MAPFRE GLOBAL RISKS announced plans to “enter into new markets and grow in those where it has not consolidated its presence yet,” beginning with efforts to “increase its business operations in Europe.” Alfredo Castelo, MAPFRE GLOBAL RISKS’ Chairman, addressing the …
The UK’s RSA announced that it has renewed its contract to provide motor insurance to Motability Operations. “The new contract extends a long term relationship and provides a strong, sustainable partnership for RSA and Motability Operations,” said the bulletin. The …
In comments posted on the Willis website Andrew van den Born, Executive Director in Willis’ Political and Trade Credit Risks division, analyzed the potential fallout from the continued unrest in Turkey and the potential gaps in insurance coverage. “Turkey is …
Scrambling to plug revenue holes created by crackdowns on credit card fees and falling brokerage commissions, big U.S. banks are pushing a strategy they’ve tried with limited success in the past – cross-selling products. They are inducing their stockbrokers to …
Chevy Chase, Md.-based underwriting manager Victor O. Schinnerer & Company Inc. has tapped senior Marsh executive Jonathan M. Zaffino to be its president.The position of president was previously held on an interim basis by Jean Laurin, current president of ENCON …
Los Angeles, Calif.-based Farmers insurance named Patrizio Spagnoletto as the company’s head of digital strategy. Spagnoletto will be responsible for defining and executing on an enterprise-wide digital strategy and will oversee all consumer-facing web capabilities, including mobile. Spagnoletto has 18 …
Portland, Ore.-based RiskPoint Insurance Advisors LLC named Brian Olive director of private client services. Olive will be based in Seattle, Wash. Olive has more than 15 years of insurance experience, with a focus on risk management programs. Previously vice president …
Freedom Specialty Insurance Co. has launched the Freedom Lease Protection Plan policy, which is designed to indemnify multifamily property owners and managers (POMs) against collection losses from tenant defaults. POMs can use the coverage as a means to eliminate traditional …
The latest Michigan Future Business Index survey of small and midsize business leaders shows unequalled confidence in the state’s business economy and a rekindled desire to reinvest in their own future, according to Accident Fund Insurance Company of America. Business …
A Maine man who was told he had only months to live because of an aggressive Stage 4 pancreatic cancer is still alive more than four years later. And a jury has awarded him $200,000 for the doctor’s misdiagnosis. It …
