News
Liberty Mutual Announces Leadership Restructuring for CRS and LMI
19+ hour, 54+ min ago (297+ words) Liberty Mutual announced a new leadership structure across the company's Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) businesses late last week, appointing Vlad Barbalat president of Global Risk & Capital Solutions. Barbalat is, and will continue, to serve as chief…...
More Insurance M&A Deals on the Horizon?
1+ week, 2+ day ago (1445+ words) Two firms tracking mergers and acquisitions in the insurance industry reported changes in property/casualty insurance deals last year, with one describing "increased momentum" and another "stabilization." Both, however, indicated that selectivity and strategic approaches characterized 2025 deals'a dynamic they believe…...
Commercial Insurance Platform Shepherd Announces $42M Series B
1+ week, 3+ day ago (276+ words) Shepherd, an AI-native commercial insurance platform, announced a $42 million Series B round led by Intact Private Capital, with participation from Spark Capital, Costanoa Ventures and additional investors. The raise brings Shepherd's total funding to $67 million. Shepherd insures the physical infrastructure…...
What Berkshire's CEO Abel Said About Insurance
1+ mon, 3+ day ago (1121+ words) Berkshire Hathaway's chief executive had the unusual task of reporting lower 2025 underwriting and investment income for GEICO and other insurance and reinsurance operations in his first report to investors recently. Personal lines insurer, GEICO, the largest in the group, accounted…...
Executives on the Move at Cowbell, The MEMIC Group, Philadelphia Insurance Companies
2+ mon, 2+ week ago (231+ words) Cowbell announced the appointment of Simon Hughes as Chief Commercial Officer. Hughes, who previously served as SVP, Global Distribution & GM, UK, will oversee Cowbell's global commercial strategy, including distribution, partnerships, international expansion and market development. Cowbell said that since he…...
Constructive Discomfort is the Key to Digital Transformation
2+ mon, 3+ week ago (609+ words) To fundamentally transform an industry, you have to learn to love the pain. This philosophy, rooted in Cytora's co-founder and CEO, Richard Hartley's, background as a ballet dancer and rugby player, posits that progress is inseparable from discomfort. Just as…...
Five AI Trends Reshaping Insurance in 2026
2+ mon, 4+ week ago (113+ words) Five AI Trends Reshaping Insurance in 2026Carrier Management Five AI Trends Reshaping Insurance in 2026 Insurers are famously slow to sign on to emerging trends and technology. This cultural tendency to take the long view is often helpful, as actuarial science plays…...