Lexington Insurance Company

Industry Veteran Jeremy Johnson Joins CLARA Analytics Board

Retrieved on:

Wednesday, March 20, 2024

CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced it has appointed Jeremy Johnson , former CEO of Protective Insurance, to its board of directors.

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CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced it has appointed Jeremy Johnson , former CEO of Protective Insurance, to its board of directors.
Johnson will further bolster the company’s deep bench of industry veterans, solidifying CLARA’s position as the leading innovator in AI technology for commercial claims management.
“CLARA’s platform represents a pivotal advancement for the P&C industry, and as a former CEO, it’s something I would have eagerly embraced,” expressed Johnson.
CLARA Analytics is a silver sponsor of the fifth annual InsurTech NY Conference , being held March 20-21, 2024, in New York City.

Insurance Quantified Welcomes Jeremy Johnson as Strategic Advisor

Retrieved on:

Thursday, September 7, 2023

U.S. Commercial Service in Taiwan, Insurance, Payment protection insurance, Advisory Council, Protection, P&C, Lexington Insurance Company, AIG, Management

NEW YORK, Sept. 7, 2023 /PRNewswire/ -- Insurance Quantified, a leading commercial P&C underwriting technology provider, today announced the appointment of Jeremy Johnson as the company's latest strategic advisor.

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NEW YORK, Sept. 7, 2023 /PRNewswire/ -- Insurance Quantified, a leading commercial P&C underwriting technology provider, today announced the appointment of Jeremy Johnson as the company's latest strategic advisor.
He is the retired CEO of Protective Insurance, where he was one of Insurance Quantified's inaugural customers.
"I'm excited to join Insurance Quantified in an advisory capacity," said Johnson.
"We're delighted to welcome Jeremy to our advisory team," said Brian Modesitt, Chief Executive Officer of Insurance Quantified.

AM Best to Host Webinar on Today’s Surplus Lines Market

Retrieved on:

Thursday, August 17, 2023

Insurance, Professional Services, ALL, Lexington Insurance Company, EDT, Ballard, Data, National Property Inspections, RT, News

AM Best will host a complimentary webinar, titled, “Inside Today’s Surplus Lines Market,” co-sponsored by WSIA Education Foundation and Lexington Insurance, on Thursday, Sept. 14 at 11:00 a.m. (EDT).

Key Points:

AM Best will host a complimentary webinar, titled, “Inside Today’s Surplus Lines Market,” co-sponsored by WSIA Education Foundation and Lexington Insurance, on Thursday, Sept. 14 at 11:00 a.m. (EDT).
A panel of industry leaders in the surplus lines sector of the U.S. insurance market will review the market and highlights of a new report.
Brenda (Ballard) Austenfeld, chief executive officer & president, National Property, RT Specialty;
Attendees can submit questions during registration or by emailing [email protected] .
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Allianz Global Corporate & Specialty Appoints Jarrod Schlesinger as North American Head of Financial Lines

Retrieved on:

Thursday, February 2, 2023

Professional Services, Other Professional Services, Insurance, Finance, Consulting, Banking, MBA, Lloyd, United Kingdom, Financial institution, JD, Lexington Insurance Company, Emory University, AIG, Law, Management, Chubb, Economics

Allianz Global Corporate & Specialty (AGCS) announced today that Jarrod Schlesinger has been appointed Regional Head of Financial Lines in North America, effective Feb. 13, 2023, reporting to Bill Scaldaferri, President and CEO of AGCS North America, with a matrix reporting line to Vanessa Maxwell, Global Head of Financial Lines.

Key Points:

Allianz Global Corporate & Specialty (AGCS) announced today that Jarrod Schlesinger has been appointed Regional Head of Financial Lines in North America, effective Feb. 13, 2023, reporting to Bill Scaldaferri, President and CEO of AGCS North America, with a matrix reporting line to Vanessa Maxwell, Global Head of Financial Lines.
Schlesinger joins AGCS from Chubb where he most recently held the title of Chief Operating Officer, North American Financial Lines.
Prior to COO, he served in a variety of senior roles, including Executive Vice President within Financial Lines for Chubb for nearly 14 years.
“Jarrod has a stellar track record in the Financial Lines arena and is well-respected for his product strategy and market knowledge critical to growing our portfolio in North America,” stated Scaldaferri.

Michelle Sipple Joins Crum & Forster as Senior Vice President, Inland Marine

Retrieved on:

Wednesday, February 15, 2023

Fireman's Fund Insurance Company, Practice, Fairfax Financial, Hanover Insurance, Michelle, Builder's risk insurance, Inland marine insurance, Temple University, Equipment, Risk, Crum, Lexington Insurance Company, Chubb, Mount Everest, Contractor, Crum & Forster Building, Growth, Insurance

MORRISTOWN, N.J., Feb. 15, 2023 /PRNewswire/ -- Crum & Forster (C&F) announces that Michelle Sipple – a respected industry veteran – has joined the company to lead the Inland Marine practice within its Property Lines Division. In this role, Ms. Sipple is responsible for strategic initiatives to drive growth and profitability for the company's inland marine book.

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Recognized Leader Brings Decades of Experience, Industry Expertise to C&F's Growing Practice
MORRISTOWN, N.J., Feb. 15, 2023 /PRNewswire/ -- Crum & Forster (C&F) announces that Michelle Sipple – a respected industry veteran – has joined the company to lead the Inland Marine practice within its Property Lines Division.
In this role, Ms. Sipple is responsible for strategic initiatives to drive growth and profitability for the company's inland marine book.
"Ms. Sipple is an accomplished Inland Marine underwriting professional with experience in Builders Risk, Motor Truck Cargo and Contractor's Equipment," said Steve Fomchenko, President, Property Lines Division, Crum & Forster.
She also serves on the Board of the Inland Marine Underwriters Association (IMUA) – a national association for the commercial inland marine insurance industry in the U.S.
"Crum & Forster's Inland Marine unit has an established team of experienced underwriters who understand the complexities of this highly specialized line of business," shared Ms. Sipple.

