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Insly launches guide on scaling an MGA from £10m to £50m GWP

coverager

Insly has launched a new guide on ‘How to scale your MGA from £10m to £50m’. Drawing on insights from MGA and insurance experts, the guide provides a blueprint of the steps founders can take to expand their GWP and the bottom line. 

Posted: Sep 25, 2025

Markets/Coverages: Ryan’s Clach Casualty Targets Complex Construction, Habitational

Insurance Journal

Global specialty insurance firm Ryan Specialty announced the formation of Clach Casualty Underwriting Managers, a managing general underwriter (MGU) focused on providing casualty insurance for complex construction and habitational real estate risks....

Posted: Sep 25, 2025

National Flood Insurance Program Once Again on the Verge of Expiration

Insurance Journal

About six months after Congress passed a short-term reauthorization, the National Flood Insurance Program (NFIP) will soon expire—a prospect that could cause coverage lapses for policyholders with expiring contracts at the traditional height of hurri...

Posted: Sep 25, 2025

Arbol launches new wildfire parametric product for Western states

Reinsurance News

Continuing its expansion into further perils and geographies, Arbol has launched a new parametric wildfire insurance product for commercial and residential properties in high-risk wildfire regions in the U.S., with coverage limits up to $10 millio...

Posted: Sep 25, 2025

The Risk & Insurance Education Alliance Launches CISR Cross-Credit Program to Accelerate Completion...

Insurance Journal

Austin, TX., September 25, 2025 — The Risk & Insurance Education Alliance (the Alliance) has the launched a groundbreaking cross-credit program designed to create a more streamlined educational path for risk and insurance professionals. Thi...

Posted: Sep 25, 2025

Kingstone on track for strong 2025/26 growth: CEO Meryl Golden

Reinsurance News

Kingstone is on track to meet its full-year 2025 guidance, thanks to outstanding performance in the first half and continuing into the third quarter. This strong showing also positions the company for top-tier growth and profitability in 2026. For...

Posted: Sep 25, 2025

Insurers Fighting $345M Georgia School Abuse Award, With Policy Wording at Issue

Carrier Management

Insurers Fighting $345M Georgia School Abuse Award, With Policy Wording at Issue In one of th...

Posted: Sep 25, 2025

U.S. Intends to Cancel $13 Billion in Funds for Green Energy

Carrier Management

U.S. Intends to Cancel $13 Billion in Funds for Green Energy The U.S. Department of Energy intends to cancel m...

Posted: Sep 25, 2025

New Hampshire Receives First $8 Million Check From 3M Co. PFAS Water Settlement

Insurance Journal

New Hampshire has received an initial payment of close to $8 million from the 3M Company’s nationwide PFAS settlement of public drinking water systems claims. Attorney General John M. Formella said the funds will be deposited in the state&#8217...

Posted: Sep 25, 2025

Commercial auto insurance faces 13th year of underwriting losses in 2025: Conning

Reinsurance News

Conning, an investment management firm that also provides insurance research and strategic insights, has released its latest study, 2025: Commercial Auto Insurance Market – Challenges and Opportunities. The report delivers a thorough assessment of...

Posted: Sep 25, 2025

Death and Insurance (Not Taxes), Part 1

Insurance Journal

Enjoy this two-part guest post by our friend, Christopher Boggs, Chief Consultant, Boggs Risk & Insurance Consulting. Death has been on my mind recently. Partly for work reasons but mostly for personal reasons. Please understand that I’m ne...

Posted: Sep 25, 2025

Kentucky Distillery Bounces Back From Flood That Halted Bourbon Production

Insurance Journal

The long history of bourbon production at Buffalo Trace Distillery has been connected to the Kentucky River — summed up as a blessing and curse by a plaque on the grounds. In the 1800s, long before the Buffalo Trace name …

Posted: Sep 25, 2025

Top 5 Ways Catastrophe Trends Are Reshaping Commercial Coverage

Rough Notes

 Being ready as industry reactions affect commercial clients’ cost and access to capacity More and more, this is business by science, not gut feeling. Quoting is increasingly tied to quantified engineering and survey evidence rather than generic clas...

Posted: Sep 25, 2025

Former Student Sues Southern Miss and Fraternity Over Alleged Hazing Injuries

Insurance Journal

A former Omega Psi Phi pledge who alleges he was so severely beaten during the Nu Eta chapter’s “Hell Night” that he had to relearn how to walk is now suing the fraternity, the University of Southern Mississippi, multiple other &#82...

Posted: Sep 25, 2025

People Moves: Poland’s Largest Insurer PZU Names Benczak as CEO

Insurance Journal

Poland’s largest insurer PZU has appointed Bogdan Benczak as its new chief executive, filling a role that had been led by an acting CEO since the dismissal of his predecessor in August. The appointment, effective September 25, is conditional on...

