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McGill and Partners and AEGIS London announce new digital partnership

Reinsurance News

McGill and Partners, the independent global specialty insurance and reinsurance broker, and AEGIS London, a Lloyd’s syndicate, have formed a strategic partnership to deliver smarter, digitally-enabled solutions for clients. The partnership aligns...

Posted: Dec 03, 2025

Arrowhead Intermediaries appoints Steven Beard as CEO, International

Reinsurance News

Arrowhead Intermediaries has announced the appointment of Steven Beard as Chief Executive Officer, International, who will join the firm in February 2026 and be based in London. Beard joins from Charles Taylor, where he served as Group President....

Posted: Dec 03, 2025

Alta Risk Earns Top Score for DUAE Performance Assessment

Insurance Journal

OVERLAND PARK, KS (Dec 3, 2025) – Alta Risk, an underwriting manager focused on specialty excess liability and environmental liability insurance, today announced that AM Best has assigned the firm a Delegated Underwriting Authority Enterprise (DUAE)...

Posted: Dec 03, 2025

Marsh McLennan Agency acquires three Hawai‘i-based insurance brokerages

Reinsurance News

Marsh McLennan Agency (MMA), part of global insurance and reinsurance brokerage Marsh McLennan, has acquired three privately owned Honolulu, Hawai‘i-based insurance brokerages from Tradewind Group, a diversified Hawai‘i investment company. The bro...

Posted: Dec 03, 2025

Venerable expands Findleton’s role to Head of Flow Reinsurance

Reinsurance News

Venerable, a privately held company that owns and manages legacy variable annuity business, has expanded Alexandra Findleton’s role at the firm to include serving as Head of Flow Reinsurance. The move aims to position the firm to accelerate...

Posted: Dec 03, 2025

The Baldwin Group and CAC to merge for $1.03bn

Reinsurance News

The Baldwin Group, an independent insurance brokerage and advisory firm, and CAC Group, a national middle-market insurance broker and advisor, comprising CAC Specialty and CAC Agency, have entered into a definitive agreement to merge, for a total...

Posted: Dec 03, 2025

Swiss Re’s Schoch appointed Strategic Consultant of Marine for Gallagher Re LAC

Reinsurance News

Gallagher Re, the reinsurance arm of the global broking group, has announced the appointment of Erika Schoch Strategic Consultant of Marine for Gallagher Re Latin America and Caribbean (LAC). In her new consulting role, Schoch will leverage her di...

Posted: Dec 03, 2025

LMG’s Data Council launches consultation for Claims Core Data Record

Reinsurance News

The London Market Group’s (LMG) Data Council has launched a consultation on the structure and fields of the Core Data Record (CDR) to cover claims. According to the announcement, the consultation will run for 12 weeks from November 26th. Market me...

Posted: Dec 03, 2025

Japan’s Asahi Aims to Restore Logistics by February Following Cyberattack

Insurance Journal

Japan’s Asahi Group on Thursday [November 27] said it aims to normalize logistical operations by February after a cyberattack in late September forced widespread suspension, though not all products will be available to ship by that time. The be...

Posted: Dec 03, 2025

EU Vets Assess Barcelona Swine Fever Outbreak as Cases Rise to Nine

Insurance Journal

A task force of EU vets began work in Barcelona on Tuesday to help contain an African swine fever outbreak as Spain, one of the world’s leading pork exporters, said the number of wild boars found infected with the virus …

Posted: Dec 03, 2025

People Moves: Demex Promotes Anderson to CEO, Coleman to President; Fumarola Coalition’s Chief Produ...

Insurance Journal

Demex, a technology-enabled reinsurance solution provider headquartered in New York City, promoted Michael Anderson to CEO following four years as chief growth officer. Demex also promoted Matthew Coleman to president, reinsurance from chief risk off...

Posted: Dec 03, 2025

Tech Industry Drive to Block State AI Laws Hits Wall in Congress

Insurance Journal

A powerful coalition of tech companies backed by the White House’s artificial intelligence chief appears to have failed to persuade lawmakers to use a must-pass defense bill to block state governments from regulating artificial intelligence, a...

