News – Insurance Journal

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So far News – Insurance Journal has created 223 blog entries.
15 11, 2019

Hartford InsurTech Hub Welcomes Top Startups for 2020

By | November 15th, 2019|Uncategorized|Comments Off on Hartford InsurTech Hub Welcomes Top Startups for 2020

Hartford InsurTech Hub, powered by Startupbootcamp, has announced its 2020 cohort of startups. The past two cohorts have consisted of ten startups, and with the help of the Hub’s partners, the accelerator program decided to select 11 companies to relocate …

15 11, 2019

Pioneer Underwriters Decides to Put Lloyd’s Syndicate 1980 into Run-off

By | November 15th, 2019|Uncategorized|Comments Off on Pioneer Underwriters Decides to Put Lloyd’s Syndicate 1980 into Run-off

Pioneer Underwriters has decided to put its Lloyd’s Syndicate 1980 into run-off after completing an examination of “strategic and capital options for 2020.” Pioneer said it will be working with Asta, the managing agency of Syndicate 1980, to ensure a …

15 11, 2019

Best’s Report Sees Identity Theft Becoming Standalone Personal Cyber Insurance

By | November 15th, 2019|Uncategorized|Comments Off on Best’s Report Sees Identity Theft Becoming Standalone Personal Cyber Insurance

The role of identity theft insurance as a supplemental product could evolve as personal cyber risks become more of a threat as technology proliferates further into individuals’ lives, according to a new A.M. Best report. In its current form, identity …

15 11, 2019

AGCS Appoints Williams as Global Head of Financial Lines, Replacing Poncin

By | November 15th, 2019|Uncategorized|Comments Off on AGCS Appoints Williams as Global Head of Financial Lines, Replacing Poncin

Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz Group, has appointed Shanil Williams as global head of Financial Lines, effective Nov. 15, 2019. He succeeds Bernard Poncin, who will leave AGCS to pursue other opportunities …

15 11, 2019

For 2020, Expect Biggest Commercial Insurance Hikes in Years: Willis Towers Watson

By | November 15th, 2019|Uncategorized|Comments Off on For 2020, Expect Biggest Commercial Insurance Hikes in Years: Willis Towers Watson

North American commercial insurance buyers will face sizable price increases in 2020, across most lines of insurance, according to insurance broker Willis Towers Watson’s 2020 Insurance Marketplace Realities. While the report finds that capacity is available in all but the …

15 11, 2019

Allstate’s Armstrong Takes Helm as Casualty Actuarial Society President

By | November 15th, 2019|Uncategorized|Comments Off on Allstate’s Armstrong Takes Helm as Casualty Actuarial Society President

Steven D. Armstrong, FCAS, an insurance industry veteran with more than 25 years of experience, has begun his term as the president of the Casualty Actuarial Society (CAS). Armstrong has been actively involved with the CAS for two decades, having …

15 11, 2019

Insurer Brit Ltd. Launches E-trading Cyber Portal

By | November 15th, 2019|Uncategorized|Comments Off on Insurer Brit Ltd. Launches E-trading Cyber Portal

Brit Ltd., the London-based insurer, announced it has launched an online platform for cyber risks in both the U.K. and the U.S., targeting small and medium sized enterprises (SMEs) in both regions. The portal will give brokers an agile, user-friendly …

15 11, 2019

Pemex Oil Firm ‘Unaffected’ by Cyber Attack, Says Mexican Minister; Workers Disagree

By | November 15th, 2019|Uncategorized|Comments Off on Pemex Oil Firm ‘Unaffected’ by Cyber Attack, Says Mexican Minister; Workers Disagree

A cyber attack on computer networks of the Mexican national oil company Pemex is “totally under control” and did not have any negative consequences, Security Minister Alfonso Durazo said on Thursday. The attack was first detected on Sunday and over …

15 11, 2019

Müller Succeeds Fischer Hirs as CEO of AGCS; Allianz Germany Appoints Executives

By | November 15th, 2019|Uncategorized|Comments Off on Müller Succeeds Fischer Hirs as CEO of AGCS; Allianz Germany Appoints Executives

Allianz Global Corporate & Specialty SE (AGCS) and Allianz Deutschland AG announced leadership changes that will take effect from Dec. 1, 2019, subject to regulatory approval. Joachim Müller, currently CEO of Allianz Versicherungs-AG (the property & casualty insurer of Allianz …

15 11, 2019

Beer Dissing California Utility PG&E Brewing Backlash

By | November 15th, 2019|Uncategorized|Comments Off on Beer Dissing California Utility PG&E Brewing Backlash

Anger over devastating California wildfires sparked by Pacific Gas & Electric power lines is coming to a head – in a beer. And an outcry is brewing. Steve Doty, owner of Shady Oak brewery in Santa Rosa, announced a new …