Mitsui Direct General Insurance Company, a Japanese direct general insurer has deployed Guidewire ClaimCenter as its new claims management system to further enhance its customer service quality, improve productivity and make significant ...
Tags: Mitsui Direct General Insurance Company, customer service
ACE has appointed Jeff Hobson as branch manager of its Leeds office, in a move to further strengthen its regional management team within its UK and Ireland region. The commercial line insurer said that Jeff's appointment takes place with ...
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Beazley in Chicago has appointed Pamela Sfikas, a management liability underwriter, to strengthen the company's US team. Pam will specifically focus on building the EPL, Private Company D&O and Fiduciary books of business in the country. ...
Tags: Beazley, Pamela Sfikas, liability, insurance
China Property & Casualty Reinsurance (CPCR) has licensed AIR Worldwide’s (AIR) suite of catastrophe models for China. CPCR deputy general manager Yuanyuan Li said, "AIR offers a full suite of models for China, including a ...
Tags: CPCR, catastrophe model, China, insurance
Alterra Capital Holdings has named Nicholas Conca as the new chief claims officer for insurance, to ensure consistent level of claims service to its insurance policyholders worldwide. With over 20 years of experience in the insurance ...
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Catastrophe modeling firm AIR Worldwide has forecasted that Hurricane Isaac will cause insurance losses between $700m-$2bn in the US. The calculation of losses includes wind and storm surge damage to onshore residential, commercial and ...
Tags: AIR Worldwide, catastrophe modeling, Hurricane Isaac, insurance loss
US catastrophe modeling firm AIR Worldwide has forecasted that insured losses from Hurricane Sandy to onshore properties in the US will be in the range of $7bn to $15bn. The estimation has been made based on the damage to ashore ...
Tags: catastrophe modeling, forecast, insured loss, US
Vienna Insurance Group has completed the merger of non-life insurers InterRisk and PZM to expand its market presence in Poland. InterRisk and PZM achieved premiums of over EUR80m in the first quarter of 2012 and the two companies will ...
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Legal & General, a UK based provider of risk, savings and investment management products has appointed its chief financial officer Nigel Wilson to succeed Tim Breedon as the new chief executive of the company from 30 June 2012. According ...
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MetLife has agreed to pay $500m in a multistate settlement with Florida insurance investigators in connection with holding death benefits from life insurance policies issued decades ago. The regulators accused the US insurer over non ...
Tags: MetLife, multistate settlement, death benefits, insurance
UK Financial Services Authority (FSA) has penalized Sun Life Assurance Company of Canada (UK) (SLOC UK) 600,000 pounds for poor management of its 1.2bn pounds with-profits business. The market watchdog claimed that the design and ...
Tags: FSA, Sun Life Assurance, life insurance, insurance product
Allstate Insurance has sued 18 persons to recover more than $796,000, which the company paid to its customer due to forged bills prepared by these people. The underwriter filed a case in Federal District Court as a Declaratory ...
Tags: Allstate Insurance, insurance defraud, insurance, defraud case
Alterra America Insurance Company, a wholly-owned subsidiary of Alterra Capital Holdings, has signed an agreement with Ullico Casualty Group (UCG), to venture into the US multiemployer and governmental fiduciary liability and union ...
Siemens AG reached a settlement with its former board member Dr.Thomas Ganswindt.The settlement is subject to the approval of the annual shareholders´meeting of Siemens AG on January 23,2013.The settlement will terminate the pending ...
Tags: Siemens AG, Dr.Thomas Ganswindt, settlement, annual shareholders meeting
Guidewire Software, a property/casualty (general) insurers’ technology provider, has elected Guy Dubois as a new director to its Board of Directors. Guidewire Software chief executive officer Marcus Ryu said, "He brings a veteran ...
Tags: Guidewire Software, Guy Dubois, new director, insurance, property, casualty