Category: Insurance

Reliance Global Group, Inc., a U.S. insurtech company focused on acquiring and supporting independent insurance agencies through technology-based platforms, has announced a number of senior appointments to pursue initiatives involving artificial intelligence across its insurance operations and product development activities. The company has appointed Judah Korman as chief operating officer, Zack Wilder as chief technology…

Global data analytics provider MSCI Inc. has acquired First Street, a provider of physically-based climate risk data and analytics for all properties globally, to strengthen its global physical climate risk capabilities. Transaction consideration includes a $120 million cash payment at closing, which is subject to customary closing adjustments, with the potential for additional cash payments…

Corporate and specialty insurer HDI Global (HDI) has appointed Shadi Albert as Chief Executive Officer (CEO) of HDI Global US, effective July 13, 2026, in line with its new strategy Xcelerate29. HDI Global US CEO Jim Clark will resign effective immediately. To ensure a smooth leadership transition, effective immediately, Dr. York von Falkenhayn will serve…

Corporate and specialty insurer HDI Global (HDI) has appointed Shadi Albert as Chief Executive Officer (CEO) of HDI Global US, effective July 13, 2026, in line with its new strategy Xcelerate29. HDI Global US CEO Jim Clark will resign effective immediately. To ensure a smooth leadership transition, effective immediately, Dr. York von Falkenhayn will serve…

Allianz Commercial, the corporate insurance arm of Allianz Group, stressed that marine insurance companies are operating in an increasingly complex environment as global shipping, which accounts for about 90% of international trade volume, faces increasingly severe geopolitical and operational pressures. in its latest Safety and transportation reviewAllianz Business noted recent disruptions to major waterways, including…

American Reinsurance Group Inc., a global life and health reinsurer, announced the appointment of Senan O’Loughlin as executive vice president and head of the Americas, effective June 22. As part of his new responsibilities, O’Loughlin will also become a member of the RGA’s Executive Committee. He will be responsible for the company’s Americas operations, overseeing…

American Reinsurance Group Inc., a global life and health reinsurer, announced the appointment of Senan O’Loughlin as executive vice president and head of the Americas, effective June 22. As part of his new responsibilities, O’Loughlin will also become a member of the RGA’s Executive Committee. He will be responsible for the company’s Americas operations, overseeing…

Gallagher has created the position of head of European carrier management to oversee the insurer’s partnership expansion in the region, with Harald Köberich, who joined through the 2024 acquisition of Germany’s Köberich Financial Lines, taking on the role while leading its European specialist unit. Köberich has more than 20 years of experience in the insurance…

Santam Syndicate 1918, the Lloyd’s division of Santam Group, Africa’s largest non-life insurance company, has appointed Gavin Coley as head of claims. Coley will be based in London and will report directly to Santam Syndicate 1918 Chief Financial Officer Rob Vetch. This appointment brings more than thirty years of insurance and reinsurance experience to Santam…

Final elements of Florida Citizens Property & Casualty Insurance Company’s 2026 risk transfer plan show that insurance-linked securities (ILS), catastrophe bond and mortgage markets continue to dominate the insurer’s protection purchases, with identifiable third-party capital supporting more than half of traditional reinsurance allocations and nearly 90% of overall reinsurance allocations. Two days ago, we reported…