Sector Updates

The Casualty Actuarial Society (CAS) has recently published an insightful new monograph entitled "Penalized Regression and Lasso Credibility."

Delos Insurance Solutions, a property insurance MGA, has successfully closed a $9m Series A funding round.

The 2024 Earnix Industry Trends Report has revealed that the insurance sector faces pressing challenges with AI adoption, legacy system modernisation, and compliance pressures.

Bindable, a prominent InsurTech firm specialising in alternative distribution technology and services, has introduced a new solution designed for businesses interested in establishing property and casualty (P&C) insurance agencies.

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, a trusted advisor for the specialist insurance sector, has announced a significant enhancement of its Digital Services capabilities.

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).

Customer retention is a critical focus for life and health insurers, who must now navigate an evolving market landscape characterised by increasing customer expectations. Providing personalised experiences, streamlining claims processes, and implementing wellness programmes are all essential strategies that insurers can leverage to enhance customer engagement, reduce churn, and foster long-term loyalty. Digital health engagement platform dacadoo offers up some ideas as to how life and health insurers can retain their customers.

Marsh, a leading global insurance broker and risk advisor, has unveiled significant leadership appointments within its global placement practice.

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.