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Alta Signa Europe B.V., the European boutique managing general agent (MGA) and Lloyd’s coverholder, announced the opening of an office in Switzerland, marking a significant milestone in the company’s expansion strategy in the Germany, Aus...
Posted: Jun 05, 2024
Independence Pet Holdings has acquired a majority interest in Spot Pet Insurance, an expansion of IPH’s 2022 investment in the Miami-headquartered insurer. Independence, founded in 2021 and helmed by CEO Lane Kent, already handles Spot’s...
Posted: Jun 05, 2024
Alta Signa Europe B.V., the European boutique managing general agent (MGA), is expanding its presence in the DACH region by opening a new office in Switzerland. This new office will have access to high-quality insurance options from trusted partne...
Posted: Jun 05, 2024
Following the launch of Connected Underwriting Life Workbench in North America last year, Appian, a software company that automates business processes, in partnership with Swiss Re, has made the solution available in select countries in Asia Pacif...
Posted: Jun 05, 2024
He holds a Bachelor of Arts from Dickinson College (Carlisle, Penn.) and Master of Business Administration in Finance from Notre Dame de Namur University (Belmont, Calif.).
Posted: Jun 05, 2024
Read how MGA insurtech Jetty went from a month-long compliance fire drill to a streamlined compliance process using AgentSync’s AutoPilot service.
Posted: Jun 05, 2024
This integration allows commercial line insurers to use Earnix's solution for analytics, rating, and pricing.
Posted: Jun 05, 2024
Henchman serves over 170 legal and corporate customers globally, including major US and European law firms and companies.
Posted: Jun 05, 2024
This acquisition will expand Chubb's presence in the Australian aviation market.
Posted: Jun 05, 2024
FinShore provides a fully embedded monthly payment option to over 100,000 Canadians insured with APOLLO.
Posted: Jun 05, 2024
Ambac Financial Group has signed a definitive agreement to acquire a 60% controlling stake in Beat Capital Partners Limited, a London-based insurance underwriting and managing general agency (MGA) incubation platform, for approximately $282 millio...
Posted: Jun 05, 2024
Swiss Re has proposed an industry focus on the issue of loss creep after natural catastrophe events in Europe, calling it an industry-wide phenomenon, which shows the “pressing need” for a more precise reserve setting after nat cat eve...
Posted: Jun 05, 2024
Global reinsurance broking and advisory firm Gallagher Re has been selected to provide reinsurance broking and risk advisory services to SEADRIF Insurance Company. According to SEADRIF, this appointment includes the placement of reinsurance in int...
Posted: Jun 05, 2024
Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced that its specialist underwriting subsidiary Pen Underwriting has acquired Ireland’s Wrightway Underwriting Ltd. Terms of the transaction were not disclosed. Ba...
Posted: Jun 05, 2024
Greenhouse gases produced by human activity made the recent deadly flooding in Brazil twice as likely as it would have been in the preindustrial era, according to a rapid analysis of the event by World Weather Attribution (WWA), an international R...
Posted: Jun 05, 2024
Property and casualty insurer, The Hartford has announced the appointment of Kathleen Winters to the company’s board of directors, effective July 1, 2024. Winters will serve on the board’s Finance, Investment and Risk Management Committee as well...
Posted: Jun 05, 2024
Crux Risk Services, a Managing General Agent (MGA) focused on delegated authority underwriting in the Terrorism insurance sector, has been approved by Lloyd’s as a Coverholder. With support by MGA accelerator DA Strategy, Crux was co-founded by Gr...
Posted: Jun 05, 2024
Guidewire has revealed that total revenue for Q3 of the fiscal year 2024 was $240.7 million, an increase of 16% from the same quarter in 2023. Guidewire also disclosed that its subscription and support revenue was $138 million in Q3 of 2024, an in...
Posted: Jun 05, 2024
Canadian financial holding company, Fairfax Financial Holdings Limited has appointed Gobinath Athappan as its new Chairman and Chief Executive Officer of Fairfax Asia. He will also reportedly be appointed Chairman of Singapore Re after regulatory...
Posted: Jun 05, 2024
ClimateWise, which is part of the Cambridge Institute for Sustainability Leadership (CISL), in collaboration with two of its members, Howden, the global insurance intermediary group, and MS Amlin, Lloyd’s global insurer and reinsurer, have d...
Posted: Jun 05, 2024
Global insurer Chubb has entered into a definitive agreement to acquire Catalyst Aviation Insurance, a Melbourne-domiciled managing general agent (MGA) specialising in general aviation insurance for the Australian market. The transaction is expect...
Posted: Jun 05, 2024
Insurance Business Magazine - US
Posted: Jun 05, 2024
P/C Insurers Slow to Achieve Analytics Ambitions: Survey Just under hal...
Posted: Jun 05, 2024
Posted: Jun 05, 2024
Bloomberg Intelligence, a research division of the financial media company Bloomberg LP, warns that major space storms could surpass the financial impact of events like Hurricane Katrina, with disruptions to radio communications, power grids, spac...
