Parking garages — long considered benign risks by property insurers — are facing more scrutiny from under...
Axa XL names client, distribution officer for Americas
Axa XL, the property/casualty unit of France's Axa SA, Friday said Matthew V. O'Malley has been named to the newly created role of chief client and distribution...
Axa XL, the property/casualty unit of France's Axa SA, Friday said Matthew V. O'Malley has been named to the newly created role of chief client and distribution...
Article / 13 hours ago
Hub sues former broker for allegedly violating nonsolicitation agreement
A Hub International Ltd. unit said in a lawsuit filed Wednesday that a former broker who opened her own brokerage after her December 2023 resignation is soliciting its...
A Hub International Ltd. unit said in a lawsuit filed Wednesday that a former broker who opened her own brokerage after her December 2023 resignation is soliciting its...
Article / 13 hours ago
Axa posts higher revenue
Axa, Europe's second-biggest insurer, Thursday reported its first-quarter revenue grew to €34 billion ($36.34 billion) from €31.8 billion in the year-earlier period....
Axa, Europe's second-biggest insurer, Thursday reported its first-quarter revenue grew to €34 billion ($36.34 billion) from €31.8 billion in the year-earlier period....
Article / 3 days ago
MMC unveils AI-powered platform for supply chain risk
Marsh & McLennan Cos. Inc. on Thursday launched Sentrisk, an artificial intelligence-powered platform intended to help businesses manage global supply chain risk....
Marsh & McLennan Cos. Inc. on Thursday launched Sentrisk, an artificial intelligence-powered platform intended to help businesses manage global supply chain risk....
Article / 3 days ago
Amwins combines transportation MGAs
Amwins Group Inc. Wednesday said it has combined managing general agents Amwins Transportation Underwriters and National Truck Underwriting...
Amwins Group Inc. Wednesday said it has combined managing general agents Amwins Transportation Underwriters and National Truck Underwriting...
Article / 4 days ago
World Insurance hires M&A leader
World Insurance Associates LLC Wednesday said it has hired Ken Bond as chief corporate development officer....
World Insurance Associates LLC Wednesday said it has hired Ken Bond as chief corporate development officer....
Article / 4 days ago
MSIG hires executive leaders
MSIG Holdings (U.S.A.) Inc., a U.S. unit of Japanese insurer MS&AD Insurance Group Holdings Inc., said Wednesday it has hired several underwriting and distribution leaders....
MSIG Holdings (U.S.A.) Inc., a U.S. unit of Japanese insurer MS&AD Insurance Group Holdings Inc., said Wednesday it has hired several underwriting and distribution leaders....
Article / 4 days ago
Canopius hires former Validus, Axa execs
Hamilton, Bermuda-based insurer and reinsurer Canopius Group Ltd. Wednesday said former Validus Reinsurance Ltd. executive Jesse DeCouto has been named chief...
Hamilton, Bermuda-based insurer and reinsurer Canopius Group Ltd. Wednesday said former Validus Reinsurance Ltd. executive Jesse DeCouto has been named chief...
Article / 4 days ago
Verisk first-quarter profit beats estimates
Data analytics firm Verisk beat estimates for first-quarter profit on Wednesday, driven by strong demand for its products used by property/casualty insurers to assess underwriting risks....
Data analytics firm Verisk beat estimates for first-quarter profit on Wednesday, driven by strong demand for its products used by property/casualty insurers to assess underwriting risks....
Article / 4 days ago
Rapid comp indemnity growth post-pandemic trend to ‘watch'
Lauded as the most profitable commercial insurance line, workers compensation is seeing increases in indemnity payments in several large states post-pandemic, likely spurred by wage...
Lauded as the most profitable commercial insurance line, workers compensation is seeing increases in indemnity payments in several large states post-pandemic, likely spurred by wage...
Article / 4 days ago