New York

World Insurance Associates buys New York’s HML Brokerage 

World Insurance Associates has taken over the business of HML Brokerage, a Brooklyn, New York-based insurance provider.   Financial details of…

Falcon Risk Services launches new cyber insurance solution 

Managing general agent (MGA) Falcon Risk Services, a subsidiary of HDI Global SE, has launched a new cyber insurance solution,…

Insurtech company Jones lands $15m Series B investment  

AI-driven insurtech company Jones has raised $15m in its Series B financing round, led by NewSpring Capital.  Existing investors including…

CCC finalises $730m EvolutionIQ acquisition  

CCC Intelligent Solutions (CCC) has closed the deal to buy EvolutionIQ, a platform known for its AI-powered guidance in disability…

AXA XL hires new chief underwriting officer for construction and energy 

AXA XL, a division of global insurer AXA, has named Jon Tellekamp as its new chief underwriting officer for construction…

Bishop Street to buy UK MGA Landmark Underwriting 

Bishop Street, a portfolio company of RedBird Capital Partners, is set to acquire Landmark Underwriting, a managing general agent specialising…

NFP buys assets of employee benefits brokerage AnchorGroup 

Property and casualty broker NFP, a unit of Aon, has acquired certain assets of EBA Services, doing business as AnchorGroup.  …

Guy Carpenter enters deal to fully acquire Athens reinsurance JV  

Marsh McLennan's reinsurance unit, Guy Carpenter, has reached an agreement to acquire the remaining 51.5% stake in Athens-based reinsurance broker…

Marsh announces new leadership appointments  

Marsh, a business of Marsh McLennan, has announced the appointment of Alistair Fraser to the newly created role of International…

JenCap to buy insurance broker Risk Innovations

New York-based specialty insurer JenCap has agreed to purchase Risk Innovations, a Georgia-based specialty wholesale insurance broker, for an undisclosed sum.…

New York regulator probes sales practices of indexed universal life insurance

Reports emerged that New York's top financial watchdog believes that some insurance companies might be projecting excessive potential gains in…

Allianz Life of New York debuts new index variable annuity

IVA provides a blend of traditional variable options with an index strategy as well as downside protection with a built-in…

Guardian rolls out new fixed deferred annuity with flexible renewal

Known as the Guardian Fixed Target Annuity, the single premium fixed deferred annuity enables customers to choose from multiple guaranteed…

New York Life rolls out new Asset Preserver

New York Life has introduced an enhanced Asset Preserver, a life insurance product designed to help cover the costs of…

New York Life launches Chronic Care Rider

Mutual life insurer New York Life has expanded its whole life product range with the launch of new Chronic Care…

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