Global Finance announced the winners of its “Best Insurer Awards,” drawing on responses from just under 1,400 readers around the world, as well as input from a panel of 14 prominent risk management and financial executives at major companies headquartered in each geographic region of the world. In the global category, AIG was selected as the best insurer for property, environmental liability, and employment practices liability, and cyber risk.
Chubb won for best global D&O insurer and crime/fidelity insurer. Zurich Insurance won as best global political risk insurer, as well as global supply chain/trade disruption insurer. Euler Hermes was selected as best global trade credit insurer, and Aon, the best global supply chain/business continuity consultant. “The survey findings offer insights not only about the best global insurers by several widely purchased coverage lines, but they also reveal leading insurers for specific coverages on a regional basis,” Joseph D. Giarraputo, president and publisher, Global Finance, said.
“We congratulate the winners and thank our survey participants and panelists for their assistance.”“In a challenging worldwide economy and an operating environment marked by widespread natural disasters, globalization, complex supply networks, expanding cyber, privacy and other emerging exposures, and intense competition, effective risk management has become a critical priority for all businesses,” Giarraputo added.
“We’re certain the results will prove useful as our readers assess their insurance and risk management needs and look to indentify ‘best-of-class’ providers in the months ahead.”In addition to the global winners, the magazine recognized top insurers by coverage line and best overall brokers in six regions of the world, including US, Canada, Europe, Central, Eastern Europe, Latin America, Caribbean, Asia, Pacific and Middle East and Africa