Resilience will be the overarching theme for 2022. However, whilst last year necessitated a faster pace of change than was perhaps ideal, looking forward, insurers will want to continue to adapt to protect their operations, market and promote customer retention. Customer demand for more interactive and efficient digital platforms and products is set to continue, which will … [Read more...] about 2022 insurance industry forecast: trends and future risks
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Buying English Law When You Place London Market Reinsurance?
Cedents based in the United States should be aware that they may be buying (or, indeed, have already bought years ago) English law to govern interpretation of their reinsurance contracts placed in the London market. In a US court presiding over a lawsuit involving reinsurance placed in London, English law can apply despite the American forum. In any given case, whether the … [Read more...] about Buying English Law When You Place London Market Reinsurance?
Genesis Legacy Solutions Completes ADC for AMS RRG
Genesis Legacy Solutions (“GLS”), part of Maiden Holdings, Ltd. (NASDAQ: MHLD), announced today an agreement to provide an adverse development cover (“ADC”) to Arizona-based Applied Medico-Legal Solutions Risk Retention Group (“AMS”). AMS provides medical professional liability coverage to individual physicians and physician groups, and today is one of the nation’s premier … [Read more...] about Genesis Legacy Solutions Completes ADC for AMS RRG
Expanding our Network: AIRROC Welcomes New Member and Two New Corporate Partners
AIRROC is excited to announce the addition of the Arkansas Insurance Department as a new Member and two new Corporate Partners: ANS Solutions, LLC and Gerber Ciano Kelly Brady, LLP. What a great way to kick off the New Year by expanding our network with the addition of these quality organizations. We are delighted to have the Arkansas Insurance Department, ANS Solutions, LLC … [Read more...] about Expanding our Network: AIRROC Welcomes New Member and Two New Corporate Partners
AIRROC Announces New Board Leadership, Officers and Directors for 2022
AIRROC is pleased to announce our 2022 slate of Officers. Heading up the board are Chair Bill Goldsmith (AIG) and Vice Chair Betsy Mitchell (A.G. Risk Management). Marianne Petillo (ROM) will continue to serve as Treasurer, Megan McHugh (Brandywine) as Secretary and Robert Hendel (Guy Carpenter) as Accountant. Immediate Past Chair, Bill Teich (The Hartford) rotated off as … [Read more...] about AIRROC Announces New Board Leadership, Officers and Directors for 2022