April 24, 2026
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SPG expands speciality property insurance platform with Proper Insurance acquisition

Emily03 mins

Specialty Program Group (SPG), a specialty insurance distribution, underwriting and advisory business operator, announced the acquisition of Proper Insurance, a provider of insurance for short-term rental properties. Founded in 2014 and headquartered in Bozeman, Montana, Proper Insurance provides business insurance solutions as an alternative to standard homeowners or landlord policies. This specialized coverage is designed…

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Digital infrastructure one of the largest opportunities for reinsurers: Guy Carpenter’s Goodman

Emily08 mins

In a recent Digital Infrastructure News webinar hosted by global insurance broker and risk advisor Marsh, speakers discussed how the scale, concentration and complexity of modern data center projects are reshaping risk for insurers and reinsurers, while also creating significant opportunities for capital deployment. The discussion features Jeremy Goodman, chief client and growth officer for…

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Descartes names Cripps as Business Development Associate, Australia

Emily03 mins

Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has further expanded its Australian operations with the appointment of Will Cripps as Business Development Associate. Cripps joins the Sydney team, bringing expertise in the agricultural sector. In the past, he gained experience deploying IoT sensors in large-scale horticulture operations as…

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Heritage reports net income of $195.6m in 2025 as CoR drops to 73.1%

Emily04 mins

Heritage Insurance Holdings reported a significant improvement in full-year profitability in 2025, with net profit more than tripling on strong underwriting results. The Florida-based property and casualty insurance company reported full-year net income of $195.6 million in 2025, a significant increase of 217.8% from $61.5 million in 2024, while total revenue for the year increased…

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Markel International adds Jain as India’s Business Development & Distribution Lead

Emily03 mins

Markel Insurance, the insurance business of Markel Group Inc., has appointed Ravi Jain as head of business development and distribution, India, based in Mumbai, effective immediately. The appointment is in line with Markle’s wider commitment to investing in India and building strong local partnerships through market expertise. In his new role, Jain will report to…

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Aon executes ‘first known’ stablecoin insurance premium payment among major brokers

Emily05 mins

Global professional services firm Aon has completed what it calls the “first known” stablecoin insurance premium payment among a prime broker, following a successful proof-of-concept using a U.S. dollar-backed stablecoin. The initiative, led by Aon’s Digital Assets business, leverages the firm’s deep expertise in digital asset risk advisory, applying its insurance and risk management solutions…

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Gallagher Re appoints new broker for UK Casualty Fac

Emily01 mins

Global reinsurance brokerage and advisory firm Gallagher Re has appointed Michael Stankard as UK Casualty Facultative broker. Stankard has over 16 years of experience in the financial and specialty re/insurance sectors. He began his career as an Assistant Professional Indemnity Underwriter at Towergate Underwriting Financial Risks before joining HCC International, a specialist insurance company with…

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TD Cowen: AI likely to augment rather than replace insurance brokers

Emily09 mins

Fears that artificial intelligence (AI) will fundamentally disrupt the insurance brokerage industry may be exaggerated, according to a new analyst note from US investment bank and research firm TD Cowen, which says the technology is more likely to augment brokers’ capabilities rather than eliminate their roles. This analysis, led by analysts including Andrew Kligerman, Daniel…

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