Strategy
Auto-Owners Insurance Agrees to Acquire Capital Insurance Group in California
Auto-Owners Insurance has entered into a definitive agreement to acquire Monterey, Calif.-based Capital Insurance Group. Terms of the deal were not disclosed. Auto-Owners Insurance Group, ...
Absorb Fear: Former GE CEO Immelt Explains How to Lead Through Volatility
When a former leader of GE spoke at a New York City forum late last year, recent media discussions about the decline of the industrial giant and his shortcomings at the helm were of little concern. ...
A.M. Best Revamps Senior Management and Restructures
A.M. Best announced that Roger Sellek will step down as CEO of its Europe, Middle East and Africa (EMEA) and Asia Pacific (AP) regions at the end of March. As part of its succession planning process, ...
Allianz Mulls 2019 Share Buyback Slowdown to Finance Acquisitions
Allianz may slow its share buyback program after the one announced this week to allow the German insurer to make small acquisitions, the group's finance chief said on Friday after reporting a 19 ...
Being a Digital-First Carrier: 3 Key Components of Digital Transformation
The proliferation of technology usage within insurance is ironic. The industry historically labeled as a tech laggard now has more InsurTech available than insurance companies often know what to do ...
AIG’s Duperreault Blames ‘Go Large’ Strategy for Insurer’s Past Failures, Pledges 2019 Underwriting Profit
AIG President and CEO Brian Duperreault faced analysts on Valentine's Day looking both ahead and back. He elaborated on continuing steps taken to restore the struggling insurer to health, and what ...
Uber Wants Dubai-Based Ridesharing Service That Insures Customers and Drivers
Dubai-based ride-hailing service Careem Networks FZ is looking for new ways to get ahead of main rival Uber Technologies Inc. in the Middle East. Careem launched an accident insurance program for ...
At Long Last, an Insurance Company Proud of Its Human Agents—and Telling the World
A recent social media debate on insurance innovation was sparked by a State Farm TV ad in which the insurance giant celebrates the superiority of its thousands of human insurance agents compared to ...