Bridge Specialty automates 90% of wholesale insurance submission intake
President Anurag Batta explains how machine learning intake reshapes underwriting turnaround times and improves customer service
Daily news and analysis on insurance industry trends, regulations, and market insights
President Anurag Batta explains how machine learning intake reshapes underwriting turnaround times and improves customer service
But the real financial story sits with insurers
Tom Geraghty will become CEO of Marsh Europe from November, taking over from Christos Adamantiadis, who is moving into the newly created role of president, global head of placement and market solution
Allianz Commercial has βrefreshedβ its construction capability across the European Economic Area (EEA), offering cover for contract works, contractorβs plant and contractorsβ liability. The insurer sa
Our industry is bucking the trend
The appointments come as geopolitical disruption makes cross-class marine expertise a practical necessity
British firms are more likely to be hacked than their global peers, and among the highest spenders on cyber resilience too
Rate cuts of up to 40% mask rising insurable values and equipment lead times that threaten BI coverage adequacy
The market funding it is already changing shape
For many smaller businesses, serious risk planning still begins only when an insurer asks for it or something goes wrong
The Singapore Parliament has passed the Scams (Countermeasures) and Other Matters Bill. Anyone who hands over their personal details to open online accounts for scammers, or buys and sells those accou
All London staff now sit on one floor as Clear Group builds out its wholesale broking ambitions.
The group's new strategic plan signals discipline at AXA XL and AI deployment across underwriting and pricing
The $7.7bn deal to take US-based The Baldwin Group private adds another multibillion-dollar transaction to a surge in large insurance brokerage deals and comes as Baldwin has returned to acquisitions
Fintech bank handed over customer data after fraudster asked for it
Zurich US has named Alex Wells CEO, effective immediately, replacing Sierra Signorelli, who has left the company. Signorelli had led Zurichβs US business since January and was named CEO of its global
Miller has continued its expansion in Asia with the launch of Miller Malaysia. The broker said that, building on its established presence across the region, Miller Malaysiaβs initial offering under it
Insurer faces setback after court decision
MS Amlin, the Lloydβs (re)insurer, has strengthened its natural resources team with three appointments, adding senior underwriting expertise and expanding its capabilities into onshore construction. R
Leading French construction brokers are warning that the high-profile departure of QBE from the decennial liability insurance market β the mandatory contract that guarantees the repair of damage for a
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