August 17, 2020
After becoming dean of the University of Illinois business school in 2015, Jeffrey Brown worried that politics or a virus would choke off a major source of revenue for his school: Chinese graduate students. So, in 2017, along with the …
August 11, 2020
Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port of Beirut were likely to total less than $250 million, reinsurance broker Guy Carpenter said on Monday. Overall insured losses …
July 27, 2020
As part of the proposed changes to its insurance operating model announced in April, AXA XL has appointed its new Americas leadership team, reporting to Joe Tocco, chief executive officer for the Americas. The appointments include: Donna Nadeau to chief …
July 27, 2020
AXA XL announced the new leadership team for its UK & Lloyd’s region. Effective immediately, the appointments are part of the proposed changes to the operating model of AXA XL’s Insurance business following a strategic review. They are in line …
July 23, 2020
Lloyd’s, the specialist insurance and reinsurance market, announced the creation and in principle approval of its newest “syndicate-in-a-box,” Syndicate 1796,* set up to insure the storage and transportation of a COVID-19 vaccine – once it is developed – to emerging …
July 10, 2020
Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the COVID-19 crisis. While new pandemic-proof policies might not be cheap, they offer businesses from …
July 8, 2020
AXA XL announced that Sean McGovern has been appointed as CEO UK & Lloyd’s market, subject to regulatory approval. McGovern had been performing the role on an interim basis for some months and has now been confirmed on a permanent …
June 19, 2020
Marsh, the world’s leading insurance broker and risk advisor, has launched Marsh deliveryPRO, a customizable insurance product designed to make it more efficient for U.S. businesses to meet the increased demand for same-day delivery of their products. Many grocers, delivery …
June 17, 2020
AXA XL announced two additions to its UK broker management team: Michael Clarke has been appointed Regional Broker Distribution leader while Robyn Warke has been named Broker Distribution leader. As Regional Broker Distribution leader, Clarke is responsible for leading AXA …
April 21, 2020
AXA XL announced a new leadership team and proposed changes to the operating model of its Insurance business following a strategic review. Key proposed changes to the operating model include the creation of a single global insurance Underwriting Function and …