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A new report from AM Best suggests that the continued surge in data center projects provides a “huge opportunity” for the U.S. property and casualty (P&C) insurance industry to develop innovative new property and liability coverage amid growing demand. Data center developers “firmly” believe that infrastructure must be developed if the United States is to…

Sixfold, a provider of artificial intelligence solutions for the insurance industry, has announced the launch of AI Underwriter, a new technology platform designed to assist insurance companies with underwriting analysis, risk assessment and decision support throughout the submission process. This follows Sixfold’s announcement of $30 million in Series B funding earlier this year, which the…

AM Specialty Insurance Group (ASIG), an excess and surplus (E&S) carrier and global provider of niche commercial re/insurance solutions, announced the appointment of Michael Watson to its Board of Directors. Watson has a career in financial services spanning over 45 years, having held senior positions in London, New York, Bermuda and Ireland, beginning his career…

Novus Underwriting, the specialist global wholesale warranty and affinity MGA, has further strengthened its underwriting capabilities with the appointment of Mark Noble. Noble has five years of industry experience and has expertise in a range of consumer protection insurance products, particularly accident, sickness and unemployment insurance. He has in-depth understanding of the development of consumer-centric…

Cyber ​​risk solutions company Resilience has announced the third anniversary of the launch of its Edge cyber risk management platform. The company reports that organizations using Edge have collectively reduced their exposure to extreme cyber losses by more than $1 billion between 2023 and 2026, during which time its customer base has grown more than…

DEVK Group’s reinsurance business continued to grow in 2025, with non-group business (DEVK RE and Echo Re) written premiums increasing by 3.2% year-on-year to 1.41 billion euros. The number of reinsurance customers increased from 998 in the previous year to 1,057, spanning 132 countries. DEVK reported that the combined reinsurance ratio before allocation to equalization…

Marsh Risk, a Marsh business, has announced the launch of a cyber policy endorsement framework designed to speed up clients’ access to funds after a cyber incident. Through this framework, Marsh has negotiated custom accelerated payment endorsements with cyber insurance companies AIG, Beazley, Canopius, CFC and QBE. Marsh is also embedding new policy language into…

QBE Re, the reinsurance arm of global insurance group QBE, has announced the appointment of Will Moss as its London head of maritime, energy and aviation. He will succeed Shane Lawlor, who was appointed global professional executive director of QBE Re in 2025. In his new role, Moss will be responsible for QBE Re’s shipping,…

The World Bank’s Board of Directors approved a $400 million Morocco Climate and Risk Financing Program aimed at strengthening Morocco’s financial resilience to climate, disaster and cyber risks while helping to unlock private capital for the country’s climate infrastructure development. According to the World Bank, the program will develop catastrophe and cyber insurance instruments to…

Independent insurance intermediary and financial services group Clear Group has announced that its chief financial officer Tim Money will leave the role at the end of June 2026 after more than six years in the role. The company said Money joins at a key stage in its development and has been closely involved in supporting…