Latest Smartphones, Gadgets and Startups News
Cyberattacks are expected to cost large UK businesses £11.7bn in 2025, with shareholder litigation accounting for £3.7bn of the total cost, according to new research by international insurance broking, risk management and consultancy firm Gallagher, in collaboration with the Center for Economics and Business Research (CEBR). The study simulated a scenario in which each affected…
Aon has unveiled plans to launch the Aon Digital Placement Exchange (Aon DPX), a new digital trading platform that will modernize the placement of Follow Line businesses in the London market by using structured data and algorithmic trading to more effectively connect brokers, capital and risk. The platform plans to go online in the second…
Novatae Risk Group (Novatae), the wholesale insurance business of World Insurance Associates, has announced the appointment of Brian Voorhees as Managing Director (MD) of Personal Lines. In his new role, Voorhees will lead Novatae’s personal lines business and be responsible for setting strategic direction, driving growth and delivering strong operational and financial results. He will…
Markel, the insurance business unit of Markel Group Inc., has expanded its professional liability offerings to provide insurance protection against rapidly evolving creative, digital and professional risks. The enhanced ProSolutions product portfolio is a suite of professional liability products designed for specific risks and designed to eliminate insurance blind sports. By consolidating multiple insurance needs…
Incline P&C Group, an Austin, Texas-based property and casualty insurance planning platform with more than $2 billion in total written premiums, announced the appointment of Michelle Hubicki, AFIS, as director of reinsurance. In her role at Incline P&C Group, she will be responsible for leading the execution of core treaty renewals and project placements across…
LexisNexis Risk Solutions, a data and analytics provider focused on the insurance, financial services and public sector markets, has launched LexisNexis Location Intelligence for Home, a predictive analytics solution designed to help American Home Insurance Company more accurately assess property risk. The tool uses artificial intelligence and neural network modeling to support underwriting decisions during…
Industry veteran Xu Jun has joined the board of directors of Zhibao Labuan Reinsurance Co., Ltd., a China-based insurtech company specializing in digital insurance brokerage, as an independent director. The executive has more than 30 years of senior leadership experience and brings deep international insurance and reinsurance expertise to the company’s leadership. Her career has…
The Center for Disaster Preparedness (the Center) has launched Labs, a new innovation platform designed to accelerate practical solutions to help governments better plan, finance and respond to disasters. Conor Meenan will lead the initiative as Laboratory Director. As modern disasters continue to increase in scale and complexity, traditional reactive financing models have proven insufficient….
Pelagos Insurance Capital CEO Dan Burrows said on the company’s recent earnings call that the changing geopolitical landscape in the Middle East is bringing new opportunities to the region. In the first quarter of 2026, Pelagos Insurance Capital Limited (formerly known as Fidelis Insurance Holdings Limited) reported a $76.2 million increase in underwriting revenue across…
Pro Global, a specialist advisor to the specialty insurance industry, has strategically strengthened its services in Latin America to support the growth and increasing operational complexity of the insurance market. This strategic move is designed to meet the growing operational, financial and cross-border needs of insurance companies, reinsurers and brokers in the region. To achieve…