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DUAL Group, an international professional underwriting institution, announced the promotion of Scott Sayce to Group Chief Commercial Officer (CCO), effective April 1, 2026. In his new role, Sayce will report to DUAL Group CEO Richard Clapham and will also join the DUAL Group Executive Committee. He has more than two decades of industry experience with…
As the use of agent-based artificial intelligence becomes mainstream, Munich Re says the technology is expected to shape the scope, speed and precision of offensive and defensive cyber measures. The global reinsurer’s recent report, Cyber ​​Insurance: Risks and Trends 2026, highlights a world defined by geopolitical tensions, armed conflict and increased industry competition ahead, as…
Farmers Insurance, the largest California-based property casualty insurance company, has appointed John Pham as chief strategy and risk officer. In his new role, Pham reports to Farmers Group, Inc. CEO Raul Vargas. He will work across the enterprise to help translate strategy into measurable business results, focusing on improvements in execution discipline, operational excellence and…
Algorithmic Insurance Services, Inc., a wholesale broker trading as LIRG, has provided $15 million in quota share (QS) reinsurance to New York-based managing general agent DLT Alert. Reinsurance Support has launched a new suite of embedded parametric cyber warranty products for system providers of cyber security solutions. The first program will go live next week…
Corebridge Financial, Inc., an American multinational financial services company, and Equitable Holdings, Inc., a financial services holding company, have entered into a definitive agreement to merge in an all-stock merger that will value the combined company at approximately US$22 billion based on the closing prices of each company as of March 25, 2026. The merger…
Lloyds Market Association (LMA) clarified in a recent statement that the reduction in ship traffic in the Strait of Hormuz is not due to the availability of insurance, but rather due to security concerns. The LMA said: “Three weeks since hostilities in the Middle East began, we are still seeing reports of insurance being canceled…
Pinion Insurance, a new technology-based specialist insurance company, has announced the appointment of Chris Jones as Group Chief Financial Officer, effective immediately. Jones is now a member of the founding leadership team consisting of chief executive Neil McConachie, group chief underwriting officer Philip Vandoninck and group chief technology officer Laura Baird. He also becomes a…
Allianz Jio Reinsurance Limited (Allianz Jio Re), a joint venture between Jio Financial Services Limited (JFSL) and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe BV, has started operations in India, including underwriting reinsurance, with immediate effect. Allianz Jio Re, led by Chief Executive Officer (CEO) Sonia Rawal, combines JFSL’s local market knowledge and…
BPL, an independent broker in credit and political risk insurance (CPRI), has appointed Edouard Huberdeau as director as part of its continued global expansion. Huberdeau will be based in BPL’s Geneva and Paris offices and focus on developing tailored credit insurance solutions, including margins, for existing clients. He will also support new clients in Europe…
WTW Business Willis has partnered with Circle Asia to launch a new art insurance facility designed specifically for individual collectors and art galleries in Asia, the first of its kind in the region. The agency combines the specialized art insurance expertise of Willis and Circle’s digital platform to provide a seamless and cost-effective way to…