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Latest Articles
Third Wave's Gulf Coast deal isn't just about scale - it's about owning plan administration
5+ hour, 11+ min ago (745+ words) Insurance Business Third Wave's Gulf Coast deal isn't just about scale - it's about owning plan administration Five acquisitions add commercial P&C and benefits reach, but the addition of a self-funded plan TPA is the more consequential shift for brokers…...
Property rate declines give brokers more renewal leverage
5+ hour, 16+ min ago (291+ words) Commercial property pricing fell 8.1% in the second quarter of 2026, marking a fifth consecutive quarterly decline, while casualty rates continued to rise, according to The Baldwin Group. The split gives brokers more room to negotiate property pricing, limits and deductibles. Well-documented,…...
The???data portability??? question and risk behind insurance technology deals
1+ hour, 1+ min ago (533+ words) For Rob Galbraith, CEO of Forestview Insights, the risk is practical before it is theoretical. At a prior carrier, his team was evaluating aerial imagery providers to obtain property images and repeated snapshots over time. “We’re trying to get good…...
ICICI Lombard launches 25 innovations on its 25th anniversary
10+ hour, 11+ min ago (276+ words) Over the past 25 years, ICICI Lombard has evolved to meet the changing needs of its customers, offering services beyond traditional financial protection. Having served over 500 million customers and settled more than 60 million claims, the company is now focusing on helping…...
Moncer's performance! Tugu Insurance profit grows 77 percent to Rp480 M in June 2026
13+ hour, 29+ min ago (420+ words) JAKARTA - PT Asuransi Tugu Pratama Indonesia Tbk (Tugu Insurance/TUGU) continued its positive performance throughout the first half of 2026 (consolidation). The Company recorded a net profit attributable to owners of the parent of Rp480.29 billion, up 76.87 percent compared to Rp271.55 billion in…...
AXA Mansard Insurance records N7.8bn profit half year
9+ hour, 17+ min ago (507+ words) AXA Mansard Insurance Plc grew its half-year profit by 14 percent to N7.8 billion, reinforcing its financial strength as Nigeria’s insurance industry enters a new post-recapitalisation era under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. Unaudited results for the six months ended…...
Product issuer or mere administrator? ICC's own paperwork just answered the question ASIC is asking
7+ hour, 12+ min ago (710+ words) Insurance Business Product issuer or mere administrator? ICC's own paperwork just answered the question ASIC is asking A Full Federal Court ruling gives AFSL holders and authorised reps a five-factor compliance checklist - and ICC's own distribution documents may already fail…...
UK motor insurance switching hits three-year low as vehicle values keep falling – LexisNexis
10+ hour, 52+ min ago (804+ words) Insurance Business UK motor insurance switching hits three-year low as vehicle values keep falling – LexisNexis Weaker switching activity means fewer clients are actively shopping the market - here's what that means for how brokers should be generating motor business right now…...
AI handles 70% of ICICI Lombard Insurance’s customer calls
4+ hour, 28+ min ago (140+ words) Published - August 03, 2026 06:24 pm IST - MUMBAI AI Voicebot, a feature that ICICI Lombard Insurance claims as an industry first feature, handles as much as 70% of customer calls in the current year, according to Sanjeev Mantri, MD and CEO of the private…...
Consumer Duty: Where Are We Now After Three Years?
7+ hour, 16+ min ago (259+ words) “From here, firms should consider how they use Consumer Duty as a catalyst for continuous improvement. The organisations that go beyond a narrow compliance and consider how it can help them strategically differentiate what they do will be most successful....