Gallagher Bassett Appoints Wright as Executive Director Personal Injury Darrin Wright has been appointed to the newly established position of executive director personal injury, effective July 1, 2017. Based in Adelaide, Wright will drive product management, integrity and consistency across …
Nine in 10 global cyber security and risk experts believe that cyber risk is systemic and that simultaneous attacks on multiple companies are likely in 2017, according to a study issued last month by American International Group, Inc. More than …
The frequency of M&A insurance claims is rising as large deals prove risky and the average payout on the most severe category of claims tops $20 million, according to an American International Group, Inc. study of its representation and warranty …
Esurance Lays Off 30 Workers in South Dakota About 30 Esurance employees in Sioux Falls have lost their jobs as part of cuts within the insurance company. The Argus Leader reports that Esurance cut 100 jobs Tuesday, mostly in Sioux …
Kornesczuk Promoted to Divisional President of Great American Insurance Group Great American Insurance Group announced the promotion of Jane Kornesczuk to divisional president of its Executive Liability Division. Kornesczuk joined Great American in 1990 as a senior underwriter. She was …
Companies need to accept tradeoffs to foster “digital trust” with employees if they want to gather the workplace data necessary to realize the full economic and competitive benefits of the Internet of Things (IoT) and the sharing economy, according to …
Verisk Analytics Acquires Arium Verisk Analytics, Inc., a data analytics provider, announced it has acquired Arium, an independent company specializing in liability risk modeling and decision support. Arium will become part of AIR Worldwide, a Verisk Analytics business, and will …
Chubb has expanded its business owner’s policy, Chubb BOP, to the technology industry by crafting specialized insurance features and benefits to meet the unique risks faced by small businesses in the technology segment. The policy includes more than 80 property …
American International Group Inc. agreed to sell commercial and consumer units in nations including Argentina and Turkey to Prem Watsa’s Fairfax Financial Holdings Ltd. for $240 million as Chief Executive Officer Peter Hancock narrows his company’s focus. Fairfax will also …
AF Group Names Kuss as Senior Vice President and Chief Claims Officer Michigan-based AF Group named Jeff Kuss senior vice president and chief claims officer. Kuss will lead a team responsible for Claims Administration, Investigative Services, Medical Management, Large Loss, …