Strategy
Watson’s Fairfax to Sell Vault; A.M. Best Issues Ratings Downgrade
Vault Insurance – a high-net-worth insurer majority-owned by Fairfax Financial's Allied World – will be sold, a decision that has led to an initial A.M. Best ratings downgrade. A.M. Best knocked ...
Aon Will Spend $30M to Create 10,000 Apprenticeships Nationally
Global insurance broker Aon said it is expanding its corporate apprenticeship program with an investment of $30 million over the next five years. With this expansion, Aon hopes to develop a ...
U.S. Election Outcome: Divided Government Seen Reigniting M&A
Joe Biden's projected win of the U.S. presidency and the Republican Party potentially retaining control of the U.S. Senate could drive a pickup in mergers and acquisitions (M&A) that took a hit ...
AIG President Zaffino Makes Case for Life & Retirement Separation
AIG will separate its Life & Retirement division into a standalone company either through an initial public offering or private sale of the unit in stages over time. Which ever option executives ...
How We Did It: Becoming an InsurTech Unicorn
When InsurTech entrepreneurs like Assaf Wand, Max Simkoff and Dan Preston set out on the path of bringing groundbreaking ideas to life in the insurance industry, they heard a lot of negative talk ...
Talent Movement Is Top Priority for AXA XL Americas New CUO
When Donna Nadeau started tackling the responsibilities of her new role as chief underwriting officer for the Americas at AXA XL in recent months, she turned her focus to talent as a top agenda item. ...
Remote CEO: How One Leader Took the Reins During a Pandemic
When Scott Gunter contemplated making a move from being president of a commercial insurance division of Chubb to become chief executive officer of AXA XL, he felt the timing couldn't be better. AXA ...
From RMS to Archipelago: Shah’s Second Time Around
Hemant Shah is experiencing those old feelings again: exhilaration combined with occasional doses of being overwhelmed. Shah, co-founder and former CEO of catastrophe modeling firm RMS, is in the ...