On July 1st The Hanover completed its acquisition of the U.K.-based Chaucer Holdings PLC, a leading specialist Lloyd’s insurance group. Total consideration paid for the transaction amounted to approximately $474 million. “The combination of our companies represents an important milestone in our journey to build a world class property and casualty organization and to significantly […]
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New Analytical Support for Insurers Embracing UBI
In response to the auto insurance revolution caused by the rise of usage-based auto insurance (UBI) also known as “pay-as-you-drive”, the global consulting firm Towers Watson announced this week that it is now offering a new drive-score analytic service to insurers. DriveAbility will provide analytical support for insurers that translates to an individual score for […]
Listening and Learning from A Master – Agency Checklists Talks with Bob Dowling, The Dowling Insurance Agency
Bob Dowling, of The Dowling Insurance Agency, has spent more than 50 years in the insurance business. The first 29 as a company man for Kemper Insurance and then another 28 (and counting) as the President and Owner of The Dowling Insurance Agency, A Five Star Agency in Braintree, MA. Agency Checklists met with Mr. […]
Combat Cybercrime and Protect Your Agency With Simple Security Steps by Danielle Johnson
This article first appeared on the IIABA’s Agents Council for Technology website and has been reprinted with the permission of ACT and Ms. Johnson. The ACT website provides practical technology information for independent agents, brokers and the industry. What is Cybercrime? Like traditional crime, cybercrime covers a broad scope of criminal activity and can occur […]
Warm Well-Wishes for Retiring CAR President
There were lots of warm well-wishes for outgoing President Ralph “Buddy” Iannaco at yesterday’s CAR Governing Committee Meeting. The Governing Committee Chairman William Cahill gave a short speech at the end of the public meeting thanking Mr. Iannaco for his years of service at CAR and in particular, in his help in implementing the major […]