Lexington Insurance Launches Middle Market Casualty Group, Expanding Coverage to Small-to-Medium Size Commercial Enterprises

Retrieved on:

Thursday, September 8, 2022

Lexington Insurance Company, an American International Group, Inc. (AIG) company, today announced the launch of the Lexington Middle Market Casualty team, a group of dedicated underwriters focused on providing insurance coverage exclusively to small-to-medium-sized commercial enterprises, substantially expanding the companys market reach beyond upper middle-market and large enterprises.

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Lexington Insurance Company, an American International Group, Inc. (AIG) company, today announced the launch of the Lexington Middle Market Casualty team, a group of dedicated underwriters focused on providing insurance coverage exclusively to small-to-medium-sized commercial enterprises, substantially expanding the companys market reach beyond upper middle-market and large enterprises.
The group will provide coverage to classes of business in construction, manufacturing, and the commercial, service, retail, and real estate industries.
The launch of Lexingtons Middle Market Casualty team is an important next step in expanding our presence in the SME space as part of our overall Middle Market strategy, said Lou Levinson, President and Chief Executive Officer, Lexington Insurance Company.
The opportunity for smaller enterprises to access Lexingtons expertise and capacity has been a welcomed development for the market.

AM Best to Host Webinar on State of the U.S. Surplus Lines Market

Retrieved on:

Monday, August 29, 2022

Consulting, Professional Services, Insurance, Finance, Insurance, EDT, Data, ALL, Lexington Insurance Company, News, Industry, Reinsurance, WSIA

AM Best will host a complimentary webinar, titled, Inside Todays Surplus Lines Market, cosponsored by the WSIA Education Foundation and Lexington Insurance Company, on Thursday, Sept. 8, 2022, at 11:30 a.m. (EDT).

Key Points:

AM Best will host a complimentary webinar, titled, Inside Todays Surplus Lines Market, cosponsored by the WSIA Education Foundation and Lexington Insurance Company, on Thursday, Sept. 8, 2022, at 11:30 a.m. (EDT).
During the webinar, a panel of industry leaders in the surplus lines sector of the U.S. insurance market will review the market and highlights of a new report on that sector.
Bryan Clark, president, WSIA and Gorst & Compass Insurance;
Lou Levinson, president & chief executive officer, Lexington Insurance Co.;
Attendees can submit questions during registration or by emailing [email protected] .
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best to Host Webinar: Inside Today’s Surplus Lines Market

Retrieved on:

Monday, August 15, 2022

Consulting, Professional Services, Insurance, Finance, Industry, ALL, Lexington Insurance Company, Data, News, Insurance, EDT, Reinsurance, WSIA

AM Best will host a complimentary webinar, titled, Inside Todays Surplus Lines Market, cosponsored by the WSIA Education Foundation and Lexington Insurance Company, on Thursday, Sept. 8, 2022, at 11:30 a.m. (EDT).

Key Points:

AM Best will host a complimentary webinar, titled, Inside Todays Surplus Lines Market, cosponsored by the WSIA Education Foundation and Lexington Insurance Company, on Thursday, Sept. 8, 2022, at 11:30 a.m. (EDT).
During the webinar, a panel of industry leaders in the surplus lines sector of the U.S. insurance market will review the market and highlights of a new report on that sector.
Bryan Clark, president, WSIA and Gorst & Compass Insurance;
Lou Levinson, president & chief executive officer, Lexington Insurance Co.;
Attendees can submit questions during registration or by emailing [email protected] .
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Mulberry Closes $22 Million Series B Financing Round to Transform the Product Protection Experience for Shoppers and Retailers

Retrieved on:

Wednesday, October 13, 2021

Mulberry delivers a best-in-class customer warranty experience seamlessly embedded into online retailers' websites and offered through a Google Chrome browser extension.

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Mulberry delivers a best-in-class customer warranty experience seamlessly embedded into online retailers' websites and offered through a Google Chrome browser extension.
Proceeds from this financing round will be used to scale the Mulberry team, especially in engineering and customer experience.
"We're thrilled with this new investment because it will help us execute on our vision to transform the product protection experience for both shoppers and retailers," said Chinedu Eleanya, Mulberry CEO and co-founder.
The company's growth, customer-focus, and exceptional team makes us confident in their ability to transform how consumers experience product protection."

Best’s Market Segment Report: With Expanding Opportunities, U.S. Surplus Lines Industry Posts Largest Annual Premium Growth Since 2003

Retrieved on:

Thursday, September 16, 2021

The U.S. surplus lines market experienced direct premium growth of 17.5% in 2020, representing the largest year-over-year premium increase since 2003, according to a new AM Best report.

Key Points:

The U.S. surplus lines market experienced direct premium growth of 17.5% in 2020, representing the largest year-over-year premium increase since 2003, according to a new AM Best report.
The Bests Market Segment Report, titled, Expanding Opportunities Boost Surplus Lines Growth and Spur Improved Operating Profits, states that the 2020 increase in direct premium written (DPW) comes on the heels of 11.2% growth in 2018 and 2019.
Driving the segments overall growth was 20% growth by AM Bests composite of domestic professional surplus lines companies, or those writing more than 50% of their direct business on a surplus lines basis.
The report notes that the surplus lines market traditionally performs well during times of tumult and uncertainty.