Insurance Advocate
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ShelterPoint Announces Leadership Succession
As Richard White transitions to Executive Chairman of the Board, Leston Welsh steps up as CEO of ShelterPoint. Richard White, who has led ShelterPoint Life Insurance Company (ShelterPoint) as CEO since 2009, is moving into the role of Executive Chairman of the Board of Directors, with the company’s existing Chairman, Dr. Seth Goldberg, remaining on […]
Finseca’s 2024 Hall of Fame Inductees Announced
Finseca has announced that Anthony T. Mazzei, Sr., Chairman and Founding Partner at National Financial Network, an agency of The Guardian Life Insurance Company of America (Guardian); first-ever female inductee, Deb White, District Manager at Farm Bureau Financial Services; and Howard Cowan (recognized in memoriam), formerly with MassMutual, were honored with the prestigious Finseca Hall […]
Distracted Driving Report: New Research
Road trip season is upon us, and with higher traffic levels comes more distracted driving. Auto insurance rates are now at the highest levels in 50 years, so the cost of repairs that may come from distracted driving is also up. Ahead of this year’s Distracted Driving Awareness Month (April), there is new research under […]
Tokio Marine Holdings Establishes New IR/SR Desk in NYC
Tokio Marine Holdings, Inc. (President and Group CEO: Satoru Komiya) has announced the establishment of an Investor Relations and Shareholder Relations (IR/SR) Desk in New York City as part of the IR/SR Group of the Global Communications Department. The new Desk will further strengthen Tokio Marine Holdings’ relationships with institutional investors, shareholders and equity analysts […]
Corvus Insurance Enhances Cyber Renewals
Corvus Insurance, the leading cyber underwriter powered by a proprietary AI-driven cyber risk platform, today announced updates to its policy renewal process, including the introduction of an application-free, click-and-bind option for select accounts. The updates drastically reduce the time brokers spend on cyber renewals by eliminating repetitive application questions and providing transparency with a customized […]
Applied Underwriters Names Gregg Holtmeier Vice President, Strategic Development, for Company’s Growing M&A and Partnership Alliances
Steve Menzies, Chairman of Applied Underwriters, has announced the naming of Gregg Holtmeier to the post of Vice President of Strategic Development, to collaborate with the company’s growing team in M&A, corporate alliances and partnership relationships. Applied Underwriters has announced several transactions recently, which follow a long list in the preceding years. According to Mr. […]
Risk Strategies Acquires LI Based Pace Professional Services, Ltd.
Risk Strategies, a leading national specialty insurance brokerage and risk management firm, has announced it has acquired Pace Professional Services, Ltd. (Pace), a Long Island-based firm specializing in professional liability coverages with a focus on certified public accountants and law firms. Terms of the deal were not disclosed. Based in Garden City, NY, Pace was […]
Amwins Program Underwriters Announces New Home Health Care HNOA Program
Amwins Program Underwriters (APU), part of the Amwins Underwriting division, has announced the launch of their new Home Health Care HNOA program designed to provide hired and non-owned auto liability coverage for home health care operations. This specialized HNOA program is designed to tackle the distinct hurdles faced by providers when delivering vital services to […]
$50 billion opportunity emerges for insurers worldwide from generative AI’s potential to boost revenues and take out costs
AI technology offers insurance businesses large-scale financial potential from productivity gains, optimizing sales channels and digital advice, and delivering enhanced, personalized customer experience υInsurance businesses worldwide have a $50 billion dollar financial opportunity from generative AI to harness the technology in ways that could boost their revenues by as much as 20% and cut their costs by […]
