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Xceedance names new global COO
Sankaran has more than 30 years of experience in global operations and transformation roles across several industries, including insurance, healthcare, finance, procurement, and human resources. He has held senior positions at Wipro, Accenture, GeBBS Healthcare Solutions, WNS, GE Capital, and Pfizer, managing global teams and client portfolios in various market conditions. Source link
Ascot’s Lloyd’s Syndicate 1414 sees profit decline in 2024
Decline due to heavy catastrophe losses and the Baltimore bridge disaster Source link
Florida insurance oversight debate heats up as DFS counters OIR criticism
The state’s unique bifurcated regulatory structure involves two primary entities: the DFS, traditionally led by the chief financial officer and responsible for managing consumer services, including the intake and initial processing of insurance complaints; and the OIR, headed by the insurance commissioner, overseeing insurer licensing, rate approvals, and market conduct examinations. Source link
Protecting Your Business—and the Planet—From Pollution Risks
Earth Day reminds us of the profound impact our choices have on the environment. For businesses, this responsibility extends beyond daily operations to encompass the broader community and ecosystem. Your decisions regarding practices like waste disposal, chemical storage, and emissions can influence the well-being of the environment around you and your company’s sustainability and reputation….
FCCI expands E&S to include property, inland marine, and crime
FCCI Insurance Group operates through more than 3,800 independent agents across 20 states and Washington, D.C. Its product line includes coverage for auto, crime, cyber liability, equipment, excess & surplus, property, general liability, inland marine, umbrella, and workers’ compensation, among others. Additionally, FCCI writes contract and commercial surety bonds in 45 states. Source link
Former Aon EVP Todd Jones joins CRC Group as growth chief
Healthcare expansion, rebrand for CRC Last month, the wholesale specialist also announced the hiring of Matt Zelenc as senior vice president within CRC Specialty’s ExecPro and Healthcare Practice Groups. In this role, he oversees a team specializing in management and professional lines of coverage, including healthcare services, private company management liability, and cyber liability. Source…