All Posts
As carriers grow, their onboarding and contract management processes must be able to scale accordingly without adding unnecessary operational burdens.
Posted: Apr 22, 2025
Insurance Business Magazine - US
Posted: Apr 22, 2025
J.C. Flowers & Co. is a private investment firm.
Posted: Apr 22, 2025
USQRisk is a MGA specializing in alternative risk transfer.
Posted: Apr 22, 2025
Ocient is a data analytics software solutions company.
Posted: Apr 22, 2025
The Oslo office marks the latest step in LSM’s Invest in Europe strategy, with Belgium expected to follow.
Posted: Apr 22, 2025
Markel's US and Bermuda operations will now be divided into two business divisions.
Posted: Apr 22, 2025
Inszone Insurance Services announced its recent acquisition of Davidson Insurance Agency Group, LLC. Located in Missouri, Davidson Insurance Agency has proudly served local businesses, families, and individuals since its founding in 1970, building a...
Posted: Apr 22, 2025
CorVel's compliance director Brad Fauler shares how creating a workplace culture of communication, transparency, and trust empowers frontline risk professionals to address compliance issues proactively rather than reactively. The post
Posted: Apr 22, 2025
Global insurer Chubb has appointed Janene Blizzard as the Head of Accident & Health (A&H) for Asia Pacific (APAC), effective June 1st, 2025, based in Singapore. Blizzard will report to Marcos Gunn, Regional President, Asia Pacific, with a...
Posted: Apr 22, 2025
Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean, the effects of the nation’s worst offshore oil spill are still ̷...
Posted: Apr 22, 2025
Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean, the effects of the nation’s worst offshore oil spill are still ̷...
Posted: Apr 22, 2025
A slow-moving, active storm system brought heavy rain, large hail and tornadoes to parts of Texas and Oklahoma and left three people dead as severe weather warnings Sunday continue to threaten parts of the south-central and Midwest U.S. On Easter ...
Posted: Apr 22, 2025
Ignyte and Novacore have launched following the recent sale of NSM Insurance Group’s U.S. commercial business to investment firm New Mountain Capital. Conshohocken, Pennsylvania-based NSM had said it would become two separate entities as a resu...
Posted: Apr 22, 2025
Three people died and a fourth was critically injured early Easter Sunday when a fire tore through an overcrowded home in Queens, that had no evidence of a working smoke detector and had blocked stairs and exits, fire officials said. …
Posted: Apr 22, 2025
The aging of the world population is set to dramatically increase the global dependency ratio, and as consumer behaviour shifts alongside trends towards greater urbanisation and automation of technology, the global property & casualty (P&C...
Posted: Apr 22, 2025
Rising tariffs create hidden insurance risks for U.S. importers, requiring updated cargo coverage strategies in an increasingly complex global supply chain environment. The post
Posted: Apr 22, 2025
Megan Greene, one of the Bank of England’s most hawkish policymakers, said Donald Trump’s wave of global tariffs is more likely to weigh on prices in the UK than it is to stoke higher inflation. In an interview with Bloomberg …
Posted: Apr 22, 2025
Ivans, a division of Applied Systems, has released its Q1 2025 results for the Ivans Index, showing that the average premium renewal rate change across nearly all major commercial lines, except Umbrella, decreased compared to Q4 2024. However, yea...
Posted: Apr 22, 2025
Zhibao Technology Inc., a China-based insurtech company specialising in digital insurance brokerage, has announced the establishment of Zhibao Labuan Reinsurance Company Limited. Labuan Financial Services Authority (LFSA) has granted Zhibao Labuan...
Posted: Apr 22, 2025
Property insurance volatility and emerging risks fuel recent growth in surplus lines premiums, according to AM Best. The post Surplus Lines Th...
Posted: Apr 22, 2025
Markel Insurance, the insurance arm of Markel Group Inc., has bifurcated the operations of its US and Bermuda operations, previously known as Markel Specialty, into US Wholesale and Specialty, and Programs and Solutions. Simultaneously, the insure...
Posted: Apr 22, 2025
Helix Underwriting Partners Ltd, the Bermuda-based multi-line managing general agent (MGA), has announced the appointment of Kevin Copeland to the newly-created role of Chief Financial Officer (CFO). Copeland brings over 25 years of experience in...
Posted: Apr 22, 2025
New Jersey Attorney General Matthew J. Platkin has filed a lawsuit against Discord, Inc. alleging that the messaging app provider is exposing kids to violent and sexual content and predators and has violated the state’s consumer protection laws...
Posted: Apr 22, 2025
As roads become more dangerous, 70% of company drivers say they worry about being killed or hurt in a collision or held liable for the damages. While 89% of company drivers rate their driving as good or excellent, less than …
Posted: Apr 22, 2025
CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurance business, announced the appointment of Nick Pritchard as interim chief underwriting officer with immediate effect, following the decision by Gregory Roberts to lea...
Posted: Apr 22, 2025
Fitch Ratings, a provider of credit ratings, commentary and research, has said that the growing reinsurance activities of several German and French insurers are contributing to stronger credit profiles, provided the associated execution risks are...
Posted: Apr 22, 2025
Global insurer American International Group (AIG), Inc. has appointed Ray Hall as Head of Western World, effective immediately, based in Scottsdale, Arizona. In the role, Hall will report to Lou Levinson, President and Chief Executive Officer, Lex...