Posted: Dec 03, 2025

Rising D&O Exposures as Geopolitical Shifts, Cyber Threats and AI Reshape Risk Landscape

Risk & Insurance

Average securities class action settlements climb 27% as boards navigate unprecedented complexity, rising insolvencies: Allianz Commercial. The post

Posted: Dec 03, 2025

Asurion Agrees to Buy CVC-Backed UK Warranty Provider D&G

Insurance Journal

Asurion LLC has agreed to acquire UK warranty business Domestic & General Group Ltd. as the US company looks to expand its business and geography. Nashville, Tennessee-based Asurion is buying D&G from CVC Capital Partners Plc and the Abu Dhab...

Posted: Dec 03, 2025

Bank of England Sees Rising Financial Risks From AI and Lending

Insurance Journal

The Bank of England said on Tuesday that threats to Britain’s financial system had risen this year due to stretched valuations of companies investing in artificial intelligence, risky lending and bets with borrowed money in government bond mark...

Posted: Dec 03, 2025

Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think

Insurance Journal

There has been much discussion in the insurance industry about artificial intelligence (AI) and how it can take on mundane, laborious tasks and complete them in a fraction of the time it would take a human. But the technology is …

Posted: Dec 03, 2025

Flood Quotes Aims to Make it Easier for Agents to Compare Premiums and Bind Policies

Insurance Journal

A new flood insurance quoting platform aims to streamline the process for insurance agents and brokers, providing real-time quotes from federal and private insurers all in one place. Flood Quotes is owned by National Flood Insurance LLC, and is based...

Posted: Dec 03, 2025

People Moves: Simplifai, Providing AI for Claims, Names New Board Members

Insurance Journal

Simplifai, a provider of agentic artificial intelligence for property-casualty insurance claims, with offices in Miami, Florida, and Oslo, Norway, has named new members to its board of directors. Noel Hamill and Nils Thomas Lien, both of whom have bu...

Posted: Dec 03, 2025

PRA’s LIST 2025 reinforces Fitch’s view that the UK life sector is well capitalised

Reinsurance News

Fitch Ratings said the UK Prudential Regulation Authority’s (PRA) 2025 Life Insurance Stress Test (LIST 2025) reinforces its view that the sector is well capitalised, but warns that real-world stress scenarios could lead to a different outcome due...

Posted: Dec 03, 2025

Report Asks Washington Lawmakers to Require Insurers to Better Track Wildfire Risk

Insurance Journal

A working group on wildfires in Washington wants the state Legislature to consider requiring insurers to internally track instances in which wildfire risk materially contributes to a policy nonrenewal, cancellation or eligibility determination—and to...

Posted: Dec 03, 2025

Why Maine Opposes New Limits on Truck Driver’s Licenses for Legal Immigrants

Insurance Journal

The Maine Bureau of Motor Vehicles (BMV) has joined the opposition to a federal rule that limits which legal immigrants can obtain a commercial driver’s license (CDL) or permit. The state says that if the new restrictions go into effect, &#8230...

Posted: Dec 03, 2025

Former Vermont Captive Regulator Bigglestone Joins SRS as Managing Director

Insurance Journal

Strategic Risk Solutions (SRS), an independent manager of insurance companies including captives, announced the appointment of Sandy Bigglestone as managing director/chief officer for Governance, Regulatory and Compliance. Beginning in January 2026,...

Posted: Dec 03, 2025

OpenAI Says ChatGPT Not to Blame in Teen’s Death by Suicide

Carrier Management

OpenAI Says ChatGPT Not to Blame in Teen’s Death by Suicide OpenAI defended itself against...

Posted: Dec 03, 2025

Asurion to acquire Domestic & General

coverager

According to a report by Bloomberg, the deal values the UK warranty business at $2.74 billion. 

Posted: Dec 02, 2025

Breeze partners with Unique Forwarding

coverager

The partnership reflects Breeze’s broader push to bring structure, consistency, and automation to freight-forwarder insurance programs.

Posted: Dec 02, 2025

Arch adds three senior underwriters across fleet and motor trade

coverager

Arch said the additions strengthen its motor capabilities and support its regional growth strategy.

Posted: Dec 02, 2025

OpenAI opens $2 million research program focused on AI and mental health

coverager

Applications are open through December 19, 2025, with selected proposals announced by January 15, 2026.

Posted: Dec 02, 2025

Summit raises $7.5 million

coverager

The company claims that it has over 10k customers.

Posted: Dec 02, 2025

Lula Technologies settles federal employment lawsuit following mediation

coverager

The financial terms of the settlement remain confidential.

Posted: Dec 02, 2025

The Baldwin Group and CAC Group to merge

coverager

Barnett succeeds Reid Spitz.

Posted: Dec 02, 2025