Resolution said it was close to buying AXA’s British life insurance arm, kick-starting its plan to consolidate the UK life market and freeing the French insurer up to focus on high-growth Asia. Resolution, set up in 2008 to buy and …
A fragile global economy, excess capacity in virtually every line of commercial insurance and last year’s below-average catastrophic losses combined to keep commercial insurance prices flat during the first quarter of 2010. This marks the fifth consecutive quarter of little …
San Francisco-based Woodruff-Sawyer & Co. has formed a new Private Client Personal Insurance Division to address the individual needs of executives and corporate officers. Diane Borden has been hired as private client executive to establish the personal insurance operation, focusing …
Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Top Overall Independent Agencies, Top Commercial Lines Independent Agencies, Top Personal Lines Independent Agencies, and …
A bid for Lloyd’s of London insurer Brit is unlikely to trigger acquisitions in the battered sector because targets feel they can hold out against lowball private equity bids and trade buyers remain strapped for cash. Shares across the Lloyd’s …
A group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve the Hispanic community in the Northeast. Elmer Rivera, New York branch manager for Jimcor Agencies and founder …
Laguna Niguel, Calif.-based Signature Insurance Group has added Eric M. Gerwig to its management team as the financial services manager. Gerwig, started his career in 1998 in the home office of Banner Life Insurance Co. He trained agencies on how …
Zurich has appointed insurance broker Marsh U.S. Consumer, as the new administrator for its Programs & Direct Markets’ lawyers’ professional liability program. Marsh will be the administrator for attorneys in Conn., Maine, Mass., N.H., N.Y., Pa., R.I., and Vt. Attorneys …
The Willis Commercial Network (WCN), a successful alliance between independent UK insurance brokers, leading insurers and global insurance broker Willis Group Holdings, announced that two of its largest members, Berkeley Insurance Group UK Ltd and Beaumonts Insurance Brokers Ltd, have …
Vertafore, a leading provider of software to the insurance industry, is being acquired by investment funds managed by TPG Capital. TPG will purchase the company from Hellman & Friedman and its co-investor JMI Equity for a total consideration of $1.4 …
