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1 10, 2020

Sirius Restructures Management of Global Business Technology Team

By | October 1st, 2020|Uncategorized|Comments Off on Sirius Restructures Management of Global Business Technology Team

Sirius International Insurance Group Ltd. announced that it has enhanced its Global Business Technology (GBT) team through the restructuring of its global management structure. This expansion will enable the firm to advance innovative solutions for its customers, improve operational efficiencies …

1 10, 2020

White Mountains to Buy 72% Stake in Lloyd’s Insurer Ark for Growth in Hardening Market

By | October 1st, 2020|Uncategorized|Comments Off on White Mountains to Buy 72% Stake in Lloyd’s Insurer Ark for Growth in Hardening Market

White Mountains Insurance Group, Ltd. announced it has entered into a definitive agreement to invest fresh capital in and to acquire a majority interest in Ark Insurance Holdings Ltd., the parent company of Ark Syndicate Management Ltd. With its leading …

1 10, 2020

Sedgwick Acquires Portuguese Loss Adjusting and Claims Management Firm

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Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, has acquired Perigest, a loss adjusting and claims management company in Portugal. “The transaction represents an important step for Sedgwick as a market leader in Spain and Portugal …

1 10, 2020

Trump Signs Stopgap Government Funding Measure with 1 Year Flood Insurance Renewal

By | October 1st, 2020|Uncategorized|Comments Off on Trump Signs Stopgap Government Funding Measure with 1 Year Flood Insurance Renewal

President Donald Trump signed a funding measure that will keep the federal government running until Dec. 11. The continuing resolution (HR 8337), which the House passed last week 359 to 57, was approved by the Senate in a 84-10 vote …

1 10, 2020

Distinguished Programs Hires Guerrero as Regional Sales Executive in New York

By | October 1st, 2020|Uncategorized|Comments Off on Distinguished Programs Hires Guerrero as Regional Sales Executive in New York

Distinguished Programs, a national insurance program manager, has hired Brando Guerrero as a regional sales executive in New York. In this role, Guerrero will oversee growth/broker partners in Manhattan, the Hudson Valley and the rest of greater New York. He …

1 10, 2020

Vermont Department of Economic Development Hires Nevins

By | October 1st, 2020|Uncategorized|Comments Off on Vermont Department of Economic Development Hires Nevins

The Vermont Department of Economic Development (DED) has hired Brittany Nevins as the new Captive Insurance Economic Development director. She replaces Ian Davis, Vermont’s former director of Financial Services. Nevins will be responsible for the marketing and business development of …

1 10, 2020

Massachusetts Natural Gas Company to Provide $10M in Grants to Nonprofits

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The charitable arm of the gas company blamed for a series of natural gas explosions and fires in Massachusetts two years ago said it will provide $10 million to support nonprofits in the three communities affected by the disaster. The …

1 10, 2020

Next Insurance Adds 24 States to Its Workers’ Compensation Market Map

By | October 1st, 2020|Uncategorized|Comments Off on Next Insurance Adds 24 States to Its Workers’ Compensation Market Map

Next Insurance has expanded its workers’ compensation offering into 24 additional states, including Arizona, Connecticut, South Carolina, Indiana and Virginia. The digital small business insurer said that the coverage is now available in 30 states overall, increasing its workers compensation …

1 10, 2020

Uber, Lyft Seeking to Kill California Law App-Based Drivers

By | October 1st, 2020|Uncategorized|Comments Off on Uber, Lyft Seeking to Kill California Law App-Based Drivers

Californians are being asked decide if Uber, Lyft and other app-based drivers should remain independent contractors or be eligible for the benefits that come with being company employees. The battle between the powerhouses of the so-called gig economy and labor …

1 10, 2020

Pandemics Surpass Climate Change as Biggest Worry for Insurance Professionals: Study

By | October 1st, 2020|Uncategorized|Comments Off on Pandemics Surpass Climate Change as Biggest Worry for Insurance Professionals: Study

Pandemics became the top concern for insurance professionals this year as the COVID-19 crisis roils the industry worldwide. Infectious diseases and pandemics were ranked as the most significant risks to society over the next five to 10 years in a …