Latest Smartphones, Gadgets and Startups News
SageSure, a general underwriter (MGU) specializing in U.S. catastrophic properties, announced the appointment of John Sence as chief sales officer. In his new role, Sence will oversee sales strategy, distribution expansion and high-impact manufacturer engagement, reinforcing SageSure’s commitment to driving growth and supporting partners. He brings experience in underwriting and agency operations. Sence spent 14…
WTW, an advisory, brokerage and solutions firm, has launched Radar Fusion, a cloud-based platform developed by WTW to make commercial underwriting faster, more data-driven and strategically aligned. The solution provides analytics, real-time insights and data integration to support underwriters’ expertise rather than replace it. WTW is initially launching Radar Fusion in the United States, with…
Zurich-based global reinsurer Swiss Re has set targets for 2026, including group net profit reaching $4.5 billion and a combined property and casualty reinsurance ratio below 85%. Reinsurers maintained or raised targets for all individual business units next year. In addition to the performance of property and casualty reinsurance mentioned above, Swiss Re Corporate Solutions,…
AmTrust International, a specialty insurance company and a subsidiary of AmTrust Financial Services, Inc., has appointed Tony Scott as Head of Claims for AmTrust Specialty Limited (subject to regulatory approval) and concurrently as Head of Claims for the Specialty Business Unit. Scott began his career at HSBC, where he held a variety of roles over…
Previsico, an insurtech company that provides advanced flood prediction and risk management solutions, has released Flood Intelligence 2.0, an updated version of its flood prediction platform. The platform is designed to provide insurers, infrastructure operators, risk managers and organizations exposed to flood risk with clearer insights and greater confidence in managing flood events. Flood Intelligence…
Specialist re/insurance broker Consilium has announced that its Risk Solutions division is launching a dedicated UK Contractor All Risks (CAR) facility. As part of its growing portfolio of casualty risk products, CAR Facilities offers comprehensive underwriting for annual renewable energy and stand-alone project policies. It is designed to help projects stay on schedule, minimize financial…
Leslie Barbi, executive vice president (EVP) and chief investment officer (CIO) of life and health reinsurance provider Reinsurance Group of America (RGA), has announced her intention to leave the company and retire, effective April 15, 2026. Barbi is a member of the RGA Executive Committee and joined the life reinsurance company in 2020. As CIO,…
Despite a more challenging backdrop, Fitch Ratings maintained its “neutral” industry outlook for North American life insurance companies in 2026, arguing that strong balance sheets will help mitigate the impact of a potential slowdown in economic growth, heightened macroeconomic volatility and geopolitical uncertainty. The agency expects that despite these headwinds and growing concerns about rising…
The Federal Emergency Management Agency (FEMA) has now reported participants for its 2025 National Flood Insurance Program (NFIP) reinsurance placements, with the number of participants increasing by 50% from the previous year. In January, FEMA reported that it increased the NFIP’s reinsurance coverage for 2025, transferring $757.835 million of the NFIP’s financial risk to the…
European property and casualty (P&C) insurance group Marco Capital Holdings Limited has acquired Stewart Title Europe Limited, which has been in the runoff since early 2025. Marco Capital provides reinsurance and end-of-life solutions to re/insurance operators and corporates to optimize balance sheet efficiency, operational management, and capture loss reserve portfolios through reinsurance, portfolio transfers, and…