AI and tech investment to drive next phase of growth for insurance brokers, says Moody’s Ratings
Global credit ratings, research and risk assessment agency Moody’s Ratings said investments in artificial intelligence (AI) and technology are expected to become increasingly important drivers of productivity and profitability for insurance brokers. Although the industry is facing a period of slower growth as insurance pricing softens and economic conditions become more challenging, Moody’s believes companies…
Swiss Re appoints Etherington as Head of Underwriting, L&H, Hong Kong & Taiwan
Global reinsurer Swiss Re has appointed Hazel Etherington as head of life and health underwriting for Hong Kong and Taiwan and global high net worth individuals. Etherington has nearly 40 years of experience in the life and health insurance industry, holding leadership roles in underwriting, operations, claims, distribution and business transformation across multiple international markets….
Admiral Group completes £80m acquisition of Flock
British insurance company Admiral Group has completed its £80 million acquisition of digital commercial fleet insurance provider Flock, expanding its automotive offering. The deal, first announced on February 12, 2026, integrates Flock’s advanced technology into Admiral’s telemetry fleet insurance solutions. Flock’s team will also become an integral part of Admiral’s fleet insurance products, and Ed…
AXIS Capital promotes Christina Geller as Head of Wholesale Financial Lines, NA
AXIS Capital Holdings Limited, the Bermuda-based global insurance and reinsurance company, has promoted Christina Geller to head of wholesale finance for North America (NA). In his new role, Geller reports to John Van Decker, global head of financial operations. In addition, she will develop and implement the long-term profitable growth strategy for AXIS’s North American…
Sompo enhances casualty treaty reinsurance with new SVP appointment
Sompo, a global commercial and consumer property, casualty and specialty re/insurance provider, has announced the appointment of Thierry Grieder as Senior Vice President and Head of Casualty Treaty Reinsurance for Continental Europe, the Middle East and Africa and Latin America. Grieder brings more than a decade of market experience to his new role, most recently…
EPIC names James Pierce as Chairman of Natural Resources practice
EPIC Insurance Brokers & Advisors, Inc. (EPIC), a national insurance brokerage and advisory firm, announced the appointment of James R. Pierce as Chairman of its Natural Resources Business Unit. In this role, Pearce will further strengthen the business’s capabilities, support the recruitment of senior talent and help deliver tailored risk and insurance solutions to clients…
PV insurance market can expect further ‘significant claims’ as Middle East conflict persists: Selwyn, Antares
The political violence (PV) insurance market in the Middle East is under increasing pressure, with escalating military action threatening to disrupt commercial operations and lead to further “significant claims” from Gulf states, as PV business insured until the end of February remains at risk, Antares’ Wesley Selwyn has warned. In a recent commentary, Selwyn, political…
Larrondo joins MDS Group’s Marine Insurance business as Global Director
MDS Group, part of The Ardonagh Group, has announced the appointment of Adrián Larrondo as global director of its marine business, based in Madrid. Lalondo will draw on his more than three decades of international experience in the maritime and insurance sectors to lead the business line’s international development. He will be responsible for driving…
CCRIF lifts coverage 9% to $1.57bn for current policy year as membership expands
Ahead of the annual hurricane season, CCRIF SPC (formerly Caribbean Catastrophe Risk Insurance Facility) said it has expanded coverage for the current policy year to $1.57 billion from $1.44 billion a year ago, thanks to a 70% increase in coverage for its Caribbean portfolio and 80% for its Central America portfolio. CCRIF CEO Isaac Anthony…
Alex Brogden joins Bermuda-based InEvo Re as CUO
Alex Brogden has joined InEvo Re, a Bermuda-based specialist life reinsurer backed by Macquarie Asset Management, as chief underwriting officer. Brogden brings extensive market experience, most recently serving four years as group chief underwriting officer at Monument Re Group. He originally joined the company in 2017 as group chief financial officer. Prior to that, the…