technology

Zywave report projects more than $100bn in annual value from AI across insurance distribution

Zywave, a technology company providing software and data-driven solutions for the insurance distribution sector, has released a new report exploring how artificial intelligence (AI) could reshape the US insurance market. Titled The Broker of the Future, the study estimates that AI could create more than USD $100 billion in annual value for insurers and brokers…

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Carrick names Alex Smith as Chief Operating Officer, succeeding Phil Hernon

Carrick Group Limited, a Bermuda-based international non-life legacy insurer, has announced the appointment of Alex Smith as Chief Operating Officer (COO), succeeding Phil Hernon. Hernon has been with Carrick since its founding in 2019 and previously served as both COO and Chief Commercial Officer. He will continue as Chief Commercial Officer, effective 1 November 2026….

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Pen Underwriting and SiriusPoint extend social housing partnership to at least 2030

Pen Underwriting has revealed a multi-year extension to its strategic partnership with global specialty underwriter SiriusPoint, renewing long-term capacity for its specialist social housing business through to at least 2030. Pen explained that the agreement builds on the strategic relationship established between the two firms in 2024 and reflects their long-term commitment to the highly…

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