For the second year in a row XL Catlin has topped Advisen’s annual Pacesetter index, an annual recognition of product innovation in the P&C insurance industry.
In fact the top three remain in place from our tally a year ago, with Chubb and Ironshore ranked second and third, respectively. Insurers XL Catlin, Chubb (formerly as ACE prior to the merger), and Ironshore have dominated the top three slots since 2013.
Following the top three is a tie for fourth place with newcomer Starr as well as a reappearance of Allied World, which finished just outside of the top 10 a year ago following several years on the list. The Hanover is another newcomer to the list.
Advisen has been recording and publishing new-product announcements since 2008, and began ranking the top 10 by the number of press releases we receive from each company in 2010.
For 2017, the top three innovators posted a total of 52 product launches, accounting for a quarter of the 208 new-product announcements sent to Advisen.
Read more at https://www.advisenltd.com/2018/01/23/xl-catlin-remains-top-earn-advisens-pacesetter-product-innovation-award/
Chad Hemenway, XL Catlin remains on top to earn Advisen’s Pacesetter product innovation award (January 23, 2018).
This story in an excerpt of the original. The content originally appeared in Advisen Professional Front Page News.
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