All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

McDougall Insurance merges with Keyes Insurance 

Keyes Insurance president Shaun Keyes will retain his leadership role and oversee McDougall’s activities in Atlantic Canada. 

Central Bank of India picks stake in Future Generali entities 

The state-owned bank acquired a 25.18% stake in FGILICL and a 24.91% stake in FGIICL.

Ryan Specialty to buy Michigan-based insurer JM Wilson 

This deal will see JM Wilson’s operations become part of Ryan Specialty’s RT Binding Authority specialty division. 

NZ Natural Hazards Commission raises reinsurance cover to $6.2bn  

The new coverage marks a NZ$1.15bn ($696.41m) increment from the previous year’s reinsurance total.  

Blackpoint Cyber, UKON join hands to improve cyber risk management  

The tie-up aims to help MSPs evaluate cyber risk, access insurance coverage and enhance security outcomes for their clients. 

NEC Specialty deploys Expert Insured policy management platform 

The Expert Insured platform consolidates policy management, workflow coordination and broker relationship management. 

BP Marsh offloads Sterling to Australia’s ATC Insurance 

The transaction saw ATC acquire 100% of Sterling’s issued share capital for a total consideration of A$33.2m ($21.53m). 

Auto insurer Crabi raises $13.6m in new funding round 

The company intends to use the funds to expand its network of distribution partners and further develop its AI-driven operations. 

Price Forbes Re appoints global head of Life, Pensions & Annuities  

Isaac Sanday will be responsible for establishing a new line of business focused on life, pension and annuity reinsurance transactions.    

Markel Insurance and Insurate team up to enhance workers’ compensation with AI  

Insurate’s platform employs advanced AI algorithms to analyse extensive datasets.