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New York — Ellen Melchionni, CAE, was recently named president of the New York Insurance Association Inc. (NYIA). Her appointment was effective Jan. 1, 2008. Melchionni succeeds Bernard Bourdeau, CAE, who retired after 18 years of service to the organization.
January 9 -
Los Angeles — Farmers Group Inc., announced the appointment of Scott Lindquist, currently controller of Genworth Financial, to the position of executive VP & CFO.
January 9 -
Simsbury, Conn. — The Hartford Financial Services Group Inc., appointed Peter Smyth senior VP and director of strategy, development and operations for International Wealth Management.
January 9 -
Jacksonville, Fla. — Life of the South Corp., a provider and administrator of credit insurance and payment protection services, announced that Elaine Pelletier, ASA, MAAA, joined the company as VP and chief actuary.
January 8 -
New York – Deloitte Consulting LLP has unveiled the results of its 12th annual life and annuity back-office operations benchmarking studies, LIONS 2007 and ACES 2007, which provide comparative analysis to benchmark expenses for operations and information technology among insurance companies. The analysis covers a variety of topics including efficiency, effectiveness, key trends, use of technology and business performance.
January 7 -
Chicago — Alterian, a global U.K.-based enterprise marketing platform provider has announced a new partnership with ChoicePoint Precision Marketing (CPPM), a ChoicePoint business and provider of direct marketing and database solutions that specializes in the insurance and financial services industries.
January 7 -
In the latest in a series of research and advisory personnel moves, Matt Josefowicz, former managing director of the insurance practice at Celent, will head up a new research and advisory services company called Novarica.
January 7
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Hamilton, Bermuda — Security Capital Assurance Ltd (SCA) announced that Alan Senter resigned from SCA's board of directors, effective Dec. 27, 2007. The company also was informed by XL Capital Ltd that Michael Esposito resigned from his position as non-executive chairman of XL Capital Ltd's board of directors. Esposito will continue in his role as the chairman of SCA's board of directors. Senter will continue in his role as a director of XL Capital Ltd.
January 4 -
Hamilton, Bermuda — XL Capital Ltd, a provider of global insurance and reinsurance coverage, recently announced Michael Esposito resigned from the board of after serving as its chairman. He will continue as chairman of Security Capital Assurance Ltd, XL's 46%-owned affiliate.
January 4 -
Denver – Curian Capital LLC, a registered investment advisor that provides a fee-based, separately managed account platform to financial professionals, appointed Lloyd Sprague divisional VP for the Eastern region. Sprague will be responsible for managing a team of 15 external and internal regional business consultants, and overseeing educational and training efforts for Curian’s wholesalers.
January 4 -
Milwaukee — Marshall & Ilsley Corp., a diversified financial services corporation headquartered in Milwaukee, Wis., announced the completion of its acquisition of Indianapolis-based First Indiana Corp. First Indiana, with $2.1 billion in consolidated assets, has 32 branches in Central Indiana.
January 4 -
Chicago – With the extension of TRIA at the close of 2007, one legislative issue that had divided the insurance industry was put to rest. Yet, another equally divisive legislative issue remains unsettled and may well come to the fore this year. While the National Insurance Act of 2007 was, like its predecessor in 2006, unable to make it out of committee, the issue of an optional federal charter for insurers appears to be as alive as ever.
January 3
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Despite taking much longer than initially expected, e-signature adoption is picking up steam, but is it worth it?
January 3
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A MetLife survey reveals that incoming Baby Boomers are an affluent, conservative bunch that still feel young, and acknowledge being a bit lax when it comes to obtaining adequate coverage for their own long-term care needs.
January 2
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ERM platforms help gather data across siloed risk management domains, presenting an enterprisewide view of risk.
January 1
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HARLEYSVILLE ROLLS OUT POLICY ADMIN PLATFORM
January 1 -
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The race to deliver new products to market requires innovation, agility and the ability to customize and support them.
January 1
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Business departments need to be cognizant of the true cost of the technologies they use.
January 1
