Marsh launches AI-powered broker’s platform to reduce placement times for specialty risks

Marsh, a global professional services firm, has launched Broker WorkBench, an innovative AI-powered platform designed to transform how its London market brokers deliver service to clients. Broker WorkBench is Marsh’s latest AI-powered innovation and places the firm’s comprehensive data and analytics capabilities at the centre of the placement process. The platform was developed by Marsh…

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TIAA names Kessler as President of Seven30 Re & Head of Global Reinsurance

Nuveen-backed TIAA, a provider of retirement plans, insurance, and investment services, has appointed Amy Kessler as President of Seven30 Re, its Bermuda entity and Head of Global Reinsurance, effective 21 September, 2026. In her new role, Kessler will lead TIAA’s Bermuda insurance and reinsurance entities and manage all aspects of its reinsurance business. Her remit…

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Everest names Devkant Rustagi as CFO for London reinsurance business

Everest, a global insurance and reinsurance group, has appointed Devkant Rustagi as Chief Financial Officer for its reinsurance business in London. Rustagi’s appointment adds to his experience across finance, accounting and reporting roles within the insurance and reinsurance sector. Before joining Everest, Rustagi spent four years at Acrisure as SVP, International Accounting & Reporting, a…

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AI operational benefits arriving before financial gains for re/insurers: S&P

A new S&P survey found that most re/insurers have moved past the conceptual stage of AI adoption and into operational integration, though only around one-third say their AI strategy is fully integrated, with the rest still working toward enterprise-wide rollout. “AI is increasingly transforming the insurance industry across multiple dimensions, with widespread deployment growing rapidly,…

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Lauren Nevens joins Marsh Re as MD and Public Entity Segment Leader

Marsh Re, the global reinsurance broker, has appointed Lauren Nevens as Managing Director and Public Entity Segment Leader, based in Chicago. This appointment aligns with Marsh Re’s continued commitment to deepen its capabilities and expand its presence in the Public Entity Segment. Nevens has deep expertise in the public entity and education space, along with…

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AM Best retains stable outlook for Canada’s P&C insurance market

AM Best, the credit rating agency and provider of insurance industry analysis, has retained its stable outlook for Canada’s property and casualty (P&C) insurance sector, pointing to strong capital positions, better underwriting performance and consistent investment income. In its latest report, Canada Property/Casualty: Strong Earnings and Improved Underwriting Results Underpin Stable Outlook, AM Best said…

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Dave Tacha joins Relation Insurance as Chief Revenue Officer

US insurance brokerage Relation Insurance Services has announced the appointment of Dave Tacha as Chief Revenue Officer, a newly created role. In his new position, Tacha will lead Relation’s enterprise revenue strategy and work across its regions and business lines to accelerate organic growth, strengthen sales execution, and support producer recruitment and development. The executive…

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Luzern Risk’s captive insurance platform raises $45m

Luzern Risk, a full-service captive manager specialising in alternative risk solutions, has raised USD 45 million in a Series B led by Insight Partners, with participation from Trust Ventures and existing investor Caffeinated Capital, to advance platform development, expand AI capabilities, and provide clients with additional options across the alternative risk value chain. Through these…

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