Insurance hires: AM Specialty, Brown & Riding

[ad_1] Veteran strategist brings reputation expertise to support branding across two countries [ad_2] Source link

[ad_1] As insurers retreat from some markets, policyholders are facing skyrocketing premiums, stricter underwriting and unexpected policy cancelations [ad_2] Source link

[ad_1] Workforce reductions and expansion efforts  In 2023, GEICO announced significant workforce reductions, laying off approximately 6% of its employees, or about 2,000 staff members, as part of a broader industry trend. This move followed similar actions by other major insurers, including Farmers Insurance, State Farm, and Allstate, which curtailed operations in Florida, California, and…

[ad_1] Katherine Gerber, AXA XL’s head of energy transition, said, “Our capabilities and commitment to helping clients address energy risks has been well received, and having Eric onboard only strengthens our ability in helping clients navigate through complex risks.” [ad_2] Source link

[ad_1] Meanwhile, Ardonagh’s 2024 Sustainability Report outlined progress on environmental, social and governance (ESG) initiatives, including over $7 million raised by its registered charity, ACT, and key milestones in its community grant and colleague match-funding programmes. [ad_2] Source link

[ad_1] “This acquisition is part of our strategic effort to scale high-growth broking businesses and expand our capabilities across the insurance value chain,” said Scott Burnett, head of corporate mergers and acquisitions for WTW’s risk and broking division. “GCC brings strong market penetration, especially in the trade credit space, and will significantly enhance our scale…