Articles

Insurance

Blockchain could cut insurers’ admin costs by 30%; B3i goes commercial

Blockchain technology could reduce re/insurer’s administrative costs by up to 30 percent by making transactions faster and more efficient, according to Ken Marke, director for strategy and business development at Ageas Group and chief marketing officer of B3i.   29 January 2018

Technology

Proving the value of distributed ledger technology

The launch of blockchain insurance startup B3i’s Cat XoL product is opening the door for the re/insurance industry to embrace distributed ledger technology. B3i’s chief marketing officer Ken Marke outlines its aims.   14 October 2019

Insurance

Chubb reveals financial lines leadership changes

Property/casualty insurer Chubb has appointed Steven Goldman as executive vice president, financial lines for its overseas general insurance division.   13 June 2018

Insurance

Former AIG, Marsh and Aquiline veteran joins US broker Acrisure

US insurance broking group Acrisure has appointed industry veteran William Malloy as president of its specialty division.   13 June 2018

Insurance

Ascot revises 2018 plan to anticipate steep growth in GWP

Ascot has revised its 2018 business plan to anticipate an increase in gross written premium of 23 percent against its original 2018 Plan – because of expected rate increases following heavy cat losses in the third quarter of this year.   15 November 2017

Insurance

Everest names new chief executive of its insurance unit

Bermuda-based Everest Re Group has named Jonathan Zaffino as the president and chief executive officer of the Everest Insurance division.   8 January 2018

Insurance

Xceedance hires chief business officer

Xceedance, a provider of insurance consulting, managed services, technology, and data sciences, has named Travis MacMillian as the company’s chief business officer.   8 January 2018

Insurance

Munich Re unveils new US flood cover for small businesses

Munich Reinsurance America (Munich Re) has launched a new US commercial inland flood coverage to help protect small businesses and habitational properties in low to moderate flood zones.   25 July 2018

Insurance

Chubb expands as commercial P&C rates rise

Chubb is expanding the property/casualty (P&C) business as it takes advantage of price increases.   25 July 2018

Insurance

Wildfires sweep through California’s vineyards

Wildfires swept through Northern California’s world-famous wine country, destroying homes and businesses, Reuters reported on Oct. 9.   10 October 2017

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