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Michael Palmer will lead the analytics team in Bermuda and help develop the companys understanding of all aspects of catastrophe risk.
August 14 -
Aviva is looking for 5,000 UK drivers with Android smartphones to test its RateMyDrive app.
August 14 -
AgencyPoint agent recruiting and training center opened to push expansion into a new market.
August 14 -
Falling costs largely attributable to decrease in medical benefits for injured workers, according to the National Academy of Social Insurance.
August 13 -
Terri Vaughan will step down during the first quarter of 2013; National Association of Insurance Commissioners officers will conduct a national search later this year to fill the position.
August 13 -
Second half of 2012 will likely test reserves, balance sheets and underwriting acumenKeefe Bruyette & Woods expects Ace Ltd., Chubb Corp., Marsh & Mclennan Cos. and Proassurance Corp. to pass those tests with strong reserves and quality franchises.
August 13 -
J. Michael Kirchgessner will officially take up his post and join CNA Monday, August 13.
August 10 -
21st Century, Argo, Infinity, EMC, Manulife, Tower and XL Group all released their second-quarter results.
August 10 -
A new chief audit executive and VP of insurance operations systems head the list of eight executive appointments.
August 10 -
Multiple billing systems to be consolidated to cloud-delivered STG Billing solution.
August 10 -
With the acquisition of Harris, Rothenberg International Inc., the health insurer expects to expand its employee assistance program and work-life offering.
August 10 -
Tom Barta shifts the focus of his office while Erik Helding receives a promotion to SVP, treasury and investor relations.
August 10 -
The specialty insurer looks to the claims management software to support its goal of increasing effectiveness and efficiency of payments.
August 10 -
The showdown came at a hearing held by the National Association of Insurance Commissioners on the controversial product, which is a kind of property insurance policy that banks purchase when mortgage borrowers stop paying for homeowners insurance. Banks receive a portion of the premiums through commissions, reinsurance deals and other payments from the specialty carriers that offer it.
August 9 -
Michiel van Katwijk will be CFO for the Americas, and Darryl Button will become EVP, head of the corporate financial center.
August 9 -
IT projects tend to become riskier as the size of the project increases, to combat this, insurers should consider "chunking."
August 9
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After purchasing ClaimCenter from the provider five years ago, the insurer is also implementing Guidewire's billing, client data management and policy administration systems.
August 9 -
Coverage Counselor is designed to help consumers understand how their personal circumstances impact their insurance premium and enable them to compare different levels of coverage.
August 9 -
The Innovation Group plc released a new version of Insurer Analytics, which includes new functionality for policy analysis, insurance analytics, usability and extract/transform/load (ETL) process. The new version is designed to enable users to measure, monitor and manage and uncover insights and opportunities.
August 8 -
The number of insurers looking to increase staff is now at the highest level since July 2009, according to The Mid-Year Insurance Labor Market Study, produced by Jacobson Group, an insurance staffing company, and Ward Group, an insurance consultancy. The majority of insurers, 54.5 percent, intend to increase staff this year, compared to 51 percent in January; and the number expecting to increase revenue is 78.4 percent, up from 69 percent for the same period.
August 7