Monthly Archives: <span>October 2016</span>

Former FBI Cyber Leader Trainor Joins Aon Risk Solutions

Aon Risk Solutions announced the appointment of James C. Trainor as senior vice president in its Cyber Solutions Group. Trainor joins Aon after a career at the Federal Bureau of Investigation, where he most recently led the Cyber Division at …

Chinese Insurance Spree Continues as China Oceanwide Bids $2.7 Billion for Genworth

China Oceanwide Holdings Group Co. has agreed to purchase Genworth Financial Inc. in a $2.7 billion cash deal, joining a record buying spree by Chinese companies as they seek to boost growth overseas. Monday’s deal by Chinese billionaire Lu Zhiqiang’s …

IIABNY Elects Zogby as National Director

Independent Insurance Agents & Brokers of New York (IIABNY), a Dewitt, New York based organization representing independent insurance agents and brokers, has elected Stephen Zogby as national director. In this role, Zogby will represent the IIABNY on its national board …

Airbnb’s New York Fight Moves From Legislature to Courtroom

Airbnb Inc. is fighting to stay alive in the biggest rental market in the U.S. Hours after New York Governor Andrew Cuomo signed a bill into law that will fine residents who rent out their apartments for illegal short-term stays, …

Verisk Analytics Buys Canadian Real-Time Analytics Firm Analyze Re

Data firm Verisk Analytics Inc. said it has acquired Halifax, Novia Scotia-based Analyze Re, a software analytics provider for the reinsurance and insurance industries founded in 2013. Terms of the deal were not disclosed. Analyze Re will become part of …

Former Chubb Executive Robusto to Succeed Motamed at CNA Next Month

Former long-time Chubb executive Dino E. Robusto will assume the roles of chairman and chief executive officer on November 21, 2016 at CNA, succeeding Thomas F. Motamed, who is retiring after eight years at the helm of CNA. Last November …

P/C Tech Firm, Xceedance, Opens London Office; Davies Heads EMEA Region

Xceedance, a global provider of property/casualty insurance technology, analytics and consulting services, has established an office in London to serve the European, Middle East and Africa (EMEA) market, the company announced. Xceedance is a managed services company that partners with …

Willis Re and SpatialKey Partner to Launch European Windstorm App

Willis Re, the reinsurance division of Willis Towers Watson, has collaborated with SpatialKey Inc. to launch a new European Windstorm app. “This powerful new event response application integrates data from multiple data sources, including EuroTempest, insurance industry experts in forecasting …

Brazil Charges 21 with Homicide for Failing to Avert Samarco Mine Disaster

Brazilian prosecutors charged 21 people with qualified homicide on Thursday for their roles in the collapse of a tailings dam at the Samarco Mineração SA iron ore mine last November that killed 19 people. The charges follow what is now …

Neon Bermuda Taps Chubb’s Hunt to Become SVP, Property Insurance

Neon announced it has appointed Dwayne Hunt to the role of senior vice president – Property Insurance, in Neon’s Bermuda office. Neon said it opened a Bermuda office earlier this year to provide greater access to both the local and …