The transition will begin in the second quarter of 2025, subject to regulatory requirements in relevant jurisdictions.
Betsy Ward will retire at the end of this year.
From January 1, 2025, Anthony Shapella will be promoted into the role of Group Chief Underwriting Officer.
DP-3 policies represented 3.6% of all Progressive property policies as of September 30, 2024.
Strable succeeds Dan Houston, who will continue to serve as executive chair of the Board.
The program will provide capacity for an excess liability facility for high-end co-op and condominium buildings in New York City.
The UK-based insurer hopes to deliver an additional £50 million of cost savings next year.
Launched in 2023, Bishop Street Underwriters focuses on making strategic investments across specialty property and casualty markets.
Hall has worked at The Standard since 2022.
Gross P&C written premiums increased by 4%
He succeeds Dr. Claudia Max.
Zurich, a multi-line insurer with a global presence in over 200 countries, continues to enhance its support offerings, aligning with its mission to build a sustainable future.
The initial investment, exceeding $60 million, is led by Centana with participation from Pruven Capital, Cota Capital, and Cross Creek.
This news follows our coverage of TIMS and Lemonade.
Empathy offers legacy planning as well as services for people dealing with loss.
