Reinsurance News
Nationwide
Nationwide names Hespe Head of Underwriting Performance for E&S/Specialty
17th August 2022
Ohio-based insurer Nationwide has appointed Julie Hespe as the head of Underwriting Performance for the company’s Excess & Surplus/Specialty team. Hespe’s team - the Underwriting & Product Performance Center of Excellence, will have a direct focus on portfolio profitability, underwriting governance and best practices, product management strategy, regulatory compliance and performance. Hespe ... Read the full article
Ryan Specialty and Nationwide partner to support specialty insurance marketplace
26th April 2022
International specialty insurance firm, Ryan Specialty has announced a new strategic arrangement with US based Nationwide to support innovation and address needs in the specialty insurance marketplace. Both companies remain parties to a joint venture first entered into in May 2019, that established Bermuda-based reinsurer – Geneve Re Ltd. This new ... Read the full article
Nationwide names Tim Frommeyer as CFO
23rd June 2021
Ohio-based insurer Nationwide has appointed Tim Frommeyer as Chief Financial Officer (CFO) and also added him to the Nationwide executive leadership team. Frommeyer joined Nationwide 1986 and has held multiple senior positions including chief actuary for financial services, CFO for that organisation, and most recently as CFO for both financial services ... Read the full article
Nationwide completes transition to independent agency model
1st July 2020
Ohio-based insurer Nationwide has completed its 18-month transition to operate as a fully independent agency carrier. More than 99% of the company’s formerly captive agents will transition to Nationwide’s independent agency channel and continue partnering with the company. “Despite the challenges associated with the COVID-19 crisis, we’ve made tremendous progress in transforming ... Read the full article
Nationwide to permanently transition to hybrid (office/remote) operating model
30th April 2020
Ohio-based insurer Nationwide has revealed plans to permanently transition to a new hybrid operating model, which includes primarily working-from-office in four main corporate campuses and working-from-home in the majority of other locations. Like many other businesses in many parts of the world, in mid-March, Nationwide moved to a work-from-home business model ... Read the full article
Falvey expands capacity via Nationwide partnership
6th April 2020
Falvey Cargo Underwriting and Falvey Shippers Insurance have expanded capacity by partnering with Nationwide Mutual Insurance Company (Nationwide). The partnership will allow Falvey to continue to increase its capacity while providing flexible cargo solutions. All new accounts underwritten April 1, 2020 forward, will be quoted including Falvey's Nationwide facility. In addition, Nationwide will ... Read the full article
Nationwide, Generali announce joint venture
26th February 2020
US-based insurance and financial services provider Nationwide is partnering with Generali on a joint venture aimed at supporting multinational solutions for international commercial clients. N2G Worldwide Insurance Services, LLC will exclusively promote, distribute and administer insurance solutions for multi-national exposures on behalf of both organisations. Business to N2G will be sourced through ... Read the full article
State Farm & Berkshire maintain status as top US P&C insurers
24th October 2019
State Farm and Berkshire Hathaway Specialty Insurance maintained their spots as the largest and second-largest U.S. Property and Casualty (P&C) writers in 2018, respectively, while Chubb INA Group entered the top ten. This is according to the Reinsurance News directory of the Top 100 U.S. P&C ... Read the full article
Ryan Specialty Group, Nationwide launch Bermuda reinsurer, Geneva Re
7th May 2019
Ryan Specialty Group (RSG) has entered into a strategic partnership with US based Nationwide, which includes the establishment of a new Bermuda-based reinsurance company, called Geneva Re Ltd. Nationwide is set to own 50% of the new reinsurer, with RSG and RSG-related investors owning the remaining 50%. Michael D. O’Halleran has been ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
