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News


insurancebusinessmag.com > us > news > breaking-news > insurance-moves-corgi-panamerican-third-wave-relm-axa-xl-burns-and-wilcox-mj-more-589265.aspx

Insurance moves: Corgi, Pan-American, Third Wave, Relm, AXA XL, Burns & Wilcox, MJ, More

4+ day, 16+ hour ago   (958+ words) Corgi has named Erin Gambrel (pictured, center) vice president of financial services, tasked with driving retail investor growth and brand reach for the company's ETF lineup. Gambrel joins from Investing Authority, where she oversaw retail trading campaigns reaching more than…...


insurancebusinessmag.com > uk > news > auto-motor > van-premiums-fall-4-5-as-insurers-diverge-sharply-on-pricing-589312.aspx

Van premiums fall 4.5% as insurers diverge sharply on pricing

4+ day, 7+ hour ago   (341+ words) Van insurance premiums fell 4.5% in the three months to August. That ended a period of flat pricing and resumed the downward trend running since the market peaked in October 2024. Quoted prices are now 11% below last year and around 16% lower than…...


insurancebusinessmag.com > uk > news > breaking-news > rising-liability-estimates-are-reshaping-aviation-insurance-renewals-589321.aspx

Rising liability estimates are reshaping aviation insurance renewals

4+ day, 6+ hour ago   (675+ words) Aviation insurers are recalculating how much a single passenger death could cost them, with higher liability assumptions feeding through into capacity and pricing at airline renewals. According to Nigel Weyman (pictured), global executive - aerospace at Gallagher in London, the shift…...


insurancebusinessmag.com > uk > news > breaking-news > liberty-specialty-adds-free-security-consultation-for-political-risk-policyholders-588933.aspx

Liberty Specialty adds free security consultation for political risk policyholders

6+ day, 13+ hour ago   (401+ words) Liberty Specialty Markets has introduced a new benefit for eligible political risk insurance policyholders -- a one-off advisory consultation with Blackthorn Risk Group, an independent security consultancy, at no additional charge for the defined scope of the session. The consultation must…...


insurancebusinessmag.com > uk > news > construction-engineering > underwriters-keep-arriving-after-the-risk-has-already-been-decided-588502.aspx

Underwriters keep arriving after the risk has already been decided

1+ week, 4+ day ago   (718+ words) By the time insurers are asked to cover a major infrastructure project, many of the decisions determining how difficult or expensive it will be to insure may already have been made. The Association of British Insurers (ABI) wants government to…...


insurancebusinessmag.com > us > news > technology > crawfords-ai-chief-explains-claims-innovation-strategy-588347.aspx

Crawford's AI chief explains claims innovation strategy

1+ week, 5+ day ago   (546+ words) Insurance Business Crawford's AI chief explains claims innovation strategy David Wright details how Crawford & Company balances AI experimentation with adjuster autonomy Crawford & Company, a provider of claims management and outsourcing solutions, is putting new artificial intelligence tools through a formal…...


insurancebusinessmag.com > reinsurance > news > breaking-news > reinsurance-buyers-regain-control-ahead-of-2027-renewals-marsh-re-588229.aspx

Reinsurance buyers regain control ahead of 2027 renewals: Marsh Re

1+ week, 6+ day ago   (684+ words) Cedents will enter the 2027 reinsurance renewals with ample capacity and greater freedom to choose between lower prices and rebuilding protections eroded during the hard market, according to Marsh Re. In a virtual briefing ahead of Monte Carlo Rendez-Vous de Septembre…...


insurancebusinessmag.com > au > news > breaking-news > parametric-insurance-just-paid-out-for-a-coral-reef-for-the-first-time-in-the-us-587259.aspx

Parametric insurance just paid out for a coral reef for the first time in the US

2+ week, 6+ day ago   (202+ words) Hurricane Lala triggered a $200,000 payment on a policy built to protect a natural asset rather than a building. For an industry still selling the promise of parametric coverage, it's a rare real-world proof point. When Hurricane Lala hit the Big…...


insurancebusinessmag.com > uk > news > professional-liability > the-grudge-purchase-that-could-cost-businesses-more-than-they-think-587149.aspx

The "grudge purchase" that could cost businesses more than they think

3+ week, 6+ hour ago   (561+ words) "One of the main reasons people buy PI because they're told to, that they have a contract and the other person says if you want this work, you must tick this box and have PI cover, and they go away…...


insurancebusinessmag.com > uk > news > breaking-news > commercial-insurance-cant-wait-until-renewal-anymore-586653.aspx

Commercial insurance can't wait until renewal anymore

3+ week, 5+ day ago   (517+ words) "The pace of change has been remarkable," McGirr said. "It is fundamentally changing the conversations that we're having with clients." Businesses are adopting technologies such as telematics and artificial intelligence, adapting to new regulation and expanding into new markets while…...