Strategy
Texas Owner of Steak Restaurants Acquires Truck Insurer First Guard
Biglari Holdings Inc. and First Guard Insurance Company announced Thursday that Biglari Holdings has acquired First Guard Insurance Company and its affiliate, 1st Guard Corporation. First Guard ...
Allianz in 440 Million Euros Deal for Italian Insurer P/C Book
Allianz SE, Europe's biggest insurer, agreed to buy Milano Assicurazioni SpA assets from Unipol Gruppo Finanziario SpA for 440 million euros ($612 million), the Munich-based company said. The deal ...
Markel’s Michael Crowley: Former Broker COO Deepening Carrier Sales Culture
Michael Crowley had been in the chief operating role of property/casualty insurance organizations for nearly two decades when he signed on to be an executive for Markel Corp. in 2009. But for all of ...
From the Front Lines to the C-Suite: Farmers’ David Travers
When he was taking policyholder phone calls as a customer representative for a direct writing carrier 26 years ago, David Travers did not have designs on a position in the C-suite of an agency ...
Endurance Specialty’s Catherine Kalaydjian: Thriving With Change
Just six months after John Charman took the reins of Endurance Specialty Holdings in May 2013, he announced to the investor community that the management team had been completely restructured. In ...
RLI’s Michael Stone: Managing People Is the Key to COO Role
"If you can keep your head when all about you are losing theirs…" With apologies to Rudyard Kipling, you might finish that sentence with the phrase "you can be the chief operating officer of a ...
RLI Takes LEAD on Succession Planning With Formal Talent Program
Michael Stone, the chief operating officer of specialty insurer RLI Corp., is perfectly clear about the role of leaders in the property/casualty industry. "At the end of the day, it's all about ...
Apollo, CVC Planning IPO of Insurer Brit Group
Brit Insurance Holdings B.V., a Lloyd's of London insurer owned by Apollo Global Management LLC and CVC Capital Partners Ltd., is planning an initial public offering in London next month. A minimum ...