Strategy
HCC Specialty Forms Strategic Alliance With Weather Analytics
Specialty insurance underwriter HCC Specialty has formed a new strategic alliance with Maryland-based Weather Analytics, an innovative provider of precision climate and weather data and analytics. ...
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 ...
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 ...
P/C Industry Fills Drone Coverage Void Left By Regulators
Thousands of drones flown without government approval by real estate companies, movie studios and other businesses are getting coverage by insurers writing their own safety rules to fill a void left ...
XL Group’s McGavick: Brokers Rule in a Global P/C Insurance Market
With today's globally focused property/casualty insurance market, brokers wield the greatest influence, XL Group CEO Mike McGavick asserted at a recent industry forum in the U.K. "Brokers hold the ...