Latest Smartphones, Gadgets and Startups News
Insurance
Amwins, a global distributor of specialty insurance products, has acquired NARDAC, a brokerage specializing in energy and infrastructure. Prior to this, Amin made an initial investment in NARDAC in 2020 and recently purchased the remaining privately held shares. According to the announcement, NARDAC’s specialist wholesale, reinsurance and underwriting services will be integrated into Amwins’ existing…
BMS Group, an independent insurance and reinsurance brokerage, has adopted mea Platform’s brokerage products, part of its operational suite, to improve placement efficiency and drive digital transformation. mea Platform is an artificial intelligence product company serving the re/insurance industry. The broker said the move was driven by increasing market complexity and data volumes, and will…
Allianz Commercial and Coalition, a proactive insurance company focused on preventing digital risks, today announced a transformative strategic agreement to expand its cyber insurance partnerships. The agreement makes Coalition Allianz the exclusive global partner for commercial cyber insurance across all sectors. By transferring its commercial cyber insurance business to Coalition, Allianz will combine the unique…
Ryan Specialty, a specialty insurance company providing distribution, underwriting, product development and risk management services, announced leadership promotions for its underwriting management division, Ryan Specialty Underwriting Managers (RSUM). The changes apply to Velocity Risk Underwriters, a technology-enabled managed general underwriter focused on complex commercial real estate catastrophe risks. The company has confirmed that Paul Carnegie…
Hannover Re’s latest Annual General Meeting (AGM) approved a proposal by the Executive Board and Supervisory Board to pay a dividend of €12.50 per share, reflecting the reinsurer’s latest dividend policy for the 2025 financial year. The dividend is reported to be a 39% increase over the previous year, bringing the total payout to shareholders…
Insurance brokerage, risk management and advisory firm Gallagher has announced the launch of Gallagher Blueprint, a strategic framework designed to help clients enhance their risk profile and build more cost-effective insurance plans. Gallagher Blueprint combines AI-driven analytics with Gallagher’s proprietary data and deep niche expertise. It builds on Gallagher’s established sales methodology, aligning clients’ insurance…
Commercial insurance intelligence platform Fuse expands the scope of Watch, its real-time risk intelligence layer built for the entire insurance value chain. Fuse announced the full rollout of Watch in April, launching a product built specifically for commercial insurance brokers and underwriters that plots every active hazard in the United States on a real-time map….
International General Insurance Holdings Limited (IGI), a specialty commercial insurance company and reinsurer, reported underwriting income of US$37.7 million in the first quarter of 2026, an increase of 35.1% from US$27.9 million in the same period last year, and the combined ratio increased from 94.4% to 89.1%. IGI attributed the improvement in underwriting revenue to…
Atrium, the specialist insurer owned by Lloyd’s, has announced the appointment of Naveed Haque as head of casualty reinsurance. During his tenure at Atrium, he will be responsible for building and developing the company’s casualty reinsurance portfolio, with a focus on sustainable growth and disciplined underwriting performance across Atrium’s broader casualty insurance products. Haque brings…
MSIG USA, the U.S. insurance subsidiary of Mitsui Sumitomo Insurance Group, has appointed Pat Dougherty as head of guarantees, responsible for overseeing the strategic direction and expansion of the business, reporting to Dan Riordan, head of political risk and trade credit. Dougherty has nearly 20 years of experience in the guaranteed market spanning underwriting, distribution…