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Global alternative investment firm Beach Point Capital Management LP has launched a strategic insurance solutions program focused on expanding partnerships with insurance companies and delivering tailored investment solutions on its platform. The move reflects Beach Point’s ongoing commitment to serving institutional investors through expertise and dedicated client solutions. The company believes that private markets play…

Bermuda International Long-Term Insurers and Reinsurers (BILTIR), the association representing long-term insurance companies and reinsurers in Bermuda, has announced the appointment of Todd Coslow as Director of Policy and Regulation. In his new role, Koslow will lead BILTIR’s involvement in regulatory and legislative matters affecting the long-term re/insurance industry in Bermuda. He will work closely…

Duck Creek Technologies, a provider of software to the property and casualty insurance industry, announced the expansion of its global platform strategy and support for insurance companies operating in international markets. Building on its commitment to helping operators scale globally, Duck Creek has enhanced its multi-country architecture and announced a strategic investment to support the…

Blake Gleeson has been appointed to the newly created role of Chief Client Officer at Gallagher Australia in Perth, effective June 1, 2026. Gleason will leverage his three decades of industry experience to help enhance the customer experience and achieve greater consistency across departments as the business continues to grow across the country. Gleeson joins…

Global insurance and reinsurance brokerage WTW’s latest Commercial Insurance Pricing Survey (CLIPS) shows that U.S. commercial insurance rates rose 2.5% in the first quarter of 2026, marking the third consecutive quarter of slowing interest rate increases. Year-over-year, U.S. commercial insurance rates declined from an overall price increase of 5.3% in the first quarter of 2025,…

Global re/insurance broker and risk advisor Aon has announced the appointment of Lauren Pratscher as chief brokerage officer for the company’s middle market P&C brokerage business. Pratscher brings more than two decades of industry experience to her new role, most recently as Director of Casualty Resettlement for Newfront (acquired by WTW in 2026). Prior to…

DXC Technology, a global technology company focused on insurance and reinsurance, has entered into a multi-year global partnership with Anthropic, an artificial intelligence (AI) security company and creator of Claude. Through this joint initiative, DXC has become one of a handful of global premier partners in the Claude Partner Network, which aims to create new…

Global specialty insurer and reinsurer AXIS has appointed Brian Scott as senior underwriter in its US healthcare reinsurance team. Scott joins AXIS with nearly 20 years of experience in the healthcare industry, having previously held roles at RGA Reinsurance, Voya Financial, Point6 Healthcare and Lockton Companies. He has an extensive background in self-funded health care,…

Independent insurance brokerage Lockton reported that global revenue increased 12% year-on-year to approximately US$4.5 billion in fiscal 2026, as the company’s global reinsurance business, Lockton Re, continued to grow strongly. The company noted that revenue growth included 11% organic growth, marking Lockton’s sixth consecutive year of double-digit organic growth and underscoring the strength of its…

Lancashire Insurance Company America has announced three new appointments as it expands its product portfolio with three new business lines: financial, inland marine and environmental liability. The new products double the company’s coverage offerings and complement existing energy casualty, property casualty and general casualty categories. Jason Rubman, who has 25 years of experience driving market…