product development News

How Brokers Influence Specialty Insurance Product Innovation

In an era of insurance transformation, where process simplification and flawless customer service are expected, innovation in policy and product is a must—especially when it comes to the non-traditional coverage aspects of specialty insurance. Whether it’s reputational, cyber, gig economy …

Allianz Promotes Castriotta to North American Financial Product Development Head

Allianz Global Corporate & Specialty has promoted Kelly Castriotta to regional head of Product Development for Financial Lines in North America. Castriotta, an attorney, joined the AGCS Financial Lines team in 2018 and has been helping to manage AGCS’s “silent …

Carpenter Appoints Yoder to Lead Global Innovation & Product Development

Guy Carpenter & Co., the reinsurance brokerage subsidiary of Marsh & McLennan Cos., has appointed Claude Yoder as managing director and global chief innovation and product officer, effective Sept. 18. Yoder is based in New York and reports to Rob …

Special Report: Top 10 Innovative P/C Insurance Products

In the past few years, dozens of property/casualty insurers have announced innovative protections for risks involving new technologies, current economic concerns, personal and family relationships, home-based small businesses, and more. “This is a new era in property/casualty insurance. Innovation is …