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Davies to acquire Brown & Brown’s four claims and services businesses
The deal will enhance Davies’ existing TPA offerings and add various niche services to its portfolio.
Brit group chief underwriting officer to step down
Christiern Dart, who had been working with Brit since 2006, will be replaced by Jon Sullivan.
Norway’s Gard launches war risk service in collaboration with DNK
This service will help Gard’s clients to minimise risk and improve operational safety in a fast-changing environment.
Marsh and MST Insurance Service’s new Japanese JV starts operations
MST Marsh has been established to make specialised corporate coverage recommendations.
FRISS teams up with Microsoft to augment AI fraud model explanations
FRISS will use the Microsoft Azure OpenAI service for multiple use cases within its offerings.
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Everest Group swings to $678m net income in Q3
The company recorded a strong growth in reinsurance segment, with 32.7% rise in gross written premiums to $3.2bn.
Insurers to cancel cover for airlines in Israel, Lebanon as war escalates
Two airlines, whose names have not been disclosed, have been served with notices by their insurers.
International SOS and Munich Re partner on pandemic risk management tool
The partnership will allow Munich Re’s pandemic policyholders to benefit from International SOS’ health advisory services.
HUB introduces new Independent Physicians Insurance product in US
The product offers medical malpractice coverage benefits to independent physicians and physician groups at reduced costs.
iA Financial’s subsidiary to acquire Vericity in $170m deal
JC Flowers & Co-backed Vericity specialises in providing direct-to-consumer life insurance solutions.