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Protective targets specialty P&C insurance expansion with Obsidian acquisition

Protective Life Insurance Company, a major subsidiary of Protective Life Corporation, plans to acquire property, casualty and specialty insurance platform Obsidian Insurance Holdings, Inc. and its affiliates from private equity firm Genstar Capital. The deal, expected to close in the fourth quarter of 2026 or the first quarter of 2027, will establish a new business…

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PPL introduces updated trading console to advance digital placement capabilities

Placing Platform Limited (PPL), a London-based company that provides digital trading solutions to the insurance industry, has released an updated version of its trading console developed in partnership with Microsoft. PPL is designed to embed the new console within Microsoft Outlook and Teams as a central workspace for managing placements. As the adoption of digital…

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Zurich appoints Amit Kalra to lead new Global Capability Center in India

Zurich, a major international insurance company, has established a new global competence center in Hyderabad, India, and appointed Amit Kalra as head of the Zurich competence center, effective July 1, 2026. The insurer said the move reinforces its focus on advanced technology and artificial intelligence (AI) capabilities to “transform” the insurance industry. The new center…

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Apollo announces appointment of Paul Thomas and launch of sports and entertainment offering

Skyward Group-owned Apollo has announced the appointment of Paul Thomas and is expanding its specialist division with the launch of the Sports & Entertainment (S&E) business category. The company said the development combines S&E with its established emergency and accident and health (A&H) capabilities to create a more integrated offering designed to support profitable growth…

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