Innovation
Former XL CEO McGavick Returns to Insurance With AI Firm Mea Platform
Mike McGavick is returning to the insurance world as a strategic advisor and board chairman of Mea Platform, an artificial intelligence firm focusing on transactions and operations for carriers, ...
The Latest Launches: Chubb, Zurich, FM, QBE NA and More
The biggest news of this year's Berkshire Hathaway annual meeting came during the last few minutes, when Chair Warren Buffett made a surprise announcement that he would recommend the CEO reins be ...
Innovation: Why Carriers Shouldn’t Try to Keep Up With the Joneses
Innovation has been generating much attention lately due to the explosive growth of AI, even though the concept of innovation has existed ever since cavemen learned how ...
HOA Secures $2.5M ‘Wildfire Resilience Insurance’: WTW
Willis, a WTW business, and The Nature Conservancy (TNC) jointly announced the launch of an insurance policy for a private homeowners association in California—available and affordable because the ...
Startup E&S Broker’s Goal: Say Yes to Almost Anyone for Wildfire Cover
Stand Insurance's goal is to say yes to almost anyone. In January, about a month after the surplus-lines broker launched, Dan Preston, Stand's co-founder and CEO, told Carrier Management that the ...
InsurTechs Highlight New Approaches to Wildfire Insurance
Years before the January 2025 Palisades and Eaton fires sparked in high-wind conditions in Southern California, growing to rank among the top three most destructive in U.S. history, InsurTechs ...
Delos Insurance Solutions Tackles a Nonstandard Peril: Wildfire
Kevin Stein believes that wildfires no longer fit into the standard insurance market. Stein is the CEO of Delos Insurance Solutions, an MGA that focuses on homeowners insurance in California. When he ...
Parametric Insurance Meets the Wildfire Peril: InsurTech Kettle Responds
Could parametric insurance become a bigger piece of the wildfire insurance market? Kettle is an insurance and reinsurance MGA built around a proprietary wildfire model that was developed using AI and ...