All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Clear Group buys Irish broker Phelan Caswell Insurances
The acquisition marks the continuation of Clear Group’s investment in the Irish broker market.
Hub International continues buying spree with Mayfield Insurance purchase
Mayfield Insurance offers commercial and personal services including life, home, auto and property insurance.
Legal & General agrees to sell US unit to Meiji Yasuda for $2.3bn
Meiji Yasuda also plans to take a 20% interest in L&G’s US PRT business and acquire 5% of L&G’s shares from the market.
Sompo hires AIG executive as chief risk officer for APAC
Lily Claydon will spearhead the company’s risk management strategies, governance and analytics across the APAC territories.
Aviva’s GCS division launches two new business lines
Effective 1 February 2025, this move is indicative of Aviva’s strategy to become a “dual-platform London Market insurer”.
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Amerisure Insurance deploys Guidewire solutions
PwC, a Global Premier member of Guidewire PartnerConnect Consulting, served as the lead partner in the implementation process.
Allianz, IAG vie for RAC WA’s insurance division
The RAC WA has engaged Barrenjoey to conduct a review of its business.
ZestyAI’s Z-FIRE wildfire risk model now filing-ready in California
The model can be filed for rate segmentation and underwriting without additional review under the PRID process.
Pinpoint Predictive, Lightspeed collaborate to improve underwriting precision
Lightspeed intends to refine its pricing strategies, ensuring accurate risk selection and optimised premium structures.
Greece’s Piraeus confirms talks to buy 70% stake in Ethniki Insurance
The transaction is valued at €469m ($485.84m) and is expected to diversify Piraeus’ revenue streams.