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AIP Awards Winners Revealed at Mexico Insurtech Summit

IIR

The awards celebrate the innovation and transformative impact of InsurTechs, technology companies, assistance companies, reinsurers and insurers.

Posted: Nov 11, 2024

The ’80s Called and They Want Their Marketing Back

IA Magazine

Even as the marketing landscape changed, independent agents understood that relationships and referrals were the key drivers for their businesses—and they were right.

Posted: Nov 11, 2024

What Trump 2.0 Means for Climate Initiatives

Insurance Thought Leadership

What Trump 2.0 Means for Climate Initiatives PaulCarroll

Posted: Nov 11, 2024

Gen Z talent is a rising star for independent insurance agencies

coverager

A new generation is making their way to industry careers

Posted: Nov 11, 2024

Bishop Street Underwriters acquires Ethos Specialty’s transactional liability unit

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Launched in 2023, Bishop Street Underwriters focuses on making strategic investments across specialty property and casualty markets.

Posted: Nov 11, 2024

MDS acquires Cobian

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Madrid-based Cobian is focused on commercial insurance, particularly in industrial risks, energy, construction and financial lines.

Posted: Nov 11, 2024

Direct Line to cut 550 jobs

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The UK-based insurer hopes to deliver an additional £50 million of cost savings next year.

Posted: Nov 11, 2024

Andrew Tudor-Thomas and Chris Coulson appointed to key roles in SompoRe team

Reinsurance News

Sompo, a global provider of commercial and consumer property and casualty (P&C) re/insurance, has announced new appointments within its SompoRe team, with Andrew Tudor-Thomas and Chris Coulson taking on key roles. Andrew Tudor-Thomas has been...

Posted: Nov 11, 2024

Winston Hall moves into new role

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Hall has worked at The Standard since 2022.

Posted: Nov 11, 2024

Branch Enhances Claims Operations with Kyber’s AI-Powered Platform, Achieving Significant Efficiency...

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“Branch’s results underscore the power of Kyber’s AI to not only speed up operational processes but also drive consistency and compliance across claims handling,” said Sav Gadoo, Co-Founder of Kyber.

Posted: Nov 11, 2024

Windward launches Advanced Intelligence

coverager

Windward is a Maritime AI™ company that offers a platform for risk management and maritime domain awareness.

Posted: Nov 11, 2024

Insurtech Funding Surges to $1.38B in Q3 2024

Risk & Insurance

Insurtech funding increases in Q3 2024, driven by life/health deals, AI-centered investments and a focus on core operations, according to Gallagher Re. The post

Posted: Nov 11, 2024

FM appoints Steve Wrinkle as SVP of Strategy and Business Transformation

Reinsurance News

FM, a commercial property insurer, has appointed Steve Wrinkle as Senior Vice President of Strategy and Business Transformation. In this newly created role, Wrinkle will be based at FM’s headquarters in Johnston, Rhode Island, where he will...

Posted: Nov 11, 2024

More than 72,000 NFIP claims filed in Florida from hurricanes Debby, Helene and Milton: FEMA

Reinsurance News

The U.S. Federal Emergency Management Agency (FEMA) confirmed on November 8th, 2024, that more than 72,000 claims had been filed by National Flood Insurance Program (NFIP) policyholders who experienced flood damage from hurricanes Debby, Helene, a...

Posted: Nov 11, 2024

Rob Organ to succeed Alistair Hardie as Group CEO of Jensten

Reinsurance News

UK broker and underwriter Jensten has promoted Rob Organ to Group Chief Executive Officer (CEO) effective immediately as Alistair Hardie steps down. As part of succession planning, Organ was promoted to CEO Broking earlier this year. He has previo...

Posted: Nov 11, 2024

Andrea Buhl Appointed as President of the Casualty Group at Sedgwick

Risk & Insurance

The latest people news in the industry today. The post Andrea Buhl Appointed as President of the Casualty Group at Sedgwick app...

Posted: Nov 11, 2024

Matthew Teehan Appointed as Senior Underwriter at AXA XL

Risk & Insurance

The latest people news in the industry today. The post Matthew Teehan Appointed as Senior Underwriter at AXA XL appeared first on

Posted: Nov 11, 2024

Carlos Rivera Appointed as CEO of Marsh McLennan Latin America and Caribbean

Risk & Insurance

The latest people news in the industry today. The post Carlos Rivera Appointed as CEO of Marsh McLennan Latin America and C...

Posted: Nov 11, 2024

Alistair Fraser Appointed as International Corporate & Commercial Leader at Marsh

Risk & Insurance

The latest people news in the industry today. The post Alistair Fraser Appointed as International Corporate & Comme...

