Strategy
The Benefits of Followership
Leaders get all the credit. Nearly 100,000 soldiers and sailors followed Alexander the Great during his Asian Campaign. Yet his is the only name we remember. Countless individuals worked day and ...
Berkshire Hathaway’s $9B Oncor Purchase Agreement Represents Big Bet on Power
Warren Buffett's Berkshire Hathaway Inc said on Friday it agreed to pay $9 billion to buy the parent of Texas power transmission company Oncor Electric Delivery Co, stepping up its pursuit of steady ...
W.R. Berkley Corp. Sells D. C. Real Estate for $120 Million
W.R. Berkley Corp. has sold a piece of real estate in Washington, D.C. for a sizable price. The Connecticut-based insurer and reinsurer said it will report a realized pre-tax gain of about $120 ...
Prepare for Future Cyber Threats Today
While the form of cyber attack a business or organization is likely to suffer depends mostly on the work of that enterprise, the evidence is pretty clear that the most menacing attacks—ransomware ...
New AIG Global COO Zaffino Gets Initial Pay Package Worth Over $8.5M
American International Group's new Global Chief Operating Officer Peter Zaffino starts his tenure at the struggling insurer with an initial pay package worth more than $8.5 million, according to a ...
Entertainment Insurance Challenges Laid Bare by Fyre Festival Collapse
Already facing numerous lawsuits, Fyre Festival organizer Billy McFarland was arrested on federal charges last week. The government alleged he defrauded investors who bought into Fyre Media Inc., the ...
Trōv Founder Walchek: 7 Tips for Startups Partnering With Incumbent Insurers
Trōv is a tech startup that's introducing the world to a new way to insure their things: on-demand for any duration, entirely from a smartphone. We've had to reinvent the insurance ...
The Hanover’s Chaucer Acquires Lloyd’s MGA Focused on Sports, Leisure, Entertainment
The Hanover Insurance Group snatched up a Lloyd's managing general underwriting agency based in Australia, in a deal that will boost its competitive status there and also expand its overall specialty ...