April 12, 2010
As part of its new Butterfinger advertising campaign, Nestle USA said it has taken out a $1 million policy with Lloyd’s of London to ensure the promise behind its tagline to ensure consumers can “always lay a finger on their …
April 12, 2010
Starr Aviation Agency, Inc. a subsidiary of C.V. Starr & Co. Inc., has acquired International Aerospace Insurance Services Inc. of Santa Barbara, Calif. The acquisition of Inter-Aero expands Starr Aviation’s distribution network as well as its suite of products, according …
April 9, 2010
AmWINS Group, Inc. and Colemont Insurance Brokers today announced that the two companies will be combined to form a specialty insurance distributor placing more than $4.8 billion in annual premiums with over 1,800 employees in 16 countries worldwide. Terms of …
April 7, 2010
New insurance products to protect innovative green construction products such as wind turbines, fuel cells and vegetative roofs are on the rise. But even those closest to the situation admit to being a bit, well, green, about the risks behind …
April 7, 2010
In less than a decade and with little opposition, Chicago has linked thousands of cameras in a network covering most of the city, creating the most extensive and sophisticated video surveillance system in the United States and one that is …
April 7, 2010
ACE Global Markets made several key appointments to its Trade Credit teams in London and New York. Stuart James has been appointed head of Trade Credit based in London, effective June 1. He will be responsible the performance and development …
April 6, 2010
The former head of the American International Group division that nearly bankrupted the giant insurer isn’t out of the woods yet. Joseph Cassano, who ran London-based AIG Financial Products and oversaw its disastrous accumulation of credit default swaps, looks likely …
April 5, 2010
A bulletin from Marsh’s London office notes that in the wake of the global financial crisis, “businesses in all parts of the world are strengthening their risk governance, including management of their counterparty risk.” In the process of gauging the …
April 5, 2010
Specialty insurer Ironshore Inc. announced that Ben Beauvais will head the company’s domestic construction practice within its U.S. Specialty Casualty division, including the operations of IronBuilt. Beauvais, based in Ironshore’s Boston office, will continue to serve in his existing role …
April 2, 2010
Lloyd’s announced that it has graduated the first group of graduate students from its new Program, which features an 18 month rotation, after which the new graduates will continue to work in London’s insurance industry. Eight of the original nine …