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Bermuda insurance and reinsurance markets face challenges this year after a difficult 2008, but high-quality investment portfolios and strong enterprise risk management capabilities should help soften the blow, a new study said.
Wholesale insurance broker Crump Group Inc. said its Ascensus division has agreed to acquire CUNA Mutual Group's IRA Services division. Terms of the deal were not released.
The Hartford Financial Services Group is suing Arch Insurance Group for allegedly poaching its financial products division of executives and stealing trade secrets.
The key to being a good salesperson is the ability to make cold calls, and building and sustaining relationships is not enough to make an independent agent a successful salesperson, a research study has found.
Today, insurance companies must manage more information than ever before. Many are still utilizing separate point solutions for policy administration, underwriting, claims management, and billing.
Reinsurer Guy Carpenter & Company, LLC, said it has named Richard Booth as vice chairman and Henry Keeling to the newly created position of president and chief executive officer of international operations.
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