Newfront Insurance has named Michael Brown chief operating officer. Brown joins Newfront from Uber, where he was responsible for Uber’s business across Southeast Asia and Australia. Prior to Uber Brown, was at Twitter, where he was responsible for user growth, …
A bookkeeper for a northern New Jersey company has admitted stealing $1.7 million from the firm by writing herself fraudulent company checks. Tammy Martinez pleaded guilty Tuesday to bank fraud. The 46-year-old South Amboy woman now faces up to 30 …
Authorities say a former Maryland attorney who pleaded guilty to insurance fraud has been sentenced to two years of probation. State Attorney General Brian Frosh’s office said in a news release Tuesday that Baltimore City Circuit Court Judge Melissa Phinn …
Saxe Doernberger & Vita P.C. (SDV) has hired Stacy Manobianca as an Of Counsel attorney in its Northeast office. Manobianca is experienced in all aspects of litigation, including depositions and motion practice as well as settlement negotiations, mediations and arbitrations, …
Beazley, the London-based specialist insurer, is making a strategic investment in Hong Kong-based coverholder, Pegasus Underwriting Ltd. The investment will see Beazley become a 30% shareholder in Pegasus. Beazley said it began working with Pegasus in January 2019 under an …
Risk Strategies, a Boston, Mass.-headquartered, privately held insurance brokerage and risk management firm, has appointed its National Health Care Practice leader, Bob Dubraski, as chief growth officer. In his expanded role, Dubraski will work with leaders across all of Risk …
Intense dialog between British and European Union financial regulators must start now or London risks being cut off from the bloc after Brexit, a top banking lobbyist said on Wednesday. Banks, insurers and asset managers in Britain currently have unfettered …
Global broking business Brokerslink announced the appointment of Osama Abu Ghazaleh as Middle East regional manager. The region now has a dedicated representative committed to promoting the growth and development of its independent brokers located there, said Zug, Switzerland-based Brokerslink, …
Constellation Insurance Holdings, founded by industry veteran Anurag Chandra, former CEO of Prosperity Life Insurance Group, has partnered with Canadian institutional investors, Caisse de dépôt et placement du Québec (CDPQ) and Ontario Teachers’ Pension Plan, raising US$500 million in initial …
Ping An Insurance wants to be valued more like a technology company. Its executives have yet to convince investors their planned $22 billion spend on everything from artificial intelligence to blockchain will work. While Ping An (Group) Co.’s Hong Kong-traded …
