Monthly Archives: <span>February 2019</span>

UK’s Integro Offers Piracy Protection Cover for Entertainment Industry

Integro Insurance Brokers, the UK insurance broker and risk management firm, announced it is offering Piracy Protection Insurance for the entertainment industry. The firm’s Piracy Protection Insurance is designed to return lost revenue to film and TV rights holders and …

Artificial Intelligence Startups Win Zurich’s 1st Global Insurtech Competition

Zurich Insurance Group announced that the gold and silver winners for its first global insurtech competition were startups that have developed artificial intelligence-based solutions. Toronto-based Chisel AI was the gold winner for its work in improving the processing of unstructured …

Zurich Insurance Reports 24% Jump in 2018 Net Income Driven by Life, P/C Units

Zurich Insurance’s reported 2018 net income after tax of $3.72 billion, a 24 percent jump from $3.0 billion it reported in 2017 – primarily driven by growth in its life business and improved underwriting in its property and casualty business. …

Danske Bank Investigated by French Authorities for Suspected Money Laundering

Danske Bank A/S says it’s been placed under formal investigation in France over suspected money laundering at its Estonian branch. The Copenhagen-based bank said the investigation covers transactions from 2007 to 2014 amounting to around 21.6 million euros ($24.5 million). …

Fehrenbacher Returns to ONI Risk Partners in Management Role

Indianapolis-based independent insurance broker, ONI Risk Partners (ONI) has welcomed back Andrea Fehrenbacher in a new role as managing director of placement and risk transfer. In this key role, Fehrenbacher leads the ONI placement and risk transfer team across its …

Alliant Adds Cox to Employee Benefits Group in Austin

John Cox has joined the Employee Benefits Group of Alliant Insurance Services as vice president, based in Austin, Texas. Cox has more than 25 years of experience in the employee benefits field. Prior to joining Alliant, Cox was president of …

Feds Subpoena More Documents About Donor from North Carolina Insurance Dept.

Federal prosecutors have sought more documents from the North Carolina Department of Insurance about an industry magnate who’s also donated lots of money recently to North Carolina political causes. A department spokeswoman confirmed Tuesday it received the Jan. 23 federal …

5 Former West Virginia Volunteer Firefighters Charged with Arson

Five former volunteer fighters in West Virginia have been charged with arson following a two-year investigation by the state fire marshal’s office. The office says in a news release that the former Cabell County firefighters were charged Tuesday. The statement …

Hub Acquires Business from Fortenberry McNamara of Mississippi

Hub International Limited has acquired a book of business from Fortenberry McNamara, LLC of Jackson, Miss. Terms of the transaction were not disclosed. Fortenberry McNamara, an affiliate of Executive Planning Group, P.A., is an employee benefits consulting firm providing insurance …

Champion in California Names Myers Commercial Insurance Broker

San Diego, Calif.-based Champion Risk & Insurance Services has named Casey Myers a commercial insurance broker. Myers was previously a vice president with Paul Hanson Partners Transportation Insurance. Champion Risk is a regional insurance brokerage.