Liberty Mutual

Auto Insurance Shopping and Switch Rates Reach New Highs as Premiums Surge, J.D. Power Finds

Retrieved on: 
Thursday, April 27, 2023
Technology, Insurance, Automotive, General Automotive, Professional Services, Business, Software, Data Analytics, Data Management, Artificial Intelligence, J.D. Power, Erie Insurance Group, Multimedia, Liberty Mutual, Automobile Club of Southern California, GEICO, UBI, SM, AAA, State Farm, Safety, Retail, Online shopping

The nation’s auto insurers are locked in a vicious cycle of inflation, rising premiums and steadily increasing customer defection rates.

Key Points: 
  • The nation’s auto insurers are locked in a vicious cycle of inflation, rising premiums and steadily increasing customer defection rates.
  • Power 2023 U.S. Insurance Shopping Study,SM released today, is a sharper focus on saving money as large numbers of auto insurance customers shop for new policies and switch to new carriers, largely based on price.
  • View the full release here: https://www.businesswire.com/news/home/20230427005035/en/
    “Auto insurance customers are starting to shop for insurance like they shop for gas,” said Stephen Crewdson, senior director, insurance business intelligence at J.D.
  • Price hikes spur new-policy shopping rates: Auto insurance costs rose 14.5% in February 2023, more than twice the rate of inflation (6%), making auto insurance account for a steadily increasing share of consumer discretionary spending.

AM Best to Participate on Innovation Panel at the InsurTech Hartford Symposium 2023

Retrieved on: 
Tuesday, April 25, 2023
Banking, Professional Services, Insurance, Finance, ALL, Culture, Innovation, Traveler, Credit, Liberty Mutual, EDT, Mohegan Sun, Publishing, AM, News, Management

AM Best Senior Director Sridhar Manyem will moderate a panel discussion at the InsurTech Hartford Symposium 2023, which will take place on May 2-3, 2023, at Mohegan Sun in Hartford, CT.

Key Points: 
  • AM Best Senior Director Sridhar Manyem will moderate a panel discussion at the InsurTech Hartford Symposium 2023, which will take place on May 2-3, 2023, at Mohegan Sun in Hartford, CT.
  • The panel will discuss approaches on how organizational structure and culture can foster innovation, including AM Best’s process of assessing innovation.
  • For more information about the InsurTech Hartford Symposium 2023, please visit the organization’s conference website .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

MJV Innovation Sponsors InsureTech Connect LATAM

Retrieved on: 
Monday, April 17, 2023
Insurance, Heart, Fontainebleau Miami Beach, Bradesco Seguros, Zurich Insurance Group, Innovation, MJV, Liberty Mutual, Fintech, Aegon, LATAM, Financial adviser, Mapfre

MIAMI, April 17, 2023 /PRNewswire/ -- MJV Technology & Innovation is sponsoring this year's InsureTech Connect in Miami.

Key Points: 
  • MIAMI, April 17, 2023 /PRNewswire/ -- MJV Technology & Innovation is sponsoring this year's InsureTech Connect in Miami.
  • With a focus this semester on the LATAM market, InsureTech is the largest gathering of insurance industry leaders.
  • "We are excited to be partnering with InsureTech Connect during an important moment for the insurance industry," says MJV CEO Mauricio Vianna.
  • MJV Innovation's team serves leading insurance companies in areas including innovation, business transformation and analytics.

Putting people at the heart of hybrid work: Zoom to acquire Workvivo to bolster the employee experience offering

Retrieved on: 
Friday, April 14, 2023
Lululemon Athletica, Heart, Ryanair, Luigi, Madison Square Garden, History, Liberty Mutual, Organization, Acquisition, SAN, Environment, Management, Zoom

SAN JOSE, Calif., April 14, 2023 (GLOBE NEWSWIRE) -- Behind work are workers. Real everyday people. People who work to live, not live to work. People who need a sense of belonging. It’s a simple concept that often gets forgotten as priorities and demands take over the workday.

