Marsh promotes Adam Russell to global wholesale chief

[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] Transatlantic Underwriters (TAU), a Marietta, Georgia-based wholesale insurance brokerage specializing in transportation risks, has launched a new Property and Casualty (P&C) division. The expansion adds six new lines of business: Commercial General and Excess Liability, Commercial Property, Inland Marine, Builders Risk, and Garage. [ad_2] Source link

[ad_1] Beirne, who brings more than 20 years of experience in commercial insurance and Insurtech, will oversee MSIG USA’s actuarial function. His role will include managing reserving, pricing strategy, capital modelling and portfolio analytics. Beirne joins the company from Cover Whale, where he also served as chief actuary.  [ad_2] Source link

[ad_1] RSPE also considers a range of classes, including municipalities, public schools, community colleges, special service districts, and transit authorities. Eligibility is open to pools and individual risks, with a minimum self-insured retention (SIR) of $100,000 and a minimum premium of $125,000 per account. [ad_2] Source link

[ad_1] Interest in embedded auto insurance—offered through auto dealers, manufacturers, or financing companies—was reported by 37% of respondents. This type of insurance attracted more attention from younger customers, particularly those in Generations Y and Z, with 47% expressing interest. Among those who cited service as their primary reason for shopping, 48% said they were interested…

[ad_1] The bill would offer a tax credit for premiums paid in excess of $2,500 per vehicle [ad_2] Source link