Agents & Brokers News

Introducing… The Florida Sinkhole Insurance Fund?

Will Floridians, who already support a state-backed property insurer and a catastrophe fund, support another public insurance entity for sinkhole coverage? Such a fund might be the “best way to go,” according to John Auer, president of domestic insurer American …

Navigators to Offer Online Pollution Liability Coverage for Small Contractors

Navigators Management Co., Inc., has introduced an online platform offering pollution liability insurance for small general service and trade contractors. Agents and brokers can obtain real-time bindable quotes for contractors with up to $5 million in annual revenues at premiums …

AIG Raises $17.9 Billion; Prices AIA IPO at Top of Range

AIA, the Asian life insurance arm of AIG, raised $17.9 billion by pricing its Hong Kong IPO at the top of its range, as investors piled into a company with a wide footprint across rapidly growing Asia. The pricing of …

Catlin Re Switzerland Expands Underwriting Staff

Catlin Re Switzerland, the European reinsurance company currently being formed by Catlin Group Limited, headquartered in Zurich, has announced two additions to its underwriting staff. Christophe Chandler, currently a Class Underwriter specializing in property reinsurance for Catlin Bermuda, has been …

Crump Expands Professional Lines Team

Crump expanded its team on both the east and west coasts with new additions. Crump promoted John Lanni to vice president, broker, and team lead and hired Juan Borda as assistant vice president, broker, to expand the firm’s east coast …

Willis Re Merges UK, Europe Teams; Forms Willis Re Europe

Willis Re, the reinsurance advisor and part of Willis Group Holdings, announced that it has merged its teams handling Continental European and UK-based property and casualty business into an expanded European unit and is establishing a new Specialty Casualty Practice …

Aon Reports UK Law Firms Seek Early Renewal for Prof. Indemnity

Aon has reported that UK law firms have recognized the need to start the renewal process for their professional indemnity (PI) insurance early. Aon said it has “received nearly four times the number of proposals at the beginning of August …

Specialty Products Manufacturing: Multiple Opportunities for Injury

In 2007 there were over 10 million consumer-product related injuries treated in hospital emergency departments, according to the National Safety Council. While the statistics reveal injuries from seemingly innocuous objects — 532,061 injuries associated with beds, for example — the …

Aon Risk Solutions Names Willett as National Practice Leader

Aon Risk Solutions, the global risk management arm of Aon Corp., appointed John Willett as the national industry practice leader. Most recently, Willett served as managing director for Aon’s New England office. In his new position, Willett will oversee several …

3 Ways to Improve Your Business with the Virtual Insurance Marketplace

What is the Virtual Insurance Marketplace? What if you could get all the benefits of attending an insurance trade show without any expense or leaving your office? • Find New Markets • Connect with Existing Markets • Learn from the …