Posted: Sep 25, 2025

CyberCube report shows diversification and mitigation can reduce cyber losses by over 50%

Reinsurance News

CyberCube, a provider of cyber risk analytics for the insurance industry, has released new research showing how diversification and mitigation strategies can materially reduce exposure to catastrophic cyber events. Based on analysis using CyberCub...

Posted: Sep 25, 2025

Amazon Sues to Block New York State Labor Law

Insurance Journal

Amazon.com sued the New York State Public Employment Relations Board on Monday to block it from enforcing a new law that the online retailer considers an attempt to illegally regulate private sector labor relations. In a complaint filed in Brooklyn &...

Posted: Sep 25, 2025

Canopius appoints Norm Kimber as Credit & Political Risk Underwriter

Reinsurance News

Canopius Group, a global specialty and Property & Casualty re/insurer, has announced the appointment of Norm Kimber as Credit & Political Risk Underwriter, effective in the first quarter of 2026. In his new role, Kimber will help strengthe...

Posted: Sep 25, 2025

US jury trends underscore need for broader reforms: Swiss Re

Reinsurance News

New research from Swiss Re has confirmed that juror sentiment in the U.S. has shifted decisively toward plaintiffs, which is reportedly influencing verdicts in measurable ways, reinforcing the scale and persistence of uncertainty in the liability...

Posted: Sep 25, 2025

The Fidelis Partnership Launches MGA, Imala Re, Opening 1st US Office in Miami

Insurance Journal

Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced it has launched a new managing general agent, Imala Re. TFP also announced it will be opening a Miami office on Oct. …

Posted: Sep 25, 2025

Storm Ragasa Nears Vietnam After Soaking Southern China

Insurance Journal

Tropical Storm Ragasa is moving toward northern Vietnam, threatening to drench the capital of Hanoi with heavy rain, after weakening overnight as the system tracked across southern China. The storm was near Beihai, packing maximum sustained winds of...

Posted: Sep 25, 2025

Aon promotes Leon Walker as Captives Leader, EMEA

Reinsurance News

Aon, the global insurance and reinsurance broker, has promoted Leon Walker as Captives Leader for Europe, the Middle East, and Asia (EMEA) effective January 1st, 2026. In his new role, Walker will drive strategy, transformation, and sustainable gr...

Posted: Sep 25, 2025

Collins Aerospace Working on Restoring Software for Airlines Hit by Cyberattack

Insurance Journal

RTX subsidiary Collins Aerospace is working on restoring its onsite passenger processing software for airlines after a cyber “intrusion” disrupted operations, the company said on Wednesday. Charlotte, North Carolina-based Collins Aerospac...

Posted: Sep 25, 2025

The Fidelis Partnership announces new MGA, Imala Re, launches Miami office

Reinsurance News

Pine Walk, a specialist managing general agent (MGA) platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has announced the launch of its newest MGA, Imala Re. TFP is also opening its first North American office in Miami on Octob...

Posted: Sep 25, 2025

Denmark Reels From Second Drone Attack in a Week Halting Flights

Insurance Journal

Denmark endured the second drone attack this week as authorities probe Russian involvement in an earlier incident. Large professional drones spotted at five regional airports in Denmark disrupted flights and sparked a major police operation. The airp...

Posted: Sep 25, 2025

L&G completes £1.6bn buy-in with BP Pension Fund

Reinsurance News

UK insurer Legal and General Assurance Society Limited (L&G) has completed a £1.6 billion buy-in with the BP Pension Fund, marking the first transaction for the £18 billion Fund. The two parties collaborated closely on the deal, including agre...

Posted: Sep 25, 2025

Amiga Specialty names James Rasmussen as Managing Director, Management Liability UK & Europe

Reinsurance News

Amiga Specialty, a specialist managing general agent (MGA) backed by B.P. Marsh, has appointed James Rasmussen as Managing Director for its Management Liability division covering the UK and Europe, effective immediately. Based in London, Rasmussen...

Posted: Sep 25, 2025

Amiga Specialty names James Rasmussen as MD, Management Liability UK & Europe

Reinsurance News

Amiga Specialty, a specialist managing general agent (MGA) backed by B.P. Marsh, has appointed James Rasmussen as Managing Director for its Management Liability division covering the UK and Europe, effective immediately. Based in London, Rasmussen...

Posted: Sep 25, 2025

India Considers Nuclear Liability Fund for Major Accidents, Sources Say

Insurance Journal

India plans to set up a nuclear liability fund to cover accident compensation in excess of 15 billion rupees ($169 million) owed by plant operators, in a bid to ease risk-sharing concerns among global suppliers and private firms, two government &#823...

