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International General Insurance Holdings Inc. (IGI), a specialty commercial insurer and reinsurer, has appointed Thomas A. Collett to its Board of Directors and to its Compensation Committee, effective March 19, 2026. In addition, David D. Anthony, who has served as a director of the Board of Directors, Chairman of the Compensation Committee and a member…
Insurtech Intelligence AI has partnered with property and casualty insurance platform Guidewire to deliver high-resolution property risk data directly to insurance companies. The partnership will also enable insurers to reconstruct cost data directly within Guidewire InsuranceSuite workflows. Intelligent AI was originally launched through Lloyd’s Laboratory and is considered the Guidewire Insurtech Vanguard, providing “best-in-class” COPE…
Global property and casualty insurer Chubb, recently announced as the lead underwriter of US International Development Finance Corporation’s (DFC) US$20 billion Gulf marine reinsurance program, has now outlined the structure and scope of the facility. On March 9, DFC and the US Treasury Department announced plans to deploy marine reinsurance (including war risk) in the…
Balavant Insurance Group, a specialist insurance solutions provider, has launched Sentric Specialty, a new project manager (PA) built on its platform to provide specialized solutions for risks in the manufacturing, crisis management and professional liability sectors. According to the insurer, the launch brings coverage for product recalls for the first time, including manufacturer errors and…
Specialty insurer Tokio Marine Kiln (TMK) has further expanded its aerospace division with the appointment of Cameron Glover as underwriter. In his new role, Glover will focus on writing about airport and product liability risks. Prior to joining TMK, he served as a senior underwriter within AIG’s manufacturers and airports teams. The insurer said his…
Tony Gallagher, Asia Pacific CEO of Guy Carpenter, the global reinsurance brokerage of Marsh Group, detailed the central role of reinsurance, retrocession and terrorism pools in supporting market capacity in a rapidly changing threat landscape. Speaking at the Global Forum of Terrorism Risk Pools and Their Stakeholders, Gallagher centered his remarks around the idea that…
CRC Group, an independent wholesale specialty insurance distributor, has announced enhancements to its exclusive Insurisk platform, designed to meet the growing insurance needs of the global data center industry. The company said the platform’s underwriting capabilities have been enhanced in response to growing investment, larger developments and increasing operational complexity across the industry. As demand…
Jefferies analysts said Tesla Insurance’s Full Self-Driving (FSD) pricing, which could offer better rates based on a car’s performance in FSD through its safety score, poses a potential competitive risk to Lemonade’s auto insurance ambitions as the model size expands. Recent filings show that Tesla has eliminated the FSD standalone discount offered through its own…
Marsh, a global firm specializing in risk, insurance and advisory services, reports that the transaction risk insurance market has undergone significant changes in 2025, with pricing rising after several years of decline. Marsh said primary representations and warranties (R&W) insurance rates increased in most regions this year, reversing a three-year trend of declining premiums. The…
MGT, a vertical AI-native new insurance company, announced the appointment of Garrett Koehn as senior advisor. In his new role, Cohen will focus on driving strategic distribution expansion and high ROI AI use cases across the U.S. insurance market. He began his career at Marsh in 1994 and has more than three decades of experience…