India News

Iowa Principal Financial Group to Triple Its Work Force in India

Des Moines, Iowa-based Principal Financial Group plans to triple its work force in India, in a move the company says reflects a projected worker shortage in Des Moines and across the U.S. Principal, an insurance and financial services company, has …

D&O market fueled by probes, record settlements, globalization

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 …

D&O market fueled by probes, record settlements, globalization

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 …

Bailar Joins Endurance Board

Bermuda’s Endurance Specialty Holdings Ltd., announced the appointment of Gregor Bailar, the Chief Information Officer (CIO) for Capital One Financial Corporation, to its Board of Directors. Endurance noted that Bailar is “Capital One’s principal IT strategist, with responsibility for all …

Jackson National Life Asks Mich. Candidate for Apology

A Michigan company has asked U.S. Sen. Debbie Stabenow to retract her statements that it outsourced jobs overseas. Jackson National Life Insurance Co. sent a letter to Stabenow last week asking her to apologize for a campaign TV commercial and …

R&M Issues Study on Indian Insurance Outsourcing

Dublin-based consultants Research and Markets has announced the addition of “Insurance Outsourcing: India Gains Momentum As Offshoring Intensifies – Trends, Insights And Key Vendor Profiles” to their offering. “The Indian offshore insurance services (BPO) industry is estimated to be worth …

Portable Seat Belt Promises Safety While Traveling Abroad

A lightweight, portable seat belt that could save many of the hundreds of lives lost each year by Americans traveling abroad, has been created by a group of engineering undergraduates at the University of Massachusetts Amherst. The seat belts could …

When insuring international trade, expect the world

Think how few things you and your clients wear, use or drive that are wholly made in the USA, and you get a sense of the magnitude of international trade. International trade also is no longer the domain of global …

Investigations, record settlements, globalization fuel need for D&O

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. Speaking on a …

When insuring international trade, expect the world

Think how few things you and your clients wear, use or drive that are wholly made in the USA, and you get a sense of the magnitude of international trade. International trade also is no longer the domain of global …