Posted: Jun 05, 2024
Unregulated tankers sidestepping Western sanctions are posing a bigger risk to the Mediterranean region and Greece is undertaking more protective measures to safeguard its coast, the country’s shipping minister told Reuters on Tuesday. Up to 85...
Posted: Jun 05, 2024
Climate risk modeling has improved for hurricanes and wildfires. Now, the industry is turning its attention to secondary perils. The post
Posted: Jun 05, 2024
Services at several London hospitals were disrupted after a provider that helps manage blood transfusions and lab services was hit by a ransomware attack. Lab services provider Synnovis confirmed the attack in a statement on Tuesday and said it was &...
Posted: Jun 05, 2024
EQC Toka Tū Ake, or New Zealand’s Earthquake Commission (EQC) in a record move has secured a whopping reinsurance tower of $9.2 billion from 1st June 2024 to protect homeowners from the impact of natural hazards, helping to ensure home insurance r...
Posted: Jun 05, 2024
Mid-market business leaders in the US view cyber, economic, and regulatory risks as the biggest threats to their operations in 2024, according to a new report by Marsh McLennan Agency. The report reveals that 75% of businesses are highly concerned...
Posted: Jun 05, 2024
Charles Taylor, a global provider of professional services and technology solutions to the global insurance industry, has announced the appointment of Clay Humphries as Executive Vice President of Property and Casualty in the United States. In his...
Posted: Jun 05, 2024
AdvantageGo, a provider of commercial insurance and reinsurance software and part of Coforge, has announced a strategic alliance with Expleo, an engineering, quality assurance, and digital consulting company. This new partnership focuses on implem...
Posted: Jun 05, 2024
Marsh McLennan Agency said it completed its purchase of Fisher Brown Bottrell Insurance, Inc. from Trustmark National Bank for about $316 million. The subsidiary of Marsh said all Jackson, Mississippi-based Fisher Brown Bottrell employees will join M...
Posted: Jun 05, 2024
Whether a flight attendant was fired for her religious beliefs or for improper conduct when she sent graphic anti-abortion material and disparaging messages to a union leader was at the heart of appeals court arguments Monday, as Southwest Airlines a...
Posted: Jun 05, 2024
ATLANTA (AP) — For at least some residents, Atlanta’s water problems weren’t over Monday. Milena Franco, who lives in the city’s Midtown neighborhood, said she and her husband had water all weekend. But Monday morning, the flow was...
Posted: Jun 05, 2024
FRANKFORT, Ky. (AP) — Kentucky Gov. Andy Beshear said this week that a rental housing shortage has gnawed at him since the recovery began from a terrifying tornado outbreak that hit western parts of the state in late 2021. The …
Posted: Jun 05, 2024
State and federal safety officials are investigating a fatal explosion and fire at a Chattanooga, Tennessee, steel-hardening facility. The U.S. Chemical Safety and Hazard Investigation Board said it had sent a team to the TS USA liquid nitriding plan...
Posted: Jun 05, 2024
Global insurance broker Hub International Limited reported it has acquired The Essex Agency, Inc. of Essex Junction, Vermont. Terms of the transaction were not disclosed. The Essex Agency is an independent insurance agency offering personal and comme...
Posted: Jun 05, 2024
Synpulse, a management consultancy specialising in the financial services industry, has hired Yoann Chassot as the new Head of Data and AI within the firm’s Europe and Americas region. A renowned figure within the industry, Chassot joins Syn...
Posted: Jun 05, 2024
Global specialty insurance broker NSM Insurance Group has completed its acquisition of Strategic Underwriters International (SUI). Based in Doylestown, Pennsylvania, SUI is a managing general agent (MGA) in the casualty facultative reinsurance market...
Posted: Jun 05, 2024
A Virginia hospital is not vicariously liable for a sexual molestation committed by one of its nurses against a patient because the nurse’s actions were clearly outside the scope of his employment duties and were personally motivated. A patient...
Posted: Jun 05, 2024
Oregon’s Department of Consumer and Business Services received notification of 24,947 accepted disabling claims for occupational injuries and diseases in 2022, according to a new report looking back on data from the year. Employment increased b...
Posted: Jun 05, 2024
A Pennsylvania judge on Tuesday slashed a $2.25 billion U.S. verdict against Bayer to $400 million for a Pennsylvania man who said he developed cancer from exposure to the company’s Roundup weedkiller. A jury in the Philadelphia Court of Common...
Posted: Jun 04, 2024
This post is part of a series sponsored by AgentSync. When Jetty lost its designated resident licensed producer (DRLP), a compliance fire drill ensued. That’s when Jetty’s head of compliance knew for sure that the old way wasn’t wor...
Posted: Jun 04, 2024
Hackers targeted well known brands and celebrities on TikTok, sending a malicious link through private messages to hijack prominent accounts. The ByteDance Ltd.-owned social media service said it’s taking steps to mitigate the incident and stop...
Posted: Jun 04, 2024
Achieving Effective Claims Payments Claims ClareCarroll1
Posted: Jun 04, 2024
Dialogue as the Departure Point to Action Predict & Prevent ClareCarroll1
Posted: Jun 04, 2024
Climate and Catastrophe Risk Strategies Personal Lines ClareCarroll1
Posted: Jun 04, 2024