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Mercury reports damage from Southern California wildfires

The wind-driven wildfires have caused substantial damage, with losses expected to exceed Mercury’s $150 million reinsurance retention.

Posted: Jan 10, 2025

Cytora partners with Moody’s RMS

The integration will enable P&C underwriters to gain insights into climate and natural disaster risk.

Posted: Jan 10, 2025

Transcarent to acquire Accolade

Transcarent will acquire Accolade for $7.03 per share in cash, which represents a total equity value of approximately $621M.

Posted: Jan 10, 2025

Acera Insurance expands into Saskatchewan

BMA Group, established in 2012, specializes in designing competitive plans for local businesses and will transition into Acera Benefits.

Posted: Jan 10, 2025

Hub International expands in New Mexico

Terms of the transaction were not disclosed.

Posted: Jan 10, 2025

Helvetia unveils 10-year strategy focused on retail, specialty lines, and operational efficiency

Both executives bring decades of experience in financial management, strategy, and leadership across major organizations.

Posted: Jan 10, 2025

CCC Intelligent Solutions to acquire EvolutionIQ

has announced plans to acquire , an AI-driven platform for disability and injury claims management. The deal – expected to close in Q1 2025 – is valued at $730 million,...

Posted: Dec 20, 2024

Aon partners with Fathom

Fathom provides water risk intelligence and flood models.

Posted: Dec 19, 2024

Zurich Australia extends partnership with Wests Tigers

The partnership started in 2022.

Posted: Dec 19, 2024

W. R. Berkley Corporation establishes branch office of Berkley Insurance Company in India

Unnati Bajpai has been named chief executive officer.

Posted: Dec 19, 2024

Vertafore’s Kelly Maheu joins the educational arm of the Big “I”

The Invest Program brings new professionals into the industry through insurance education

Posted: Dec 19, 2024

Chime to go public

Fathom provides water risk intelligence and flood models.

Posted: Dec 19, 2024

Zurich launches digital solution to help customers uncover climate risks

Climate Spotlight provides climate risk insights for strategic decisions and reporting.

Posted: Dec 18, 2024

Are your legacy systems keeping your applicants in the dark?

It doesn’t matter where an eApp started. Your Life and Annuity agents and applicants know the status!

Posted: Dec 18, 2024

MS&AD Ventures announces Fund V

MS&AD Ventures was established in 2018.

Posted: Dec 18, 2024

MetLife names Nick Nadgauda Global Chief Information Officer

Nadgauda will report to Bill Pappas, Executive Vice President and Head of Global Technology and Operations.

Posted: Dec 18, 2024

Simply Business partners with Coterie Insurance

The addition of Coterie's solutions to Simply Business's marketplace expands Business Owner's Policy coverage options with several leading national carriers.

Posted: Dec 18, 2024

Prudential partners with Empathy

Prudential Group Insurance is expanding its beneficiary support services.

Posted: Dec 18, 2024

Tangram launches multi-line program for security guards

The program offers specialty general liability and workers' compensation coverage, tailored to both unarmed and armed security firms.

Posted: Dec 18, 2024

When Choosing Producer Lifecycle Management Software, Don’t Overlook the Importance of Customer Succ...

One area you might not look at during your evaluation phase is customer success.

Posted: Dec 18, 2024

Lemonade seeks 43.8% rate hike for New Jersey homeowners

Telematics is no longer an industry buzzword. Every top auto insurer has had a telematics program for years. These programs have evolved beyond usage-based insurance to include life-saving crash assistance,...

Posted: Dec 17, 2024

American Atlantic Assurance Company to commence underwriting on January 1, 2025

The American Atlantic Assurance Company is headquartered and domiciled in Malta.

Posted: Dec 17, 2024

AXIS advances transition to specialty underwriter

AXIS and Enstar have entered into a loss portfolio transfer reinsurance agreement covering a portfolio of reinsurance segment business.

Posted: Dec 17, 2024

AXA UK partners with Lloyds Bank

AXA UK will become the exclusive underwriter of car and van insurance for Lloyds Banking Group customers.

Posted: Dec 17, 2024

Root enters Minnesota

The insurer now serves drivers in 35 states, covering more than 77% of the US population.

Posted: Dec 17, 2024