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Descartes’ Study Reveals 54% of Supply Chain and Logistics Operations are Prioritizing Automation to Mitigate Workforce Shortages

Retrieved on: 
Monday, April 15, 2024

The study shows that 54% of the supply chain and logistics leaders surveyed are focused on automating non-value-added and repetitive tasks with technology to improve worker productivity in the face of notable workforce shortages, which underscores the many functions in supply chain and logistics that are routine and non-integrated, requiring manual intervention.

Key Points: 
  • The study shows that 54% of the supply chain and logistics leaders surveyed are focused on automating non-value-added and repetitive tasks with technology to improve worker productivity in the face of notable workforce shortages, which underscores the many functions in supply chain and logistics that are routine and non-integrated, requiring manual intervention.
  • In addition to making technology investments to help combat supply chain and logistics workforce shortages, the study indicates companies are also adapting their recruitment and retention strategies and tactics.
  • For the full report, read What Are Companies Doing to Survive the Supply Chain and Logistics Workforce Challenge?
  • For more information on how acute workforce shortages are in supply chain and logistics operations and the impact of resource constraints on companies’ operations and business success, read Descartes’ report How Bad Is the Supply Chain and Logistics Workforce Challenge?

Kinsale Capital Group Announces Board and Management Changes

Retrieved on: 
Friday, January 5, 2024

Kinsale Capital Group, Inc. (NYSE: KNSL) (the “Company”) announced today changes to its Board of Directors (the “Board”) and management structure effective March 1, 2024.

Key Points: 
  • Kinsale Capital Group, Inc. (NYSE: KNSL) (the “Company”) announced today changes to its Board of Directors (the “Board”) and management structure effective March 1, 2024.
  • “Our board and management team have a deep commitment to execute our business model efficiently and to deliver superior value to our shareholders,” said Lippincott.
  • Dalton and Winston are employees of Kinsale Management, Inc., the management services company of Kinsale Capital Group, Inc. and its consolidated subsidiaries.
  • Kinsale Capital Group, Inc. is a specialty insurance group headquartered in Richmond, Virginia, focusing on the excess and surplus lines market.

Insurance Solutions Provider Orion180 Names 4 to Leadership Team

Retrieved on: 
Tuesday, November 14, 2023

They expand our agility and technology-centric knowledge in key areas and complement our strong existing team at Orion180,” says Kenneth Gregg, CEO and founder of Orion180.

Key Points: 
  • They expand our agility and technology-centric knowledge in key areas and complement our strong existing team at Orion180,” says Kenneth Gregg, CEO and founder of Orion180.
  • “These appointments signal our preparedness to compete in multiple lines of personal and commercial insurance as we look to expand nationally.”
    Mohammad Javanbarg, SVP of specialty risk, joined Orion180 to customize and enhance Orion180's view of modeled and non-modeled catastrophe risks, and develop innovative specialty insurance solutions.
  • Malcolm Tsung, VP of product management, commercial lines, joined Orion180 to spearhead the development of Orion180’s commercial lines products.
  • Before joining Orion180, at LexisNexis Risk Solutions, he served as director, commercial insurance vertical.

Sompo International Global Reinsurance Expands into Canada and Adds New A&H Product in North America

Retrieved on: 
Monday, September 11, 2023

PEMBROKE, Bermuda, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of Apundeep Lamba as Head of Reinsurance, Canada.

Key Points: 
  • PEMBROKE, Bermuda, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of Apundeep Lamba as Head of Reinsurance, Canada.
  • Mr. Lamba will be based in Toronto as part of the Canada Branch.
  • * Further, the Company is also pleased to share that Denise Sheehan has joined as SVP, Head of North America Accident & Health Reinsurance.
  • Margaret Hyland, President, North America Reinsurance, commented, “Our ability to attract and retain experienced top-tier talent is a competitive advantage for Sompo International’s Global Reinsurance team, particularly as we look to expand our product offerings and geographic footprint in pursuit of our strategic growth goals.

AM Best Affirms Credit Ratings of Atradius N.V.’s Main Operating Subsidiaries

Retrieved on: 
Thursday, July 13, 2023

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Atradius Crédito y Caución S.A. de Seguros y Reaseguros (ACyC) (Spain), Atradius Reinsurance Designated Activity Company (ARe) (Ireland), Atradius Trade Credit Insurance, Inc. (ATCI) (U.S.) and Atradius Seguros de Crédito, S.A. (Atradius Mexico) (Mexico), which are the main operating subsidiaries of non-operating holding company Atradius N.V. (Atradius) (Netherlands).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Atradius Crédito y Caución S.A. de Seguros y Reaseguros (ACyC) (Spain), Atradius Reinsurance Designated Activity Company (ARe) (Ireland), Atradius Trade Credit Insurance, Inc. (ATCI) (U.S.) and Atradius Seguros de Crédito, S.A. (Atradius Mexico) (Mexico), which are the main operating subsidiaries of non-operating holding company Atradius N.V. (Atradius) (Netherlands).
  • The ratings reflect Atradius’ balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AXA XL continues U.S. Middle Market insurance team build out adding Matthew Duke as new head of pricing

Retrieved on: 
Tuesday, April 25, 2023

NEW YORK, April 25, 2023 /PRNewswire/ -- AXA XL Insurance in the Americas continued the build out of its U.S. Mid-Market team with the addition of Matthew Duke as Head of Pricing, U.S. Middle Market Analytics.

