The Main Street America Group announced that Steve Berry has joined the super regional property/casualty insurance carrier as president of its New England Region. Berry, who has background leading property/casualty sales operations in the New England marketplace, will report to …
When high dollar art items are stolen from museums, or when internal theft of cultural property occurs, insurers must deal with specific and challenging obstacles characteristic to the relatively rare but historically recurring crimes. David Shillingford, director of marketing and …
People Patricia Smith has joined InsurBanc, a financial services provider for independent insurance agencies, as vice president of sales and business development. Smith will focus on the needs of independent agencies and develop relationships with them. Smith joins InsurBanc with …
$10 million The insurance limit of the Lloyd’s of London policy covering the smile of America Ferrara, star of the TV show “Ugly Betty.” 79.97% The independent agency system’s commercial lines market share in 2005, according the annual report from …
Travelers has launched Travelers Aviation, a new business unit targeting corporate and business aircraft, small to mid-size airports, aviation ground services and manufactured non-critical products used as aircraft components. In addition, the business unit will provide workers compensation coverage for …
AIR Worldwide Corporation announced that Dr. Milan Simic has been appointed managing director of AIR Worldwide Ltd., the Group’s London office. He will be responsible for managing strategic operations in London, including overseeing the client services, software services and business …
A.M. Best Co. has upgraded the financial strength rating to “B++” (Good) from “B+” (Good) and the issuer credit rating to “bbb” from “bbb-” of Hong Kong’s Tugu Insurance Company Limited, and assigned a stable outlook. Best indicated that the …
London-based Hiscox has announced the appointment of Carl Bach within its Global Markets division to spearhead business development operations in the U.S. Bach will be based in Hiscox’s Manhattan office, working with insurance brokers in the U.S. to increase the …
Munich Re has acquired the Bell & Clements Group, an insurance and reinsurance broker, which operates in the UK from its London offices and in the U.S. from its headquarters in Reston, VA. The press announcement said: “Both parties have …
The London-based Cooper Gay Group announced that SC Insurance and Risk Services, SGPS, SA, a subsidiary of the Portuguese corporation Sonae SGPS, S.A., has agreed to terms for the acquisition of approximately 14 percent of Cooper Gay (Holdings) Limited with …
