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Security Group
Coming in second, Security Group spent $212,498 on commission and brokerage expenses in 2024, well in the range of the $311,904 it earned in premiums. This translates to a ratio of 68%, the highest the firm has recorded in five years.
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[ad_1] Martinez, who owns property in California and sits on a HOA board, notes a tangible shift in consumer awareness. “There’s way more engagement and attendance of landlords now as a byproduct of the surging insurance cost,” he said. “Whereas before, people didn’t even pay much attention to their insurance, now you have to, or…
[ad_1] The leadership changes also include Alexander Schlei, who has moved to the role of head of technical and strategic services. Both Schulte and Schlei report directly to Dirk Höring, a member of HDI Global’s executive board responsible for property, energy, engineering, marine, and HDI Risk Consulting. [ad_2] Source link
[ad_1] The case stemmed from disputes over insurance coverage for two commercial properties in Louisiana that were damaged during Hurricane Ida in August 2021. After the storm, the properties were sold to new owners – 3131 Veterans Blvd LLC and Mpire Properties LLC – who took over the rights under the existing insurance policies. The…
[ad_1] Aegon, the Dutch insurer whose American operations now underpin the majority of its earnings, is weighing a plan to relocate its corporate headquarters and legal base to the United States. The review underscores the growing dominance of Transamerica, its Baltimore-based subsidiary, within the group’s global strategy. [ad_2] Source link
[ad_1] The company offers a policy administration platform for the property and casualty insurance sector. Designed to support carriers, reinsurers, and managing general agents, the system covers the entire insurance policy lifecycle. It incorporates features such as artificial intelligence tools, predictive modeling, and data analytics. The platform has been adopted by more than 50 clients…
[ad_1] Now in its sixth year, the Global 100 list aims to spotlight insurance professionals who have played key roles in business development, operational leadership, industry advocacy, and innovation. The individuals selected have been recognized for contributing to their organizations’ performance, advancing industry knowledge, or addressing systemic challenges in the insurance sector. [ad_2] Source link
