingly endless back-and-forth, strategic goals and objectives for the year are now set. Many company executives already have a good idea of the initiatives they want ...
How Downtime Insurance Became a Thing
A single hour of downtime from mission-critical, third-party IT service providers can cost small and medium-sized enterprises tens of thousands of dollars, but traditional insurance often does not ...