PEOPLE Insurer covers ridesharing in Texas
Texas drivers will now get coverage for their cars as they offer ridesharing services. Mercury Insurance has announced the availability of the ridesharing insurance in the state to fill gaps in a driver’s car and commercial coverage. The cost of insurance starts at 50 cents a day, the company said. The policy will extend the driver’s personal auto insurance during the three periods of the ridesharing cycle: when drivers have turned on the app but haven’t taken a fare, when they are on their way to pick up a passenger and when they are driving passengers to their destination.
French insurer, automaker offer P2P car rental
PSA Group, the maker of Peugeot and Citröen cars, hopes to conquer the American market with a peer-to-peer car rental service. A key partner in the venture is French insurance firm MAIF, which will provide insurance on the vehicles. The service will be facilitated by TravelCar, another French company that provides a P2P car rental service at airports and train stations in Europe, which raised almost $16 million in capital from the automaker and the insurer. The service will begin April 1 at Los Angeles International Airport.
Insurance firms offer joint private flood program
Prospect General Insurance has announced a partnership with Palomar Specialty Insurance to provide flood coverage as an alternative to the National Flood Insurance Program. The Flood Guard product is based on advanced algorithms and is offered via an online platform; the companies have described the product as an “affordable” alternative to federal insurance. Flood Guard is also able to provide enhancements relative to the NFIP, including dwelling coverage up to $5 million and personal property coverage up to $1 million.
NAME
LEAVING
JOINING
NEW POSITION
Kim Ayers
Galaxy America
Leavitt Recreation & Hospitality Insurance
Agent
Robert Davis
RR Donnelly & Sons
Crystal & Company
Director, national sales and marketing team
John Fowle
N/A
Chaucer Syndicates
CEO
Jim George
N/A
Swiss Re Corporate Solutions
Global head of claims
Ryan Heimbold
Brown & Brown Insurance
Willis Towers Watson
Senior vice president of corporate risk and broking
Kris L. Hill
Liberty Mutual Surety
QBE North America
Chief financial officer
Andre Keller
N/A
XL Group
Chief investment officer
Michael O'Malley
O’Malley Public Policy Collaborations
American Insurance Association
Senior vice president for public policy
Mike Price
ESIX
Integro Insurance Brokers
Head, global sport team
Imran Qureshi
N/A
Willis Towers Watson
Midwest region leader
Stephen Robb
N/A
XL Group
Chief financial officer
Scott Weber
Stroz Friedberg
CNA Financial Corp.
Senior vice president, worldwide property & casualty claims unit
Jim White
Willis Towers Watson
JLT Specialty
Senior vice president
Major international Lloyd’s syndicate gets new CEO
The Hanover Insurance Group has announced the appointment of John Fowle as CEO of its member firm Chaucer Syndicates. Fowle succeeds Johan Slabbert, who left to pursue opportunities outside the company. Fowle joined Chaucer in 2002 and has held various leadership roles in the company, most recently as chief underwriting officer, where he facilitated the development and execution of Chaucer’s underwriting strategy.
Swiss Re Corporate Solutions appoints new global head of claims
Swiss Re Corporate Solutions has promoted Jim George to global head of claims. A licensed attorney who has been with the company since 1995, George previously served as head of claims for North America, where he was instrumental in creating the Corporate Solutions Claims Commitment. In his new role, George will oversee Swiss Re Corporate Solutions’ global claims organization and serve as a member of its Management and Business Management Committees.
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