Critical Information for P/C Carrier Executives
Carrier Management Critical Information for P/C Carrier Executives
Today's Headlines February 16, 2021

Breaking the Mold: Sompo GRS and Its CEO

The recipe for building a billion-dollar-premium commercial insurance operation from nothing in four years involves mixing a new model for doing business with a supportive and visionary executive team, a fast-paced collaborative and diverse group of "A-level" players, and a leader with a will to win. During a recent interview with Carrier Management, Michael Chang,... read more
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AIG's Zaffino Will Succeed Duperreault as CEO on March 1

American International Group (AIG) has officially named Peter Zaffino as chief executive officer, succeeding Brian Duperreault, AIG's current CEO, who will become executive chairman of the board. Both moves are effective March 1, 2021. read more
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 Brand Spotlight 
The Insurance Industry Shift Hits Hyper-Acceleration for Digital Business Models

On March 12, 1928, William Mulholland, Harvey Van Norman and Tony Harnischfeger hiked down the dry-side of the newly-filled St. Francis Dam in California, inspecting worrisome leaks. Mullholland was the mastermind behind Los Angeles' new aqueduct — a 233-mile series of man-made rivers and reservoirs that...read more
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Stable Insurance Learns How Not to Spook Capacity Providers

Back in 2015, Douglas Ver Mulm was co-founder of Vervoer Rideshare Fleet, which runs and manages rideshare vehicles in New York City—a side gig when he was a lawyer at Mercer handling data security and technology initiatives. That's when the idea for Stable Insurance was born. The fleet would rent out cars on a weekly... read more
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An InsurTech Mentor Explains Where He Fits in the Startup Process

As Abel Travis sees it, every InsurTech could use a mentor – someone from the insurance industry who can offer advice and counsel to target their growth toward success and viability. read more
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Diversity Officer With Starbucks, NBA Experience Joins Marsh & McLennan

Global insurance and professional services firm Marsh & McLennan Cos. announced that Nzinga Shaw will join the company as chief Inclusion & Diversity officer effective February 16. read more
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Florida Property Insurers Raise Rates by Double Digits, Driven by Multiple Factors

Florida property insurers are jacking up rates by double-digit percentages, blaming the hikes on lingering damage from past hurricanes, a wave of litigation, and a law that encourages lawyers to sue by allowing courts to award them big fees. read more
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Investors See Dollar Signs in Denied COVID-19 Insurance Claims

A growing market niche where investors profit from others' legal troubles is getting a boost from Covid. Distressed-investing funds and litigation-finance boutiques are likely to be spoiled for choice after a landmark U.K. court ruling last month rejected pleas from insurers looking to dodge pandemic payouts. They're looking to finance or buy denied Covid-19 insurance... read more
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Amazon Sues NY Attorney General to Stop Its COVID-19 Lawsuit

Amazon.com Inc on Friday sued New York's attorney general to stop the state from filing its own lawsuit over the online retailer's early response to COVID-19, including its firing of activist Christian Smalls. read more
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Research and Webinars

This Carrier Freed up 43% of Underwriter’s and Their Assistant’s Time

Join us on Wednesday, February 24th, 10 am PST, 1pm EST Protective Insurance ...
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Function vs. Speed: How Insurance Startups Can Have Both in a Digital Platform

"An insurance startup's approach to implementation could determine how well ...
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Best Strategies to Enable Data Science Investments in Underwriting

Now more than ever, insurance carriers are interested in using data science to ...
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How Carriers are Managing Licensing & Compliance: New Models for New Times

"Managing agent licensing is a business-critical function for insurers and ...
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New HBR Report: Carrier CEO Survey Results on Insurtech, Broker Incentives and More

It has never been more evident that traditional paradigms no longer serve the ...
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Media

Diversity, Resilience, Innovation: Altmaier’s NAIC Priorities for 2021

InsurTech Newsletter


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