Brand Management & Sales
New Business Goes to Auto Insurers With Strong Underwriting Results: J.D. Power Study
Insurers with the strongest new business yield rates also have strong combined ratios in personal auto in the "J.D. Power 2017 U.S. Insurance Shopping Study." We define new business yield rates as ...
MEMIC Names Bourque, Its Longtime Communications Exec, as New CEO
The MEMIC Group named a longtime communications executive at the workers compensation specialty insurer as its new president and CEO. Michael Bourque will replace John Leonard as MEMIC's leader after ...
Many European, Asian Firms Lack Cyber Insurance for Ransomware Attack
Many companies outside the United States may not have cover for a recent computer-system attack, leaving them potentially with millions of dollars of losses because there has been relatively little ...
Berkshire’s biBERK Still ‘Very Small’ But Online Small Biz Customers Doubling
It has been decades since anyone thought of Warren Buffett's Berkshire Hathaway Inc., or even its insurance operations, as "very, very small." But that's how a senior executive describes biBERK, a ...
CEOs: Do Your Job
I read with interest United Airlines CEO Oscar Munoz's mea culpa—an open letter to the public—regarding the passenger being injured and dragged off a plane in April. It was splendid prose. Don't ...
Chubb CEO Greenberg Elaborates on Initial Critical Comments About Wholesale Brokers
In the London and other wholesale insurance markets, the practice of some brokers bundling similar accounts into high-volume portfolios to be more efficient and attract underwriters while still ...
Vertafore Acquires RiskMatch
Insurance technology firm Vertafore said it has acquired RiskMatch, a Connecticut-based business intelligence and analytics company that provides portfolio management and placement services to ...
Trump, Brexit Fueling Interest in Political Risk Insurance Demand
Rocked by a shakeup in the Western political order, companies are buying more insurance to protect themselves against the threat of rising protectionism and upheaval to their operations in emerging ...