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NGIC scores straight A ratings
23 July 2014
Oldwick, New Jersey

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of National Guaranty Insurance Company of Vermont (NGIC). The outlook for both ratings is stable...

Volkswagen captive goes live with synergy2
23 July 2014
London

Volkswagen Insurance Company (VICO), a wholly-owned, Dublin-based captive insurer of Volkswagen and subsidiary of Volkswagen Financial Services AG, have successfully gone live with Eurobase Insurance Solutions’ administration platform, synergy2...

Simon Smith joins GC
22 July 2014
London

Guy Carpenter & Company, LLC, has appointed Simon Smith as the head of Europe, Middle East and Africa, effective 1 September 2014...

Saito retains his post at Hawaii's DCCA
22 July 2014
Honolulu

Hawaii Insurance Commissioner Gordon Ito has appointed Sanford Saito as deputy commissioner and captive insurance administrator for the Department of Commerce and Consumer Affairs (DCCA) Insurance Division...

New leadership roles at Integro
21 July 2014
New York

Integro Insurance Brokers have appointed of Ruth Kilduff as chairman, and Anne Anderson as president of its US operations, Integro USA...

Gallagher acquires FSI
21 July 2014
Itasca, Illinois

Arthur J. Gallagher & Co. has acquired Foundation Strategies (FSI) of Katy, Texas, though the terms of the transaction have not yet been disclosed...

African captive gets approval and new location
18 July 2014
Johannesburg

New Zealand-based cell-captive insurer Centriq has been awarded an A+ rating by the Global Credit Rating (GCR) Company for the sixth year in a row...

NAIC to educate the masses
17 July 2014
Washington DC

The National Association of Insurance Commissioners (NAIC) has launched an educational initiative about the role state-based insurance regulation plays in strengthening the US economy...

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