Operations News

Guy Carpenter finds Lloyd’s market at its ‘healthiest in 300 years’

Guy Carpenter & Co., Marsh’s reinsurance broker and risk management division, has released “The Lloyd’s Market in 2007,” its fifth annual review of Lloyd’s financial and operational performance. The finding are exceptionally good — overall Lloyd’s is probably in the …

Establish an authentic small business department

The small business insurance market has grown in importance to agencies and companies alike. Yet, despite the favorable attention given to this profitable arena, too many agencies still treat small business as they always have, as an indistinguishable part of …

Guy Carpenter finds Lloyd’s market at its ‘healthiest in 300 years’

Findings boast stellar results for London market with Lloyd’s leading the way Guy Carpenter & Co., Marsh’s reinsurance broker and risk management division, has released “The Lloyd’s Market in 2007,” its fifth annual review of Lloyd’s financial and operational performance. …

People and Places

The National Association of Professional Surplus Lines Offices has named its officers and directors for the 2007-2008 term. The new NAPSLO president is Mary Ellen Rozzell, who is with Continental/Marmorstein & Malone in Paramus, N.J. Other officers include Vice President, …

Thriving in today’s challenging insurance environment

The insurance industry has witnessed a reduction in the number of markets, agents and brokers, and overall industry personnel in the past 10 years. Meanwhile, many markets continue to soften, competition has increased with Internet direct sales, and there are …

People

The National Association of Professional Surplus Lines Offices has named its officers and directors for the 2007-2008 term. The new NAPSLO president is Mary Ellen Rozzell, who is with Continental/Marmorstein & Malone in Paramus, N.J. Other officers include Vice President, …

People

The Progressive Corp. in Mayfield, Ohio, is consolidating management of its two distribution channels for personal lines. Since 2000, Progressive’s personal lines segment has been organized into two businesses — the agency business and the direct business. The company said …

D’Onofrio Named President of San Francisco Office for WKF&C Agency

WKF&C Agency Inc. is expanding its presence in the west and opening a second California office. The office will be located in San Francisco and will be led by Dawn E. D’Onofrio, who has been hired as president/San Francisco. D’Onofrio …

Aon Expands RI3K ‘Paperless’ Trading

London-based “paperless” trading service RI3K announced that Aon has now been expanded the use of the program to include the specialty and direct divisions as well as treaty reinsurance. The move assures that a majority of Aon’s large commercial business …

Indiana Insurance Offers New Commercial Lines Product

Loveland, Ohio-based Indiana Insurance, a member of Liberty Mutual Group, recently announced the introduction of its new commercial lines product, Custom Protector. Custom Protector is a comprehensive array of property and liability coverages that can be customized for more than …