News
One in seven UK consumers drop cover as cost pressures bite " Premium Credit
3+ hour, 27+ min ago (410+ words) Around one in seven UK consumers have cancelled or decided against buying insurance in the past year, according to new research from Premium Credit." This compares with the 8% recorded in last year's Insurance Index who said they had been unable…...
Storm-driven satellite map details extent of East Cape slip
3+ mon, 1+ week ago (702+ words) Insurance Business Storm-driven satellite map details extent of East Cape slip Bird's-eye storm mapping informs on-the-ground response and future planning A new satellite map is giving insurers and public agencies a more detailed picture of landslips across East Cape after…...
Post-acquisition promise: Definity aims to keep talent and clients
9+ mon, 2+ week ago (745+ words) Definity is making a clear commitment as it prepares to absorb Travelers Canada: no client and no staff cut loose. "We are committed to retaining all workers [and] all clients," said Fabian Richenberger (pictured), executive vice-president, commercial insurance and insurance…...
Insurance Business America names top program administrators and carriers for 2025
9+ mon, 1+ week ago (163+ words) Insurance Business America (IBA) has released its 2025 list of top-performing program administrators and carriers in the US. These efforts are reflected in the continued expansion of the program business segment, which, according to discussions at the Target Markets Program Administrators…...
Hydrogen boom to fuel insurance innovation " Allianz
9+ mon, 3+ week ago (589+ words) Hydrogen is expected to play a central role in the transition toward cleaner energy sources, with global demand projected to rise sharply in the coming decades. According to Allianz Commercial, more than 60 governments have introduced hydrogen strategies, while planned projects…...
Specialty Program Group buys ANOVA Marine Insurance
9+ mon, 2+ week ago (293+ words) Specialty Program Group LLC (SPG) has acquired ANOVA Marine Insurance Services, a South Florida-based managing general agency specializing in cargo, logistics, transportation, liability insurance and bonds." ANOVA will continue operating under the leadership of founder and president Bradford Boyd, who…...
The 2025 Top Insurance Brokers and Agents nominations are closing soon
9+ mon, 3+ week ago (166+ words) Nominations are closing soon for Insurance Business America's Top Insurance Brokers and Agents 2025 - a recognition that honors the country's most trusted and results-driven professionals in the. .. The 2025 Top Insurance Brokers and Agents nominations are closing soon Encourage your clients to…...
Agile Underwriting builds top insurance teams across regions with remote-first culture
9+ mon, 3+ week ago (669+ words) Agile Underwriting Services has consistently sought to challenge traditional assumptions about what drives an insurance business to thrive. The leadership team believed that geography shouldn't limit. .. Agile Underwriting builds top insurance teams across regions with remote-first culture This Top Insurance…...
Agile's Syndicate 2427 celebrates first year of underwriting
9+ mon, 4+ week ago (288+ words) During its one year of operation, Syndicate 2427 reported expanded product lines, increased broker engagement and steady growth across its core SME and mid-market segments. Managed by Davies-owned Asta, Syndicate 2427 began writing business in May 2024 with the aim of delivering digital,…...
Specialty risks now standard as marine insurance evolves
10+ mon, 3+ day ago (778+ words) Canada's marine insurance market is entering a new era " one where traditional cargo and liability coverage is no longer sufficient. A surge in cyberattacks, labour disruptions, geopolitical instability, and port system failures is driving a shift in how shipping firms…...