Nationwide
-
Activists from the left and the right are focusing on insurance, often on the same issues. -
The company was right to drop its reinsurance unit and refocus on its specialty roots.
-
The president expects to see benefits from the deal in H2 2026.
-
Lion's share of Markel Re staff have been offered roles at Ryan, with others to work on run-off.
-
Nationwide will delegate management of the policies to Ryan Specialty.
-
Industry veteran Tonya Courtney will lead the company’s newest E&S business.
-
The Nationwide subsidiary is a $750mn-premium wholesale brokerage that serves about 10,000 local agents.
-
The move will expand Nationwide’s stop loss insurance sales to SMEs.
-
-
The executive previously worked at Guy Carpenter and AIG.
-
Non-renewals for certain policies will start on September 1, 2024.
-
The non-renewals will continue through June 15, 2025.
