Industry News
Women Lost C-Suite Seats in Corporate America, S&P Says
Women's representation in senior-level positions at U.S. companies faces an "alarming turning point," with steady growth showing signs of fatigue for the first time in two decades, according to a new ...
Arch to Buy Allianz’s Mid-Market, Entertainment Insurance Units for $450M
Arch Capital Group's North American insurance unit said on Friday it would buy the U.S. midcorp and entertainment insurance businesses from Allianz Global Corporate and Specialty SE for $450 million ...
Behind every commercial or residential property in a regional insurer’s portfolio are people relying on their carrier to remain resilient...
AXA, Amazon Team Up on Digital Commercial Risk Management Platform
AXA, a worldwide leader in insurance and asset management, and Amazon Web Services Inc. (AWS) announced they are partnering to jointly develop and build AXA Digital Commercial Platform (DCP) and ...
A New Approach: Florida Agents Association Invests in Startup Insurer
The Florida Association of Insurance Agents, the largest agent group in the state, has invested in a startup insurance carrier, a move designed to help keep agents in the game and to bring more ...
Re Buyers’ Market Prevails So Far; Reinsurers Seeking Growth
In separate reports this week, brokers Aon and Gallagher Re described a buyers' reinsurance market for April 1, 2024 property and specialty renewals as reinsurer profit margins benefited from last ...
The Latest Launches from Aon, Driver Technologies, NEXT
Aon plc, a global professional services firm, announced the launch of Partner Risk Insights, a digital platform powered by CoverWallet, to help U.S. organizations simplify the way they manage ...
HSB, Coalition Unveil Cyber Insurance Innovations: Cyber Auto; Affirmative AI
In separate announcements late last month, Munich Re's HSB and Coalition unveiled two novel cyber insurance offerings. HSB aims to cover cyber insurance for autos, while Coalition announced an ...
AIG Sues Newly Launched Dellwood Insurance and Its Founders
American International Group and a group of its excess and surplus lines subsidiaries have filed suit against Dellwood Insurance Group and three former AIG executives who launched the nationwide ...