All Posts

Vessel Protect appoints James Kent as Senior Business Development Underwriter

Reinsurance News

Vessel Protect, a specialist war risk underwriter and part of Pen Underwriting, is enhancing its marine capabilities with the appointment of industry veteran James Kent as Senior Business Development Underwriter. Chris Goddard, Co-Managing Directo...

Posted: Jun 11, 2024

MEMIC Selects Guidewire to Modernize Policy Admin, Underwriting, and Billing

IIR

The workers’ compensation insurer will leverage Guidewire Cloud to increase business agility and deliver more value to customers.

Posted: Jun 11, 2024

Pyte Announces $5M in Funding for Private and Secure Data Utilization and Collaboration

IIR

The latest funding aims to accelerate the commercialization of Pyte’s secure computation platform for data utilization and collaboration.

Posted: Jun 11, 2024

Aon Announces $350M Insurance Program for Economic Recovery in Ukraine

IIR

The program includes a comprehensive $50M reinsurance facility and an additional $300M in war risk insurance for Ukraine’s health care and agriculture industries.

Posted: Jun 11, 2024

M&A Trends: Shifting From Selling Out to Selling in

IA Magazine

There is a lot of noise and misinformation in the marketplace, but focusing on the fundamentals to lead a quality, organic-growth-first organization will preserve your ability to choose the perpetuation path that is best for you.

Posted: Jun 11, 2024

Owning It: Meet Young Agent Nnamdi Anene

IA Magazine

"It meant everything to me to know that I had mentors who believed in me and told me that I could achieve whatever I wanted to do, as long as I was taking the right steps," says young agent Nnamdi Anene.

Posted: Jun 11, 2024

Owning It: Meet Young Agent Nnamdi Anene

IA Magazine

"It meant everything to me to know that I had mentors who believed in me and told me that I could achieve whatever I wanted to do, as long as I was taking the right steps," says young agent Nnamdi Anene.

Posted: Jun 11, 2024

Owning It: Meet Young Agent Megan Kempf

IA Magazine

"The accessibility of buying insurance online is becoming so great that the convenience of doing insurance without an agent is an issue that will probably come up a lot more," says young agent Megan Kempf. "I think it’s creating problems for people w...

Posted: Jun 11, 2024

Owning It: Meet Young Agent Megan Kempf

IA Magazine

"The accessibility of buying insurance online is becoming so great that the convenience of doing insurance without an agent is an issue that will probably come up a lot more," says young agent Megan Kempf. "I think it’s creating problems for people w...

Posted: Jun 11, 2024

Columbian Mutual to stop selling life insurance

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Columbian Mutual has ~700k policyholders. 

Posted: Jun 11, 2024

Vantage Risk introduces US primary cyber insurance

coverager

US Cyber and E&O one of Vantage's 10 insurance businesses.

Posted: Jun 11, 2024

Fortegra granted license to operate in Belgium and European Union

coverager

Fortegra's Belgium operations offer the company access to strategic distribution channels.

Posted: Jun 11, 2024

OpenAI partners with Apple

coverager

Apple is integrating ChatGPT into experiences within iOS, iPadOS, and macOS.

Posted: Jun 11, 2024

Trust is Top Driver of Auto Insurance Customer Satisfaction: J.D. Power

Carrier Management

Trust is Top Driver of Auto Insurance Customer Satisfaction: J.D. Power High auto insurance...

Posted: Jun 11, 2024

Mistral AI raises €600 million

coverager

Belfius participated in the round.

Posted: Jun 11, 2024

Euclid Program Managers launches Euclid Mortgage

coverager

The company is being formed by Joe Monaghan and Joe Hissong.

