Press Releases • 28 August 2023
Starr Names Sean Chen CEO of Starr Singapore
Starr Names Sean Chen CEO of Starr Singapore.
Corporate • 12 July 2017
Starr Insurance Companies Provides Enhanced Crime & Fidelity Endorsement
New York, NY
“This enhanced coverage protects insureds more fully by offering coverage for losses associated with certain transfers of tangible property because of fraud,” stated Brian Inselberg, senior vice president, Financial Lines, “While coverage for loss of ‘funds’ may be available in the marketplace, businesses are still exposed to the risk of loss for the transfer of tangible property as a result of a fraudulent instruction,” Brian further states, “Given the rapid speed with which companies often move their inventory, component parts, and, other tangible property, the risk of acting on a fraudulent instruction is increasing.”
This expanded coverage and the recent introduction of the KnowBe4 risk management tools demonstrate Starr Insurance Companies’ commitment to addressing the evolving crime and fidelity exposures of companies.
Press Releases • 10 May 2023
Starr expands its presence in Malaysia by establishing a new branch
Starr Insurance Companies has expanded its presence in Malaysia by establishing a Labuan Branch (Starr Labuan) of Starr International Insurance (Singapore) Pte. Ltd., a non-life insurer organised under the laws of Singapore.
Corporate • 27 April 2023
Starr Now Directly Underwrites Technical Risks Property Insurance Through Its Own Insurance Companies
Starr Insurance Companies today announced that, as of April 23, the company now directly underwrites its property - technical risks through its own insurance companies, concluding a successful 17-year relationship with Chubb.
China Media • 04 April 2023
Starr Insurance’s Senior Investment Officer John Patin Leaves; John Shannon Named as Successor
New York, NY – April 4, 2023 – Starr Insurance Companies today announced that John Patin, senior investment officer, has resigned his position for personal reasons. John F. Shannon, formerly with Alleghany Corp., was named to succeed him.
“We wish John Patin great success in his future endeavors,” said Maurice R. Greenberg, chairman and chief executive officer, “We’re confident Mr. Shannon will serve Starr well, given his extensive experience managing insurance assets for some of the largest U.S. insurers.”
Shannon served as senior vice president and chief investment officer at Alleghany, which Berkshire Hathaway acquired in October 2022. Prior to Alleghany, Mr. Shannon spent more than 11 years at MetLife Investments as vice president, global portfolio management, following five years at Prudential Financial as an investment analyst. He is a chartered financial analyst and holds a Bachelor of Science degree from University at Buffalo and an MBA from New York University’s Stern School of Business.