Ironshore’s CEO on Why He Left AIG and How He’s Building His Young Company In December 2008, Kevin Kelley left Lexington Insurance Co., the largest excess and surplus lines insurance company, after more than 30 years during which he helped …
Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The City’s”— London’s financial and insurance …
Whether they’re young or old, entrepreneurs always have a hunger to come up with the next big idea, or to do something better than anyone else. That’s the spirit that lives in each and every small business owner. That’s what …
The economic crisis is over! Well, not really. It’s just that the present plight has lasted so long, it’s no longer a crisis, it’s the status quo. And as such, it’s time to revisit your agency’s marketing budget and invest …
Bermuda has concluded a comprehensive bilateral tax information exchange agreement (TIEA) with Spain, which provides for a “full exchange of information on criminal and civil tax matters.” The announcement, issued by Bermuda’s Ministry of Finance, noted that “significant benefits were …
The U.S. Senate passed a temporary extension of the National Flood Insurance Program (NFIP) and President Barack Obama signed the legislation into law just few hours before the program was set to expire yesterday. The NFIP extension was passed as …
A bulletin from the Paris-based International Chamber of Commerce (ICC) warmly welcomed the decision to make the G20 the primary forum for international economic cooperation, noting that the member countries represent 90 percent of global gross national product, and thus …
Hartford Financial Services Group Inc. named a former Bank of America Corp. executive to be its new CEO, and he already has plans to introduce enhanced risk management after record losses at the 199-year-old insurer. Liam McGee, former head of …
By networking existing databases and adding secure reporting and analytic functions, two insurance industry organization hope to create a nationwide information sharing system on cargo crimes. The rating and statistical organization ISO (Insurance Services Office) and the National Insurance Crime …
Planned information technology (IT) spending by property/casualty insurance companies increased 1.6 percent from 2008 to 2009, according to researchers. The planned increase in spending from 2009 to 2010 will only be around 0.2 percent. This slight increase is expected despite …