Posted: Sep 25, 2025

Arundo Re is “flexible” but there’s a need to maintain discipline: Laurent Montador

Reinsurance News

Laurent Montador, Deputy Chief Executive Officer (CEO) of French reinsurer Arundo Re, told Reinsurance News at RVS 2025 in Monte Carlo, that as the risk landscape continues to evolve, it’s important to stay disciplined. Montador explained that at...

Posted: Sep 25, 2025

US Intends to Cancel $13 Billion in Funds for Green Energy

Insurance Journal

The U.S. Department of Energy intends to cancel more than $13 billion in funds that the Biden administration had pledged to subsidize wind, solar, batteries and electric vehicles, it said on Wednesday. It was not immediately clear which funds were &#...

Posted: Sep 25, 2025

Private Detectives Tail French Workers to Root Out Surging Sick Leave Fraud

Insurance Journal

Fabrice Lehmann caught sight of his target as he left his suburban Paris home, dressed for work. He began tailing him, trying to blend in with the commuters heading into the city. A private detective since 1994, Lehmann has increasingly …

Posted: Sep 25, 2025

Munich Re names Sabine Starbatty as Client Management Executive for MENA

Reinsurance News

Global reinsurer Munich Re has appointed Sabine Starbatty as Client Management Executive (CME) for Non-Life Middle East and North Africa (MENA), and she will continue to have dual responsibility as Head of Treaty Underwriting Property & Casual...

Posted: Sep 25, 2025

Coverys adds Littlemore and Farnworth to its Board

Reinsurance News

Coverys, a provider of insurance and reinsurance across a range of medical professional liability and healthcare lines, has appointed Rob Littlemore and Catherine Farnworth as Independent Non-Executive Directors. Additionally, Farnworth will also...

Posted: Sep 25, 2025

People Moves: Howden US Appoints Peterson to Lead Construction, Infrastructure and Surety; Sokol Nam...

Insurance Journal

Howden US, headquartered in Columbia, South Carolina, appointed Mark Peterson as head of its construction, infrastructure and surety practice. Peterson joins Mike Parrish’s Howden US team and works closely with Naresh Dade, global head of const...

Posted: Sep 25, 2025

Aviva completes £160m BPA with SG Pension Fund

Reinsurance News

Insurance and financial services company Aviva has completed a £160 million bulk purchase annuity (BPA) buy-in with the SG Pension Fund, securing the benefits of more than 1,900 members. The scheme sponsor is Portakabin Limited, a provider of modu...

Posted: Sep 25, 2025

Viewpoint: The New Era of Insurance Pricing Involves Precision, Speed, and Control

Insurance Journal

For decades, insurers have relied on spreadsheets and legacy systems to manage one of their most critical functions: pricing. But as market dynamics shift and pressures intensify, the old tools are no longer fit for this purpose. In today’s vol...

Posted: Sep 25, 2025

South Carolina Workers’ Comp Director Cannon Retiring as McRee Takes the Helm

Insurance Journal

South Carolina Workers’ Compensation Commission Executive Director Gary Cannon is retiring next month after 16 years on the job. The commission has named Kristen McRee, the director of administrative services at the agency, as the new director,...

Posted: Sep 25, 2025

Are Credit Scores Fueling Hidden Insurance Costs for Consumers?

Insurance Journal

Across the South and the United States, homeowners’ insurance rates are rising, with some states seeing an increase of over 50%. Experts say that this issue is contributing to an ongoing housing crisis. While insurance companies have attempted...

Posted: Sep 25, 2025

SC Comp Commission Must Relinquish $1.8M From Bankrupt Firm, Appeals Court Says

Insurance Journal

The South Carolina Workers’ Compensation Commission had no legal right to hold on to – for more than 15 years – some $1.8 million set aside by a bankrupt textile manufacturer for injury claims that never materialized, the state Court …

Posted: Sep 25, 2025

Connecticut Settles But Wrongful Death Suit Over Murder of Visiting Nurse Goes On

Insurance Journal

The state of Connecticut has paid $2.25 million to settle a wrongful death lawsuit brought by the husband of Joyce Grayson, the 63-year-old visiting nurse and mother of six who was killed by a registered sex offender in a halfway …

Posted: Sep 25, 2025

McGowan Acquires Limit.com in California

Insurance Journal

The McGowan Companies acquired Limit, a digital wholesale insurance brokerage headquartered in Covina, California, via an asset purchase agreement. After the transaction is closed, Limit will continue to operate under the “Limit” brand, w...

Posted: Sep 25, 2025