Industry News
Executives On The Move at Sompo International and AXA XL
Sompo International Holdings Ltd. appointed some of its rising executives to a new team that will sell small business insurance products in the U.S. and Mexico. A former Zurich executive is joining ...
The Coming Talent War Over Millennials and Their Transformational Skills
By as early as 2025, as much as 75 percent of the global workforce could be millennials, and they will bring a whole new set of demands and expectations to the modern workplace. Importantly, they ...
The success of MGAs needs little introduction. For the past several years, the MGA story has been one of growth,...
InsurTech Product News: A Carrier Partnership and Workflow Management Pilot Project
The Hartford is working with Cape Analytics to apply artificial intelligence to its property insurance quote and renewal process. An InsurTech focused on streamlining workflows for independent ...
Liberty Mutual’s Sweeney Undaunted by Emerging Market Challenges
A Liberty Mutual executive said the insurer is following closely the emerging economic and trade turmoil in Europe, Asia and other emerging markets, but that the impact of those issues is relatively ...
Companies Can Attract Millennials by Helping Repay Their Student Debt
Like millions of her peers, Nicole Read graduated with thousands of dollars of debt. Unlike most of them, she's getting direct help from her employer to pay it back. The 26-year-old's job at event ...
Executives On The Move at Fairfax Financial Holdings, Travelers and Alliant Insurance Services
Fairfax Financial Holdings Ltd. appointed a new chief financial officer. The Travelers Companies, Inc. named two executives as Co-Chief Investment Officer. Alliant Insurance Services hired an outside ...
AIG CEO Duperreault ‘Encouraged’ by Hardening Market, Talks Operational Overhaul
AIG President and CEO Brian Duperreault said that the evolving, hardening market is sustainable and dovetailing nicely with the insurer's ongoing efforts to shed excessively risky business. "We are ...
New Aviva CEO Starts Turnaround Efforts; Asia Unit’s Options Still on Table
Aviva Plc confirmed it's examining options for its Asian business as new Chief Executive Officer Maurice Tulloch's turnaround of the U.K.'s only insurance conglomerate takes shape. The firm confirmed ...