Integrated Specialist Insurer, QBE North America announced today the appointment of Tom Fitzgerald as President, Specialty & Commercial. Fitzgerald most recently served as Chief Executive Officer of Aon Risk Solutions’ global broking operations. As a member of the Executive Leadership Team, Fitzgerald will report to Todd Jones, QBE North America Chief Executive Officer. One of… Continue reading QBE North America Names Industry Veteran Tom Fitzgerald as President, Specialty & Commercial
Tag: specialty insurance
Berkshire Hathaway Specialty Insurance Enters Spain
Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has further expanded its global footprint opening a new office in Madrid, naming Ignacio Almazan as Country Manager in Spain. “Putting down roots in Spain enhances our ability to service both local customers and multinationals in Europe,” said Chris Colahan, President, BHSI, UK and Europe. “Ignacio… Continue reading Berkshire Hathaway Specialty Insurance Enters Spain
The Hanover Insurance Group Expands Specialty Leadership Team
The Hanover Insurance Group, Inc. announced it has expanded its specialty leadership team to enhance its focus on growth opportunities and further drive value with the company’s independent insurance agent partners. These enhancements round out a series of talent investments the company has made to its specialty business over the last year. As part of… Continue reading The Hanover Insurance Group Expands Specialty Leadership Team
PMA Companies Names Kara Thompson as Vice President & Chief Segment Officer, Specialty Markets Underwriting
PMA Companies has named Kara Thompson as Vice President and Chief Segment Officer, Specialty Markets Underwriting. As segment leader, Ms. Thompson is responsible for growing PMA’s captive, program and group business. She reports to Drew Jones, Executive Vice President, Insurance Segments and is based in PMA Companies’ Blue Bell Office. “Kara is an outstanding insurance… Continue reading PMA Companies Names Kara Thompson as Vice President & Chief Segment Officer, Specialty Markets Underwriting
Activist Investor Claims Argo’s CEO Uses Company Assets to Support Lifestyle
An activist investor says a CEO is causing damage to his insurance company’s bottom line by using corporate assets to support his lifestyle and hobbies, and it plans to launch a proxy fight. Voce Capital Management LLC thinks Argo Group International Holdings Ltd.’s board is letting its chief executive, Mark E. Watson III, misuse the… Continue reading Activist Investor Claims Argo’s CEO Uses Company Assets to Support Lifestyle
RLI Selects DataCubes to Optimize Underwriting Processes
DataCubes, a Schaumburg, Ill.-based provider of a data science platform for commercial underwriting, announced that it has partnered with RLI to optimize certain aspects of the specialty insurer’s underwriting processes. Using DataCubes’ AI-powered intake, risk analysis and scoring tools, RLI is exploring ways it can automate intake forms and intelligence gathering in order to replace… Continue reading RLI Selects DataCubes to Optimize Underwriting Processes
Ryan Specialty Expands in Texas with Purchase of Myron Steves
Ryan Specialty Group LLC said Friday it has agreed to acquire the assets and operations of Houston-based wholesale insurance brokerage Myron F. Steves & Co., expanding its presence in Texas. Terms of the transaction were not disclosed. In a statement, Chicago-based Ryan Specialty Group said the Myron Steves team will become part of its wholesale… Continue reading Ryan Specialty Expands in Texas with Purchase of Myron Steves
Ryan Specialty Acquires Oklahoma P&C Broker Westphalen
Ryan Specialty Group (RSG), a specialty insurance services business based in Chicago, has acquired the assets and operations of Westphalen Insurance Services, an independent wholesale insurance brokerage based in Oklahoma. The business will become part of R-T Specialty (RT Specialty), the wholesale brokerage unit of Ryan Specialty Group, and will establish the company’s presence in… Continue reading Ryan Specialty Acquires Oklahoma P&C Broker Westphalen
Michael Kerner Appointed New CEO of New Munich Re Specialty Insurance Unit
Munich Reinsurance America, Inc. (Munich Re, US) announced today the appointment of Michael Kerner as Chief Executive Officer for Munich Re Specialty Insurance, a new commercial insurance unit in North America. He will report to Tony Kuczinski, President and Chief Executive Officer, Munich Re, US. In this new role, Kerner will have oversight for uniting… Continue reading Michael Kerner Appointed New CEO of New Munich Re Specialty Insurance Unit
Liberty Mutual Partners with OPIC on $1B Investment Program
Liberty Mutual Insurance has partnered with the Overseas Private Investment Corporation (OPIC), the U.S government’s development finance institution, on the launch of a $1 billion risk-sharing agreement to facilitate private sector investment in developing markets. This partnership represents OPIC’s first agreement with a U.S owned insurance company to share credit risk across a global… Continue reading Liberty Mutual Partners with OPIC on $1B Investment Program