Search underway for industry’s new class of female trailblazers & more…Keep up with what has been happening this week in our latest insurance news round-up…
In an industry where most leadership roles are still dominated by men, the women in last year’s Elite Women showcase prove that they are changing the status quo. After receiving hundreds of nominations from insurance professionals around the country, Insurance Business UK recognised 49 inspiring women leaders who have overcome obstacles and broken down barriers to become some of the industry’s top professionals – and the IBUK team believes that 2022 will be no different.
China’s insurance industry is facing a structural change in its business model amid the COVID-19 pandemic. Companies like Fanhua Holdings, a specialist in insurance intermediation, hopes to seize the growth opportunity as the agent model is being reshaped.
Thanks in part to higher surplus levels and favorable risk-adjusted capitalization at the start of 2021, the U.S. personal lines insurance segment has managed to navigate the challenges of this year including above-average catastrophe activity, a return to pre-pandemic frequency trends, and increased loss cost severity.
Keystone Agency Partners (“KAP”) a fast-growing independent insurance agency partnership platform, today announced the appointment of seasoned insurance industry leader Anne Melissa Dowling to the Company’s Board of Directors. She is the second independent director appointed to KAP’s Board, joining Robert A. Rusbuldt.