Posted: Jun 11, 2024

PRMA’s CEO Diane Delaney Talks to Risk & Insurance About High-Net-Worth Risk Transfer

Risk & Insurance

Having a broad experience in the high net worth space, PRMA's Diane Delaney is excited to be putting that to work for the organization she now leads. The post

Posted: Jun 11, 2024

PRMA’s Executive Director Diane Delaney Talks to Risk & Insurance About High-Net-Worth Risk Transfer

Risk & Insurance

Having a broad experience in the high net worth space, PRMA's Diane Delaney is excited to be putting that to work for the organization she now leads. The post

Posted: Jun 11, 2024

How the Whole Worker Approach Is Transforming Claims and Outcomes

Risk & Insurance

The Whole Worker model is placing the injured worker at the center of care, taking into account their emotional wellbeing and working to create a sense of calm to their anxiety-inducing injuries. The post

Posted: Jun 11, 2024

Vantage launches U.S. primary cyber insurance

Reinsurance News

Vantage Group Holdings, a specialty insurer and reinsurer, has announced that its U.S. subsidiaries will now offer primary cyber insurance, providing up to $10 million in coverage. This new cyber insurance offering supports the company’s con...

Posted: Jun 11, 2024

Fire Risk Prompts Recall of Nearly 463,000 Kia Telluride SUVs

Carrier Management

Fire Risk Prompts Recall of Nearly 463,000 Kia Telluride SUVs Kia America is recalling nearly 463,000 T...

Posted: Jun 11, 2024

Trust Top Driver of Auto Insurance Customer Satisfaction: J.D. Power

Carrier Management

Trust Top Driver of Auto Insurance Customer Satisfaction: J.D. Power High auto insurance premiums don't necess...

Posted: Jun 11, 2024

Multibillion-Euro Court Battle Over Stranded Russian Jets Begins in Dublin

Insurance Journal

Some of the world’s largest aircraft lessors faced off against their insurers in a Dublin courtroom on Tuesday at the start of a months-long battle over around 2.5 billion euros ($2.7 billion) of insurance claims related to jets stranded in &#8...

Posted: Jun 11, 2024

Lee Equity’s investment in Axis Insurance to accelerate growth

Reinsurance News

Axis Insurance, an independent specialty insurance brokerage, has announced it has received a significant growth investment from funds managed by investment firm, Lee Equity. According to the announcement, the partnership with Lee Equity, a specia...

Posted: Jun 11, 2024

Missouri Appeals Court Sides With Transgender Student in Discrimination Case

Insurance Journal

BLUE SPRINGS, Mo. (AP) — A $4.2 million verdict that jurors ordered a Missouri school district to pay a transgender student is under consideration again. The Western District Missouri Court of Appeals found last Tuesday that a judge erred in …

Posted: Jun 11, 2024

Canadian Broker Axis Insurance Gets Investment From PE Firm, Lee Equity Partners

Insurance Journal

Axis Insurance Managers Inc., the Vancouver-based independent specialty insurance brokerage, announced it has received a significant growth investment from Lee Equity Partners LLC, a middle market private equity firm that specializes in the financial...

Posted: Jun 11, 2024

Kia Recalls Nearly 463,000 Telluride SUVs Due to Fire Risk

Insurance Journal

Kia America is recalling nearly 463,000 Telluride SUVs — and urging owners to park their cars outside and away from other structures until an issue posing a fire hazard is fixed. The front power seat motor on the affected Tellurides …

Posted: Jun 11, 2024

DOXA Acquires Illinois MGA CPH Insurance

Insurance Journal

DOXA Insurance announced the acquisition of CPH Insurance, a Chicago-based MGA providing professional liability products for mental health, allied health and healthcare professionals. Founded in 2000 by founder and President Phil Hodson to specifical...

Posted: Jun 11, 2024

Andrzej Klesyk and Vincent Vandendael join MJM Holdings Supervisory Board

Reinsurance News

MJM Holdings has announced the appointments of Andrzej Klesyk and Vincent Vandendael to the Supervisory Board of the Company, a decision approved by the Extraordinary General Meeting of Shareholders of MJM Holdings SA. Marcin Slotala, CEO of MJM H...

Posted: Jun 11, 2024

10 Things You Could Be Spending Money On Instead of Maintaining Legacy Insurance Technology

coverager

Stop spending money on legacy tech systems that drain your budget and bum out employees. Learn what you could be getting for your money after modernizing.

Posted: Jun 11, 2024

Anterior raises $20 million

coverager

Founded in 2022 as Co:Helm, the company helps with healthcare administration.

Posted: Jun 11, 2024

NexPhase Capital backs P&C software company ISI

coverager

Terms of the investment were not disclosed.

Posted: Jun 11, 2024