Applied Systems announced the acquisition of Cytora, a digital risk processing platform for the insurance industry, in an effort to accelerate connecting the dots within the insurance ecosystem, something Applied terms as the “Digital Roundtrip of Insurance.” “At Applied, we …
Exclusive: Applied System Acquires AI-Enabled Risk Digitalization Firm Cytora Read More »
Tokio Marine HCC (TMHCC) – Specialty Group, a member of the Tokio Marine HCC group of companies based in Houston, Texas, announced that it has partnered with The Acheson Group to enhance its existing Product Recall Crisis Consultancy abilities with …
Markets/Coverages: Tokio Marine HCC Enhances Product Recall Offering Read More »
Ariel Re, a global reinsurer with offices in Bermuda, London and Hong Kong, announced it has received “in principle” approval from Lloyd’s to launch a new syndicate. From 2026, Ariel Re will be separating its Lloyd’s business into two syndicates: …
Ariel Re Gets ‘In Principle’ Approval From Lloyd’s to Launch Syndicate 2006 Read More »
Swiss Re tops the list of the world’s 40 largest reinsurers, followed by Munich Re and Hannover Re, according to S&P Global Ratings. Berkshire Hathaway Insurance Group comes in at number four, while Lloyd’s is ranked at number 5 and …
Swiss Re, Munich Re and Hannover Re Top List of 40 Largest Reinsurers in 2025: S&P Read More »
Alphabet Inc.’s Google was sued by advertising exchange PubMatic Inc., which is seeking billions of dollars over its claim that the search giant has illegally monopolized the ad technology market. The lawsuit, filed Monday in federal court in Virginia, is …
Google Sued by Advertising Exchange Over Monopoly Violations Read More »
Major automakers showcased their latest models at the Munich car show on Monday, unveiling new EVs and lower-cost models as Europe’s auto sector fights crises ranging from tariff hikes to rising costs and rivalry with Chinese firms on their home …
Automakers Debut New EVs, Affordable Models at Munich Car Show Read More »
The average annual loss of infrastructure including buildings caused by disasters in Africa is $12.7 billion, according to the Coalition for Disaster Resilient Infrastructure. Of the damage 70% is caused by floods followed by earthquakes at about 28%, which are …
Disasters Damage $12.7 Billion of African Infrastructure a Year Read More »
France’s parliament brought down the government on Monday over its plans to tame the ballooning national debt, deepening a political crisis that is weakening the euro zone’s second-largest economy. Lawmakers voted to oust Prime Minister Francois Bayrou and his minority …
French Parliament Ousts Prime Minister, Deepening Political Crisis Read More »
A Connecticut insurance agent has no duty to inform clients that their home insurer intends not to renew their insurance policy, the state’s high court recently affirmed in a case where the homeowners had argued that their long relationship with …
Agent Has No Duty to Tell Insured of Pending Nonrenewal: Connecticut High Court Read More »
The California Insurance Wholesalers Association has created the CIWA Future Matt Abram Scholarship, established in memory of Matthew Abram. The scholarship helps celebrate Abram’s legacy of energy, community, and connection by supporting rising professionals in the property/casualty insurance sector. Scholarship …
CIWA Launches Matt Abram Scholarship to Honor Legacy of Popular Insurance Pro Read More »
