Neary named CEO for Marsh’s newly combined East Region 

Marsh, a global insurance broking and risk management firm, has announced the appointment of Andrew Neary CEO of Marsh Agency’s newly combined Eastern region of the US, effective immediately. Based in Conshohocken, Pennsylvania, Neary will lead around 1,400 colleagues across the unified East and Northeast territories. The newly established East region, which has an unified…

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Industry reacts to proposed changes to US terrorism insurance backstop

Proposed changes to the federal terrorism insurance backstop could raise the program trigger to $10 million from $5 million and require insurers to absorb more terrorism-related losses, according to new commentary from AM Best. The proposed Terrorism Risk Insurance Program (TRIA) Program Reauthorization Act of 2026 would extend the current Terrorism Risk Insurance Program Reauthorization…

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Bold Penguin and bolttech form global partnership to develop insurance distribution offering

Bold Penguin, an AI-enabled insurance distribution technology company specialising in commercial lines, and bolttech, a global insurtech providing technology-led insurance distribution, have entered into a global strategic partnership covering the US, Europe and Asia. The partnership will focus on developing a combined offering spanning commercial and personal lines, with the companies targeting insurance agents, insurers…

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Tokio Marine HCC – CPLG promotes Jonathan Holmes as SVP, Professional Lines

Texas-domiciled Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a member of the Tokio Marine HCC Group, has promoted Jonathan Holmes to Senior Vice President (SVP) of Professional Lines. This expands Holmes’ leadership across several of CPLG’s core professional liability businesses, which aligns with CPLG’s long-term goal of continued investment in its professional…

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Hope Murera appointed as IDF Deputy Chair

The Insurance Development Forum (IDF), a global public-private partnership strengthening climate and disaster risk protection alongside governments, insurers and international organisations, has appointed Hope Murera as its Deputy Chair. Murera serves as Managing Director & Group CEO of ZEP-RE (PTA Reinsurance Company) and is an existing Steering Committee member. According to the announcement, she will…

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Favourable insurance market gives US buyers more flexibility, Lockton says

Lockton, a privately held independent insurance broker, says US commercial insurance buyers are currently operating in a market where strong capacity and competition are providing greater choice across a number of insurance lines. In its latest quarterly Market Update, Lockton examines the conditions shaping the commercial insurance sector and highlights areas where buyers may have…

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