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Insurance
The use of managing general agents (MGAs) has increased in response to tough market conditions and the changing business model of the re/insurance industry. Below, Intelligent Insurer profiles 50 of the leading MGAs by turnover, comparing year on year pre-tax and operating profit. 7 May 2015
Insurance
A one-size-fits-all regulatory approach and global regulatory convergence more generally is a big concern for the US property/casualty (P&C) industry, Jim Wallace, incoming chair of PCI and the chief executive of GuideOne Insurance, told PCI Today. 26 October 2015
Insurance
Insurance solutions provider Ageas has said that it will use artificial intelligence (AI) technology across its motor claims management, working in partnership with technology specialist Tractable. 18 May 2017
Insurance
Insurance firm Beazley is expanding its fine art and specie capabilities through the hire of two Lloyd’s underwriters in the field, Mark Bosshard and Scott Sellick. 18 May 2016
Insurance
Matt Hodges-Long, founder of insurtech start-up TrackMyRisks, has warned insurers to stop sending email attachments and start sharing information with their customers instead. 26 September 2017
Insurance
Ironshore’s Pembroke Managing Agency has entered into a management agreement with Old Mutual Group to underwrite select specialty lines for African risks. 16 June 2016
Insurance
Private reinsurers should be far more exposed to a Hurricane Irma loss event than the primary insurers, according to a Sept. 5 Credit Suisse equity research note. 6 September 2017
Insurance
Alleghany president Weston Hicks bets on investments outside of re/insurance to boost profitability. Hicks sees little upside from buying back shares, and the company’s $1 billion in relatively liquid assets gives it the flexibility to take advantages of opportunities such as market hardening, if they come to fruition. 29 March 2017
Insurance
A group of investors led by Matthew Sackett, the former senior vice president of national sales for K&K Insurance and former president and CEO of Leisure Sports Specialists, has announced the formation of DOXA Insurance Holdings. 13 April 2016
Insurance
Four insurers have been selected by the South Australian Government to provide compulsory third party (CTP) insurance in South Australia from 1 July, 2016. 7 December 2015
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