Terrorism Risk Insurance Act

AM Best Affirms Credit Ratings of AMERISAFE, Inc. and Its Operating Subsidiaries

Retrieved on: 
Tuesday, August 8, 2023

The outlook of these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook of these Credit Ratings (ratings) is stable.
  • The ratings reflect AMERISAFE Insurance Group’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Newfront Supercharges Construction Focus by Welcoming Industry Veteran Kyle Duke

Retrieved on: 
Thursday, August 3, 2023

SAN FRANCISCO, Aug. 3, 2023 /PRNewswire/ -- Newfront, the tech-driven insurance brokerage firm based in San Francisco, is announcing the expansion of its dedicated construction team by officially welcoming Kyle Duke as Construction Loss Control Practice Leader. Duke joins veterans Adam Gabler, recently promoted to Regional Construction Leader, Southwest, and Bryan Martin, recently promoted to Head of Surety, among other seasoned professionals.

Key Points: 
  • SAN FRANCISCO, Aug. 3, 2023 /PRNewswire/ -- Newfront , the tech-driven insurance brokerage firm based in San Francisco, is announcing the expansion of its dedicated construction team by officially welcoming Kyle Duke as Construction Loss Control Practice Leader.
  • Duke joins veterans Adam Gabler, recently promoted to Regional Construction Leader, Southwest, and Bryan Martin, recently promoted to Head of Surety, among other seasoned professionals.
  • Duke joins experts Adam Gabler and Bryan Martin among other seasoned professionals on the Newfront construction team.
  • Duke joined Newfront this spring and brings more than 25 years of experience in the industry, including leading loss-control teams focused on construction at Marsh and Willis.

Best's Market Segment Report: Egypt’s Insurance Market Grows in Spite of Difficult Economic Conditions

Retrieved on: 
Wednesday, July 19, 2023

In its new Best’s Special Report, “Egyptian Insurance Market: Growth in Spite of Difficult Economic Conditions,” AM Best also comments on how legislative changes and the introduction of new accounting standards in 2023 are expected to impact Egypt’s insurers.

Key Points: 
  • In its new Best’s Special Report, “Egyptian Insurance Market: Growth in Spite of Difficult Economic Conditions,” AM Best also comments on how legislative changes and the introduction of new accounting standards in 2023 are expected to impact Egypt’s insurers.
  • In addition to new legislation, insurance companies in Egypt are also adopting new accounting standards—IFRS 9 and IFRS 17.
  • To access a complimentary copy of this market segment report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=333594 .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

EPIC Team Members Join Class of 2023 Power Brokers

Retrieved on: 
Wednesday, March 22, 2023

EPIC Insurance Brokers & Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that five of their team members earned recognition in Risk & Insurance Magazine’s 2023 Power Brokers awards.

Key Points: 
  • EPIC Insurance Brokers & Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that five of their team members earned recognition in Risk & Insurance Magazine’s 2023 Power Brokers awards.
  • Karen Harris and Patrick McGrade have been named Power Brokers; and Thompson Mackey, Vinny Perricone, and Matthew Rist were recognized as finalists.
  • Power Brokers stand out among their peers for their exceptional client service, industry knowledge, and problem-solving acumen.
  • Patrick McGrade, CEBS, GBA, RPA, Managing Principal, won his 2023 Power Broker status in the Employee Benefits category.

Alliant Insurance Services Honors 2023 Power Brokers

Retrieved on: 
Tuesday, February 28, 2023

Six Alliant Insurance Services professionals have been recognized as Risk & Insurance Power Brokers for 2023.

Key Points: 
  • Six Alliant Insurance Services professionals have been recognized as Risk & Insurance Power Brokers for 2023.
  • “Our 2023 Power Brokers exemplify that mindset and are continually finding ways to innovate and to help our clients succeed.”
    Alliant’s 2023 Power Brokers are:
    In addition to Alliant’s six winners, Vice President Billy Crocker was recognized as a Power Broker finalist in the Real Estate category.
  • The Risk & Insurance editors and writers evaluate Power Broker nominees according to their recent accomplishments and abilities to provide excellent risk solutions, customer service, and industry knowledge.
  • The judges also choose Power Broker winners based on the strength of client testimonials according to the award criteria—brokers’ creativity and problem-solving capabilities.

AM Best Affirms Credit Ratings of Park Assurance Company

Retrieved on: 
Friday, February 24, 2023

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Park Assurance Company (Park) (Colchester, VT).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Park Assurance Company (Park) (Colchester, VT).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Indonesia Inclusive Insurance Report 2022: An Open Door for an Innovative Inclusive Insurance Market - ResearchAndMarkets.com

Retrieved on: 
Friday, September 30, 2022

With most of the workforce in Ghana employed in the informal sector, inclusive insurance is a fundamental need to build the resilience of the population.

Key Points: 
  • With most of the workforce in Ghana employed in the informal sector, inclusive insurance is a fundamental need to build the resilience of the population.
  • The insurance industry and its regulator, the National Insurance Commission, have implemented various initiatives that have enabled the development of microinsurance in Ghana.
  • In 2021, a new Insurance Act was enacted, opening the door for innovative market development initiatives.
  • Mobile money contributed significantly to financial inclusion in Ghana which has been classified as the fastest growing mobile money market in Africa.

RingCentral® Enables Preferred Risk Insurance Services to Improve Customer Service as Call Volume Expands

Retrieved on: 
Friday, July 22, 2022

With RingCentral MVP (Message, Video, Phone) and RingCentral Contact Center, Preferred Risk Insurance will enable their employees to more efficiently respond to the needs of its fast growing customer base while giving employees the flexibility of working remotely.

Key Points: 
  • With RingCentral MVP (Message, Video, Phone) and RingCentral Contact Center, Preferred Risk Insurance will enable their employees to more efficiently respond to the needs of its fast growing customer base while giving employees the flexibility of working remotely.
  • Like many companies, Preferred Risk Insurance encountered significant challenges during the pandemic using legacy on-premises communications technology which caused call quality issues and broken customer experiences.
  • Headquartered in Bedford Park, Illinois, Preferred Risk Insurance Services (PRIS) is a professional services management company owned and operated under the Warrior Invictus Holding Co. umbrella.
  • RingCentral, Message Video Phone, MVP, RingCentral MVP, RingCentral Video, RingCentral Contact Center, Smart Video Meetings, and the RingCentral logo are trademarks of RingCentral, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220721005740/en/

AM Best Affirms Credit Ratings of AMERISAFE, Inc. and Its Operating Subsidiaries

Retrieved on: 
Thursday, July 14, 2022

The outlook of these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook of these Credit Ratings (ratings) is stable.
  • The ratings reflect AMERISAFE Insurance Groups balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Alliant Insurance Services Celebrates 2022 Elite Women Honorees

Retrieved on: 
Friday, June 10, 2022

Five outstanding trailblazers from Alliant Insurance Services have earned the prestigious honor of being named Elite Women by Insurance Business America.

Key Points: 
  • Five outstanding trailblazers from Alliant Insurance Services have earned the prestigious honor of being named Elite Women by Insurance Business America.
  • Our 2022 Elite Women honorees are exceptional leaders who have demonstrated the outstanding service and entrepreneurial thinking that sets Alliant apart, said Tom Corbett, Chairman and CEO of Alliant.
  • The 2022 Elite Women were celebrated with women throughout the U.S. who have been exceptional leaders, trailblazing the path for women in the industry and excelling in their respective fields.
  • Alliant Insurance Services is one of the nations leading distributors of diversified insurance products and services.