January 10, 2018 - Private equity firm Stone Point Capital L.L.C. and the family that controls 43% of the shares in AmTrust Financial Services Inc. plan to take the insurer private.
January 9, 2018 - Specialty insurer Hiscox has appointed Eric Micheals as its chief underwriting officer in the U.S.
January 8, 2018 - QBE North America has named Daniel Franzetti as chief operating officer.
January 8, 2018 - Appalachian Underwriters, Inc., an insurance wholesale outlet, has developed a monoline sewer back-up and sump pump overflow product, exclusive to appointed agents.
YORK, Pa. – Jan. 5, 2018 – Glatfelter Insurance Group (GIG) is proud to announce that 14 associates recently earned new insurance-related designations. With a corporate culture dedicated to continuing education and professional development opportunities, GIG encourages associates to pursue designations of their choosing each year.
Charleston, SC – January 4, 2018 Johnson & Johnson Insurance is excited to announce they will provide a flood program on Appulate.
Vince Tizzio is president and chief executive officer of Navigators Management Company, the U.S. underwriting operation of Navigators, a specialty insurance holding company with operations in the United States, the United Kingdom, Continental Europe and Asia. Mr. Tizzio brings more than 30 years of property and casualty insurance experience to Navigators. Since joining Navigators in 2012, he has enhanced the profitability of the company’s U.S. business and has led its growth—launching new products, leveraging technology to deliver more value and support to brokers and policyholders, and broadening Navigators’ local presence in major cities across the United States.
Mr. Tizzio joined Navigators from Zurich, where he was executive vice president of Zurich North America, leading the company’s commercial markets business, a $3 billion portfolio with more than 1,100 market-facing underwriting, claims and operations professionals throughout the U.S. and Canada. In this role, he was responsible for creating a business unit to grow the services delivered to small- and medium-sized businesses, launched Select Brokers®, the organization's first program providing enhanced resources and solutions to the company’s most valued brokers, and further developed the company’s industry vertical expertise and services. Zurich North America produced double-digit growth and significant profitability gains each year under his leadership.
Mr. Tizzio also was with American International Group (AIG) for 16 years, during which time he held a number of underwriting and management positions. During his tenure at AIG, he led the creation of two subsidiaries, developing capabilities in mergers and acquisitions insurance and small commercial insurance products and offerings that were industry-leading and pioneering for AIG at the time.
Mr. Tizzio received a B.A degree in finance and sociology from Adelphi University. Mr. Tizzio serves on the board of governors for Maguire Academy of Risk Management at Saint Joseph’s University in Philadelphia. He also serves as a board member of the Visiting Nurse Association, a provider of home-based medical and hospice care and is a longstanding board member of the Freedom House, an organization committed to helping people with addiction. Mr. Tizzio is the founder of Feed Belly Farm, an organization that helps provide food to people in need.
Financial journalist and New York Times best-selling author Michael Lewis has published sixteen books on subjects ranging from politics to Wall Street. In December 2016, Lewis released The Undoing Project: A Friendship that Changed Our Minds. In keeping with his unparalleled ability to tell stories about "quirky individuals who zig when everyone else zags" (as The New York Times puts it), the new book dives deep into the world of Daniel Kahneman and Amos Tversky, who founded the field of behavioral economics with their revolutionary theories on decision making and human errors in judgment. His previous book, the NYT #1 best-seller Flash Boys, has took the financial market and business world by storm upon its release in March 2014. The story reveals how the legal—but highly questionable—practice of high-frequency trading (HFT) has allowed certain Wall Street players to work the stock market to their advantage, and has been called one of the most provocative books to hit shelves since Lewis’ The Big Short. In The Blind Side, published in 2006, Lewis tells the story of NFL Offensive Tackle Michael Oher, and how his life is transformed from being a teen living on the streets of Memphis after he is adopted by white Evangelical Christians. Before that, Lewis wrote Moneyball, a book ostensibly about baseball but also about the way markets value people. Both of his books about sports became Oscar nominated films.
Two of his most popular releases, The Big Short and Boomerang, are narratives set in the global financial crisis. His other works include The New New Thing, about Silicon Valley during the Internet boom; Coach, about the transformative powers of his own high school baseball coach; Losers, about the 1996 Presidential campaign; and Liar’s Poker, a Wall Street story based in part on his own experience working as a bond salesman for Salomon Brothers.
Mr. Lewis is a columnist for Bloomberg News and a contributing writer to Vanity Fair. His articles have also appeared in The New York Times Magazine, The New Yorker, Gourmet, Slate, Sports Illustrated, Foreign Affairs, and Poetry Magazine. He has served as editor and columnist for the British weekly The Spectator and as Senior Editor and campaign correspondent for The New Republic. He has filmed and narrated short pieces for ABC-TV’s Nightline; created and presented a four-part documentary on the social consequences of the internet for the BBC; and recorded stories for the American public radio show, This American Life.
Mr. Lewis grew up in New Orleans and remains deeply interested and involved in the city. He holds a Bachelor’s degree in Art History from Princeton and a Master’s degree in Economics from the London School of Economics. He lives in Berkeley, California with his wife, Tabitha Soren, and their three children: Quinn, Dixie, and Walker. In 2009, he published Home Game: An Accidental Guide to Fatherhood, about his attempts to raise them.
January 3, 2018 - Specialty insurance product distributor AmWINS Group has made a fast start to the New Year by announcing a major swoop.
January 3, 2018 - Pioneer Underwriters has appointed Zach McAbee as ocean marine head as part of the launch of its new US division.
December 29, 2017 - Chicago, Ill.-based Old Republic International Corp. has named Jeffrey Lange senior vice president in underwriting and distribution of the Old Republic General Insurance Group Inc.