Key person insurance

Chubb and Wharton Executive Education Train the Next Generation of High-Net-Worth Focused Agents and Brokers

Retrieved on:

Thursday, December 7, 2023

Distribution, Organization, Risk management, Executive education, Wine, History, Insurance, CAPI, Chubb, Special needs, Collection, Curriculum, University, Jewellery, Knowledge, Key person insurance, Financial adviser

WHITEHOUSE STATION, N.J., Dec. 7, 2023 /PRNewswire/ -- Chubb today announced that 48 high-performing insurance agents and brokers have earned the Certified Advisor of Personal Insurance (CAPI) designation following the successful completion of a comprehensive educational curriculum created in collaboration with the Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania.

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The inception of the CAPI program began 9 years ago and today helps high-performing insurance agents and brokers serve as trusted advisers to successful clients.
Chubb and Wharton Executive Education have trained a total of 369 insurance professionals during the history of the program, who hold the prestigious designation.
"Completion of the CAPI program is a mark of excellence for high performing agents and brokers who support the high-net-worth market," said Maria Johnson, North America Sales & Distribution Leader at Chubb.
Courses, which are taught by Wharton faculty, Chubb subject matter experts and other professionals, include "Understanding the Total Family Balance Sheet," "Collections" (e.g.

Rockford Mutual Announces CEO Transition

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Thursday, November 2, 2023

Key person insurance, Kent, Liberty Mutual, State Farm Mutual Automobile Insurance Co. v. Campbell, Agency, Commercial, Strategic design, Senior, Customer service, Financial plan, Management

Rockford, Illinois, Nov. 02, 2023 (GLOBE NEWSWIRE) -- ROCKFORD, Illinois –

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Rockford, Illinois, Nov. 02, 2023 (GLOBE NEWSWIRE) -- ROCKFORD, Illinois –
Rockford Mutual Insurance Company (RMIC) announced today that Kent Shantz has stepped down as President and Chief Executive Officer (CEO), effective November 1, 2023.
Kent will remain with RMIC as a Senior Management Consultant to support the leadership transition through August 2, 2024.
“I am thrilled to join the Rockford Mutual team,” Jacobson said.
I am dedicated to further enhancing the value proposition of Rockford Mutual in working with our Independent Agency partners.”

Definity Financial Corporation to announce third quarter 2023 results on November 9, 2023 and hold its earnings conference call the following day

Retrieved on:

Thursday, October 26, 2023

Digital, Key person insurance, DFY, Definity, TSX, Management

WATERLOO, ON, Oct. 26, 2023 /CNW/ - Definity Financial Corporation (TSX: DFY) will release its third quarter 2023 results after the market close on Thursday, November 9, 2023, which will be made available at www.definityfinancial.com/English/investors/ .

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WATERLOO, ON, Oct. 26, 2023 /CNW/ - Definity Financial Corporation (TSX: DFY) will release its third quarter 2023 results after the market close on Thursday, November 9, 2023, which will be made available at www.definityfinancial.com/English/investors/ .
The conference call is available by dialing 416-764-8659 or 1-888-664-6392 (toll-free in North America).
To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/3PL91Nz to receive an instant automated call back.
A replay of the call will also be available on November 10, 2023 at 2:00 p.m. (ET) until midnight on November 17, 2023.

Risk Strategies Appoints Nick Licursi as Private Client Services Leader, New York Region

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Monday, August 7, 2023

Insurance, Risk, University, Chorinea licursis, Risk Strategies, Risk management, CIC, CAPI, Wharton School of the University of Pennsylvania, Certified Insurance Counselor, CISR, Widener University Commonwealth Law School, Key person insurance, Financial services

BOSTON, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Risk Strategies , a leading national specialty insurance brokerage and risk management firm, today announced that Nick Licursi has been appointed as Private Client Services Leader, New York Region.

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BOSTON, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Risk Strategies , a leading national specialty insurance brokerage and risk management firm, today announced that Nick Licursi has been appointed as Private Client Services Leader, New York Region.
Licursi will be responsible for the Private Client Services business in the New York metro area, scaling the practice’s client-centric focus in the region, driving growth-focused initiatives, attracting and retaining top talent as well as enhancing the overall client experience.
He received the prestigious Emerging Leader Award in 2017 from the Private Risk Management Association (PRMA), an advocacy group for the high-net-worth insurance industry.
“I am excited for the opportunity to now lead the entire region’s private client services team and continue strengthening the foundation for Risk Strategies clients.”
To learn more about Risk Strategies, please visit www.riskstrategies.com .

Definity Financial Corporation to announce second quarter 2023 results on August 3, 2023 and hold its earnings conference call the following day

Retrieved on:

Thursday, July 20, 2023

Key person insurance, DFY, TSX, Digital, Definity, Management

WATERLOO, ON, July 20, 2023 /CNW/ - Definity Financial Corporation ("Definity") (TSX: DFY) will release its second quarter 2023 results after the market close on Thursday, August 3, 2023, which will be made available at www.definityfinancial.com/English/investors/ .

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WATERLOO, ON, July 20, 2023 /CNW/ - Definity Financial Corporation ("Definity") (TSX: DFY) will release its second quarter 2023 results after the market close on Thursday, August 3, 2023, which will be made available at www.definityfinancial.com/English/investors/ .
The conference call is available by dialing 416-764-8659 or 1-888-664-6392 (toll-free in North America).
To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/3qSfWKZ to receive an instant automated call back.
A replay of the call will also be available on August 4, 2023 at 2:00 p.m. (ET) until midnight on August 11, 2023.

