News
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 ...
Worker Burned in Midwest Stadium Explosion Settles for $22M
A worker burned in a 2022 explosion during renovation work on the University of Wisconsin's Camp Randall Stadium has settled his lawsuit against the project's general contractor for $22 million, his ...
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 ...
InsurTech Neural Earth Secures $1.4M in Pre-Seed Funding
Neural Earth, a provider of artificial intelligence data analytics for property/casualty insurance, announced the close of its oversubscribed $1.4 million pre-seed funding round. The tech company ...
Active Workstations May Improve Cognitive Performance: Study
A recent Mayo Clinic study suggests that active workstations incorporating a walking pad, bike, stepper and/or standing desk are successful strategies for reducing sedentary time and improving mental ...