Life-insurance startup Ethos in May 2021 raised USD 200 million in a funding round valuing the business at more than 2 billion. The San Francisco, California-based company previously had raised a total of USD 100 million. Ethos is a producer and a third-party administrator (TPA) for life insurance carriers. Its platform allows customers to purchase life insurance policies online. Currently, the company works with a list of carriers that
Zurich North America in April 2021 announced the appointment of David Fike as the new head of its Life, Accident & Health business unit. Fike accumulates over 30 years of experience in insurance and pensions, with a special focus on Asia. He has been with Zurich for close to 7 years, lastly as the CEO of General Insurance and Takaful in Malaysia. He previously had worked for CIGNA in Turkey;
The Organization for Economic Cooperation and Development (OECD) in April 2021 published its latest set of Composite Leading Indicators (CLIs). Designed to anticipate turning points in economic activity relative to long-term trends, CLIs continue to strengthen in most major economies. In the US, the CLI increases steadily, thanks to a greater consumer confidence. In Japan, Canada, and the euro-area (especially Germany and Italy), the CLIs point towards a steady
Kornelia Köhler in February 2021 joined Zurich’s multinational pooling network, Zurich Global Employee Benefits Services (ZGEBS) as Costumer Relationship Manager, based in Zurich. She had been working at AIG Global Benefits Network (AIG GBN) for six years, first as an account manager and later as a regional manager. She holds a Master of Applied Economic Sciences from the University of Antwerp, Belgium.
Olga Collins in April 2021 became the new Chief Executive Officer (CEO) of the Worldwide Broker Network (WBN), based in San Francisco, California. She succeeds Francie Starnes, who became CEO five years ago and will assume the role of CEO Emeritus through 2021. Collins had been leading WBN member firm Beecher Carlson’s multinational practice for 7 years, as well as WBN’s Young Professionals Academy. Additionally, she’s been a member
Zurich Insurance in March 2021 launched a new global risk management business unit called Zurich Resilience Solutions (ZRS). It will be led by Hanno Mijer, reporting to Sierra Signorelli, CEO, commercial insurance at Zurich. Initially focusing on property/casualty (P/C) risks, ZRS includes more than 750 risk engineers to deliver risk prevention and mitigation services, complementing traditional insurance products such as employers’ liability, construction, motor fleet, general liability, and property.
In February 2021, MAXIS Global Benefits Network (MAXIS GBN) announced the advancement of Paul Lewis to the position of Regional Director for the Americas. He is joined in this new team by Paul Mielkhe as Director, Christinea Chase as Senior Client Relationship Manager, and Diana Daszewski as Senior Account Manager. Lewis joined MAXIS GBN in 2016 and had been leading their US East Region’s Business Development team. Henceforth, he