Latest Smartphones, Gadgets and Startups News
Global reinsurer Munich Re has appointed Bob Algie as property, construction and engineering manager for Munich Re Australia’s Global Markets Specialty division, effective in the second half of 2026. In his new role, Algie will lead the establishment of the real estate, construction and engineering underwriting teams. He has over twenty years of experience in…
Direct-to-consumer home and auto insurance company Kin reported gross auto written premiums (GWP) of more than $6 million and a total of more than 250,000 home policies in force. Following a successful pilot in Texas in late 2025, Kin launched auto insurance in January 2026 for its home insurance customers in Florida and Texas. Within…
Integrated legal and commercial services provider DWF has announced the appointment of David Abbott as Managing Partner of its Insurance Services division, effective 1 May 2026. He succeeds Matthew Doughty, who has continued to lead the division on an interim basis since his appointment as Group CEO on 1 August 2025. Paul Jenks, who has…
A new report from Swiss Re suggests that while insurance coverage has largely kept pace with rapidly growing risks, the rising value of assets affected by natural disasters, and the resulting increase in absolute coverage gaps, continues to pose a resilience risk, highlighting the need for targeted adaptation projects to reduce expected losses, reduce physical…
Gallagher Re has announced the deployment of the Allphins risk management platform, becoming the first reinsurance broker to be licensed for the tool. The global broker has signed a multi-line agreement covering real estate, onshore energy and terrorism businesses for the platform. The deployment comes at a time of continued pressure on property catastrophe rates,…
Arch Capital Group Ltd., a global provider of insurance, reinsurance and mortgage insurance, has expanded President Maamoun Rajeh’s responsibilities to include oversight of its insurance division in addition to the reinsurance and mortgage businesses he already leads, as the company adopts a single-president model. Archie explained that David Gainsbourg will step down as president and…
International specialist insurer and reinsurer Convex Group Limited has launched a wholly-owned, technology-enabled managed general agency (MGA) called Kinetic Insurance Services (Kinetic), which will commence trading in the final quarter of this year. The reinsurer explained that MGA, based in the UK, has FCA regulatory approval and will target specialist and niche business areas that…
Resilience, a cyber risk solutions company that combines cybersecurity expertise, risk management technology and cyber insurance services, has launched a new Private Equity Cyber Risk program designed to help private equity (PE) firms better understand and control cyber risks in their portfolios. The program combines Arc, Resilience’s cyber risk management platform for complex organizations, with…
Bermuda-based insurer Mereo Insurance Limited (Mereo) has begun underwriting the first excess casualty energy policies under a renewal rights deal between Everen and Cedar Trace, an insurance, reinsurance and asset management group that is strategically aligned with Mereo. This follows a reported acquisition of Everen Specialty Ltd.’s (ESL) excess casualty energy portfolio renewal rights and…
Investment banking and research firm TD Cowen released a report titled: Our view on the E&S market, Review the latest developments in the excess and surplus (E&S) insurance industry. TD Cowen pointed out in the analysis that the recent slowdown in E&S growth is mainly related to weak pricing conditions, especially in the property and…