Jensten names Jaime Swindle as CEO, Product & Distribution

UK insurance services provider Jensten Group has appointed Jaime Swindle to the newly created position of chief executive officer (CEO) of products and distribution, pending regulatory approval. The appointments follow the insurer’s recent reorganization of its executive leadership team and the division of the business into two clearly defined trading divisions: Brokerage and Product &…

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Allstate’s Q1’26 revenue hits $16.9bn as strong underwriting drives $2.4bn profit

Allstate reported total revenue of $16.9 billion in the first quarter of 2026, an increase of $489 million from the same quarter in 2025, and net income increased to $2.4 billion, reflecting strong underwriting performance. Meanwhile, Allstate’s active policies reached 212 million in the first quarter of 2026, reportedly reflecting growth in auto and homeowners…

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WTW delivers 8% revenue increase for Q1’26

Global insurance broker WTW’s revenue in the first quarter of 2026 achieved 8% (organic growth of 3%), reaching more than US$2.4 billion, and the company’s business revenue increased by 4% year-on-year to US$448 million. Excluding the impact of foreign exchange, revenue increased by 4% and operating margin fell to 18.6% in 1Q26 from 19.4% in…

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ACORD report highlights profitability gap driven by digital execution among global insurers

ACORD, the international organization responsible for insurance data standards, has released the 2026 Insurance Data Standards Insurance digital maturity research Assess how digital capabilities translate into business performance across industries. The analysis covered 210 of the world’s largest insurance companies across property and casualty, life and reinsurance businesses and found that only 7% of companies…

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Data and AI give MGAs a competitive edge, says Xceedance’s Lillywhite

In a recent interview with Reinsurance News, Gavin Lillywhite, senior vice president of business development at Xceedance, discussed how data analytics and generative artificial intelligence (GenAI) can enhance the managed general agent (MGA) business model. “There is much hype and hype around the potential of agent AI to transform the insurance and reinsurance industry. As…

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Fuse introduces Mark, AI submission scoring system for commercial insurance using live market intelligence

Fuse, an AI intelligence platform focused on commercial insurance, has launched Mark, a new solution designed to evaluate insurance submissions based on real-time market data. This follows the company’s recent launch of Watch, a commercial insurance real-time risk dashboard that maps active risk events across the U.S. in real time for brokers and underwriters, and…

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Lancashire reports Q1’26 GPW of $668.4m, insurance revenue up 2.1%

Bermuda-based insurer and reinsurer Lancashire Holdings Limited has announced financial results for the first quarter of 2026, with gross written premiums (GPW) falling 6.1% year-on-year to $668.4 million. The reinsurer pointed out that excluding the impact of recovery premiums related to the California wildfires, the underlying decline in gross written premiums was only 1.2%. The…

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