Strategy
Genworth Brings Back IPO Plans for Mortgage Insurance Unit; Goal of $3B Valuation
Genworth Financial Inc on Monday revived plans for an initial public offering (IPO) of Enact Holdings, aiming for a valuation of more than $3 billion for its mortgage insurance unit, according to a ...
Old-School Carriers Are Joining Digital Exchanges, Adding Twist to Marketplace Competition
Major U.S. insurers are joining new digital exchanges to sell not only their own policies but also those of rivals, a fresh twist in an industry known for fierce competition. The powerful new ...
CEO Confidence, Now at Pre-Pandemic Levels, Focuses on M&A and More: KPMG Survey
Global CEO confidence is back at pre-pandemic levels, and optimistic executives are looking at M&A, strategic alliances and sustainability measures to help transform their business, according to ...
Zurich Insurance Appoints Mantero as New Group Chief Strategy Officer
Zurich Insurance Group named a new Group Chief Strategy Officer, promoting from within. Paolo Mantero, currently Chief Financial Officer Commercial Insurance, will take on the job effective Jan. 1, ...
Root Views Independent Agents as Consistent With Digital Growth Plans
Root is the latest InsurTech to acknowledge that digital insurance won't necessarily take over the industry, because independent agents remain a vital part of the sales and distribution of policies. ...
Here’s What Travelers, Coalition and Others Pledged After the White House Cyber Meeting
Four insurance firms — Travelers, Coalition, Resilience Cyber Solutions and Vantage Group— were among the participants in the White House summit on cybersecurity along with giant technology firms ...
Munich Re’s Groves, John & Westrup Expands into Private Client Sector
Groves, John & Westrup Ltd. has been a coverholder for Munich Re's Lloyd's syndicate for decades, writing marine, pleasure boat and private yacht insurance. This year, the company branched out ...
How to Achieve Organizational Goals With Scenario Planning
Even if they are never laid out in a formal document, every company is going to have strategic goals. After all, no executive is going to say that they don't want their company to grow or otherwise ...