Hamilton, Bermuda, April 19, 2011 – Alterra Capital Holdings Limited today announced several role changes and promotions that will affect its corporate and reinsurance operations, including the appointments of Greg Richardson as Executive Vice President, Underwriting Strategy and Business Analytics for Alterra, Jed Rhoads as Executive Vice President and Chief Underwriting Officer, Reinsurance for Alterra Bermuda, and Trevor Carvey as Executive Vice President and Chief Underwriting Officer, Reinsurance for Alterra Re UK. W. Ma Read more…
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation , today releases its Reinsurance Market Outlook – June & the pricing of Florida renewals was flat to -5 percent for Aon Benfield clients, which was directly in-line with the firm’s guidance published April 1. New Zealand renewals pricing at June 1 increased more than 100 percent due to the large and still uncertain losses from the series of events in Christchurch.
Florida accounts where clients opted for co-broking services averaged increases of 10 percent. Clients where Aon Benfield served as sole broker averaged decreases of 7.5 percent.
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Chicago, May 20, 2011 – Ryan Specialty Group, LLC announced today that it agreed to a trading partnership with Beazley Group under which Beazley will continue to offer insurance products to targeted long term care facilities in the U.S. through a program underwritten by RSG Underwriting Managers, and trading under the name Sapphire Blue. The company also announced that it has acquired from Beazley the renewal rights and certain related assets of Beazley’s U.S. long term care insurance portfolio. Adrian Cox, Head of Specialty Lines at Beazley, says, “We are pleased to enter into this long-term relationship with RSG and Patrick Ryan, whose long-standing ties with Lloyd’s are widely known. We look Read more…
Atlanta, GA – June 7, 2011 – Starr Aviation Agency, Inc. , a member of Starr Companies, is pleased to announce that Brian McBride has joined the company as Senior Vice President of Underwriting. Brian is based in Atlanta and will assume leadership responsibility for Starr Aviation’s USA Airline portfolio for which he has long been a highly respected leading market underwriter for this core class of the aviation sector. Brian brings over 32 years of specialized aviation underwriting and senior level management experience to the company. Bill Eason, President of Starr Aviation, commented “we are happy to have Brian join our underwriting and management team as we continue to build our aviation portfolio. The essence of our organization’s success is leadership and commitment. Both qualities are demonstrated and exemplified by the people of our organization. We welcome Brian to our team and look forward to working more closely with our customers and brokers utilizing his experiences and talents to forge solutions to the challenges which confront our customers daily.” Starr Companies, comprised of C. V. Starr & Co., Inc. Read more…
The Second City, Birmingham was always on the forefront of industrial development and is known as the cradle of technological revolution that has given us so many things we regard as obvious today. This beautiful city is still one of the leading industrial and commercial centers in the UK and it’s not a surprise that Birmingham car insurance is quite a sensitive topic for many people living in the City of Thousand Trades and the surrounding areas. With so many new cars appearing on the road these days it’s obvious that car insurance will get costlier in Birmingham and there are fair reasons for that.
You have certainly seen all those new cars coming out of numerous dealer centers in the city. Read more…
Earlier this month, comScore, Inc. released its 2011 Online Auto Insurance Report, the results of which pointed to the stabilization of online auto insurance activity by consumers in 2010 after the big growth that was seen in the sector in 2009.
From 2008 to 2009, there was tremendous growth in consumer auto insurance activity online, as consumers submitted 21 percent more auto insurance quotes online and purchased 22 percent more policies year-over-year in that span.
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