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News
Warren Presses Insurance Watchdogs for Answers Amid Walter Probe
5+ hour, 22+ min ago (462+ words) U.S. Senator Elizabeth Warren is pressing the National Association of Insurance Commissioners to explain how it’s policing Wall Street firms’ influence over insurers and their bets on private credit, saying a probe of Mark Walter’s businesses raises questions about regulatory gaps....
Waterdrop: Q2 Revenue Jumps 73% To $213.4 Million As AI Drives Insurance Growth
3+ day, 23+ hour ago (429+ words) Waterdrop reported second-quarter net operating revenue of RMB1.45 billion ($213.4 million), representing a 72.8% year-over-year increase as its insurance business expanded and the company deployed AI across sales, underwriting and other services. Insurance-related income increased 80.5% to RMB1.33 billion ($196.5 million), while operating profit increased 14.3% year…...
Quandri Partners with Western Financial Group to Build a New Operating Model for Insurance Agencies, Lifting Retention 2.3%
4+ day, 1+ hour ago (288+ words) Quandri’s AI helps a leading enterprise insurance brokerage improve retention, surface revenue, and automate the administrative work behind client service. VANCOUVER, British Columbia, September 10, 2026 – Quandri, the AI platform for insurance agencies and brokerages, today announced a strategic partnership with Western…...
IGI Launches Cipher Underwriting Ltd
1+ week, 5+ day ago (257+ words) The latest new thinking from IGI for you; The launch of Cipher represents an important milestone in IGI’s strategy to expand its specialty reinsurance capabilities through the development of focused underwriting platforms in attractive and growing markets. IGI President & CEO…...
Huscarl raises $5.6M to build an autonomous AI actuary for corporate self-insurance
1+ week, 5+ day ago (1303+ words) For decades, companies have relied on commercial insurers to transfer the financial risks associated with their operations. But an increasing number are choosing to retain more of those risks themselves through insurance subsidiaries known as captives. Now, artificial intelligence is…...
Aon buys mid-market insurance specialist in $17B deal
1+ week, 6+ day ago (36+ words) Crain's Chicago Business Aon buys mid-market insurance specialist in $17B deal These 14 families wield influence across Chicago and Illinois through business, politics, philanthropy, sports and civic institutions....
Alliant to acquire Nava Benefits and expand AI employee benefits
2+ week, 4+ day ago (615+ words) Alliant Insurance Services has agreed to acquire Nava Benefits, adding its AI-native employee benefits platform to Alliant’s national brokerage business. Financial terms of the transaction weren’t disclosed. The deal combines Alliant’s advisory services, analytics and insurance expertise with Nava’s HQ…...
Aon to Launch Totalis Specialty Group in 2027 - ProgramBusiness | Where insurance industry clicks
2+ week, 4+ day ago (366+ words) Published on August 26, 2026 Aon plc will launch Totalis Specialty Group on Jan. 1, 2027, combining NFP Totalis Program Underwriters and Aon Affinity’s U.S. programs business under one strategy and identity. The specialty insurance group will represent more than $5.5 billion in U.S. premium…...
AI will transform the future of insurance claims
2+ week, 5+ day ago (696+ words) An insurance claim usually happens at the worst possible moment. A car is damaged, a water leak floods a basement, and, suddenly, a routine day becomes anything but. In that moment, customers don’t want to deal with a complex situation…...
Asia insurance rates fall 5% in Q2 2026 as competition intensifies
3+ week, 4+ day ago (291+ words) Cyber pricing dropped 8% across the region. Commercial insurance rates across Asia fell 5% in the second quarter of 2026, matching the decline recorded in the previous quarter, as insurers continued to compete for business and capacity remained available. Globally, commercial insurance rates…...