2024 insurance trends: Earnix report reveals insurers lagging in AI and tech modernisation
The 2024 Earnix Industry Trends Report has revealed that the insurance sector faces pressing challenges with AI adoption, legacy system modernisation, and compliance pressures.
Aon to acquire Griffiths & Armour to strengthen UK and Ireland market presence
Aon, a global professional services firm listed on the New York Stock Exchange under the ticker AON, has signed a definitive agreement to acquire Griffiths & Armour, a UK-based insurance broker.
Pro Global enhances digital services with Propel Automation integration for re/insurers
Pro Global, a trusted advisor for the specialist insurance sector, has announced a significant enhancement of its Digital Services capabilities.
CLARA Analytics appoints finance veteran as its new CFO
CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has added a finance veteran to its leadership team as its new Chief Financial Officer (CFO).
Marsh bolsters global placement practice with swathe of new hires
Marsh, a leading global insurance broker and risk advisor, has unveiled significant leadership appointments within its global placement practice.
Insurance giant Chubb strengthens Latin America team with new leadership roles
Chubb, a leading global insurance provider, has announced two key appointments in its Latin American leadership team to drive growth and enhance client service across Latin America’s rapidly developing markets.
Root Inc refinances $200m term loan facility with BlackRock to boost financial flexibility
Root, the Columbus, Ohio-based parent company of Root Insurance Company, has announced a successful refinancing of its term loan facility.
The capital was supplied by...
Regal raises $40m to revolutionise customer experience with AI Phone Agents
Regal, a leading provider of AI-powered contact centre software, has successfully secured $40m in funding to accelerate the development and deployment of its innovative AI Phone Agent technology.
WTW’s ResQ Machine-led Reserving technology promises efficiency for insurers and reinsurers
WTW, a leading global advisory, broking and solutions company, has launched a new product designed to address the long-standing challenges within the insurance industry, particularly the costly and infrequent analyses required for financial reporting.
Macquarie launches rent-a-captive insurance solution to enhance client offerings
Macquarie, a global financial services provider, has expanded its client offering with the launch of a rent-a-captive insurance solution for property and casualty-related risks.
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