Latest Smartphones, Gadgets and Startups News
MSIG USA and Mitsui Sumitomo Insurance Company (MSI Japan) (collectively, MSIG) have partnered with the International Finance Corporation (IFC), a member of the World Bank Group, to launch a new insurance-backed credit facility designed to expand access to finance in emerging markets. Under the facility, MSIG will support IFC’s efforts to increase lending to banks…
Global reinsurance brokerage Gallagher Re has announced the appointment of Kevin Ingram as Vice President of USA Property Facultative. Ingram has more than 25 years of reinsurance industry experience, covering reinsurance accounting, U.S. and international temporary property underwriting, and temporary property reinsurance brokerage. He has a proven track record of managing cross-functional teams and supporting…
Claude, the artificial intelligence platform developed by Anthropic, is currently undergoing extensive corporate rollout at Hub International Limited, an insurance brokerage and financial services company. Anthropic, an artificial intelligence research and development company, is working with HUB to implement the platform across its more than 20,000 employees. The program launches at the end of the…
Home insurance group Hippo announced its financial results for the fourth quarter of 2025, with net profit of US$6 million, total premiums increasing by 40%, and the combined ratio improving to 99%. Net income for the fourth quarter of 2025 compared to net income of $44 million for the fourth quarter of 2024, which included…
Delos Insurance Solutions, a property and casualty insurance managing general agency, has made a series of senior leadership changes as it prepares for its next phase of expansion. The company focuses on home insurance solutions, particularly in markets where many traditional insurance companies have reduced or withdrawn coverage. By combining proprietary wildfire science with satellite…
Chubb, a major U.S. insurance company, announced the appointment of Brent MacLean as division president of ESIS Inc., a third-party administrator and a wholly-owned subsidiary of Chubb. ESIS provides a full range of claims and risk management services to a variety of commercial clients. Services include workers’ compensation, general liability, auto liability, products liability, professional…
The management board of Munich Re, one of the world’s largest reinsurers, intends to propose a dividend of $24 per share in 2025, higher than the dividend in 2024 and well above the consensus of $21.86 per share in fiscal 2025. In addition to the dividend proposal, which the Supervisory Board will decide upon publication…
Insurance and reinsurance brokerage group Marsh has announced the appointment of Peter Harrison to its board of directors, which currently consists of 13 directors. Harrison has more than thirty years of experience in investment management and executive leadership. He has been with Schroders for more than a decade, from which he retired in 2024, serving…
American Integrity, a Tampa-based property and casualty insurance company, reported full-year net income of $97.4 million in 2025, a significant increase from $38 million in 2024. Chief executive Robert Ritchie said 2025 was a “defining chapter” in the company’s history. In 2025, the company’s gross premium income will reach $885 million, an increase of 29.7%…
New cyber insurance claims data from cyber risk and insurance company Resilience shows a fundamental shift in how cybercriminals operate and make money. According to a statement from its 2025 Customer Portfolio, the company’s latest analysis shows that threat actors are conducting longer and more planned campaigns against organizations. The findings also make it clear…