News

@Insurance Biz NZ
insurancebusinessmag. com > nz > news > breaking-news > fma-chief-executive-samantha-barrass-to-step-down-in-2027-576195. aspx

FMA chief executive Samantha Barrass to step down in 2027

2+ hour, 55+ min ago  (277+ words) Samantha Barrass will step down as chief executive of the Financial Markets Authority " Te Mana T'tai Hokohoko (FMA) when her five-year term ends in January 2027, with the regulator preparing to begin the search for her successor. Barrass will not seek…...

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@Insurance Biz AU
insurancebusinessmag. com > au > news > breaking-news > apra-flags-rising-ai-and-cyber-risks-576190. aspx

APRA flags rising AI and cyber risks

3+ hour, 20+ min ago  (500+ words) Strong capital, liquidity, and prudential safeguards mean our financial system is well-positioned to absorb shocks and continue providing critical services to households and businesses, even if economic conditions deteriorate," APRA chair John Lonsdale said. Sustaining that resilience, however, will require…...

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@Insurance Biz US
insurancebusinessmag. com > us > news > professional-liability > are-ai-exclusions-in-dando-becoming-inevitable-576116. aspx

Are AI exclusions in D&O becoming inevitable?

12+ hour, 54+ min ago  (836+ words) Insurers are taking a cautious wait-and-see approach to artificial intelligence risks as banks and corporate clients experiment with the technology but stop short of large-scale deployment, according to senior executives at Gallagher. The emerging consensus across the directors" and officers…...

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@Insurance Biz UK
insurancebusinessmag. com > uk > news > breaking-news > unum-uk-sees-rapid-uptake-of-digital-claims-platform-576075. aspx

Unum UK sees rapid uptake of digital claims platform

19+ hour, 8+ min ago  (435+ words) Employers are turning to digitally led tools to manage rising long-term sickness absence, with new figures from specialist employee benefits provider Unum UK pointing to faster take-up of platform-based claims submission and earlier intervention in the absence cycle. Digitally led…...

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@Insurance Biz UK
insurancebusinessmag. com > uk > news > breaking-news > orvia-continues-european-buildout-with-netherlands-launch-576053. aspx

Orvia continues European buildout with Netherlands launch

22+ hour, 28+ min ago  (662+ words) Orvia Underwriting has followed its London market entry with a move into the Netherlands, extending the MGA platform's operations across Europe at a time when insurers and MGAs are increasing their focus on specialist commercial risks, cyber exposure and cross-border…...

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@Insurance Biz US
insurancebusinessmag. com > us > news > technology > what-happens-when-submission-volume-breaks-your-workflow-feathery-has-an-answer-575966. aspx

What happens when submission volume breaks your workflow? Feathery has an answer

1+ day, 12+ hour ago  (285+ words) Something is cracking inside commercial insurance right now, and most teams can feel it even if they haven't named it yet. Submission volume is climbing fast - faster than the workflows built to handle it - and the gap between the two…...

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@Insurance Biz UK
insurancebusinessmag. com > uk > news > breaking-news > one-in-seven-uk-consumers-drop-cover-as-cost-pressures-bite--premium-credit-575850. aspx

One in seven UK consumers drop cover as cost pressures bite " Premium Credit

2+ day, 40+ min ago  (410+ words) Around one in seven UK consumers have cancelled or decided against buying insurance in the past year, according to new research from Premium Credit." This compares with the 8% recorded in last year's Insurance Index who said they had been unable…...

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@Insurance Biz UK
insurancebusinessmag. com > uk > news > breaking-news > washingtons-40-billion-hormuz-insurance-fix-zero-takers-575508. aspx

Washington's $40 billion Hormuz insurance fix: zero takers

4+ day, 2+ hour ago  (579+ words) The US Development Finance Corporation's $40 billion maritime reinsurance program " backed by Chubb, AIG, Berkshire Hathaway, Travelers, Liberty Mutual and Starr, and announced by President Trump as the mechanism that would restore energy flows through the Strait of Hormuz " has written…...

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@Insurance Biz AU
insurancebusinessmag. com > au > news > breaking-news > steadfast-becomes-member-of-washington-dc-commercial-insurance-body-575428. aspx

Steadfast becomes member of Washington DC commercial insurance body

6+ day, 15+ hour ago  (382+ words) Insurance Business Steadfast becomes member of Washington DC commercial insurance body The association chief cites a need for broader geographic voices at the table Steadfast Group has become a member of the Council of Insurance Agents & Brokers (CIAB), a Washington,…...

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@Insurance Biz US
insurancebusinessmag. com > us > news > breaking-news > financial-results-westaim-mount-logan-post-q1-2026-numbers-575422. aspx

Financial results: Westaim, Mount Logan post Q1 2026 numbers

6+ day, 16+ hour ago  (529+ words) Two North American financial services groups have released first-quarter 2026 results, with both reporting pressure on headline earnings tied to early-stage insurance build-outs, accounting treatment of new annuity business, and one-off items. The Westaim Corporation reported a Q1 2026 net loss of $33. 4 million,…...

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