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Top 4 Challenges Insurance Agencies, IMOs, and FMOs Face with Producer-to-Carrier Contracting

coverager

Without visibility into a producer’s progress through the contracting and appointment process, you also can’t give your producers predictable timelines for when they’re ready to sell.

Posted: Aug 12, 2025

One80 Intermediaries officially joins Arrowhead Programs and Bridge Specialty Group

coverager

Arrowhead Intermediaries will include three distinct divisions with key senior leader appointments.

Posted: Aug 12, 2025

Würk partners with Symphony Grow

coverager

Symphony Grow will provide insurance, employee benefits, and risk management solutions to Würk clients. 

Posted: Aug 12, 2025

Plymouth Rock announces executive appointments

coverager

Brooke Bass will join the company as Chief Operating Officer, and Dale Brooks will join as Chief Claims Officer.

Posted: Aug 12, 2025

Healthy Paws partners with PetSmart

coverager

Neural Earth offers AI-driven geospatial risk analytics.

Posted: Aug 12, 2025

People Moves: BHSI Names QBE’s Masciovecchio as Country Manager, Switzerland; Hamilton Insurance Gro...

Insurance Journal

This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Hamilton Insurance Group. A summary of these new hires follows here. BHSI Names QBE’s Masciovecchio as Country Manager, Switzer...

Posted: Aug 12, 2025

Do Kwon to Plead Guilty to US Conspiracy, Fraud Charges in $40B Crypto Collapse

Insurance Journal

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, is planning to plead guilty on Tuesday to two charges of conspiracy to defraud and wire fraud, a judge said at …

Posted: Aug 12, 2025

Do Kwon Pleads Guilty to US Fraud Charges in $40B Crypto Collapse

Insurance Journal

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded guilty on Tuesday to two U.S. charges of conspiracy to defraud and wire fraud. Kwon, 33, who co-founded Singapore-...

Posted: Aug 12, 2025

Liberty GTS promotes Jason Remsen to Head of East, Americas

Reinsurance News

Liberty Global Transaction Solutions (GTS), a division of Liberty Mutual Insurance, has announced the promotion of Jason Remsen to Head of East in the Americas region. Based in New York City, Remsen will report to Hilary Weiss, Head of Americas at...

Posted: Aug 12, 2025

Specialist Risk Group Acquires London-Based City Quarter Brokers

Insurance Journal

Specialist Risk Group (SRG), the London-based group of insurance intermediaries, has entered into an agreement to acquire City Quarter Brokers, subject to regulatory approval. Financial details of the deal were not disclosed. City Quarter Brokers is...

Posted: Aug 12, 2025

Containment Grows Slowly on Megafire in California

Insurance Journal

Firefighters continue to slowly make gains a massive wildfire burning in two California counties, now the biggest fire in the state this year, reaching “megafire” status. The Gifford Fire is threatening more than 822 structures and has pr...

Posted: Aug 12, 2025

CatIQ lowers Hurricane Debby flood loss estimate in Ontario & Quebec to CAD 2.8bn

Reinsurance News

CatIQ, a provider of industry-wide catastrophe insurance data and a subsidiary of PERILS, has released its fifth industry loss estimate for the extensive flooding in Ontario and Quebec caused by the remnants of Hurricane Debby between 9 and 10 Aug...

Posted: Aug 12, 2025

Allianz Trade appoints Stephen Georgetii as CCO for the Americas

Reinsurance News

Allianz Trade, a provider of trade credit insurance and part of the Allianz Group, has appointed Stephen Georgetii as its new Chief Credit Officer for the Americas. In this role, Georgetii will oversee the development and implementation of credit...

Posted: Aug 12, 2025

CDC Shooter Believed COVID Vaccine Made Him Suicidal, Father Tells Police

Insurance Journal

A Georgia man who opened fire on the U.S. Centers for Disease Control and Prevention headquarters, shooting dozens of rounds into the sprawling complex and killing a police officer, had blamed the COVID-19 vaccine for making him depressed and suicida...

