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Aon Affinity partners with AXIS Insurance to offer lawyers professional liability program By IBR Staff Writer
Aon Affinity, the consumer, association and group program business of Aon announced that AXIS Insurance will be the new national program underwriter for Aon Attorneys Advantage, Aon Affinity’s professional liability insurance program for law firms.
General Insurance > Commercial lines > News
Ironshore International offers property coverage to M&A insurance lines By IBR Staff Writer
Ironshore International is introducing a Property coverage enhancement to its Mergers & Acquisitions business lines.
General Insurance > Commercial lines > News Protector buys SavePro Insurance Solutions in US By IBR Staff Writer
Protector Holdings, a joint venture between Edgewood Partners Insurance Center (EPIC) and Dowling Capital Partners, has acquired SavePro Insurance Solutions, for an undisclosed amount.
General Insurance > Commercial lines > News
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Hub International acquires Peterson Milaney Insurance Associates
By IBR Staff Writer
Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Peterson, Milaney Insurance Associates.
General Insurance > Commercial lines > News
Berkshire Hathaway Specialty Insurance names Tom Kocaj as vice president, Financial Institutions, Executive and Professional Lines
By IBR Staff Writer
Berkshire Hathaway Specialty Insurance (BHSI) today announced the appointment of Tom Kocaj as Vice President and head of Financial Institutions, Executive and Professional Lines.
General Insurance > Commercial lines > News
Fireman’s Fund Insurance expands wildfire response program
By IBR Staff Writer
In the midst of one of the most active wildfire seasons on record, Fireman’s Fund Insurance Company has expanded its wildfire program to include response services, which may include the application of fire-blocking solutions to a policyholder’s home and surrounding vegetation.
General Insurance > Commercial lines > News
China imposes $18m fine on insurance firms for price-fixing
By IBR Staff Writer
The Chinese government agency National Development and Reform Commission (NDRC) has imposed a fine of around CNY110m ($18m) on 22 insurance firms over price monopoly.
General Insurance > Commercial lines > News
Stay Water-worthy with GetMyBoat boat rental insurance
By IBR Staff Writer
GetMyBoat, the world’s leading peer-to-peer and charter marketplace, has launched a first-of-its-kind, global boat rental insurance product. With coverage that is offered to boaters who book through or use any service or platform, GetMyBoat is proud to lead the way and bring customized coverage to the docks.
General Insurance > Commercial lines > News
Willis to acquire IFG’s Irish pension and financial advisory businesses
By IBR Staff Writer
Willis Ireland is set to acquire Irish pension and financial advisory businesses from IFG Group, for an undisclosed amount.
General Insurance > Commercial lines > News
Global catastrophe-related insurance losses stand at $21bn for H1 2014
By IBR Staff Writer
According to preliminary sigma estimates, total economic losses from natural catastrophes and man-made disasters reached $44bn in the first half of 2014. The global insurance industry covered $21bn billion of these losses, down from USD $25bn in H1 2013 and lower than the average first-half year loss of the previous 10 years (USD $27bn). In all, more than 4 700 people lost their lives in disaster events in the first six months of this year.
General Insurance > Commercial lines > News
Munich Re collaborates with Steadfast to acquire insurer Calliden
By IBR Staff Writer
Munich Re insurance subsidiary Great Lakes Australia (GLA) has collaborated with broker network Steadfast Group to acquire Calliden Group.
General Insurance > Commercial lines > News
Enstar to acquire Companion Property and Casualty Insurance for $218m
By IBR Staff Writer
Bermuda-based Enstar Group has signed an agreement with US-based Blue Cross and Blue Shield to acquire Companion Property and Casualty Insurance Company for around $218m.
General Insurance > Commercial lines > News
Chubb's new crime insurance coverage helps protect firms from impostors
By IBR Staff Writer
The Chubb Group of Insurance Companies has created a crime insurance endorsement to help protect companies from an increasingly prevalent type of fraud.
General Insurance > Commercial lines > News
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