Lombard International’s US CEO, Michael Gordon, appointed Group Chief Operating Officer

insurance news

Philadelphia/New York, — June 2020 – Lombard International Group, the global leader in wealth and succession planning solutions for high net worth individuals, families and institutions, announces the appointment of Michael Gordon as Group Chief Operating Officer (COO), in addition to his existing role of Chief Executive of the US business. The role of Group COO is newly created and includes the Global Office of Technology and Transformation. Following Stuart Parkinson’s appointment as Lombard International Group’s Chief Executive Officer (CEO) on 1 April 2020, Mr. Gordon’s appointment builds upon a…

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Nationwide plans to keep remote insurance jobs permanently in 5 states

Remote insurance jobs - laptop on desk

The insurer has made it possible for many employees to work from home even after offices fully open. Nationwide has announced its intention to permanently transition into an operating model that functions as a hybrid between in-office and remote insurance jobs. The employees who will be heading to the office will be those at the four main corporate campuses. The insurer will keep the in-office workers primarily at its four main corporate campuses. That said, it will keep its remote insurance jobs in place for the majority of other locations.…

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Veteran Insurance Executive Named FSL Vice President

Insurance Executive Named FSL Vice President

May 18, 2020 — Fidelity Security Life Insurance Company (FSL) has named Tim Knott as its Vice President, Marketing. Knott brings more than 35 years of industry experience to FSL, most recently spending the past six years as Vice President of Group Insurance at Kansas City Life Insurance Company. Prior to that, he was Senior Vice President of Assurant Employee Benefits in Kansas City, Missouri. In his new position, Knott will be responsible for functions related to maintaining and growing existing partnerships, explore new product development, and seek new marketing…

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Chubb CEO calls COVID-19 coronavirus biggest event in insurance industry history

Evan Greenberg cautioned that the pandemic’s impact will cause insurers to face their largest challenges. Chubb Ltd Chief Executive Officer Evan Greenberg released a statement warning that the coronavirus will be the largest event in insurance industry history. The insurance company recorded $13 million in losses linked to COVID-19 during the Q1 2020. Greenberg stated that “this event will be the largest event,” in insurance industry history, on an earnings call in which he shared Chubb’s first quarter results for 2020. The CEO pointed to both the direct impact of…

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5 Resume Tips for an Insurance Agent in 2020

insurance agent

Insurance Agents have a valuable role in the insurance industry and the fact remains that both corporate and individuals clients need their help with insurance plans and activities to secure their assets and future. Follow the below given 5 resume tips to help you write the perfect Insurance Agent Resume: Curate your Professional Experience If you want the recruiters to shortlist you for your dream job, you need to convince them regarding your potential as a suitable applicant. The professional experience section is the heart of your resume and you…

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Insurance industry legal costs exploding as US juries increasingly side with plaintiffs

Insurance industry legal costs - american dollars

Insurers from around the world are expected to face legal expenses topping $200 billion. United states jury payouts are sending global insurance industry legal costs skyward. Insurer execs face a rising fear from the size and frequency of awards jurors are requiring the firms to pay out to plaintiffs. Payouts insurance companies must pay to lawsuit plaintiffs are starting to pose a threat to the industry. The trend is being called “social inflation” as juries demand more frequent and generous payouts that insurers must cover for cases ranging from tainted…

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Meet META – an Insurtech Start-Up Disrupting Post Sales Experience in Insurance Industry with Their Super App Services

Insurance news release

META is a new age insurtech start-up, which claims to be the “real friend indeed,” for both customers as well as insurance providers, by adding new dimensions to the post sales engagement. For customers, who often struggle with insurance management, it acts as an insurance wallet & has bundled numerous value added services around the same eco-system of auto, health and life. META makes it convenient for the customers to manage multiple insurances from the same app. For Insurance providers it acts as the necessary bridge for them to stay…

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