Travelers Cos., the lone property insurer in the Dow Jones Industrial Average, promoted Alan Schnitzer to chief executive officer of the newly created business and international insurance segment.

Cyber insurance is essential for businesses today, but acquiring the appropriate coverage is a challenge.

Customers and agents expect anytime, anywhere, any-device capabilities, and insurers that cant deliver them risk falling behind in a mobile-enabled world.

Endurance Specialty Holdings Ltd. began an exchange offer for shares of Aspen Insurance Holdings Ltd. as part of a $3.2 billion effort to acquire the insurer.