Fewif anyindustries would seem to face a greater existential threat from the effects of climate change than insurance. As flood waters rise, as hurricanes and tornadoes grow more intense and as droughts last longer, trillions of dollars of insured assets are at risk. In the ugliest scenario imaginable, even the...
As vice president of Risk Management for Hyatt Hotels Corp., a Fortune 1000 company with nearly 500 properties in 45 countries, Mark Baker is responsible for every aspect of the companys global insurance program, as well as its health & safety, Workers Compensation, claims-management and crisis-management functions.
Greg Thompson is the new president of Markel Specialty, a division of Virginia-based insurer Markel Corp. In 1979 he formed Thompson Insurance Enterprises (ThomCo) with his father, Roy, and led the company for 32 yearsgrowing it from a small wholesale operation to a large program administrator. Markel acquired ThomCo on...
In sports terms, 2012 has been what one could call a rebuilding year, as P&C carriers looked to recover from a disastrous 2011 and a string of heavy losses. For many carriers, 2012 was a time to totally reappraise their roster of risks, which meant both exploring new lines of...
In sports terms, 2012 has been what one could call a rebuilding year, as P&C carriers looked to recover from a disastrous 2011 and a string of heavy losses. For many carriers, 2012 was a time to totally reappraise their roster of risks, which meant both exploring new lines of...
In sports terms, 2012 has been what one could call a rebuilding year, as P&C carriers looked to recover from a disastrous 2011 and a string of heavy losses. For many carriers, 2012 was a time to totally reappraise their roster of risks, which meant both exploring new lines of...
In his new role as Senior Vice President of Excess & Surplus Lines at Philadelphia Insurance Cos., Scott Bayer will be tasked with defining the carriers presence in the nonadmitted market, identifying profitable target niches, expanding the insurers product offerings to existing agents and expanding its distribution sources.