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AXA announces the acquisition of Prima

coverager

The company has raised $30 million to date.

Posted: Aug 01, 2025

PERSISTENCY PAYS OFF

Rough Notes

This Tennessee agency takes the time to build strong, lasting relationships “We’ve focused on making the agency an attractive place to work by maintaining an organization where all employees are a valued, integral part of the team.” —Chip Piper Vice...

Posted: Aug 01, 2025

4 TIPS FOR HIRING AN AI-MINDED TEAM

Rough Notes

To stay competitive, your firm will need to harness the full potential of the most current insurtech tools By Michael Streit From streamlining claims processing and renewals to enhancing customer interactions, artificial intelligence (AI) and automat...

Posted: Aug 01, 2025

REMOVING FRICTION FROM INSURANCE DATA MANAGEMENT

Rough Notes

In an environment of endless streams of data, Aclaimant has found a way to deliver automated data collection and transformation, removing errors and overload By Lori Widmer David Wald recognized fairly quickly that the insurance industry was sufferin...

Posted: Aug 01, 2025

BOOST COMMERCIAL LINES PROFITABILITY

Rough Notes

Free digital tools that can help agents tackle the market By Kathy Hrach The insurance industry is constantly evolving, shaped by customer expectations and the dynamic relationships between agents and insurance carriers. This is especially true in th...

Posted: Aug 01, 2025

THE DATA-POWERED DESK

Rough Notes

Bringing clarity to every role in the agency By Anupam Gupta Digging through piles of paper reports or wrestling with spreadsheets just to figure out what is really going on in your insurance agency feels a bit like trying to find a specific document...

Posted: Aug 01, 2025

The Farmowners Policy: A Personal/Commercial Hybrid

Rough Notes

Farm Ag conference sessions go “back to the basics” By Christopher W. Cook Earlier this year, I attended the Big “I” Indiana Farm Ag Conference. The discussion topics piqued my interest. While I spent most of my life in the Indianapolis suburbs, in 2...

Posted: Aug 01, 2025

WHY THOUGHT LEADERSHIP ISN’T JUST FOR EXECUTIVES

Rough Notes

It’s not about having all the answers, but rather inviting others into the conversation By Lindsay Wallace When we picture “thought leaders,” our minds often go to seasoned executives being interviewed on the news, writing books, or getting quoted in...

Posted: Aug 01, 2025

BUILD YOUR COMMERCIAL BUSINESS IN 10 SMART STEPS

Rough Notes

From up-front planning to ongoing assessment, here’s advice to expand your agency’s reach By Mark Brandt Any task is easier when you break it into manageable steps. If you want to open a commercial insurance agency (or expand your personal lines agen...

Posted: Aug 01, 2025

Shaping The Future: Advice For The Next Wave Of Insurance Pros

Rough Notes

Three key strategies to help you thrive in the life insurance industry By Paul A. Quaranto Jr. The life insurance industry has come a long way—and consequently, so have the experience and expertise needed to keep it moving forward. Fueled by customer...

Posted: Aug 01, 2025

Remembering Walt

Rough Notes

REMEMBERING WALT Memories from employees, associates, and other friends News of Walt Gdowski’s passing brought dozens of Facebook comments from fellow Ewing (N.J.) High School alums about their Class of ’64 classmate. Comments like, “He was a great g...

Posted: Aug 01, 2025

Lenders Get Reprieve in UK Motor Finance Case From Top Court

Insurance Journal

A group of lenders won a major reprieve in a pivotal UK car finance case, after the country’s top judges agreed to rein in a lower court’s ruling that could have cost the banks billions more in consumer payouts. The …

Posted: Aug 01, 2025

Trump Tariff Blitz Unleashes Delayed Shock to Global Economy

Insurance Journal

Four months after Donald Trump shocked the world and roiled markets by unveiling a placard full of tariff rates at the White House Rose Garden, his revisions unveiled Thursday generated a more subdued response among investors. But at an average &#823...

Posted: Aug 01, 2025

Our reinsurance purchase strategy will remain agile and flexible: AXIS CEO Tizzio

Reinsurance News

In recent years, Bermuda-based re/insurer AXIS Capital Holdings has repositioned its reinsurance strategy to better fit with the company’s view of risk, and Chief Executive Officer (CEO), Vincent Tizzio, has said that the firm’s approa...

Posted: Aug 01, 2025

Fairfax reports Q2’25 net income increase with improved 93.3% CoR

Reinsurance News

Fairfax Financial Holdings Limited has announced its financial result for the second half of 2025, reporting net earnings of $1,436.7 million, increasing from the $1,055.8 million net earnings reported in the same period last year. According to th...

Posted: Aug 01, 2025

Glen Browne Appointed Global Head of Accident and Health at AIG

Risk & Insurance

The latest people news in the industry today. The post Glen Browne Appointed Global Head of Accident and Health at AIG appeared firs...

Posted: Aug 01, 2025

Jill Beggs Promoted to Executive Vice President and CEO of Reinsurance at Everest

Risk & Insurance

The latest people news in the industry today. The post Jill Beggs Promoted to Executive Vice President and CEO of Rein...

Posted: Aug 01, 2025

Sylvain Bouteillé Appointed Chief Underwriting Officer for Specialty, Americas at AXA XL

Risk & Insurance

The latest people news in the industry today. The post Sylvain Bouteillé Appointed Chief Underwriting Officer fo...

