Integro.(BROKER MOVES)
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Integro has named GARY MOORE, a managing principal, to the
additional role of marine practice leader. Moore, responsible for
growing the firm's marine presence, will report . . .
TriSure.(BROKER MOVES)
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TriSure, a Raleigh, N.C.-based independently owned insurance
brokerage and consulting firm, hired BOB FADES as chief Client advocate.
He will oversee the firm's property . . .
Allied North America: Greg Crocker.(BROKER MOVES)
Allied North America also named GREG CROCKER regional claims
manager out of its Georgia office. He will be responsible for
supervising claims management services in the Southeast. For the last
four . . .
Allied North America: Katie Wright.(BROKER MOVES)
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KATIE WRIGHT was promoted to the position of vice president of the
insurance department of the Georgia division of Allied North America, an
independent insurance and surety . . .
Marsh.(BROKER MOVES)
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Marsh has appointed GREG ARMS as global head of the firm's
Employee Benefits Practice. Based in New York, Arms will be responsible
for leading the firm's employee benefits . . .
Willis Group Holdings.(BROKER MOVES)
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JONATHAN PRINN was named managing director, strategic carrier
relationships, at Willis Group Holdings. Prinn will be based out of the
global broker's headquarters in London . . .
Hedging operational risk: if only you could turn back time!
Investors in hedge funds now have protection against major
meltdowns
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After the metaphorical light bulb appeared above their heads, it
took Integro's team two and a half years to develop the product
they called Hedge Shield. Working closely . . .
Quote of the month.(BROKERS: People, Ideas and Trends shaping the
Brokerage Community)
"Underwrites have limited experience and knowledge on
operational issues within the hedge fund industry."--REIKO NAHUM,
CEO, AMBER . . .
The deadly six: natural catastrophes have killed more people in
the first six months of 2008 than were killed in each of the ful
An earthquake in Sichuan, a cyclone in Myanmar, wild tornadoes and
flooding in the United States--the first six months of 2008 have proven
to be among the deadliest and costliest when it comes to . . .
Fighting the good fight: with increased competition among
commercial carriers will come an increased emphasis on cost cutting an
While the past couple of years have been profitable ones generally
for the global commercial insurance industry, a continued softening of
the property/casualty insurance market is going to create . . .
Twisted cities.(UPFRONT: News, Updates and Other Emerging
Strategies from Around the World)
A hazard mapping firm releases its top 10 cities at risk of
tornadoes.
1. DENVER *
2. HOUSTON
3. MIAMI
4. HOLLYWOOD, FLORIDA
5. TAMPA, FLORIDA
6. LINCOLN, FLORIDA
7. LAKELAND, FLORIDA
8. . . .
Cash for Sedgwick, PMSI: more industry moves coming, some experts
say.(UPFRONT: News, Updates and Other Emerging Strategies from
Sedgwiek CMS, the Memphis, Tenn.-based U.S. claims administrator,
pulled off something of a coup in June with the purchase by
Minneapolis-based UnitedHealth Group of a portion of the . . .
Mortgage insurers' vintage hangover: mortgage insurers are
going to have to boost loss reserves as carriers deny claims based on
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Break out the Tylenol!
Mortgage insurers are going to suffer one hell of a painful
hangover from the excesses of the real estate boom as they find
themselves forced to . . .
Quote of the month.(UPFRONT: News, Updates and Other Emerging
Strategies from Around the World)
"We try not to go in with both guns drawn, but instead work
diplomatically to look at inconsistencies and try and figure them
out."--NEIL JOHNSON, PREMIUM FRAUD INVESTIGATIONS UNIT, . . .
Keeping their distance.(REINSURANCE)
Underwriters for primary carriers open up about why they
they're happy to have their reinsurers as just partners, not their
chief underwriters.
To read the rest of this piece, please visit us on . . .
Climate change choices are coming.(UTILITIES)(Conference
notes)
With the certain arrival of a new administration, cabinet and
Congress in early 2009, the likely passage of legislation to cap carbon
emissions in the United States will have implications for . . .
Recession Schmecession.(CLAIMS)
Employers in a recent survey seemed to have it wrong when a
majority of them said that the current recessionary forces in our
economy will lead to no change in their workers' comp claims. . . .
Where Warren burrows.(CLAIMS)
Who says poking around a claims department can't be fun--for
the auditor, of course. Welcome to the world of Janet E. Warren, who if
she had her way, would feed on claims audits for breakfast, . . .
Cautious optimism for comp.(IN-DEPTH SERIES)
Workers' compensation experts remain cautiously optimistic on
the state of the market. Despite skyrocketing medical costs and other
areas of concern, industry players say they don't foresee any . . .
Linked in to risk management.(BILL ZACHRY)
Bill Zachry, vice president of risk management for Safeway Inc., is
exceptionally well wired--especially for a high-ranking, 53-year-old
corporate executive.
Zachry, who never goes anywhere . . .
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