HUB International, a global insurance brokerage and financial services firm, announced the launch of the HUB High Net Worth Excess Wildfire Program to address the need for enhanced wildfire coverage of high value homes. The program will be offered exclusively by HUB Private Client to address the insurance and risk management needs of affluent families and individuals.

The proprietary offering was created to help high-net-worth homeowners secure adequate levels of coverage in areas where wildfires have increased in frequency and severity. It is designed as excess coverage, in partnership and complementing existing insurance market capacity to deliver full coverage solutions that are not available through traditional wildfire or fire policies. Now offered exclusively in California, HUB Private Client plans to expand to other states in the future.
The program was developed by leveraging resources across the HUB franchise and partnering with Specialty Program Group (SPG), a specialty platform with specialty insurance, underwriting management, digital solutions, wholesale and retail insurance brokerage services.

HUB High Net Worth Excess Wildfire Program is available for clients with completed homes with total insured values of less than $30 million used as a primary or secondary residence or as short-term rentals. Single-family dwellings held within an LLC or Trust are also eligible. Coverage is only related to wildfires or fire. SPG maintains a list of eligible primary carriers, where excess coverage will be provided on a follow-form basis and where the primary carrier has provided coverage with a sublimit for the peril of wildfire or fire.


Verisk, a global data analytics and technology provider, has announced the launch of an automated generative artificial intelligence record summary capability in Discovery Navigator, a medical record review platforms for property and casualty claims professionals.

The new generative AI auto-summary feature is designed to further simplify and accelerate the claims settlement process.

Discovery Navigator’s new auto-summary is built using Amazon Bedrock, a fully managed service from Amazon Web Services that makes foundation models from AI companies accessible via an API to build and scale generative AI applications. The auto-summary feature is designed to empower claims handlers of all skill levels to settle claims more efficiently.


Xceedance, a provider of strategic operations support, technology, and data services to the insurance sector, has launched its MGA Agility Suite under the leadership of Michael Parcelli as senior vice president and head of the MGA business.

The suite provides digital solutions to enhance market presence, underwriting processes, and operational efficiencies. It offers platform and technology integration, a licensed MGA shell, data integration and operations services.

Xceedance offers holistic support in technology adoption, analytics, claims management, and policy administration.

Sources: HUB International, Verisk, Xceedance