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Insurance Business
insurancebusinessmag. com > nz > news > life-insurance > marsh-opens-captive-access-to-more-multinationals-amid-benefits-cost-surge-579104. aspx

Marsh opens captive access to more multinationals amid benefits cost surge

33+ min ago  (483+ words) As double-digit healthcare cost inflation squeezes multinational employers, Marsh has launched Marsh Nexus Captive Solution, a cell captive structure that helps organisations control the costs of their international employee benefits programs. The product operates through Marsh's Mangrove Protected Cell Company,…...

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Insurance Business
insurancebusinessmag. com > au > news > technology > allianz-claims-top-spot-as-gap-between-insurers-opens-up-over-successful-ai-competitive-advantage-579113. aspx

Allianz claims top spot as gap between insurers opens up over successful AI competitive advantage

3+ hour, 23+ min ago  (375+ words) For two years, the insurance industry has been laying the groundwork for artificial intelligence. The question now dividing the market is harder, and more consequential: is any of it translating into competitive advantage? The 2026 Index introduces something its predecessor could…...

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Insurance Business
insurancebusinessmag. com > nz > news > technology > ais-and-the-paradox-of-new-zealands-insurance-talent-problem-579092. aspx

AI's and the paradox of New Zealand's insurance talent problem

4+ hour, 48+ min ago  (343+ words) AI's and the paradox of Zealand's insurance talent problem Insurance Business AI's and the paradox of New Zealand's insurance talent problem New global study confirms AI rewards expertise and erodes routine work Pw C's 2026 Global AI Jobs Barometer, published yesterday,…...

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Insurance Business
insurancebusinessmag. com > uk > news > cyber > willis-finds-cyber-coverage-adequate-for-most-breach-and-firstparty-losses-579036. aspx

Willis finds cyber coverage adequate for most breach and first-party losses

15+ hour, 18+ min ago  (630+ words) Insurance Business Willis finds cyber coverage adequate for most breach and first-party losses Data breaches lead in frequency but ransomware leads in financial severity Cyber insurance covered more than 95% of average data breach losses and 90% of average first-party losses - even…...

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Insurance Business
insurancebusinessmag. com > reinsurance > news > breaking-news > ariel-re-promotes-fiveyear-veteran-to-chief-commercial-officer-579075. aspx

Ariel Re promotes five-year veteran to chief commercial officer

16+ hour, 29+ min ago  (387+ words) Ariel Re has appointed Tim Shreeve (pictured) as chief commercial officer, effective 16 June 2026. Shreeve, who is based in Bermuda, will focus on identifying and advancing growth opportunities across the business. In the role, he will work with clients, brokers and…...

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Insurance Business
insurancebusinessmag. com > nz > news > breaking-news > acc-weekly-compensation-ceiling-rises-under-new-index-review-579099. aspx

ACC weekly compensation ceiling rises under new index review

8+ hour, 9+ min ago  (503+ words) Insurance Business ACC weekly compensation ceiling rises under new index review Funeral, survivor, and childcare grants are also getting a reset New Zealand's Accident Compensation Corporation (ACC) conducts an annual review of two government economic indices to determine whether client…...

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Insurance Business
insurancebusinessmag. com > au > news > breaking-news > ibccc-puts-renewal-failures-at-centre-of-2025-breach-data-579073. aspx

IBCCC puts renewal failures at centre of 2025 breach data

8+ hour, 10+ min ago  (701+ words) Insurance Business IBCCC puts renewal failures at centre of 2025 breach data Renewal timeframes, communication quality, and disclosure gaps defined the year Renewal timeframe failures accounted for nearly half of all code breaches in 2025, as the Insurance Brokers Code Compliance Committee…...

Insurance Business
insurancebusinessmag. com > uk > news > breaking-news > lv-policyholders-to-move-to-allianz-insurance-plc-in-january-2027-579078. aspx

LV= policyholders to move to Allianz Insurance plc in January 2027

12+ hour, 34+ min ago  (386+ words) Six years after Allianz completed its "1. 078 billion takeover of LV= General Insurance Group, the legal structure behind the business is finally catching up with the ownership. Liverpool Victoria Insurance Company Limited - the entity that has continued to underwrite LV= policies…...

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Insurance Business
insurancebusinessmag. com > uk > news > professional-liability > delegated-underwriting-still-delivers-if-you-stay-in-your-lane-579080. aspx

Delegated underwriting still delivers if you stay in your lane

12+ hour, 25+ min ago  (872+ words) Delegated underwriting has become one of the insurance market's biggest success stories. For Jonathan Rouse, Director at Protect Underwriting, the reason is simple: specialist underwriters have been given the freedom to do what they do best. The challenge, he believes,…...

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Insurance Business
insurancebusinessmag. com > reinsurance > news > breaking-news > axis-capital-adds-mckinsey-ai-expert-to-its-board-of-directors-579070. aspx

AXIS Capital adds Mc Kinsey AI expert to its board of directors

17+ hour, 49+ min ago  (470+ words) AXIS Capital Holdings has appointed Pradip Patiath to its board of directors, effective June 15, 2026. Patiath will serve on the board's Risk Committee and Human Capital and Compensation Committee. Patiath is a senior partner at Mc Kinsey & Company, leading the firm's…...

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