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Advent, a leading global private equity investor, has entered into a definitive agreement to acquire Sapiens International Corporation N.V., a provider of software solutions for the insurance industry, for $43.50 per common share, in an all-cash t...
Posted: Aug 13, 2025
Israeli software provider Sapiens International said on Wednesday that it will be acquired by Advent International for $2.5 billion in cash, as the U.S. private equity firm zeros in on the insurance industry amid an AI boom. The deal comes …
Posted: Aug 13, 2025
Israeli software provider Sapiens International said on Wednesday that it will be acquired by Advent International for $2.5 billion in cash, as the U.S. private equity firm zeros in on the insurance industry amid an AI boom. The deal comes …
Posted: Aug 13, 2025
Dynamic Re, a global underwriting firm providing reinsurance solutions to clients and partners worldwide, is expanding its operations and updating its leadership structure to support this growth. Francisco Hernández has been appointed Global CEO,...
Posted: Aug 13, 2025
Tampa, Florida-headquartered property insurer, American Integrity Insurance, has reported a 29.5% increase in gross premiums written (GPW) in the second quarter of 2025 to $287 million from $221.6 million in Q2’24. At the same time, in Q2’25, gros...
Posted: Aug 13, 2025
Antares Syndicate 1274 at Lloyd’s, which writes Property, Casualty, Marine and Specialty insurance and reinsurance, has reported a UK GAAP profit of $42 million for H1 2025, up from $41 million in H1 2024. During H1 2025, the syndicate also achiev...
Posted: Aug 13, 2025
Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has announced the appointment of Jocelyn Po as Country Head of Philippines. In her new role, Po will report to Musa Adlan, Managing Director of Asia and Head of Southeast...
Posted: Aug 13, 2025
Amiga Specialty, a B.P. Marsh-backed managing general agent (MGA), is welcoming Richard Mills as Transactional Risks Managing Director, UK & Europe, effective immediately. In his new role he has been tasked with establishing the transactional...
Posted: Aug 13, 2025
Beazley has reported insurance written premiums of $3.19 billion in H1 2025, up 2% from $3.12 billion in H1 2024, with CEO Adrian Cox saying the growth reflects the firm’s disciplined approach and its strategy of prioritising rate adequacy a...
Posted: Aug 13, 2025
A new survey by Prestige Underwriting has highlighted growing concerns among UK insurance brokers about the disconnect in the non-standard market, where an increasing number of clients are underinsured amid a softening market. The Prestige Underwr...
Posted: Aug 13, 2025
Typhoon Podul hit Taiwan’s sparsely populated southeast coast on Wednesday packing winds of up to 191 kph (118 mph), as a large swathe of southern and eastern parts of the island shut down and hundreds of flights were canceled. Taiwan …
Posted: Aug 13, 2025
Typhoon Podul blew through southern Taiwan on Wednesday packing winds of up to 191 kph (118 mph) and leaving one person missing, as a large swathe of the island shut down and hundreds of flights were canceled. Taiwan is regularly …
Posted: Aug 13, 2025
Bermuda-based insurer and reinsurer SiriusPoint has partnered with Arden Insurance Services LLC, a United States-based commercial property managing general underwriter (MGU), as a capacity provider for the MGU’s newly launched wildfire-expos...
Posted: Aug 13, 2025
Stonybrook Capital & Risk Management, a global advisory boutique, has announced the appointment of Peter McGuire to its Board of Directors. McGuire is an industry veteran with over three decades of experience in the re/insurance sector. He fou...
Posted: Aug 13, 2025
Pole Star Global, a provider of maritime intelligence solutions, has acquired UK-based Clearwater Dynamics, a real-time maritime risk intelligence company, marking its expansion into the marine insurance sector. The deal creates a new, integrated...
Posted: Aug 13, 2025
Willis, a WTW business, has announced the appointment of Seckin Atilgan as Head of Growth for Trade Credit in Asia, within its Credit Risk Solutions business. Based in Singapore, Atilgan will report to Lee Garvey, Head of Credit Risk Solutions, As...
Posted: Aug 13, 2025
A U.S. appeals court on Tuesday rejected a bid by a group of unions to block the Trump administration government downsizing team known as the Department of Government Efficiency from accessing sensitive data on Americans. The Virginia-based 4th U.S....
Posted: Aug 13, 2025
New insights into workforce recruitment and retention challenges suggest employers who don’t allow a remote work option may be missing out on talent, according to global background screening services and workforce management solutions provider...
Posted: Aug 13, 2025
The liability litigation environment in the U.S. continues to be challenging, driven by increases in nuclear and thermonuclear verdicts, rising attorney representation rates and evolving litigation strategies. Sedgwick’s new Liability Litigatio...
Posted: Aug 13, 2025
A United States Steel Corp. plant in Pennsylvania that experienced an explosion that killed at least two people has a history of accidents and violations over the past 15 years. The Clairton Coke Works plant near Pittsburgh, the biggest facility R...
