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Brokers and Carriers
The industry itself: deals, results and people.
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Latest in Brokers and Carriers
Captives, ART help firms optimise balance between retained and transferred risk
2+ day, 18+ hour ago (473+ words) Captives and alternative risk transfer structures are becoming increasingly important as companies confront risks that are evolving faster than traditional insurance solutions can respond, according to Simon Hunt, UK & Ireland CEO at HDI Global. Hunt told FERMA Forum Today that…...
Russell White: Peach set to become main driver of premium across NPA Insurance
2+ day, 20+ hour ago (819+ words) At the end of 2024, niche commercial insurer Peach decided to rebrand in a move it described as “reflecting the evolution of the business”. Read: ‘Big’ changes and ambitions since taking over as Peach boss The firm had been known as…...
Insurance moves: FM, Policy Expert and Arch Insurance EU
2+ day, 21+ hour ago (582+ words) This week's appointments cover commercial property strategy across Europe, finance leadership at a fast-growing personal lines insurer, and cyber underwriting in continental Europe. Commercial property insurer FM has appointed Achim Hillgraf (pictured, left) to the new role of head of…...
Benefits brokers must evolve to stay relevant, says MetLife's Tadros
3+ day, 11+ hour ago (770+ words) As rising healthcare costs squeeze employer budgets and transparency rules sharpen scrutiny of broker compensation, the group benefits intermediary model is under mounting pressure to prove its worth - and MetLife's top US business executive says the broker community must evolve....
Mortgage brokers hit by FSRA over alleged E&O insurance failings
3+ day, 22+ hour ago (446+ words) Ontario's financial services regulator is moving to revoke the licences of two mortgage brokerages after alleging that their principals failed to provide proof of the errors and omissions (E&O) insurance the businesses are legally required to carry. The Financial Services…...
UK clients want strategic brokers. Many feel they are not getting them
3+ day, 17+ hour ago (481+ words) UK business leaders are more likely than their European counterparts to view commercial insurance as a strategic investment. They are also more likely to say their broker is not doing enough. When UK leaders select a broker, quality of service…...
Prudential Life faces business suspension over massive ¥3.7 billion customer fraud
5+ day, 3+ hour ago (196+ words) TOKYO (TR) – The Financial Services Agency (FSA) is preparing to order Prudential Life Insurance to halt all new insurance sales following a massive fraud scandal in which employees swindled customers out of billions of yen, reports NHK (Oct. 2). An investigation…...
How Sidley levered its insurance roots for private capital gains
6+ day, 12+ hour ago (165+ words) Set by YouTube/Google to identify users, enhance security, and support personalised advertising when embedded YouTube videos are loaded. In 2008, Perry Shwachman, a Legal 500 Hall of Famer for non-contentious insurance, was instructed to act on the formation of a new…...
What makes America’s top insurance employers stand out?
6+ day, 13+ hour ago (74+ words) What does it take to make the list of the best insurance companies to work for in the USA? To qualify, organizations needed an average employee satisfaction rating of 75% or higher, based on compensation, benefits, culture and development. Among the…...
Suncorp dismisses takeover talks speculation
6+ day, 12+ hour ago (59+ words) businessinsurance.com Suncorp dismisses takeover talks speculation Australian firm Suncorp Group Ltd. said Thursday it was not in takeover talks and had received no offer, Channel News Asia reports, citing Reuters. The Financial Times reported in August that Japan-based Tokio…...