Around the P&C insurance industry: January 12, 2022
News from Skuld, CORE Group, Optio Group and more.
Skuld participated as mission partner in a global initiative to decarbonize the maritime industry. Skuld has joined the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping as part of the insurer’s stated intention to protect ocean industries.
CORE Group partnered with Reets Drying Academy, a 5-star rated training facility dedicated to providing restoration professionals unique courses both in-house and online. Their training includes but is not limited to: IICRC certified courses for health & safety, water, fire, trauma clean-up, and mold.
Optio Group acquired Brockwell Capital Limited, Warranty & Indemnity MGA, for an undisclosed sum. Optio Group is a leading specialty MGA focused on emerging insurance risks bringing together technology and market leading underwriting capabilities.
Alera Group acquired Gales Agency, Inc., an independent insurance agency providing a full line of insurance products including home, business, auto and life insurance policies to protect families. Gales Agency, Inc., based in Oceana County, Michigan, proudly represents top-rated carriers, providing personal insurance, business insurance, health insurance, life insurance, pet insurance and Medicare. Their team of outstanding insurance professionals provides timely, effective insurance solutions for clients throughout the state.
AXA XL Insurance promoted Maria Duhart to lead its Specialty Niche insurance business in the Americas. Ms. Duhart steps into the role of Chief Underwriting Officer for Specialty Niche from her previous role as head of AXA XL’s Commercial Bonds business.
Aquiline Drones Corporation has successfully completed the rigorous licensing process to establish its own insurance subsidiary, Aquiline Drones Indemnity Corporation, through the State of Connecticut Insurance Department. This insurance license allows AD to assume the risk of its entire group of companies, indemnify its continuum of products and services, as well as the ability for AD to insure the risk of its partners and affiliates such as Drone Volt and Aerialtronics. ADIC will also indemnify the products utilized by AD’s supply of professional drone service providers, nationwide.
Zurich Resilience Solutions launched a groundbreaking offering called the Workplace Diversity, Equity and Inclusion Service in collaboration with Inclusion Score, an organization that advised on a new global diversity and inclusion standard issued by the International Organization for Standardization in May 2021. Developed at the request of customers and brokers, Zurich’s service will help businesses strategically assess DEI in their organization and work toward the ISO standard and their unique DEI goals.
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