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Stand expands Florida presence with launch of voluntary hurricane insurance product

Stand, a property insurance and risk mitigation company that uses advanced models to assess catastrophe risk at the individual household level, has launched the first voluntary hurricane insurance product in Florida. The launch marks the expansion of the company’s activities in the state and reflects its strategy of linking insurance pricing to property-level resilience improvements….

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W. R. Berkley appoints Kirk A. Parker as President, Berkley North Pacific

Commercial property and casualty insurance and reinsurer WR Berkley Corporation has appointed Kirk A. Parker president of Berkley North, effective immediately. Parker has nearly three decades of leadership experience in the property and casualty insurance industry. He also has expertise in optimizing operations and accelerating profitable growth in distribution networks. Most recently served as senior…

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Lincoln Financial promotes three to Senior Management Committee

Lincoln Financial, a US financial services company specializing in insurance, retirement and wealth management products, has announced the promotion of three senior executives to its Senior Management Committee (SMC). The company appointed Darrel Tedrow as executive vice president, president of life insurance and retail shared services; Curtis Chesney as executive vice president and president of…

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Aon Reinsurance Middle East announces key leadership appointments

Global insurance and reinsurance brokerage and risk advisor Aon has announced two key leadership appointments within Aon Reinsurance Middle East Limited. Hassan Elamin has been appointed interim managing director, Middle East, Africa and Türkiye. In this role, Elamin will oversee the adjunct business in the Middle East, Africa and Turkey, focusing on delivering tailored adjunct…

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Conning report says investment strategy may become a key differentiator for P&C insurers

Conning, an investment management firm specializing in insurance and institutional investors, has released a new perspective examining how property and casualty (P&C) insurers can adjust their portfolios as underwriting conditions become more competitive and the benefits of rising interest rates begin to wane. In the next differentiator: investment strategies in the evolving property and casualty…

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