Key Points: 
  • It’s a simple concept that often gets forgotten as priorities and demands take over the workday.
  • “Workvivo has set the standard for employee communications, helping businesses reach and engage millions of employees worldwide.
  • Following the close of the transaction, Zoom plans to incorporate Workvivo’s capabilities into its platform to deliver a best-in-class, employee experience.
  • Workvivo's founders John Goulding and Joe Lennon, and the entire Workvivo team, will be instrumental in driving employee experience innovation strategy.

Coach Mike Krzyzewski and author Michael Lewis named as keynote speakers for SAS Innovate

Retrieved on: 
Thursday, April 13, 2023
Hyatt, Vanity Fair, HSBC, Duke University, Oscar, Politics, The New York Times Magazine, The New Yorker, Georgia-Pacific, Business, Blindside, JPMorgan Chase, FDIC, Microsoft, Hyatt Regency London – The Churchill, National bank, United States national team, Liberty Mutual, Lewis, New Yorker, SAS, SKY Brasil, Truist, Bloomberg, CARY, Premonition, Chase, AI, Duke University Pratt School of Engineering, Moneyball, Book, National Bank of Canada, Ulta Beauty, Industrial design, Management, Parexel

CARY, N.C., April 13, 2023 /PRNewswire/ -- Mike Krzyzewski, the legendary former head coach of Duke University's men's basketball and Team USA, and Michael Lewis, best-selling author of The Premonition, The Blind Side, Moneyball, and The Big Short, will be featured as keynote speakers at SAS Innovate 2023. The flagship event from the AI and analytics leader, set for Orlando, FL, May 8-10, will help business leaders and analytics experts from across industries discover the ways AI and cloud analytics can help them respond to the challenges of today and tomorrow.

Key Points: 
  • Legendary speakers join packed lineup at premier event focused on future of data, analytics and AI
    CARY, N.C., April 13, 2023 /PRNewswire/ -- Mike Krzyzewski, the legendary former head coach of Duke University's men's basketball and Team USA, and Michael Lewis, best-selling author of The Premonition, The Blind Side, Moneyball, and The Big Short, will be featured as keynote speakers at SAS Innovate 2023.
  • Mike Krzyzewski and Michael Lewis will hit the stage at SAS Innovate in Orlando, FL, May 8-10.
  • Coach K has achieved success at the national and international level through world-class team-building, inspirational leadership and attention to detail.
  • Known by fans around the world as "Coach K," Krzyzewski led Duke to five national championships and Team USA to three Olympic gold medals.

18th Edition of BFSI IT Summit: Singapore

Retrieved on: 
Thursday, April 6, 2023
Asia/Pacific Group on Money Laundering, International Finance Corporation, Private, Sovereignty, Liberty Mutual, DWS Group, International finance, Vision 2025, Public sector banks in India, Consumer, Standard Chartered, Knowledge, Region, BFSI, Summit, Tutoring, Fintech

SINGAPORE, Apr 6, 2023 - (ACN Newswire) - The Singaporean banking sector has long been a powerhouse in Southeast Asia, playing a pivotal role in the region's financial landscape.

Key Points: 
  • SINGAPORE, Apr 6, 2023 - (ACN Newswire) - The Singaporean banking sector has long been a powerhouse in Southeast Asia, playing a pivotal role in the region's financial landscape.
  • Trends in this dynamic industry have evolved considerably in recent years, driven by factors such as technological advancements, changing customer expectations, and mounting regulatory pressures.
  • The 18th Edition of BFSI IT Summit, is taking place on 12th May 2023 in Singapore.
  • The Summit is taking place with the support of Singapore Fintech Association, ASIFMA (Asia Securities Industry & Financial Markets Association), Fintech Association of Hong Kong.

James River Announces Director Appointment

Retrieved on: 
Thursday, April 6, 2023
Insurance, Bachelor of Science in Nursing, Vice, Providence College, KPMG, Liberty Mutual, Audit committee, USS Constitution Museum, Trustee, Centre for Study of Insurance Operations, Management

PEMBROKE, Bermuda, April 06, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) today announced that Dennis J. Langwell has been appointed to the Company’s Board of Directors (the “Board”) as an independent, non-executive member, effective immediately.

