distribution News

Kansas Department of Insurance Distributes Over $18M to Firefighters

Kansas Insurance Commissioner Vicki Schmidt announced, that the Kansas Department of Insurance has made its annual distribution to local Firefighter Relief Associations (FRAs). Pursuant to the Kansas Firefighters Relief Act, $18,912,365.52 has been distributed among 553 local FRAs throughout the …

Beazley Forms Digital Business Unit to Transform Tech Strategy, Led by Fantozzi

Specialist insurer Beazley has unveiled a new digital business unit to transform how the company develops, underwrites and delivers digital insurance solutions for clients and brokers. Existing digital initiatives and platforms created to further Beazley’s digital capabilities will now be …

AI-Driven Insurance Distribution Platform Wins $11 Million Financing Round

A startup centered around an AI-driven platform for insurance distribution secured $11 million in Series A financing. Zelros plans to use the money, in part to propel its North American expansion, with a new regional headquarters set to launch in …

QBE North America Names Kearns to New Distribution, Engagement Post

Specialty insurer QBE North America has appointed Dennis Kearns as head of Distribution and Major Trading Partner Engagement, a newly expanded role with the organization. Based in New York City, Kearns will work closely with QBE’s regional executives and be …

Liberty Taps XL Catlin’s McKay for New Distribution & Client Mgmt Role

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Kerry McKay to the newly created role of head of Distribution and Client Management for Continental Europe. He will report directly to LSM’s head of Europe, Kadidja Sinz. …

ACE Names Skoro as Head of Distribution, Sub-Saharan Africa

ACE Insurance South Africa announced that Milenko Skoro, head of sales and distribution A&H, has been promoted to the newly created role of head of distribution, Sub-Saharan Africa as the company continues to strengthen its insurance capabilities in the region. …

CNA Hardy Appoints Clements as Distribution Director, Europe

CNA Hardy has appointed Andy Clements as distribution director, Europe. He will report to Elliot Miller, head of UK regions and Luc Malâtre, VP field operations. Clements will be responsible for building effective and long lasting strategic relationships with broker …

Royal Bank of Canada Is Reviewing Future of Volatile P/C Insurance Unit

Royal Bank of Canada is reviewing its domestic property and casualty insurance business, Chief Executive Officer David McKay said, citing difficulties caused by rules that ban banks from selling coverage in branches. “We’re trying to decide which direction we go,” …

ACE Launches Middle Market Insurance Solution for Continental Europe

ACE Group has launched ACE Middle Market Solutions, an enhanced proposition for brokers and clients, designed to help continue building its position in the middle market segment in key Continental Europe insurance markets. The launch follows ACE’s research during 2014, …