All articles by Verdict Staff
Verdict Staff
Towergate Insurance names CEO of network division
Towergate Insurance Plc, a UK-based entrepreneurial company, has appointed Gary Duggan as CEO of its network division, effective 11 February.
Michael La Fleur joins Barney & Barney
Barney & Barney, LLC, one of the nations largest independent insurance brokerages, today announced that Michael La Fleur, who has more than 20 years of experience in business insurance and risk management, has been named Client Executive.
Legal & General completes UKPIF with FIX portfolio acquisition
Legal & General Property announces, on behalf of its UK Property Income Fund, that it has acquired the FIX Portfolio from a consortium of investors represented by Paradigm Real Estate Managers.
Integro names Chicago operations leader
US-based Integro Insurance Brokers has named Thomas Zacharopoulos, managing principal and the firm’s market relations leader, as Chicago operations leader.
Connecticut Health Insurance Exchange partners with office of Healthcare Advocate
The Connecticut Health Insurance Exchange and the Office of the Healthcare Advocate have agreed to a partnership to administer Connecticut’s Navigator and In Person Assistance Programs (NIPA).
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Munich Re introduces first performance guarantee insurance for LED
Munich Re has introduced ground-breaking insurance coverage with the US lighting company Xicato. Xicato provides its customers with a 5-year performance guarantee on its LED modules for colour consistency and lumen maintenance. Munich Re will now assume a portion of the financial risk the guarantee entails.
Hilb Group acquires Pennoyer Group
The Hilb Group, LLC (THG), a US-based insurance broker, has acquired The Pennoyer Group, Inc. from its shareholders, effective 31 January 2013.
Genworth US Mortgage Insurance introduces Simply Underwrite guidelines
Lenders now are able to offer simplified and expanded national mortgage underwriting guidelines that allow lower credit scores and eliminate nearly all geographic restrictions using new Simply Underwrite (SM) guidelines from Genworth US Mortgage Insurance (USMI), a unit of Genworth Financial, Inc.
JLT Re appoints CEO of reinsurance operations in China, Hong Kong
UK-based JLT Reinsurance Brokers Limited (JLT Re) has appointed Henry To as chairman and CEO of its reinsurance operations in China and Hong Kong.
Swett & Crawford acquires Southern Hospitality Underwriters
In an expansion of its specialized program business, Swett & Crawford acquired the assets of Griffin, Georgia -based Southern Hospitality Underwriters Inc., a regional firm specializing in business insurance for the limited service hotel/motel space.