IVANS®, a division of Applied Systems®, announced the Q1 2020 results of the IVANS Index™, the insurance industry’s premium renewal rate index. Q1 results showed an increase premium renewal rate change average across nearly all major commercial lines of business, including Commercial Auto, Business Owner’s Policy, General Liability, Umbrella, and Commercial Property compared to Q4;… Continue reading Average Commercial Premium Renewal Rates Experience Positive Changes Month to Month: IVANS
Tag: commercial lines
Arrowhead Refreshes Brand Identity to Reflect ‘Innovation’ Focus
Arrowhead General Insurance Agency Inc. (Arrowhead) today introduces its new brand identity, reflecting a commitment to leading technology innovation and significant growth for the national program administrator. The changes come at a time when Arrowhead has added new commercial programs, enhanced its insurance offerings and expanded its U.S. footprint. “Arrowhead leverages technology to pioneer innovative… Continue reading Arrowhead Refreshes Brand Identity to Reflect ‘Innovation’ Focus
Average Renewal Rates Change Month to Month Across Most Major Commercial Lines
IVANS®, a division of Applied Systems®, today announced the January results of the IVANS Index™, the insurance industry’s premium renewal rate index. Year over year, nearly all lines of business experienced an increase in average premium renewal rate, except Workers’ Compensation, which saw a negative turn. Month over month, January premium renewal rates experienced variable… Continue reading Average Renewal Rates Change Month to Month Across Most Major Commercial Lines
Aon Appoints Lambros Lambrou As Global CEO of Commercial Risk Solutions
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, is taking another significant step to realize the full potential of its Aon United growth strategy with the appointment of veteran Aon leader, Lambros Lambrou, as global CEO of Commercial Risk Solutions. Lambrou has worked within the… Continue reading Aon Appoints Lambros Lambrou As Global CEO of Commercial Risk Solutions
Commercial Rates Across Majority of Lines Mostly Down in January: Ivans
IVANS, a division of Applied Systems, today announced the January results of the IVANS Index, the insurance industry’s premium renewal rate index. Month over month, January experienced a negative change in average premium renewal rate change across the majority of commercial lines, except Commercial Auto and Workers’ Compensation, which experienced a positive uptick, and Business… Continue reading Commercial Rates Across Majority of Lines Mostly Down in January: Ivans
Digital Insurance Broker Mylo Announces $28M Funding
Mylo, the digital broker that is transforming insurance shopping, announced that it has raised $28 million in a Series A funding round led by Guggenheim Partners. Mylo was launched by Lockton Companies in 2015 to provide a quick, convenient way for small businesses and individuals to get customized advice, compare and purchase insurance products online… Continue reading Digital Insurance Broker Mylo Announces $28M Funding
USG Announces Promotion of Chambers in Seattle, WA
USG Insurance Services, Inc., a national wholesaler and MGA, is pleased to announce the promotion of Kelsi Chambers to Producer/Broker in Seattle, WA, supporting our Sandpoint, ID branch. Chambers has been part of the USG team for six years, and has 12+ years’ experience in the insurance industry. Initially starting as Production Assistant in the… Continue reading USG Announces Promotion of Chambers in Seattle, WA
USG Announces Hire of Cooper in Covington, LA
USG Insurance Services, Inc., a national wholesaler and MGA, is pleased to announce the hire of Corey Cooper as Producer/Broker in the Covington, LA branch. Corey joins the USG team with 11 years of experience in the industry, most recently at her position with UIG in Mandeville, LA. At USG, she will work with the… Continue reading USG Announces Hire of Cooper in Covington, LA
Commercial Lines November Renewal Rates Experience Mixed Changes: IVANS
IVANS, a division of Applied Systems, today announced the November results of the IVANS Index, the insurance industry’s premium renewal rate index. For the first time this year, rate changes are split evenly with an uptick in premium renewal rate across Business Owners Policy (BOP), Commercial Property and Umbrella, while Commercial Auto, General Liability and… Continue reading Commercial Lines November Renewal Rates Experience Mixed Changes: IVANS
Commercial Insurance Pricing Increased in Third Quarter 2018: Marsh
Global commercial insurance pricing increased for the fourth consecutive quarter in the third quarter of 2018, according to Marsh’s quarterly Global Insurance Market Index, a proprietary measure of global commercial insurance premium pricing change at renewal, representing the world’s major insurance markets and comprising nearly 90% of Marsh’s premium. Average commercial insurance prices increased by… Continue reading Commercial Insurance Pricing Increased in Third Quarter 2018: Marsh