Travelers Reveals Most Common Wedding Claims of 2022

Retrieved on:

Thursday, June 15, 2023

Women, Insurance, Men, Professional Services, Bridal, Consumer, Other Consumer, Retail, Key person insurance, Weather, The Travelers Companies, TRV, Multimedia, Traveler, NYSE, Assistant, Tourism

The Travelers Companies, Inc. (NYSE: TRV ) today revealed the most common wedding insurance claims of 2022.

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The Travelers Companies, Inc. (NYSE: TRV ) today revealed the most common wedding insurance claims of 2022.
Vendor-related issues topped the list for the second consecutive year, representing nearly one-third (31%) of all paid claims.
“Being prepared and knowing the most common wedding insurance claims can help prevent costly disruptions from unforeseen events.”
In addition to problems with vendors, common mishaps included:
The importance of preparing for potential wedding day interruptions was underscored by a recent survey, commissioned by Travelers, of more than 450 brides and grooms.
To learn more about wedding insurance from Travelers, visit Travelers.com/event-insurance .

Travelers Data Shows Collisions, Weather Among Most Common Boating Claims

Retrieved on:

Monday, May 22, 2023

The Travelers Companies, Inc. (NYSE: TRV ), in recognition of National Boating Safety Week (May 20-26), today announced the top causes of boat and yacht claims to help boaters avoid common and costly mishaps.

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The Travelers Companies, Inc. (NYSE: TRV ), in recognition of National Boating Safety Week (May 20-26), today announced the top causes of boat and yacht claims to help boaters avoid common and costly mishaps.
Based on Travelers claims from 2018-2022, the top three causes of loss were collisions (38%), severe weather (19%) and mechanical breakdowns (11%).
View the full release here: https://www.businesswire.com/news/home/20230522005383/en/
“With an uptick in boating activity in recent years, we continue to see boat and yacht insurance claims that may be preventable,” said Todd Shasha, Assistant Vice President of Personal Insurance at Travelers.
Monitor your local forecast and create a preparedness plan that you can follow in the event of severe weather.

NFP Expands Personal Travel Insurance Offering to Canadian Marketplace

Retrieved on:

Thursday, May 4, 2023

Key person insurance, Insurance, Policy, Uncertainty, Loss, NFP, Travel, Family

TORONTO, May 4, 2023 /PRNewswire/ -- NFP, a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor, announced today it is extending its Personal Travel Insurance offering across Canada. NFP in Canada also announced it now has a national team of travel brokers and is partnering with leading travel insurance companies to provide insurance for all eligible clients*. This offering is available to Canadians traveling within Canada and abroad, as well as those visiting Canada from other countries.

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NFP in Canada also announced it now has a national team of travel brokers and is partnering with leading travel insurance companies to provide insurance for all eligible clients*.
"NFP's travel insurance team provides Canadians with peace of mind for unexpected occurrences whenever and wherever they travel.
Travel insurance coverages in Canada purchased through NFP can provide worldwide travel protection services for individual trips or unlimited trips on an annual policy.
"Clients can use the NFP travel insurance solutions to help manage the associated costs through coverage options that align with their specific needs."

Travelers Honors 2023 Personal Insurance Agent of the Year Winners

Retrieved on:

Monday, April 3, 2023

Insurance, Professional Services, Key person insurance, The Travelers Companies, Anzac of the Year Award, TRV, Traveler, NYSE, Financial adviser

The Travelers Companies, Inc. (NYSE: TRV ) today announced the recipients of its 2023 Personal Insurance Agent of the Year Award.

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The Travelers Companies, Inc. (NYSE: TRV ) today announced the recipients of its 2023 Personal Insurance Agent of the Year Award.
The honorees were recognized for their excellent customer service, dedication to their communities and commitment to Travelers.
“Independent agents do more than sell insurance – they serve as trusted advisors, matching the best possible insurance solutions to their customers’ needs,” said Michael Klein, Executive Vice President and President of Personal Insurance at Travelers.
To find an agent in your area, visit travelers.com/findagent .

Applied Underwriters Introduces Applied Home National Underwriters, Consolidating and Expanding its Homeowners Business of Growing, Diversified, Regional Programs

Retrieved on:

Tuesday, April 4, 2023

Berkshire Hathaway, Policy, Hurricane Ian, Carl Sandburg Home National Historic Site, Key person insurance, Cyclone, MGA, Fireman's Fund Insurance Company, TPA, Insurance, EU, National Institute of Statistics and Applied Economics

OMAHA, Neb., April 4, 2023 /PRNewswire/ -- Mr. Jamie Sahara, President, Applied Underwriters, today announced the creation of Applied Home National Underwriters ("Home National") to consolidate the Company's presence in select homeowners markets and expand the number and scope of its diversified homeowners programs. Newly consolidated under the Home National banner, the company will act as an MGA representing eight carriers, of which five are within the Applied family along with three other blue-chip insurers, according to Mr. Sahara.

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To accomplish this effectively, we have named Mr. Bob Courtemanche to serve as CEO of Home National, bringing his great depth of experience and solid track record of achievement to the role.
He is a seasoned pro who understands the marketplace, the products and the opportunities for brokers choosing to work with Home National.
We welcome him to the Applied family and look forward to continuing the remarkable influx of top-notch talent into Applied that has spurred our overall success and dramatic growth."
It is all a sign of excellence that we will bring into the homeowners business via Home National."