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As previously reported, global insurance and reinsurance brokerage group WTW has completed the acquisition of San Francisco-based Newfront, a top 40 U.S. broker that combines deep expertise with cutting-edge technology, with upfront and contingent consideration payments of $1.3 billion. The acquisition expands WTW’s capabilities in the U.S. mid-market and strengthens its position in “high-growth” industries…
Insurance technology provider Vertafore has introduced new artificial intelligence capabilities in Surefyre, allowing program administrators to automatically convert PDF submission forms into web applications. Surefyre, acquired by Vertafore in 2024, is a low-code agent portal and underwriting workbench platform designed to empower managing general agents (MGAs) and wholesalers. Vertafore’s latest AI-powered features are designed to…
Grace Emson has joined WTW-owned insurance broker Willis as a senior agent in the International Property Facultative’s UK team. The executive has nearly 15 years of industry experience and has deep expertise in international real estate markets, client services and negotiations. Emson’s new role will report to Patrick Green, UK head of international adjuncts, and…
William Robert Berkley, president, CEO and director of WR Berkley Corporation, said he is seeing early signs that competitiveness in the property catastrophe reinsurance market is spreading to casualty insurance, as players strive to meet premium targets on the property side and therefore lean toward casualty insurance for revenue generation. Speaking on WR Berkley Corporation’s…
HIVE Underwriters, an independent specialist managing general agent (MGA), has expanded into specialist marine insurance with the appointment of Nick Lewis as Chief Underwriting Officer (CUO), Marine Insurance, effective July 2026. The launch of Marine marks the next stage in HIVE’s development as a multi-line specialist MGA. Under Lewis’ leadership, HIVE will develop a diverse…
Mantas, a provider of parametric cyber insurance and predictive analytics designed to help enterprises mitigate the risk of cloud outage, is launching parametric-based insurance solutions to cover the operational and financial impact of cloud outages and digital risks. To this end, the company has received a total of $1.77 million in funding from Nuwa Capital,…
Credit ratings agency AM Best has assigned new Guernsey reinsurance company Halldora Re Ltd (Halldora Re) a financial strength rating of A- (Excellent) and a long-term issuer credit rating of ‘a-‘ (Excellent) with a stable outlook. AM Best explained that the ratings reflect Halldora Re’s “very strong” balance sheet strength, adequate operating performance, limited business…
Novi Underwriters welcomes Jason Binette, James Cinque and Cody Ruggirello to lead its newly launched stewardship liability offering. Novi Underwriters is a full-service managed general underwriter managed by Lockton Affinity, dedicated to turning complex challenges into competitive advantage for insurance agencies and carriers. It has developed strong relationships with its carrier partners and offers specialized…
Liberty Specialty Markets (LSM), a division of Liberty Mutual Insurance Group, has promoted Lillian Hua to head of Latin America (LatAm) and U.S. War and Terrorism, effective January 12, 2026. In her new role, Hua reports dually to Will Goldberg, chief of staff for Latin America and the United States, and Mike Burle, director of…
Cyber ​​risk quantification (CRQ) platform Squalify has launched Essential CRQ, a simplified CRQ product that enables organizations to quickly and financially quantify their cyber risk, requiring minimal input and delivering results in as little as 24 hours. Essential CRQ is built on Squalify’s proven platform, leveraging 15 years of cyber risk data and the expertise…