Monthly Archives: <span>March 2018</span>

Professional Insurance Agents of Connecticut Re-Elects Distel as President

Kenneth A. Distel of Avon, Conn., was re-elected president of the Professional Insurance Agents of Connecticut Inc. (PIACT), at the association’s Annual Convention held March 8-9 at the Foxwoods Resort Casino in Mashantucket, Conn. Distel is area vice president of …

Rhode Island’s Starkweather & Shepley Insurance Brokerage Hires Berry

Starkweather & Shepley Insurance Brokerage Inc., an East Providence, R.I.-headquartered independent insurance agency, has hired Joanmarie Berry as a financial insurance specialist. She is based in Milton, Mass. In her new role, Berry’s key responsibilities include assisting and offering a …

Why Driverless Delivery of Goods Is Likely to Arrive Before Passengers

In the wait for self-driving technology, cell-phone toting tech bros may have to cede their spot in line to pizzas, Craigslist couches and the mounting ephemera of e-commerce. The future—at least in the near-term—will not only be driverless, but sans …

Alliant Hires Former New Jersey State Senator Beck

Alliant has added former New Jersey State Senator Jennifer Beck to its regional brokerage team. As vice president, Beck will provide insurance and risk management services to organizations across the Garden State. Beck joins the firm’s Fair Haven, N.J.-based Alliant/Boynton …

AFL Insurance Brokers Launches Marine Division, Hires Mott from Ed to Lead Unit

Independent Lloyd’s broker AFL Insurance Brokers Ltd. announced the launch of a commercial marine division, and the appointment of Alex Mott as director of Marine. A senior marine insurance professional with 16 years of international experience, Mott previously managed the …

Michigan-Based Broker Acrisure Completes Acquisition of UK-Based Beach

London-based broker Beach & Associates announced the completion of its acquisition by Acrisure LLC, the Michigan-based retail consulting and insurance broker. Having obtained all necessary regulatory approvals, Acrisure has acquired 100 percent of the company’s equity from existing shareholders. These …

Barbican Names McGurk from Standard’s Syndicate 1884 as D&O Class Underwriter

Barbican Insurance Group announced the appointment of Sarah McGurk as class underwriter for directors’ & officers’ liability insurance. Working as part of the financial lines division, she will report to Hans Sherman, underwriting manager D&O. McGurk has extensive experience in …

Global Fisheries’ Output to Drop by 20% by 2300 if Global Warming Isn’t Slowed: Study

Global fisheries output will slump by 20 percent by 2300 and by 60 percent in the worst-hit North Atlantic region if governments fail to slow long-term global warming, a U.S. team of scientists said on Thursday. Most studies of climate …

UK Insurtech Flock Launches Pay-As-You-Fly Drone Insurance

Flock, a London based startup, has launched Europe’s first “pay-as-you-fly” drone insurance solution. The “Flock Cover” smartphone app provides on-demand insurance for commercial drone pilots in the UK, with policies starting from just £5 ($7) for up to eight hours …

China to Merge Banking, Insurance Regulators in Big Government Shake-Up

China is merging its banking and insurance regulators, giving new powers to policymaking bodies such as the central bank and creating new ministries in the biggest government shake-up in years. The revamp is a cornerstone of President Xi Jinping’s agenda …