Category: Insurance and Investment

  • WTW boosts Ecosystem Resilience practice

    WTW boosts Ecosystem Resilience practice

    Conway has more than 15 years of experience in climate and conservation finance. She served as lead climate finance negotiator for the US delegation to the UN Framework Convention on Climate Change, including at COP21 in Paris. During her time at the US State Department, Conway also supported US involvement with the Green Climate Fund […]

  • WTW expands North American energy team

    WTW expands North American energy team

    WTW has announced the appointment of Blake Koen as managing director and global client advocate, natural resources, for its North America business. Koen joins the company’s rapidly growing energy team in Houston. Koen has more than 20 years of experience in the energy liability market. Prior to joining WTW, he served as senior […]

  • Bellrock director discusses 20 years in the construction sector

    Bellrock director discusses 20 years in the construction sector

    Bellrock director discusses 20 years in the construction sector Fresh out of university, Jonathan Frost’s first job was with the construction team of a major brokerage. More than twenty years later he’s still in construction insurance as director of Bellrock Broking in Sydney. He’s also regarded as their construction and development insurance expert. In this […]

  • USAA names new human resources chief

    USAA names new human resources chief

    USAA has announced the appointment of Tamla Oates-Forney (pictured above) as executive vice president and chief human resources officer. In her new role, Oates-Forney will report to Wayne Peacock, president and CEO of USAA. She will be a member of USAA’s executive council and lead teams spanning talent development, talent acquisition, pay and […]

  • Florida P&C insurers see drop in new litigation

    Florida P&C insurers see drop in new litigation

    The number of new litigated claims among Florida’s largest property and casualty insurers dropped 4% month over month in July, according to a new report by CaseGlide, a provider of claims litigation management software. The number of new litigated claims for Florida P&C insurers was 4,091 in July, down from 4,261 in June. […]

  • TrustLayer: All about proof of insurance

    TrustLayer: All about proof of insurance

    “Maybe [it’s to] track that the subcontractor coming out of a job site has certain [insurance] coverage of a certain license … and then often companies will have to validate that their counterpart has certain insurance, like are they actually a plumber in this country,” Fohr said. TrustLayer incorporated about four years ago but officially […]

  • Garage underwriter’s automated vehicle warning

    Garage underwriter's automated vehicle warning

    According to Zrimsek: “Without [further] guidance from regulators, it’s not clear what the path forward will look like, and uncertainty is bad for the insurance industry. We don’t know how to change our rates or coverages to meet the needs of what is coming in.” Manufacturers and regulators should be working to make sure road […]

  • What is the strongest P&C distribution channel in the US?

    What is the strongest P&C distribution channel in the US?

    Of the $765 billion in total premium written in the US in 2021, personal lines accounted for approximately 50% to the total premiums, commercial lines accounted for just over 38%, and the remaining 12% was “unclassified” coverage that cannot be easily categorized as either personal or commercial lines. IAs showed total dominance in commercial lines […]

  • Stonemark CEO on constant growth amid hard market conditions

    Stonemark CEO on constant growth amid hard market conditions

    “We have always been in growth mode. We have grown every single year that we’ve been in business,” Elizabeth Davies (pictured), chief executive officer of Stonemark, told Insurance Business. As first-generation CEO of Stonemark, Davies has led the firm’s steady year-on-year growth. In 2018, the firm was acquired by H.W. Kaufman Group, via a merger […]

  • Insurtech weekly news roundup: Aug. 12

    Insurtech weekly news roundup: Aug. 12

    Corvus Insurance MGA insurtech Corvus Insurance has chosen Madhu Tadikonda as its new CEO. He succeeds founder Phil Edmundson, who will take on the new role of executive chair and chair of the board of Corvus. In his new role, he’ll focus on supporting the growth of the company as it expands internationally. Tadikonda joined […]