American Financial Group News
American Financial Group to Acquire Crop Risk Services From AIG for $240M
American Financial Group Inc. and American International Group announced they have entered into a definitive agreement whereby AFG will purchase Crop Risk Services (CRS) ...
American Financial Group Acquires InsurTech Verikai in $120M Deal
American Financial Group (AFG) acquired Verikai Inc., a machine learning and artificial intelligence company that utilizes a predictive risk tool for assessing insurance risk, effective December ...
American Financal Group Will Cap Its Lloyd’s Departure by Selling Neon
American Financial Group has reached a deal to unload Lloyd's insurer Neon for an undisclosed price. RiverStone Holdings Lt. is the buyer in a transaction that will acquire from AFG GAI Holding ...
Executives On The Move at American Financial Group, Lockton and the NICB
American Financial Group promoted from within for its new chief financial officer. Lockton hired a new executive to fill its own CFO slot. The National Insurance Crime Bureau hired a former homeland ...
American Financial Group Decides to Exit Lloyd’s of London
American Financial Group Inc. disclosed it will exit the Lloyd's of London insurance marketplace in 2020, an entity it joined in 2008 through an acquisition. The Ohio-based insurance holding company ...
Reith Will Step Down as Neon Group CEO, but Remain as Board Member
Neon, a Lloyd's specialist insurer, said that its Group CEO Martin Reith is stepping down from running the company. Reith will make the transition on Sept. 30, though he'll remain a member of the ...
American Financial’s National Interstate Will Underwrite Atlas Financial’s Paratransit Book
American Financial Group said that its commercial transportation specialist, National Interstate, will become the exclusive underwriter of Atlas Financial Holdings' paratransit book of business. The ...
Large Commercial Carriers Still Generate Sizable Customer ‘Indifference’: J.D. Power Survey
Large commercial insurers are still generating indifference from a sizable chunk of their client base, even though overall customer satisfaction has improved slightly, according to a new J.D. Power ...