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Beazley expands US terrorism underwriting capabilities

NEW YORK, April 23, 2014 (GLOBE NEWSWIRE) — Specialist insurer Beazley has expanded its US terrorism underwriting capabilities, responding to an upsurge in demand for standalone US domestic terrorism coverage. Lucy Straker and Joe Gilliland have joined Beazley’s Political Risks and Contingency Group, the division that insures political violence and terrorism risks, in New York. Ms. Straker joins Beazley from …

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Willis Report: Some Fortune 1000 Retailers Remain Silent on Cyber Threats

NEW YORK, April 23, 2014 (GLOBE NEWSWIRE) — A study of public documents reveals that the retail sector estimates their cyber exposures at higher levels than their non-retail peers in the U.S.-listed Fortune 1000; but some retail firms remained silent on the issue of cyber risk altogether, suggesting a potential shortfall by some firms in assessing cyber threats, according to …

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Guardian Appoints Marc Costantini as Chief Financial Office: 25-year industry veteran to head finance team for leading insurer

NEW YORK, April 23, 2014 — The Guardian Life Insurance Company of America (Guardian), one of the nation’s largest mutual life insurers and a leading provider of employee benefits, today announced it has appointed Marc Costantini Chief Financial Officer (CFO). He succeeds Robert Broatch who is retiring from the company after serving as CFO for the past 12 years.  Mr. …

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Guardian Diversifies Dental Business with Strategic Acquisition

Purchase of Premier Access strengthens Guardian’s existing dental network while expanding into the Medicaid and individual exchange markets     New York, NY, April 9, 2014 — The Guardian Life Insurance Company of America (Guardian), a leading provider of employee benefits and one of the largest dental insurers in the United States, today announced it has entered into an agreement …

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Willis Re Hires Greg Solomon to Capitalize on Rapid Growth in APMETA Life & Health Sector

HONG KONG, April 7, 2014 (GLOBE NEWSWIRE) — Willis Group Holdings (NYSE:WSH), the global risk advisor, insurance and reinsurance broker, has announced the recruitment of Greg Solomon to the International division of its reinsurance business, Willis Re. Solomon has been appointed Regional Director, Head of Life & Health in Asia-Pacific, Middle East, Turkey and Africa (APMETA). He will be based …

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Amica Insurance donates $41,000 to Boston Children’s Hospital

BOSTON, April 5, 2014 – As part of the Amica Game Ball program, Amica Insurance donated $41,000 to Boston Children’s Hospital in a check presentation during the Boston Celtics game on Friday night. Comcast SportsNet personality Kyle Draper hosted the event, as Robert A. DiMuccio, president, chairman and CEO of Amica Insurance, presented the check to Dick Argys, senior vice …

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The General(R) Selects Capgemini’s Insurance Connect for Claims

NEW YORK, March 27, 2014 (GLOBE NEWSWIRE) — Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, today announced that The General(R) auto insurance company has selected Capgemini’s Insurance Connect to support its claims processes. Insurance Connect is the industry’s first subscription-based, cloud service offering of Guidewire InsuranceSuite(TM) bringing best-in-class claims, policy administration, and billing capabilities …

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HEADWIND CAPITAL ACQUIRES STAKE IN SMP CONSULTING GROUP

Bay Shore, NY  March 24, 2014. SMP Consulting Group, the country’s leading workers’ compensation premium auditing firm as well as a distributor of specialty insurance products through its nationwide network of partners, today announced a significant capital investment in its capabilities by Headwind Capital. The announcement was made jointly by Greg Walker, President and CEO of the privately held Headwind …

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Ebix’s BPO Channel Renamed as Risk Compliance Solutions Channel (RCS)

ATLANTA, March 24, 2014 (GLOBE NEWSWIRE) — Ebix, Inc. (Nasdaq:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced that it has renamed its BPO channel as the Risk Compliance Solutions Channel (RCS) to convey the Channel’s enhanced focus on transaction and subscription based SaaS risk compliance solutions. The RCS Channel, formerly known …

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HCC Insurance Holdings to Present at J.P. Morgan 2014 Insurance Conference

HOUSTON, March 19, 2014 (GLOBE NEWSWIRE) — HCC Insurance Holdings, Inc. (NYSE:HCC) today announced that Chief Executive Officer Christopher J.B. Williams and Chief Financial Officer Brad T. Irick will be presenting at J.P. Morgan’s 2014 Insurance Conference in New York, New York on Wednesday, March 26, 2014, beginning at 9:00 a.m. Eastern Daylight Time. Headquartered in Houston, Texas, HCC Insurance …

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