National Insurance Partners Inc. (NIP), a Texas-based risk management and financial solutions firm, has appointed William E. Harrison, Jr. as president. Harrison brings 16 years of experience in the insurance industry to his position. He served as president of Coleman …
Lloyd’s Chairman, Lord Peter Levene, has been awarded the “Personality of the Year” Award by the Brazilian Embassy and the Brazilian Chamber of Commerce in the UK. Lloyd’s noted that the “award recognizes the contribution to strengthening economic-trade links between …
In response to changes in insurance regulations and more stringent corporate governance requirements worldwide, the Chubb Group of Insurance Companies has introduced a Difference in Limits/Difference in Conditions (DIL/DIC) Multinational Directors and Officers Liability form. Available to U.S. corporations that …
International business expansions deliver new exposures, new concerns Globalization of directors and officers (D&O) liability products has opened up a whole new world of “what ifs” and “spiraling concerns” for the insurance industry. For starters, insurers, brokers and their clients …
Globalization of directors and officers (D&O) liability products has opened up a whole new world of “what ifs” and “spiraling concerns” for the insurance industry. For starters, insurers, brokers and their clients are asking what is involved in the need …
Changes in attitudes, lawsuits, statutes worldwide force global companies to buy locally-admitted D&O A company that acquires a new property in a foreign country will usually review its property and casualty insurance to be sure it is in compliance with …
Even though they may not be compelled by law to buy locally admitted D&O insurance, many companies may find that the global solution they’ve purchased for years is no longer satisfactory. A company that acquires a new property in a …
QBE the Americas, the North American subsidiary of Australia’s QBE Group, announced that it has acquired 100 percent of Cumbre Seguros, a specialized insurer in Mexico from a group of private investors. The transaction, which is subject to regulatory approval, …
The Dublin-based study group Research and Markets announced the addition of “Insurance: Global Industry Guide” to their offering. The bulletin described the new study as “an essential resource for top-level data and analysis covering the Insurance industry. It includes detailed …
Today “it’s tough to be a director and officer, and that means it’s tough to be a D&O underwriter,” according to Doug Poetzsch, senior vice president, head of specialty claims for Ace USA based in New York. Poetzsch says today’s …
