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

AIG Exiting Home, Personal Accident, Group Life In Brazil; Porto Seguro to Get Auto Policies

American International Group Inc.’s business in Brazil agreed to transfer about 25,000 auto policies to a unit of Porto Seguro SA as the U.S. company scales back its international businesses. The deal is subject to regulatory approval, Sao Paulo-based Porto …

Edgewater Holdings, Brit Global to Offer Cyber Security Coverage

Edgewater Holdings has collaborated with specialty insurer and reinsurer Brit Global Specialty to offer cyber security protection through the Employment Practices Risk Management Association (EPRMA). Policies purchased through Edgewater’s network come with membership to EPRMA and include value-added features such …

Maritime Program Group Merges with Axiom Insurance Management of Atlanta

Maritime Program Group (MPG), Inc. of Westbrook, Conn., has merged with Atlanta-based Axiom Insurance Management, Ltd. MPG’s President, Christopher Pesce, said the merger with Axiom positions the company to trade on Axiom’s expertise in heavier commercial marine operations as well …

Paul Hanson, Move-Pak Offer Risk Services to Moving Industry

Paul Hanson Partners, an insurance program administrator for the moving and storage and transportation industry, has partnered with Move-Pak Consulting to offer new risk management services to moving and storage companies. The new partnership will provide discounted access to consulting …

CNA Appoints Korte to Commercial Customer Segments Senior VP

CNA announced the appointment of Dieter Korte to senior vice president, Customer Segments. In this role, Dieter will be responsible for the profitability, growth and strategic direction of CNA’s Commercial customer segments, including Construction, Manufacturing, Technology, Financial Institutions, Professional Services, …

Hamilton, AIG, Two Sigma Small Business Platform to Launch Q4

American International Group Inc., Hamilton Insurance Group Ltd. and affiliates of Two Sigma Investments plan to launch Attune, a technology-enabled platform to serve the $80 billion U.S. small to medium-sized enterprise (SME) commercial insurance market. The launch is scheduled for …

IICF Names Breese Director of Marketing and Communications

The Insurance Industry Charitable Foundation has named Alisa Breese director of marketing and communications. Breese has more than 15 years of experience developing marketing and communications plans and strategies within the insurance industry, both domestic and international. She previously worked …

Berkshire’s Applied Underwriters Defends Workers’ Comp Products, Says Brokers Should Not Be at Risk

Legal and regulatory squabbles in New York, California and other states involving Berkshire Hathaway and its Applied Underwriter affiliates over particular workers’ compensation products should not have any negative effects on brokers who dealt with the products, according to a …

CEO of Hawaii’s Largest Comp Provider Says to Embrace Predictive Analytics

Getting employee buy-in may be the biggest key in getting a company to successfully adopt predictive analytics and other cutting-edge technologies, said Martin Welch, CEO of Hawaii Employers Mutual Insurance Co. Welch has spent 35 years in the property/casualty industry, …

Alliant Acquires the Hecht Group in Oregon

Alliant Insurance Services Inc. has acquired the Hecht Group in Portland, Ore. Terms of the deal were not disclosed. The Hecht Group will join Alliant employee benefits, the company’s national benefits consulting practice. Hecht-Glad, along with the Hecht Group’s management …