Posted: Nov 11, 2024

Bishop Street Underwriters acquires Ethos Transactional

Reinsurance News

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has acquired Ethos Specialty’s Transactional Liability unit. Financial terms were not disclosed. This acquisition, Bishop Street noted, further strengthens its platform and...

Posted: Nov 11, 2024

Brown & Brown hires Deloitte’s Paul Gallagher as controller

Reinsurance News

Insurance brokerage Brown & Brown has hired Paul Gallagher as its new controller, a role which will see him provide strategic guidance and leadership for all of the firm’s financial operations, including SEC and financial reporting, cont...

Posted: Nov 11, 2024

Brighthouse Financial completes transaction to reinsure its fixed and payout annuities

Reinsurance News

Brighthouse Financial, Inc., the US-domiciled annuities and life insurance provider, has completed a reinsurance transaction with a third party to reinsure a legacy block of its fixed and payout annuities. The transaction was previously discussed...

Posted: Nov 11, 2024

Zurich offers free psychological support for clients affected by DANA

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Zurich, a multi-line insurer with a global presence in over 200 countries, continues to enhance its support offerings, aligning with its mission to build a sustainable future.

Posted: Nov 11, 2024

Zurich reports strong growth across key business lines

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Gross P&C written premiums increased by 4%

Posted: Nov 11, 2024

WoodmenLife launches Obituary Helper

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This tool helps members create their own life stories.

Posted: Nov 11, 2024

Optio appoints Davenport group CRO amid continued expansion

Reinsurance News

Specialty managing general agent (MGA) Optio Group has announced the appointment of Insi Davenport to the newly created executive role of group chief risk officer (CRO), effective immediately. With more than 25 years of industry experience, Davenp...

Posted: Nov 11, 2024

Quantum of Helene & Milton loss similar to Ian, slight softening still expected at Jan renewals: JP...

Reinsurance News

In its recent Love Actuary report, JP Morgan compared losses from Hurricane Ian in 2022 with the total claims emerged from Hurricanes Helene and Milton in 2024 so far, noting that the total quantum of loss is similar. Despite these hurricane losse...

Posted: Nov 11, 2024

Ardonagh Specialty appoints Aon’s Dan Walsh as CUO

Reinsurance News

Ardonagh Specialty, part of the Ardonagh Group, has recently appointed Dan Walsh as Chief Underwriting Officer (CUO). Walsh is an experienced insurance executive, bringing 30 years of industry experience to his new role. He joins Ardonagh Specialt...

Posted: Nov 11, 2024

Hannover Re expects stable P&C reinsurance market terms, additional demand in 2025: CEO Henchoz

Reinsurance News

European reinsurance company Hannover Re is expecting a broadly flat risk-adjusted rate environment for the property and casualty (P&C) market in 2025, which supports its combined ratio guidance of less than 88% for next year, with terms in th...

Posted: Nov 11, 2024

BMS establishes BMS Bacchus for comprehensive winery protection

Reinsurance News

BMS Group (BMS), a re/insurance broker, has introduced BMS Bacchus, a specialised stock throughput insurance solution for wineries. Designed to protect wine throughout its lifecycle—from grape harvest through production, storage, and distribution—...

Posted: Nov 11, 2024

Introducing the 2025 Executives to Watch

Risk & Insurance

The insurance carrier executives featured in these pages began their climb to the top years ago. Now, we can watch in appreciation as they move the industry forward. The post

Posted: Nov 11, 2024

Professional Liability specialist underwriting manager Doe & Emuss launches

Reinsurance News

Doe & Emuss (D&E), a boutique Professional Liability underwriting manager, has launched with approved coverholder status at Lloyd’s. Founded and led by industry veterans David Doe, Chief Executive, and Paul Emuss, Managing Director, D&...

Posted: Nov 11, 2024

Ann Chai Champions Inclusion and Growth as Zurich North America’s Chief Risk Officer

Risk & Insurance

Zurich’s Ann Chai is dedicated to promoting diversity and inclusion in insurance. The post Ann Chai Champions Inclu...

Posted: Nov 11, 2024

Community-Centric Leadership: George Williams’ Vision for Small Business Risk Management at Nationwi...

Risk & Insurance

Small business owners need to focus on running their businesses. Nationwide’s George Williams plans to assist them with their risk management and insurance needs. The post

Posted: Nov 11, 2024

Toby Smith’s Vision for Specialty Insurance as CEO, Americas, for Mosaic

Risk & Insurance

Toby Smith met Mosaic’s co-founders when they were at Ironshore. Now they are reunited and loaded for bear. The post Toby Smith’s...

Posted: Nov 11, 2024