Posted: Aug 12, 2025

Zurich launches Fronted MBR solution for multibillion-dollar construction programs

Reinsurance News

Zurich North America has launched its Fronted Master Builders Risk (MBR) solution, a new insurance product designed to handle unprecedented scale and complexity of today’s largest construction projects. This offering is particularly relevant given...

Posted: Aug 12, 2025

Chemours Must Stop Unlawful Pollution of Ohio River, Federal Court Orders

Insurance Journal

A federal judge ordered the Chemours Chemical Company on Thursday to immediately stop discharging unlawful levels of cancer-causing chemicals into the Ohio River from the company’s Washington Works plant in West Virginia. “Those pollutant...

Posted: Aug 12, 2025

While LA Burned, Rules to Protect Homes From Wildfires Were on Hold

Insurance Journal

As wildfires raged across Los Angeles in January, a state official parried an email from a resident living on the edge of the conflagration: When would long-delayed regulations designed to protect high-risk homes like hers be implemented? “I do...

Posted: Aug 12, 2025

CAC Group names John Ludwig as President & Chief Growth Officer

Reinsurance News

CAC Group, a national insurance broker and advisor comprised of CAC Specialty and CAC Agency, has appointed John Ludwig to the newly created role of President & Chief Growth Officer. The appointment underscores CAC’s continued investment...

Posted: Aug 12, 2025

Musk Says xAI to Take Legal Action Against Apple Over App Store Rankings

Insurance Journal

Billionaire Elon Musk said on Monday his artificial intelligence startup xAI would take legal action against Apple, accusing the iPhone maker of breaching antitrust regulations in managing the App Store rankings. “Apple is behaving in a manner...

Posted: Aug 12, 2025

Hiscox lifts return estimates for syndicates 33 and 6104

Reinsurance News

International specialist insurer Hiscox has disclosed current estimates for Syndicate 33’s and Syndicate 6104’s 2023 and 2024 accounts. For the 2023 year of account, Hiscox now estimates that Syndicate 33 will generate a return of 12%...

Posted: Aug 12, 2025

Specialist Risk Group acquires London-based broker City Quarter Brokers

Reinsurance News

Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced it has entered into an agreement to acquire London-based broker City Quarter Brokers. Established in 2018, City Quarter Brokers is an indepe...

Posted: Aug 12, 2025

Surplus Lines Premiums Surge to $46.2 Billion in First Half of 2025

Risk & Insurance

Premium growth of 13.2% at midyear 2025 reported by stamping offices reflects E&S industry's expanding role as alternative coverage solution, the Wholesale & Specialty Insurance Association reports. The post

Posted: Aug 12, 2025

Lockton unveils new U.S. practice alignment to better serve clients

Reinsurance News

Privately held insurance brokerage Lockton has made a range of national leadership appointments to reinforce its commitment to key industries, reportedly expanding its expertise and industry focus. Namely, Matthew Payne has been named U.S. Transpo...

Posted: Aug 12, 2025

Finland Charges Eagle S Tanker Captain, Officers Over Cable Cuts

Insurance Journal

Finland’s national prosecutor’s office said on Monday it had brought charges against the captain and first and second officers of the Eagle S oil tanker over the cutting of undersea cables in the Gulf of Finland in December. The Georgian...

Posted: Aug 12, 2025

Canada Life Re’s base earnings grow 9% in Q2’25 to $229m

Reinsurance News

Canada Life Reinsurance has posted “outstanding” Q2 2025 results, according to its CEO, delivering $229 million in base earnings for the quarter, marking a 9% increase over the same period last year. The strong performance builds on the firm’s rob...

Posted: Aug 12, 2025

Hannover Re seeing growth in most segments, nat cat risk appetite expanding: Sven Althoff

Reinsurance News

Hannover Re, one of Europe’s big four reinsurance companies, has achieved year-to-date growth in traditional treaty renewals of 5.4%, with one of the key drivers being underlying expansion of the firm’s ceding companies, while the carr...

