Category: Insurance

Venture-backed insurtech startup FutureProof Technologies and Bridge Specialty Group have launched a new personal lines property insurance program designed to provide excess and surplus (E&S) coverage to apartments and renters in disaster-prone regions of the southeastern United States, including Florida and Texas. Global insurance wholesale broker Bridge Specialty Group will leverage its distribution network and…

Japanese reinsurance group East Asia Reinsurance Company (Toa Re) has announced a series of leadership changes at its Japan and Singapore branches, including the appointment of Ryo Yokochi as CEO of its Singapore branch, effective June 26, 2026. Yokochi succeeds Shiko Misono, currently CEO of the Singapore branch, who will serve as general manager of…

Global advisory, brokerage and solutions company WTW has acquired Redefind, a technology platform focused on improving access to insurance products in the cryptocurrency and digital asset space. The acquisition is part of WTW’s broader strategy to develop insurance and risk management solutions for clients in the emerging space of digital finance. The company said the…

Global insurance and reinsurance brokerage and risk advisor Aon has appointed Helene Madell as chief executive officer (CEO) of its global brokerage centers, effective June 1, 2026, subject to regulatory approval. In her new role, Marder will report to Christian Hofmann, global CEO of commercial risks. She will lead the London-based Global Brokerage Centre, Aon’s…

Sapiens International Corporation NV, a global provider of software solutions for the insurance industry, announced that a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) has invested in the company and became a significant minority shareholder. The investment marks a step forward for Sapiens following its acquisition by Advent last year and will help…

David Flandro, head of industry analysis and strategic consulting at Howden Re, observed that a defining feature of June 1 renewals was the dichotomy between rising inflation, interest rates and risk premiums, and the direction of reinsurance pricing, with the soft pace in “increasingly stark” contrast to the broader economic and risk environment in which…

Canopius Group, the international specialist property and casualty (P&C) re/insurer, has announced the appointment of Steve Parry as Group Chief Claims Officer, effective August 2026. Parry will join the Canopius Group leadership team and report to Canopius Group CEO Neil Robertson. He brings extensive global experience, including leading complex multi-region claims operations, as well as…

Pen Underwriting, a specialist managing general agent (MGA) operating across multiple insurance classes and geographies, has increased its marine division’s yacht hull insurance underwriting capacity, increasing limits by 50% to USD/EUR 15 million, effective immediately. The enhanced capacity is provided through Vessel Protect, Pen Underwriting’s specialist yacht insurance brand. The company said the capital increase…

Brokerslink, a global brokerage firm, continues to expand its international network with the addition of three new affiliates in Central America and Asia. New additions include Somit Corredores de Seguros in Guatemala, RAS (Reunión Aseguradora Salvadoreña) in El Salvador and Trust Edge Risk Solutions in the Maldives. These companies strengthen Brokerslink’s capabilities in the retail,…

Sypher Insurance Exchange, a reciprocal homeowners insurance exchange based in Tampa, has received a certificate of authorization from the Florida Office of Insurance Regulation and expects to begin writing homeowners insurance policies across the state later this summer. Sypher founder and CEO Subhashish Dutta noted that the company brings a “fundamentally different” approach to Florida’s…