Allstate Canada has honoured Alexis Duncan with its 2022 National Community Hero Award. The award, now in its eighth year, recognizes employees who are dedicated to community outreach, service, and volunteerism. Speaking to Insurance Business, Duncan shared that her love for volunteering and charity work spans decades. “I’ve always had […]
Insurance
HDI Global SE in leadership and structure shake-up
HDI Global SE has announced new team roles as part of the insurer’s “underwriting transformation” activities. Changes include bringing together the company’s portfolio steering teams in property lines. Leading the centralized department is Dr Carsten Schulte, who is taking over from HDI Global veteran Walter Garhammer. The latter […]
Global broker launches new Risk Index
WTW and the University of Cambridge’s Centre for Risk Studies have announced the launch of the Airport Risk Index (ARI), which will allow the world’s airports to introduce new risk profiling methods to enhance their resilience planning. The ARI was presented to global airport executives at the annual […]
Insurance Business reveals Australia’s top brokerages for 2022
Insurance broking is a huge business – with intermediaries, such as brokers, placing approximately 55% of the $57.5 billion gross written premium (GWP) in the year to December 2021, according to the Australian Prudential Regulation Authority (APRA). Insurance Business Australia’s (IB) top brokerages for 2022 have done mega […]
Great American announces expansion of digital insurance platform
Great American Insurance Group has announced that it has expanded PolicySweet, a digital insurance platform for small commercial customers. The insurer’s new PolicySweet for Agents allows independent agents to provide live bindable commercial quotes directly from their agency website. Customers who prefer online shopping can secure coverage from […]
Final week to take part in 5-Star Carriers 2022 survey
Entries for the 5-Star Carriers 2022 survey will close this Friday, September 23. Brokers still have the time to rate their carriers for Insurance Business Canada’s annual showcase via this online form. The survey asks brokers to rate their major partners on key aspects such as innovation, broker communication, underwriting expertise […]
New federal taxes proposed for insurers and banks
The parliamentary budget officer estimates proposed new federal taxes on some financial institutions could generate $5.3 billion over the next five years. Two new PBO reports calculate the expected revenues from the Canada Recovery Dividend and a proposed permanent increase to corporate taxes on banks and life insurance […]
A wholesale success story | Insurance Business America
His childhood experiences have served him well, and today Power sits at the helm of a broking business that is targeting $500 million in revenue this year. His career has extended beyond wholesale broking, and he credits his time on the carrier side as having had a “real impact” on […]
CRC Group mourns death of broker
CRC Group announced that it is grieving the unexpected death of one of its brokers, Talmon Vice. The broker suddenly passed on September 11 in San Diego. Vice served CRC for over eight years, most recently as a casualty broker specializing in oil & gas, environment, and construction. […]
Earnix and Guidewire collaborate to integrate solutions
Guidewire, a solution ecosystem for the property-casualty industry, and Earnix, a provider of real-time rating, analytical underwriting, dynamic pricing, personalization and telematics services for the insurance industry, have announced a collaboration to facilitate faster adoption and increased ongoing performance of their shared offerings. Earnix has joined Guidewire PartnerConnect […]