Posted: Aug 12, 2025

Davies names Richard Barke as CEO of Insurance Solutions division

Reinsurance News

Davies, a professional services and technology provider for the insurance and regulated markets, has promoted Richard Barke to CEO of its Insurance Solutions division. In his new role, Barke will oversee operations and shape the division’s growth...

Posted: Aug 12, 2025

Ategrity’s underwriting income up 119.1% as CoR improves to 88.9% in Q2’25

Reinsurance News

Ategrity Specialty Insurance Company Holdings reported strong underwriting results for the second quarter of 2025, with underwriting income rising 119.1% to $9.6 million from $4.4 million in the prior-year period, alongside an improved combined ra...

Posted: Aug 12, 2025

Wildfires Briefly Shut Dardanelles Strait to Shipping as Europe Battles Infernos

Insurance Journal

Wildfires briefly shut the Dardanelles Strait to shipping on Monday evening, as extreme heat and strong winds fueled blazes across the Mediterranean. The Dardanelles — a vital maritime chokepoint for oil and gas from the Black Sea and Central Asia &#...

Posted: Aug 12, 2025

Update: Wildfire Briefly Shut Dardanelles Strait to Shipping as Europe Battles Infernos

Insurance Journal

Wildfires briefly shut the Dardanelles Strait to shipping on Monday, as extreme heat and strong winds fueled blazes across the Mediterranean. The Dardanelles — a vital maritime chokepoint for oil and gas from the Black Sea and Central Asia — …

Posted: Aug 12, 2025

Wildfire Briefly Shut Dardanelles Strait to Shipping as Europe Battles Infernos

Insurance Journal

Wildfires briefly shut the Dardanelles Strait to shipping on Monday, as extreme heat and strong winds fueled blazes across the Mediterranean. The Dardanelles — a vital maritime chokepoint for oil and gas from the Black Sea and Central Asia — …

Posted: Aug 12, 2025

Swiss Re CorSo names Sawalani as Head of Customer & Distribution Management, SEA

Reinsurance News

Swiss Re Corporate Solutions (CorSo), the commercial insurance arm of reinsurance giant Swiss Re, has appointed Preeti Sawalani as Head of Customer and Distribution Management, Southeast Asia (SEA), effective September 1st, 2025. In her new role,...

Posted: Aug 12, 2025

Atrium expands Aviation underwriting team with new hire

Reinsurance News

Atrium, an insurance group operating within Lloyd’s market, has announced the appointment of Rob James as an Underwriter in its Aviation division. Atrium provides tailored insurance solutions across various specialty sectors, including aviation. J...

Posted: Aug 12, 2025

PIC concludes £36m buy-in with Helaba Pension and Life Assurance Plan

Reinsurance News

Pension Insurance Corporation, a specialist insurer of defined benefit pension schemes, has concluded a £36 million buy-in with the Helaba (London) Pension and Life Assurance Plan, covering the pensions of all 156 members. Helaba Group is a commer...

Posted: Aug 12, 2025

TransRe collaborates with Cytora to enhance facultative risk processing efficiency

Reinsurance News

TransRe, a reinsurance company specialising in facultative reinsurance solutions, has partnered with Cytora, a technology firm known for its digital risk processing platform, to implement Concierge, Cytora’s AI-driven service, across its worldwide...

Posted: Aug 12, 2025

Pacific Life Re appoints new leaders in Asia to strengthen regional partnerships

Reinsurance News

Life and health reinsurer Pacific Life Re has appointed Wallace Ong to the newly created role of Head of Business Proposition and Enablement, Protection, Asia, while Spenser Chen succeeds him as Head of South East Asia (SEA), Protection, Asia. The...

Posted: Aug 12, 2025

Hannover Re posts 13% rise in net income as Group revenue hits €13.3bn in H1’25

Reinsurance News

European reinsurer Hannover Re has reported a 3.3% rise in gross reinsurance revenue to €13.3 billion for the first half of 2025, with solid revenue growth in property and casualty (P&C) more than offsetting a slight contraction in life and he...

Posted: Aug 12, 2025