Personal Lines
Executives On The Move at Ironshore, BHSI and Lloyd’s
Ironshore named a new global energy industry practice leaders. Berkshire Hathaway Specialty Insurance has a new head of claims tasked with handline a line expansion. Lloyd's hired a regional director ...
Eastern U.S. Blizzard Leaves Disruption and Death in Its Wake
New York, Washington and the U.S. Mid- Atlantic on Sunday shoveled away more than two feet of snow from a blizzard that brought the region to a standstill, grounded more than 13,000 flights, cut ...
Seven Ways to Embrace a Customer-Centric Culture
The success of any business depends upon customer satisfaction. The cost of acquisition is high. Retention is vital, particularly in today's volatile market, where competition is driving prices down, ...
Mid-Sized P/C Carriers Increasingly Embracing IT Outsourcing: Novarica
Large numbers of insurers are relying on at least some form of information technology outsourcing to enhance their daily operations, Novarica found in a new survey of industry CIOs. The reason: ...
Acknowledging Predecessor, New Travelers CEO Schnitzer Pledges Continued Innovation
The Travelers Companies reached a major milestone on Jan. 21 when the property/casualty insurance giant holding its first earnings call under new CEO Alan Schnitzer. Executives appeared to go out of ...
Travelers Profit Plunges 17 Percent, Slammed by Troubled Energy Investments
Travelers Cos., the only property-casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit fell 17 percent as investment income declined on low bond yields and valuations for ...
Cyber Security Firm FireEye Grabs Rival for $200M
FireEye Inc said on Wednesday it paid $200 million to buy privately held iSight Partners in a move to boost its cyber intelligence offerings for governments and businesses as the sector consolidates. ...
U.K. Insurer Aviva Targets North America with $402M Canadian Acquisition
Aviva Plc, the U.K.'s second-biggest insurer by market value, agreed to buy a home and auto insurer from Royal Bank of Canada for C$582 million ($402 million) to expand in North America. The purchase ...