May 4 -- IVANS, a division of Applied Systems, today announced the results of April's IVANS Index, the insurance industry's premium renewal rate index. April results continue to show positive change across nearly all major commercial lines except for Workers' Compensation, which remains in negative territory for the year.
May 3, 2018 - AAIS (American Association of Insurance Services), a national not-for-profit insurance advisory organization governed by its member companies, has filed a Cannabis Businessowners Policy in the state of California.
PEMBROKE, Bermuda – May 1, 2018 – Sompo International Holdings Ltd. (SIH), a Bermuda based specialty provider of property and casualty insurance and reinsurance, announced today that Standard & Poor’s Global Ratings (S&P) raised the financial strength ratings on Sompo International Holdings Ltd.'s (SIH) core operating companies to “A+” from “A”.
May 1, 2018 - Austin-based electronic insurance payment processing firm, ePayPolicy, on May 2 will begin accepting applications for its ePayPolicy InsurTech Award which aims to recognize the insurance agency that has best leveraged technology in order to grow sales and marketing.
April 30, 2018 - London-based global specialty insurer Tokio Marine Kiln (TMK) has appointed Anna McNamara as group chief operating officer.
April 27, 2018 - Allianz Global Corporate & Specialty (AGCS) has partnered with Israel-based drone safety systems company ParaZero to offer its drone-safety products to insureds and help them manage risks involved with the operation of drones.
April 27, 2018 - Swiss Re Corporate Solutions has announced the creation of a standalone excess and surplus (E&S) business unit in North America.
April 26, 2018 - RIC Insurance General Agency has named Gary Wells a business development manager.
April 26, 2018 - Liberty Mutual has introduced two new policy forms – umbrella and contractor’s equipment – designed to make it easier for brokers to meet a broader set of coverage needs for their customers.
Matthew Nangle is the President and Chief Executive Officer of BNK Insurance Services which he founded in 2011. He is responsible for overseeing the operations, developing new program opportunities, and fostering carrier relationships. Under his leadership, BNK successfully launched three programs in the first five years of existence. He guided the company through the Lloyds tribunailiztion process as BNK became a Lloyds Coverholder in 2015.
Beginning in 2003, Matthew served as President and CEO of ProGroup International, a Professional Liability retail brokerage located in Kansas City, Missouri. While at ProGroup, Matt was instrumental business development which turned ProGroup into one of the largest domestic Real Estate E&O brokerages. He was selected in 2010 as a speaker at the annual PLUS International Conference, serving on a panel focusing on emerging exposures in the real estate market. Prior to joining ProGroup International, Matthew spent time at Metropolitan Life Insurance Company, AT&T, and ICC Energy. He has a Bachelor of Science degree from the University of Missouri-Columbia.