Key Points: 
  • PEMBROKE, Bermuda, April 06, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) today announced that Dennis J. Langwell has been appointed to the Company’s Board of Directors (the “Board”) as an independent, non-executive member, effective immediately.
  • With the appointment of Mr. Langwell, the Board increased its size from 9 to 10 directors.
  • Mr. Langwell was appointed to the Audit Committee of the Board.
  • “We are very pleased to welcome Dennis to our Board,” said Frank D’Orazio, the Company’s Chief Executive Officer.

Berkshire Hathaway Homestate Companies (BHHC), Workers Compensation Division Names Rick Fineman as Vice President of Loss Control

Retrieved on: 
Tuesday, April 11, 2023
Professional Services, Insurance, Finance, Berkshire Hathaway, Risk, University, Senior, Accident, Central Washington University, Data analysis, Escape sequences in C, Integrated Risk Management Services, Health, Port, Risk management, Multimedia, Liberty Mutual, Berkshire, Associate, American Society of Safety Professionals, AVP, University of Washington Information School, Certified safety professional, Toxicology, Distribution, Knowledge, Loss-control consultant, Society, Fineman, Safety, Injury, Management, Science, Chemistry, Research

Berkshire Hathaway Homestate Companies (BHHC), Workers Compensation Division, is pleased to announce the addition of Rick Fineman to the Senior Leadership team as the Vice President of Loss Control.

Key Points: 
  • Berkshire Hathaway Homestate Companies (BHHC), Workers Compensation Division, is pleased to announce the addition of Rick Fineman to the Senior Leadership team as the Vice President of Loss Control.
  • In collaboration with Danny Engell, Senior Vice President and Chief Underwriting and Data Analytics Officer, Rick will lead the company's loss control strategy, advancing the organization’s growth in safety and risk management.
  • View the full release here: https://www.businesswire.com/news/home/20230411005843/en/
    Rick Fineman, Vice President of Loss Control, Berkshire Hathaway Homestate Companies (Photo: Business Wire)
    “Rick is a seasoned occupational safety and risk management professional with substantial experience working across a broad range of industries.
  • “We are thrilled to welcome Rick to our organization,” said Danny Engell, Senior Vice President and Chief Underwriting and Data Analytics Officer.

Horace Mann names industry veteran Stephen J. McAnena to newly created role of Executive Vice President and Chief Operating Officer

Retrieved on: 
Tuesday, April 11, 2023
Professional Services, Education, Health, Insurance, Health Insurance, Finance, Other Education, Financial services, Life, Horace Mann Educators Corporation, Stephen McAnena, Liberty Mutual, Acquisition, Multimedia, HMN, Horace Mann, NYSE, Farmer, Management

Horace Mann Educators Corporation (NYSE: HMN) today announced it has named Stephen J. McAnena as Executive Vice President and Chief Operating Officer effective May 8, 2023.

Key Points: 
  • Horace Mann Educators Corporation (NYSE: HMN) today announced it has named Stephen J. McAnena as Executive Vice President and Chief Operating Officer effective May 8, 2023.
  • “Steve is an accomplished leader with an outstanding track record of driving strategic outcomes that enhance value,” Zuraitis commented.
  • “We are excited to welcome Steve to the Horace Mann team.
  • I look forward to working with this talented team to bring more of Horace Mann’s solutions to more educators and contributing to the achievement of Horace Mann’s long-term objectives.”

Safety Insurance Group, Inc. Announces Board of Director Updates

Retrieved on: 
Wednesday, April 5, 2023
Insurance, Professional Services, HUB, Annual Meetings of the International Monetary Fund and the World Bank Group, SAFT, Liberty Mutual, Retirement, Annual general meeting, CFO, Growth, Centre for Study of Insurance Operations, Region, Hub International, Management, Safety

“David has been instrumental in building Safety Insurance into a leading property and casualty writer in New England.

Key Points: 
  • “David has been instrumental in building Safety Insurance into a leading property and casualty writer in New England.
  • Personally, David has been a great mentor to me both as previous CEO and as the Chairman of the Board.” said George M. Murphy, President and Chief Executive Officer of Safety.
  • Murphy has led Safety to continued success over his tenure, consistently generating positive underwriting results, while growing the surplus of the insurance entities.
  • Mr. Brophy and Mr. Langwell bring strong insurance and financial backgrounds that support our efforts as a leading independent agent insurance carrier in New England.