CETA Insurance Ltd

AGCS | July 02, 2020

Allianz Global Corporate & Specialty (AGCS), the industrial insurer of Allianz Group, has announced a comprehensive transformation program, “New AGCS”. The program aims to regain profitability and market leadership in the corporate and specialty insurance segment. The company has made a number of new leadership appointments as part of the move, and aims to strengthen its technical capabilities across its core underwriting and claims functions, streamline its organization and proc...

Core Insurance

Woodruff Sawyer | January 28, 2022

Woodruff Sawyer, one of the largest independent insurance brokerages in the US, today announced Ryan Meissner has been promoted to Vice President, SoCal Employee Benefits Practice Leader. Prior to his promotion, Ryan served four years as the Vice President of Data Analytics for Woodruff Sawyer. Previous to his roles at Woodruff Sawyer, Ryan held underwriting positions at Burnham Benefits and UnitedHealth Group. As Southern California Employee Benefits Practice Leade...

Windstorm Insurer | February 19, 2020

The wind and hail insurance carrier of last resort for counties along the Texas coast has determined that its 1-in-100 probable maximum loss (1:100 PML) for the 2020 catastrophe year is $4.2 billion. At a quarterly meeting in Austin on Dec. 18, the board of the Texas Windstorm Insurance Association directed staff to bring the association’s 2020 catastrophe funding up to the $4.2 billion mark through a combination of catastrophe bonds and traditional reinsurance. Together, the cat bonds and...

Risk Management

Truist Insurance Holdings, Inc | March 03, 2022

Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation and the sixth-largest insurance brokerage in the U.S., announced todaythat it has closed on the acquisition of Kensington Vanguard National Land Services (KV), one of the country's largest independent full-service national title insurance agencies. BridgeTrust Title Group, the company's existing title and settlement services business, will be integrated into and operate under the KV brand. The co...