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FortressFire’s platform helps insurers and property owners assess and manage wildfire exposure at the level of individual properties.
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The company currently owns around 49% of consultancy S-RM.
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Eric Schneider, senior vice president at Frontier Risk, moves to NFP in the same position, reporting to Scott Foster, who leads NFP's Healthcare and Life Sciences practice.
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For India, the reinsurer's corporate arm is setting up a tie-up with Bajaj General Insurance, contingent on definitive agreements and the necessary regulatory clearances.
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The tie-up is intended to help carriers, MGAs and brokers strengthen core operations and move transformation initiatives forward with greater confidence.
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GlobalData finds motor insurance switching fell to its lowest level since 2018, despite continued competition in the market.
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