News

Waypoint Underwriting Management, a division of Brown & Brown, has entered into a Reinsurance Intermediary Management Agreement with MEM Mutual Insurance Company (MEM) to underwrite property, casualty, and workers compensation treaty reinsurance business on MEM’s behalf. Waypoint is a specialty reinsurance underwriting management company […]

AXA XL, the property, casualty and specialty risk division of AXA, has announced the appointment of Samantha Wotton as Head of Coverholder Development. Wotton will join AXA XL following six years with DUAL Group, the international underwriting arm of Howden Group. During her tenure at DUAL Group, Wotton served as UK Deputy Commercial Officer and […]

Novel Financial Holdings has secured an investment from Flexpoint Ford, a specialist private equity firm, to support its continued expansion as a diversified underwriting and insurance services holding company. Funded through Flexpoint Asset Opportunity Fund III and Flexpoint Insurance Opportunity Fund I, the capital investment broadens Novel’s […]

Global reinsurer Swiss Re has announced the launch of a new business unit, Alternative Capital Solutions, a division that will encompass its retrocession buying activities, as well as its insurance-linked securities (ILS). Launching on July 1st, the Alternative Capital Solutions team will be led by long-standing senior employee Mirjam Wiget. In […]

Xceedance, a provider of technology-enabled services and operational solutions for the global insurance industry, has appointed Vikas Wadhera as Senior Vice President as the company seeks to further develop its catastrophe modelling and exposure management capabilities. The appointment forms part of Xceedance’s broader strategy to strengthen its […]

Florida’s Citizens Property Insurance Corporation has revealed it has placed its 2026 private risk transfer program of $2.82 billion. Of the total, approximately $691 million is in the traditional reinsurance market and $2.13 billion in the capital markets, resulting in an overall weighted-average net rate-on-line (ROL) of 9.52%. The program […]

Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, has appointed Richard Alexander as Head Property East. In his new role, Alexander will lead Swiss Re CorSo’s East Property team, supporting underwriting performance, profitable growth, and continued collaboration with clients and brokers across the region. […]

New research from First Street found that 79% of global data centre capacity is exposed to elevated acute climate hazards, including flooding, wind, and wildfire risks that can disrupt operations, increase downtime, and drive up insurance and repair costs. First Street’s analysis shows that climate risk is emerging as a critical factor in data […]

Pro Global, a global provider of specialist insurance services, technology and consulting solutions, has strengthened its Claims division with the appointment of three senior professionals as the company continues to invest in its complex claims expertise. The company has appointed Gary Brankin as Head of Technical Claims, Harjinder Gill as Senior […]

Earnix, a Dynamic-AI platform for insurance, has announced the launch of AIOS, the AI Orchestration System for Insurance, bringing intelligence, agents, models, workflows, governance, and human oversight into a single decisioning engine designed to improve insurer performance. AIOS extends Earnix’s intelligent decisioning capabilities across the […]