Allianz Insurance, the UK subsidiary of Allianz SE Group, has refreshed its directors and officers proposition to offer broader coverage for businesses. The new and enhanced cover includes: Kidnap and ransom An employment practice helpline Protection for IT security / …
The earnings of U.K. insurers likely will be hit by reserve strengthening following the U.K. government’s announcement of a dramatic cut to the discount rate used to calculate lump-sum personal injury compensation, according to A.M. Best. Motor insurers and reinsurers …
Last week, we launched our first State of Learning in Insurance survey and we are already learning about you and your learning needs. The survey isn’t over yet; we still need your input, but I thought I would give you …
As the insurance industry has closely followed developments regarding The New York State Department of Financial Services’ (DFS) cybersecurity regulation, concerns remain in terms of how the final regulation, set to go into effect March 1, may impact mid-sized companies …
Metro-North Railroad and Zipcar have launched a car share initiative in the Hudson Valley. Under the Ride2Drive program, a total of 14 Zipcars, including sport utility vehicles, will be parked at dedicated spaces at nine Metro-North station lots. Each Zipcar …
York Risk Services Group (York), a Parsippany, N.J.-based national provider of claims management, managed care, specialized loss adjusting, alternative risk programs, pool administration and other insurance services, has hired Jason Galiano as vice president of sales for York’s Public Entity …
Willis Towers Watson has concluded its negotiations with OAAGC, the French aviation brokerage, and has now completed the acquisition of its team and book of business. Willis Towers Watson said the deal makes it the leading aviation broker in France. …
The Hilb Group LLC (THG), an insurance agency headquartered in Richmond, Va., has acquired the group benefits division of Massachusetts-based Sapers & Wallack Inc. (S&W). The transaction became effective February 1, 2017. As part of the transaction, the group benefits …
BGC Partners Inc., a London and New York-based broker serving the financial and real estate markets, announced it has completed the acquisition of Besso Insurance Group Ltd., an independent Lloyd’s of London insurance broker specializing in property, casualty, marine, aviation, …
Canada-based Echelon Financial Holdings Inc. announced it has received regulatory approval from the Danish Financial Services Authority for the sale of its European operations. This completes the necessary regulatory approvals for the sale, Echelon said, noting that the sale is …
