Not only are liability losses increasing but they are getting more expensive, particularly in relation to global product recalls, corporate liability, cyber and environmental incidents, according to a new report by Allianz Global Corporate & Specialty (AGCS). Global Claims Review: …
More drones in the skies raise a number of new safety concerns, ranging from collisions and crashes to cyberattacks and terrorism, according to the latest risk report from Allianz Global Corporate & Specialty (AGCS): Rise of the Drones: Managing the …
Solera to Acquire Enservio Solera Holdings, Inc., a global provider of cognitive technologies for the automotive and home ownership ecosystems, announced a definitive agreement to acquire 100 percent ownership of Enservio, Inc., a U.S. provider of SaaS-based software and services …
MEMIC Hires Gonnella as Vice President of Claims for Northeast, Atlantic Regions To support continued growth across the Eastern Seaboard, workers’ compensation specialist The MEMIC Group has announced the appointment of Gus Gonnella to vice president of Claims for the …
Guy Carpenter appoints CEO of GC Stockholm Guy Carpenter & Company, LLC, a global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Companies, appointed Tobias Andersson as CEO of GC Stockholm, effective April 1, 2017. …
Shipping losses continue their long-term downward trend with 85 total losses reported worldwide in 2015, according to the Allianz Global Corporate & Specialty (AGCS) fourth annual Safety and Shipping Review 2016, which analyzes reported shipping losses of over 100 gross …
Building on its established presence in both film and TV productions as well as live events, Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS), announced the launch of a dedicated motorsports unit in North America to be …
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty launched a dedicated transportation and logistics unit in North America led by Helen Leonard, Inland Marine Global Product Leader. The new division will offer rail, motor truck cargo, warehouse and …
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty named Bernard McNulty head of claims Canada effective immediately. Based in Toronto, he will report directly to Ulrich Kadow, chief agent Canada, with a matrix report to Terry Campbell, regional …
Nearly 70 percent of business financial losses arise from 10 causes of loss, with the largest single identified cause being ship groundings, reflecting the high values of modern shipping risks, followed by fires and aviation crashes, according to a new …