Reassured partners with Adviser.Ai to support digital transformation and customer experience

UK-based life insurance brokerage Reassured has partnered with Adviser.AI to support its digital transformation strategy and improve how it interacts with customers. Adviser.AI is a cloud-based customer engagement and automation platform designed for the protection and insurance industry, supporting communication through channels such as email and SMS. The partnership aims to support automation and simplification…

Read More

Australia’s non-life insurers remain resilient amid volatile risk landscape: AM Best

Australia’s non-life insurance industry has shown resilience in the face of an increasingly complex and interconnected risk landscape, with total insurance revenue of approximately A$77.7 billion (US$54.1 billion) in the year to June 30, 2025, according to AM Best. Best’s market segmentation report “Australian Non-Life Insurance Segments: Leading Growth in a Volatile Environment” shows that…

Read More

Selective posts revenue growth and double-digit investment income gains in Q1’26

Selective Insurance Group, Inc. reported higher revenue and investment income and continued growth in book value per share in the first quarter of 2026, despite rising catastrophe losses impacting underwriting profitability. In the first quarter of this year, Selective’s total revenue increased 6% year-on-year to $1.36 billion, and net premium income increased 5% to $1.22…

Read More

Openly expands reinsurance partnership with Allianz Re alongside new growth investment

Openly, a technology-enabled homeowners insurance provider, announced the expansion of its long-term reinsurance partnership with Allianz Re, strengthening the structure that supports its homeowners insurance portfolio. The company also closed a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X. Publicly stated that…

Read More

Kristyn Smallcombe named CUO of Ascot U.S.

Global specialty insurance and reinsurance group Ascot announces the appointment of Kristyn Smallcombe as Chief Underwriting Officer (CUO) of Ascot US In her new role, Smallcombe will be responsible for developing and executing Ascot’s US underwriting strategy, with a focus on profitability, growth and diversification across the insurance platform. She will report to Ascot US…

Read More

Spinnaker Insurance reaches AM Best FSC IX amid continued capital markets activity

Spinnaker Insurance Company, a wholly owned subsidiary of Hippo Holdings, provides property and casualty solutions to the plan insurance market. The company reported that it has achieved Class IX AM optimal financial size category (FSC) with policyholder surplus of more than $250 million. Spinnaker Insurance Company said the development enhances its ability to provide greater…

Read More

Clockwork Re appoints Mark Elliott as Director

Guernsey-based Category 4 commercial general reinsurer Clockwork Re has appointed Mark Elliott, who has more than 25 years’ experience in the reinsurance, insurance and insurance-linked securities (ILS) sectors, as director. Currently, Elliott serves as Chief Executive Officer (CEO) of Marco Capital Re and PoloWorks Insurance Managers. In the past, Elliott has served as CEO of…

Read More