The United States and the European Union in September 2017 signed an agreement that will help U.S. insurers and reinsurers operate in the E.U. by ending Solvency II (S2) regulatory barriers. The American Insurance Association said the agreement provides mutual acknowledgement of prudential supervision in both the E.U. and the United States, and will eliminate barriers that U.S. insurers have faced since S2 was implemented. For reinsurance, the agreement

Arthur J. Gallagher in October 2017 acquired DiBrina Group, a Sudbury, Ontario, Canada HR insurance firm. The terms of the sale were not disclosed. Founded by Michael DiBrina in 1989 and incorporated in 1997, DiBrina Group provides human resources, employee benefits, wealth management, and life insurance consulting and brokerage services. The team, which includes Mr. DiBrina, as well as Tim Lychy, Diego Favero, Aurel Malo, Ehren Baldauf, Jeff St.

International medical and travel insurance company, International Medical Group (IMG), in September 2017 announced the appointment of Steve Paraboschi as the company’s executive vice president. Paraboschi will be responsible for P&L across the company and support of IMG’s international insurance distribution and operations. IMG was founded in 1990 and offers a full line of international medical insurance products, as well as travel insurance plans, medical management services and 24/7

Stephan Hillert, Head of Distribution and Customer Relationship Management Europe for Zurich International Corporate Solutions, looks at the income protection gap in the German market and how a new approach to group life and disability cover could help to close it – with benefits all round.