Posted: Aug 01, 2025

Trump Hits Dozens More Countries With Steep Tariffs

Insurance Journal

U.S. President Donald Trump imposed steep tariffs on exports from dozens of trading partners, including Canada, Brazil, India and Taiwan, ahead of a Friday trade deal deadline, pressing ahead with plans to reorder the global economy. Trump set rates...

Posted: Aug 01, 2025

Update: Markets Dive After Trump Hits More Countries With Steep Tariffs

Insurance Journal

U.S. President Donald Trump’s latest wave of tariffs on exports from dozens of trading partners sent global stock markets tumbling on Friday and countries and companies scrambling to seek ways to strike better deals. As Trump presses ahead with...

Posted: Aug 01, 2025

Lockton Appoints Kelly Thoerig as its D&O and EPL Product Leader

Risk & Insurance

The latest people news in the industry today. The post Lockton Appoints Kelly Thoerig as its D&O and EPL Product Leader appeare...

Posted: Aug 01, 2025

Insurance Agency M&A Market Settles Into New Normal as Consolidation Accelerates

Risk & Insurance

Deal volume stabilizes around 750-800 transactions annually while private equity maintains dominance and buyer pool shrinks significantly, Optis Partners reports. The post

Posted: Aug 01, 2025

CDI completes review of KCC US Wildfire Model

Reinsurance News

Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has announced that the California Department of Insurance (CDI) has completed its review of KCC’s US Wildfire Reference Model Version 3.0 under the newly establis...

Posted: Aug 01, 2025

Espionage, Including Theft of Intellectual Property, Cost Australia $12.5B in 2023-2024

Insurance Journal

Espionage cost Australia $12.5 billion in 2023-24, according to a study by ASIO and the Australian Institute of Criminology. The figure includes the direct costs of known espionage incidents, including state-sponsored theft of intellectual property,...

Posted: Aug 01, 2025

Aon combines commercial risk, health and reinsurance capabilities in India

Reinsurance News

Aon, a global insurance and reinsurance broker, has unified its commercial risk, health and reinsurance capabilities in India to operate as Aon Risk Insurance Brokers India Private Limited (ARIB), following approval from the National Company Law T...

Posted: Aug 01, 2025

Hydrogen Economy Boom Creates $3 Billion Insurance Market Opportunity

Risk & Insurance

Rising demand and unique risks drive need for specialized coverage as hydrogen projects multiply sevenfold, Allianz Commercial reports. The post

Posted: Aug 01, 2025

August 2025 ITL FOCUS: Operational Efficiency

Insurance Thought Leadership

August 2025 ITL FOCUS: Operational Efficiency Operational Efficiency sradomski Fri, 08/01...

Posted: Aug 01, 2025

AXA Shares Decline on Net Income Miss, Italian Takeover

Insurance Journal

AXA SA fell the most in almost four months after profit missed estimates and the French insurance group agreed to buy a majority in Italian car insurer Prima Assicurazioni. The stock fell as much as 7%, the biggest intraday decline …

Posted: Aug 01, 2025

RIQ enters 10-year reinsurance partnership with IHC, anchored by $500m+ in risk coverage

Reinsurance News

RIQ, the newly launched AI-native reinsurance platform purpose-built for the future of global risk transfer, has entered into a strategic partnership with IHC, anchored by a targeted allocation of more than $500 million in reinsurance premiums ove...

Posted: Aug 01, 2025

People Moves: QBE Hires ERGO’s Peerdeman to Launch Marine Insurance in Netherlands; HDI Global Appoi...

Insurance Journal

This edition of International People Moves details appointments at QBE and HDI Global. A summary of these new hires follows here. QBE Hires ERGO’s Peerdeman to Launch Marine Insurance Biz in Netherlands International business insurer QBE has hi...

Posted: Aug 01, 2025

Brit reports 2.1% profit increase in H1’25 despite impact of large cat losses

Reinsurance News

Brit Group Holdings Limited posted a profit before tax of $307.7 million for the first half of 2025, up 2.1% from $301.3 million in the same period a year earlier, amid an increased undiscounted combined ratio of 95.2%, up from 80.8%, due to large...

Posted: Aug 01, 2025

Allstate Q2 Income Eclipses $2B as Auto Turns in Combined Ratio of 86

Carrier Management

Allstate Q2 Income Eclipses $2B as Auto Turns in Combined Ratio of 86 Allstate Corp. sec...

Posted: Aug 01, 2025

Verisk’s $2.35B Buy of AccuLynx ‘Natural Fit’ for Claims Management Solutions

Carrier Management

Verisk’s $2.35B Buy of AccuLynx ‘Natural Fit’ for Claims Management Solutions Insurance data...

Posted: Aug 01, 2025

KCC Completes Review of California Wildfire Model

Insurance Journal

The California Department of Insurance completed a review of the KCC US Wildfire Reference Model Version 3.0, making it the state’s second wildfire catastrophe model. The new model for use by insurers in assessing wildfire risk in property insu...

Posted: Aug 01, 2025

Assessing Future Medical Costs in Catastrophic Injuries

Risk & Insurance

Economist Dr. Dubravka Tosic details the key litigation insights on the costs of life care plans. The post Assessing Future Medical Costs in Ca...

Posted: Aug 01, 2025