Key Points: 
  • NEW YORK, April 25, 2023 /PRNewswire/ -- AXA XL Insurance in the Americas continued the build out of its U.S. Mid-Market team with the addition of Matthew Duke as Head of Pricing, U.S. Middle Market Analytics.
  • In his new role with us, Matt is tasked with developing our US Middle Market pricing strategy and infrastructure."
  • Mr. Duke joins AXA XL from Xceedance, where he served as Senior Vice President and Chief Actuary, Head of Global Actuarial Services.
  • Prior to his most recent position, he served as Head of Pricing and Growth Analytics and interim Head of Risk for Blackboard Insurance.

To understand American politics, you need to move beyond left and right

Retrieved on: 
Wednesday, April 19, 2023

But this animosity seems to have more to do with tribal loyalty than liberal-versus-conservative disagreements about policy.

Key Points: 
  • But this animosity seems to have more to do with tribal loyalty than liberal-versus-conservative disagreements about policy.
  • Liberal Democrats are on the left, conservative Republicans on the right, and a small sliver of moderate independents are in the middle.
  • But political scientists like us have long argued that a line is a bad metaphor for how Americans think about politics.
  • Recently, some political scientists have argued that views on racial issues represent a third “dimension” in American politics.

A new picture of American politics

    • In our new article in Sociological Inquiry, we analyzed public opinion data from 2004 to 2020 to develop a more nuanced picture of American political attitudes.
    • Our aim was to do a better job of figuring out what Americans actually think about politics, including policies related to race and racism.
    • Many have very strong views on certain issues, but can’t be pigeonholed as being on the left or right in general.
    • Picture, for instance, those voters in 2016 who were attracted to both Bernie Sanders’ economic populism and Donald Trump’s attacks on immigrants.

Five groups – but only two parties

    • These three groups of Americans have a difficult time fitting in with either of the two major parties in the U.S.
    • Seeing Americans as divided into these five groups – as opposed to polarized between the left and right – shows that both political parties are competing for coalitions of voters with different combinations of views.
    • But perhaps most importantly, these five groups show how diverse Americans’ political attitudes really are.

Upgraded Points Survey Explores 2023 Remote Work Habits: What Are We Really Doing on The Clock?

Retrieved on: 
Tuesday, April 18, 2023

AUSTIN, Texas, April 18, 2023 /PRNewswire/ -- Upgraded Points recently surveyed over 1,000 remote workers to find out exactly what they are doing on the clock.

Key Points: 
  • AUSTIN, Texas, April 18, 2023 /PRNewswire/ -- Upgraded Points recently surveyed over 1,000 remote workers to find out exactly what they are doing on the clock.
  • Whether it's balancing budgets or just taking a mid-afternoon nap, the habits of remote workers can be quite surprising.
  • "It takes just five minutes exploring the habits of remote workers to understand why folks are ditching their office jobs," said Alex Miller, Upgraded Points founder.
  • To view the full survey findings, including Americans' feelings on remote work, please visit the study HERE .

W. R. Berkley Corporation Names Shadi Albert President of Berkley Luxury Group

Retrieved on: 
Monday, March 27, 2023

W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Shadi Albert as president of Berkley Luxury Group.

Key Points: 
  • W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Shadi Albert as president of Berkley Luxury Group.
  • Most recently, he served as the executive vice president of strategy and business development in a key division at large U.S. insurance group.
  • W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, commented on the appointment, “We are excited to welcome Shadi to the group.
  • For further info about products and services available from Berkley Luxury Group, please visit www.berkleyluxurygroup.com .

Bermuda Insurance Leader Dan Rance Joins Resilience to Accelerate Move Upmarket

Retrieved on: 
Wednesday, January 25, 2023

SAN FRANCISCO, Jan. 25, 2023 /PRNewswire/ -- Resilience, the next-generation cyber risk solutions company, is proud to announce that Dan Rance will be joining as Head of Resilience Bermuda and Global Head of Large Accounts to help accelerate delivery of their Cyber Resilience solution for large enterprise customers. With loss ratios less than half the industry average, record growth doubling 2021 business, and expansion of underwriting authorities to serve enterprises up to $7.5 billion in revenue, this Cyber Resilience approach has proven highly successful at helping mid-market companies manage their cyber risk holistically. Rance will support the development and launch of this solution into the large enterprises account space.

Key Points: 
  • SAN FRANCISCO, Jan. 25, 2023 /PRNewswire/ -- Resilience , the next-generation cyber risk solutions company, is proud to announce that Dan Rance will be joining as Head of Resilience Bermuda and Global Head of Large Accounts to help accelerate delivery of their Cyber Resilience solution for large enterprise customers.
  • Rance brings over 14 years of experience in the Bermuda market, most recently serving as Liberty Specialty's Head of Financial Lins for Bermuda.
  • "There is a huge opportunity to shift how insurance is connected with how cyber risk is managed," said Rance.
  • Bermuda has been a leader in innovation in the cyber insurance market and I am incredibly excited to join the Resilience team in leading their efforts to grow into the large enterprise space."