According to the US Bureau of Labor Statistics, annual inflation was 8.6% from May 2021 to 2022. This is the highest annual increase in more than four decades. The biggest rate change in four decades is a “big deal” for insurance and the entire economy, according to Amwin’s chief underwriting officer Mark Bernacki (pictured). Read …
New CEO Heinrich has 35 years of experience in the P&C industry. He joined Tokyo Marine Highland (formerly WNC Insurance Services) in 1995 to build the company’s private flood insurance division. The product line has since grown into an industry leader with continued profitability in the insurance business. His most recent position with the company …
That wasn’t the only notable success for Insurance Business at the prestigious ceremony, though – Mia herself won the Best Thought Leadership Article award. “One of the others stood out for its originality, its emotion and its relevance to a central challenge that we must continue to address,” said Christopher Croft (pictured above presenting the …
WTW has announced the appointment of Frank Schepers (pictured above) to lead its Insurance Consulting & Technology (ITC) business. Schepers will be based in Germany and will join WTW’s leadership team for risk and brokerage segments. He succeeds Alice Underwood, who is retiring this year. Schepers will take on his new role in …
WTW taps new leader for insurance advice and technology Read More »
“Today’s council meetings aren’t just about strategy or financial performance,” Glaser said. “They are more about risk than any other factor. What does that mean? [for our industry] is that our position at the boardroom of our clients has been increased … we are now fully engaged in the C-suite.” Glaser said cyber issues, climate, …
Marsh McLennan CEO Reveals What’s “Not an Option” Read More »
“We are excited to involve these three highly talented students in the work we do as a growing global insurance start-up,” said Lisa Fontanetta, chief of staff at Mosaic. “Not only are they immersed in their respective areas of focus, but they also network with team members in different regions of the world, contribute to …
Mosaic brings internship program to international offices Read More »
“Those two things together created a perfect storm to drive valuations really high, which would encourage many business owners to want to sell, and there was relatively cheap financing to do that. So it turned out to be a really very active market. to be.” In 2022, Aon believes the M&A resurgence last year could …
Meanwhile, Smith, 61, was arrested last week and charged by the South Carolina Law Enforcement Division on four counts of money laundering, three counts of forgery and criminal conspiracy. Smith was previously charged by authorities with assisted suicide, assault and battery of a highly aggravated nature, pointing and presenting a firearm, insurance fraud and conspiracy …
Massive insurance fraudster hit by new state jury charges Read More »
“I can’t wait to help us improve our existing capabilities, build new ones and leverage intra-group synergies – contributions that I believe will enable us to realize the important opportunities ahead.” Prior to his current appointment, the new Group COO served as Chief Operating Officer Europe, Group IT Director and CEO Europe. His credentials also …
To counter a hiring drought, independent agencies should always recruit “passively” to position themselves for when vacancies need to be filled, according to an expert. “We’ve talked a lot about this major layoff and the impact it has had on retention and hiring strategies, but we can’t ignore the fact that COVID has really impacted …
How independent agencies can get a head start in the war on talent Read More »
