brokers News
Clients Increasingly Savvy About Cyber Insurance Coverage
Cyber remains an evolving risk and insurers are still figuring out how to master it as demand morphs and soars. With that in mind, there is some good news: clients are increasingly better informed ...
Digital Innovation, Personal Service Can Help Agents and Brokers Keep Wealthy Clients
The global high-net-worth individual (HNWI) population has increased by 5 percent so far in 2016 to 16.6 million, with total global HNWI wealth increasing by 4 percent to $58.7 trillion, according to ...
New Gen Re CEO Raiguel Strikes Broker Deal With TransRe
Gen Re, the unit of Warren Buffett's Berkshire Hathaway Inc. that appointed a new chief executive officer in May, struck a deal with a rival reinsurer to help revive sales. Alleghany Corp.'s TransRe ...
Brexit Fallout: QBE to Review UK-Based Operations; Marsh Maps Exit Options
QBE Insurance Group announced this week that it will be reviewing its U.K.-based operations in light of last week's vote in the U.K. to leave the European Union. "The referendum outcome may require a ...
QBE Inks Analytics Outsourcing and Insurance Agent Specialty Coverage Deals
QBE Insurance forged two separate deals that will allow it to outsource analytics work as well as launch specialty coverage for insurance agents and brokers. As far as the analytics arrangement, ...
Hamilton CEO Duperreault: Tech Improvements Boost Carriers and Brokers
Technology can transform and improve how the property/casualty insurance industry works on both the carrier and broker sides of the equation, asserts Hamilton Insurance Group CEO Brian Duperreault. ...
Towers Watson CEO Haley Sold Stock During Willis Merger Talks: WSJ
Towers Watson & Co Chief Executive John Haley sold shares in the human resources consultancy for a profit of about $9.7 million while the company was discussing a merger with Willis Group ...
A Different Take on Insurance Price Optimization
Bill Gausewitz, Esq., recently published an intriguing article in Carrier Management that supports insurers using "price optimization" approaches to make profits. He pits "…business goals of growth ...