• AIG Chief: General Insurance Revamp on Track as 4Q Cat Loss Estimate Nears $800 Million

    10 days ago - By A.M. Best

    American International Group Inc. expects to show a slight profit in its general insurance segment going into 2019 as the group appoints a new chief financial officer and continues to reorganize its ...
    Read more ...

     

  • The CFO of $20 billion Stripe is now its chief product officer, and he says his mission is to shield customers from 'the highly complex and esoteric global financial system'

    The CFO of $20 billion Stripe is now its chief product officer, and he says his mission is to shield customers from 'the highly complex and esoteric global financial system'

    10 days ago - By Business Insider

    Stripe CFO Will Gaybrick is taking a new role as chief product officer and head of payments.
    Stripe was recently valued at $20 billion in a monster $245 million funding round, and this year signed on huge customers like Microsoft, Google, Spotify, and Uber.
    Gaybrick says that even the largest companies like Stripe because the company makes it super-simple for them to start taking money from customers anywhere in the world.
    More broadly, he says, the real opportunity for Stripe is in making the complexities of the global financial system feel simple for its customers.
    Stripe will search for...
    Read more ...

     

  • Humana Appoints Chief Strategy and Corporate Development Officer

    10 days ago - By A.M. Best

    Humana Inc. has appointed Vishal Agrawal as chief strategy and corporate development officer. He succeeds Christopher Hunter, who now leads group, specialty and military lines.
    Both report to ...
    Read more ...

     

  • Revcontent names Omar Nicola as its new CEO

    10 days ago - By Tech Crunch

    Content recommendation company Revcontent has a new chief executive: Omar Nicola, formerly the CEO of mobile advertising company Kixer.
    Revcontent's founder and outgoing CEO John Lemp will remain involved as chairman of the board of directors.
    “Omar is the perfect choice to take over as CEO of Revcontent, because of his wealth of experience and track record of success as a publisher and a leader of several different advertising technology companies,” Lemp said in a statement. “Founding and building Revcontent has been one of the most rewarding times of my life and I am humbled by the many...
    Read more ...

     

  • Facebook Struck Deals Over Data and Burnt Rivals, Say Lawmakers

    10 days ago - By Fortune

    Internal emails at Facebook Inc., including those involving Chief Executive Officer Mark Zuckerberg, were published online by a committee of U.K. lawmakers investigating social media's role in the spread of fake news.
    The documents, which had been sealed by a California court, led lawmakers to conclude that Facebook undertook deals with third party apps that continued to allow access to personal data.
    Damian Collins, head of the committee, added that Facebook shut off access to data required by competing apps, conducted global surveys of the usage of mobile apps by customers possibly...
    Read more ...

     

  • AIG hit with $750 million to $800 million in fourth-quarter catastrophe losses: CEO

    10 days ago - By Reuters

    American International Group Inc has racked up an estimated $750 million to $800 million in catastrophe losses so far during the 2018 fourth quarter, its chief executive officer said on Wednesday.
    Read more ...

     

  • AIG Names Former MetLife Japan Head as CEO of Asia-Pacific

    10 days ago - By A.M. Best

    American International Group Inc. has appointed Sachin N. Shah as chief executive officer of Asia-Pacific, AIG General Insurance.
    Shah was chairman, president and CEO of MetLife Japan since 2013, ...
    Read more ...

     

  • AIG Names New Chief Financial Officer

    10 days ago - By A.M. Best

    American International Group Inc. said it named Mark D. Lyons as its next chief financial officer as the group continues to revamp its executive team.
    Lyons succeeds Sid Sankaran, who will remain ...
    Read more ...