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Artificial Labs, a provider of digital brokerage and underwriting technology for the specialty and commercial insurance markets, has successfully closed a $45 million Series B funding round. The capital injection marks an important milestone for Artificial as it continues to grow and expand its global market share. “This round of financing gives us room to…
Andrew Krasner, chief financial officer (CFO) and co-head of corporate development at global insurance broker WTW, today revealed that the company is pleased with Willis Re’s participation in the recent January 2026 renewal. After completing the sale of its Willis Re treaty reinsurance business to Arthur J. Gallagher & Co. in late 2021, WTW confirmed…
Global insurance and reinsurance brokerage Howden has expanded its operations into Fiji with the opening of its newest office in Suva. This strategic expansion is in line with Howden’s long-term plan to provide innovative insurance and risk solutions based on the needs of its customers in the Pacific region. The broker explained that the move…
Xceedance, a global provider of technology-driven business solutions to the insurance industry, has announced the appointment of Gavin Lillywhite as Senior Vice President (SVP) of Business Development, covering the UK and continental European markets. In this role, Lillywhite will work alongside Justin Davies, Senior Vice President of Business Development, as part of a strengthened commercial…
While 2025 is shaping up to be a “broadly supported” year for insurance buyers, Aon said market conditions are becoming increasingly fragmented across product lines and geographies, underscoring the growing need for customized insights and analytics-driven decisions as organizations move into 2026. Despite generally weak conditions across many major insurance businesses, Aon’s latest Global Insurance…
Global reinsurance brokerage Gallagher Re has appointed Fabrice Jerlin as its new chairman of the Middle East and Africa region. Jerlin brings more than thirty years of reinsurance industry experience to this position. He spent most of his career at Swiss Re before joining Gallagher Re. Most recently, he served as Swiss Re’s GCC Property…
Specialty property and casualty insurance company Palomar Holdings, Inc. has completed its acquisition of national insurance company The Gray Casualty & Surety Company (Gray Surety) and successfully closed new unsecured financing. The acquisition was originally announced in October 2025, with Palomar agreeing to acquire Gray Surety from Bernhard Capital Partners (BCP) and The Gray Insurance…
Ben Sitki joins specialist insurer Tokio Marine Kiln (TMK) as an underwriter in its cyber reinsurance solutions team. He joins TMK from Guy Carpenter, where he most recently served as Senior Vice President, bringing nearly two decades of re/insurance experience to his new role. Prior to this, he also held positions at Canopius and Willis…
Global reinsurance broker WTW’s fourth-quarter and full-year 2025 revenue fell slightly from the prior year, driven by the sale of TRANZACT, but revenue grew in both periods from an organic perspective. In the fourth quarter of 2025, WTW achieved revenue of $2.9 billion, a year-on-year decrease of 3% as reported, but an organic growth of…
Hamilton Insurance Group, Ltd., an international specialty insurance and reinsurance group, has announced the promotion of Moussa Thiam to Group Compliance Officer. In this role, Thiam will lead and coordinate compliance activities across Hamilton’s global operations, ensuring a consistent and unified approach to standards across its underwriting platforms. Based in London, he will report to…