All articles by vidhya munnangi

vidhya munnangi

EmPRO Insurance opens new office in Boston, Massachusetts 

The new Boston office will be led by Michael Miller, recently appointed vice-president of underwriting at EmPRO.   

Beyond Risk merges three employee healthcare benefits insurance businesses 

The consolidation unites SLMP, BeyondRe Stop Loss Insurance Services and the Beyond Health programme.  

Fairfax Financial’s net earnings increase to $945.7m in Q1 2025 

Net premiums written by the property and casualty insurance and reinsurance operations increased by 8.4% to $6.77bn. 

APRA taps Klear.ai to unify claims operations  

Klear.ai tech is designed to simplify claims management through real-time analytics and seamless data integration.  

Pacific Crest Services receives investment from Long Ridge 

The investment will support PCS’s technology, business development, geographic expansion, and capital solution areas.  

Aon appoints new US casualty head for Reinsurance Solutions 

DiLorenzo succeeds Amanda Lyons, who became Aon’s global product leader for Reinsurance Solutions in May last year. 

MIB acquires Clareto from Munich Re Life US  

The deal is aimed at enhancing electronic medical data access and advance data analytics for life insurance underwriting. 

AIG profit plunges 71% in Q1 2025  

The company’s General Insurance segment maintained net premiums written at $4.5bn, flat compared with the prior year quarter.  

Insurtech company COVU buys CIII Insurance Services 

CIII’s operations will transition to COVU’s “remote-first” framework. 

Tokio Marine HCC International names new CEO  

The company also promoted Simon Button to the role of CUO.