This is Insurance Careers Month. I really enjoy when this comes around every year. It’s a chance for me to remind some (and educate others) that the insurance industry is a great career to work in. It has been good …
Traffic fatalities on U.S. roads reached an estimated 40,000 in 2018, the third year in a row in which at least that many people died in vehicle crashes, according to new figures from the National Safety Council. The 2018 total …
Lodestar Marine, the London-based managing general underwriter, announced an agreement with Aspen Insurance to provide protection & indemnity insurance (P&I) to the owners and managers of small and specialized ships. London-based Lodestar provides $50 million of Aspen-backed P&I cover, with …
Prathap C. Reddy and his family, founders of India’s Apollo Hospitals Enterprise Ltd., plan to sell their holdings in an insurance venture with Munich Re AG to repay debt, people with knowledge of the matter said. The family is seeking …
UK’s Pool Re now is able to cover losses incurred if a business cannot trade or is prevented from accessing its premises in the wake of a terrorist attack. Before a change in the law, Pool Re, a public-private partnership …
Ascot and Beazley announced the launch of a Lloyd’s-based cargo consortium, which uses insurtech solutions to help manage risk and claims performance. Led by Ascot and Beazley, the consortium brings together a range of cargo carriers that will provide a …
The Global Insurance Accelerator (GIA), headquartered in Des Moines, Iowa, has appointed Nicole Cook as the group’s managing director effective May 1. She joined the GIA full time on Feb. 11. During the GIA’s 2019 cohort, Cook will work alongside …
Giant global insurer Chubb is on a mission to transform itself into a digital enterprise. The company is making substantial investments in digital technologies including cloud, mobile, APIs, security, chatbots, analytics and data. The effort includes using digital capabilities to …
Nationwide’s latest venture capital investment is in a core technology start-up that promises to help insurers create new insurance products and get them to market faster and integrate more easily with future technologies. The San Francisco start-up, Socotra, is a …
Arthur J. Gallagher & Co. has acquired Salem, Ore.-based Surety Solutions LLC and Agency Multiplied Inc. Terms of the deal were not disclosed. Surety Solutions is a surety focused agency that specializes in offering surety bonds for mortgage brokers, artisan …