Posted: Aug 13, 2025
The Sullivan Group named Thom Smith president and CEO. Smith will be responsible for overseeing day-to-day operations, advancing strategic initiatives and driving long-term growth across the organization. His focus will include expanding treaty reins...
Posted: Aug 13, 2025
AM Best has revised the outlook for WAICA Reinsurance Corporation PLC (WAICA Re) to positive from stable, while affirming the company’s Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair). According t...
Posted: Aug 13, 2025
New York state officials recently reported developments in two workers’ compensation fraud investigations involving Long Island residents who received thousands in benefits while engaging in off-the-books work — including one coaching high scho...
Posted: Aug 13, 2025
A California healthcare company and a Washington healthcare company just pay $145 million in separate matters to resolve Federal Trade Commission charges over misleading consumers. Assurance IQ, LLC and MediaAlpha, Inc. will pay a total of $145 milli...
Posted: Aug 13, 2025
Pie Insurance announced it is now offering its “data-driven” workers’ compensation insurance in Connecticut, targeting the state’s more than 365,000 small businesses. “Connecticut’s economy depends on small busines...
Posted: Aug 13, 2025
Two Chevrolets and a Hyundai topped the list of the most affordable new trucks and SUVs to insure for 2025, according to a new list compiled by California-based Mercury Insurance. Factors contributing to Mercury’s list included claims on simila...
Posted: Aug 13, 2025
AIG CEO Zaffino Highlights Integration of GenAI to Create Digital Tw...
Posted: Aug 12, 2025
Pie now offers workers' comp in 39 states and Washington, D.C.
Posted: Aug 12, 2025
Rodenhuis will report to Northwestern Mutual Chairman, President and Chief Executive Officer.
Posted: Aug 12, 2025
Fine-tuning processes can help with tech integration and improve agency efficiency.
Posted: Aug 12, 2025
Sapiens shareholders will receive $43.50 per share in cash, representing a 64% premium to the company’s undisturbed closing price.
Posted: Aug 12, 2025
The Washington-based insurance agency will launch with Crum & Forster underwriting and backing from Griffin Highline Capital and Badger Equity.
Posted: Aug 12, 2025
A 65-year-old retiring in 2025 can expect to spend an average of $172,500 in healthcare … Read more
Posted: Aug 12, 2025
Why Supply Chain Risk Still Surprises Cyber Insurers Cyber
Posted: Aug 12, 2025
Agencies Need Multilingual Customer Support Agent & Broker
Posted: Aug 12, 2025
There is no excerpt because this is a protected post. The post Protected: Jersey Shore Jumble appeared first on Risk & Insurance....
Posted: Aug 12, 2025
New Studies Tie Unrecognized Deaths, Health Problems to Maui and LA Wildfires The toll of wildfires is...
Posted: Aug 12, 2025
Explosions at US Steel Plant Leaves 2 Dead, 10 Injured Multiple explosions on Monday at a U.S. Steel plant near Pittsburgh, Pennsylvania, killed two people and injured 10 others, according to the company and local authorities. The blasts at the Clair...
Posted: Aug 12, 2025
Most Affordable New Trucks, SUVs to Insure: Mercury Insurance A...
Posted: Aug 12, 2025
Employees Question Extensive Use of AI by Managers: Study Though the use...
Posted: Aug 12, 2025
The Austin Association of Insurance Professionals (AAIP) held their 2025 installation dinner on Wednesday, June 20th at The Oasis on Lake Travis in Austin, Texas. The 2025/26 Officers & Directors for AAIP were installed. AAIP President, Meghan We...
Posted: Aug 12, 2025
The U.S. Chemical Safety and Hazard Investigation Board (CSB) said today that it is investigating the fatal explosions and fires at U.S. Steel’s Clairton Coke Works plant in Clairton, Pennsylvania, that occurred on Monday. Two people were kille...
Posted: Aug 12, 2025
A judge has stopped government contractors in five states from sending hazardous waste to a Michigan landfill after a year of legal challenges by Detroit-area communities concerned about possible environmental impacts. Wayne County Judge Kevin Cox sa...
Posted: Aug 12, 2025
Flash flooding canceled the final day of the Wisconsin State Fair on Sunday as continued heavy rainfall in half a dozen Midwest states forced motorists to abandon their vehicles, cut power to thousands of households and closed busy roadways. Organize...
Posted: Aug 12, 2025
Brian Keeper doesn’t remember exactly when his family began spending holidays in Hunt, an unincorporated town on the banks of the Guadalupe River where they’d camp, swim, and fish. Sometimes they caught so many perch, bass, and catfish th...
Posted: Aug 12, 2025
Swiss Re’s August 2025 Life Guide has introduced guidance for underwriters on how to assess life insurance applicants who show signs of using repurposed longevity drugs, an emerging trend among health-conscious individuals. The update provid...
Posted: Aug 12, 2025