Posted: Apr 22, 2025
Xceedance Appoints Sankaran as Global Chief Operating Officer Xceedance, headquartered in Worcester, Massachusetts, named Subramanian (Subbu) Sankaran to the new role of global chief operating officer. Sankaran has over 30 years of experience in glob...
Posted: Apr 22, 2025
UK domiciled insurer Admiral Group plc has agreed to sell its US motor insurance business, including Elephant Insurance Company and Elephant Insurance Services, to J.C. Flowers & Co., a global private investment firm in the financial services...
Posted: Apr 22, 2025
Global specialty insurance broker Ryan Specialty has agreed to acquire certain assets of USQRisk Holdings, LLC, a New York-headquartered managing general agency focused on nontraditional insurance. Formed in 2020 and operating in New York and London,...
Posted: Apr 22, 2025
The chief executive of W.R. Berkley Corp. said his company is very focused on the impacts of tariffs on loss costs, and ultimately pricing for short-tail lines of business. But the possibility of impacts of other lines, including workers’ compe...
Posted: Apr 22, 2025
Neptune Flood, one of the largest writers of private flood insurance, named four people to executive-level positions at the St. Petersburg-based company. Matt Duffy was elevated from managing director to president. Alais Griffin is the new general co...
Posted: Apr 22, 2025
Ethiopian Reinsurance (Ethio Re) has announced the appointment of Netsanet Lemesa as Chief Executive Officer (CEO), succeeding Fikru Tsegaye Wordofa, Executive Officer, Strategy and Development, who had been serving as Acting CEO. Lemesa brings a...
Posted: Apr 22, 2025
Global insurance broker Marsh USA filed suit against competitor Aon and a former Marsh team leader for allegedly poaching key members of Marsh’s construction surety team who resigned and moved to Aon last month. A complaint filed by Marsh in &#...
Posted: Apr 22, 2025
Insurance holding company W. R. Berkley Corporation has posted record high net premiums written for the first quarter of 2025 at $3.1 billion, compared to $2.8 billion in Q1’24. This was supported by the growth in gross written premiums (GWP) for...
Posted: Apr 22, 2025
MS&AD Insurance Group Holdings Inc. plans to invest as much as about ¥700 billion ($5 billion) to expand in the North American market, to meet its goal of doubling operating profits in the region, according to its chief executive officer. …
Posted: Apr 22, 2025
Reinsurance broker Gallagher Re has estimated that preliminary total insured losses for Q1’25 totalled at least $56 billion, marking the costliest first quarter for the private insurance market and government-sponsored insurance entities since 201...
Posted: Apr 22, 2025
Helvetia and Baloise plan to merge to create Switzerland’s second-largest insurance group with a combined business volume of 20 billion Swiss francs ($24.69 billion), the pair said on Tuesday. The new group, to be called Helvetia Baloise Holdin...
Posted: Apr 22, 2025
Navigate Re, a Guernsey Category 6 Special Purpose Entity, has launched during the first quarter of 2025 after securing regulatory approval from the Guernsey Financial Services Commission (GFSC). The company, which is also a Polo Insurance Manager...
Posted: Apr 22, 2025
Swiss Re’s P&C Reinsurance business unit has announced the creation of a new Global Facultative (Fac) market unit, which will be led by Sanaa Souidi. The unit aims to enhance the client experience through faster, more agile decision-making and...
Posted: Apr 22, 2025
Global specialty insurance firm Ryan Specialty has signed a definitive agreement to acquire certain assets of international managing general agent (MGA), USQRisk Holdings, LLC. The terms of the acquisition were not disclosed. The deal is expected...
Posted: Apr 22, 2025
Nick Pritchard has been appointed as interim Chief Underwriting Officer (CUO) of Conduit Holdings Limited (CHL), the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurer. Pritchard takes on his new position with immediate ef...
Posted: Apr 22, 2025
US primary insurer The Allstate Corporation expects aggregate reinsurance recoveries of approximately $123 million, as catastrophe losses in March saw the firm surpasses the retention level of its annual aggregate reinsurance cover for the annual...
Posted: Apr 22, 2025
Sustaining demand in the cyber insurance market is vital for long-term growth, requiring increased investment and innovation in product design to deliver more comprehensive, tailored solutions that position cyber coverage as an essential, value-dr...
Posted: Apr 22, 2025
This post is part of a series sponsored by AgentSync. In the complex and ever-evolving world of life and annuity (L&A) compliance, efficiency isn’t a luxury, it’s a critical factor in an organization’s success. One of the most o...
Posted: Apr 22, 2025
Industry giant Swiss Re has appointed Helvetia’s Bernhard Kaufmann to succeed Patrick Raaflaub as Group Chief Risk Officer (CRO), effective October 1st, 2025. Kaufmann has 17 years of industry experience and has held the position of CRO for...
Posted: Apr 22, 2025
The “gradual easing of the hard market” in 2024 led to an improvement for reinsurers, though less pronounced than in 2023, particularly in reinsurance terms and program structures, as per Hervé Nessi, Arundo Re’s Chief Underwriting Officer....
Posted: Apr 22, 2025
DUAL North America has announced it is strengthening its flood insurance leadership with the appointment of Cameron Conboy as Executive Vice President of Flood. In his new role, based in San Diego, Conboy will leverage his 19 years of industry exp...
Posted: Apr 22, 2025