New York

Axonic Insurance secures $210m preferred equity investment

Axonic Insurance, a global annuity and insurance platform, has secured $210m in preferred equity, led by LuminArx Capital Management, a…

Malibu Life to acquire TruSpire Retirement Insurance 

Malibu Life Holdings has signed an agreement to acquire TruSpire Retirement Insurance Company after its transition to an insurance holding…

EXL and InsureMO unite for insurance sector modernisation

Data analytics and AI specialist EXL has partnered with insurance middleware platform InsureMO, enabling insurers to modernise core systems, integrate…

Marsh McLennan Agency buys Nashville’s Robins Insurance 

Marsh McLennan Agency (MMA), part of Marsh, has acquired Robins Insurance, an independent agency based in Nashville, Tennessee.   Financial details…

ACORD introduces new data standardisation model  

ACORD, the global standards-setting body for the insurance sector, has released a new model aimed at enhancing the standardisation and…

MetLife appoints new chief accounting officer 

MetLife has appointed Adrienne O’Neill as its new executive vice-president and chief accounting officer (CAO), effective 2 September.   O’Neill will…

AXA XL appoints new construction casualty head 

AXA XL has appointed Ed Totten as its new head of construction casualty and integrated its primary and excess casualty…

Marsh McLennan net income surges 7.6% to $1.2bn in Q2 2025  

Marsh McLennan has reported attributable net income of $1.21bn for the second quarter of 2025 (Q2 2025), a 7.6% increase from…

White Mountains to buy majority stake in Distinguished Programs 

White Mountains Insurance Group has agreed to acquire a 51% majority stake in Distinguished Programs, a programme manager for property…

mea Platform and ACORD Solutions partner on automated underwriting  

mea Platform and ACORD Solutions Group (ASG) have collaborated to facilitate the adoption of automated underwriting processes and digital data…

The Standard expands tie-up with HCLTech to integrate AI  

The Standard Insurance Company has expanded its alliance with technology company HCLTech to incorporate AI into its infrastructure and application…

Delaware-based insurer Ategrity launches IPO  

Ategrity Specialty Holdings has launched its initial public offering (IPO) of 6,666,667 shares of common stock.   Before the close of…

Guardian Life unveils organisational and leadership overhaul 

The Guardian Life Insurance Company of America has unveiled organisational and leadership changes aimed at enhancing growth objectives.   As per…

Samsung Fire & Marine Insurance collaborates with Cyberwrite 

Samsung Fire & Marine Insurance (SFMI) has joined up with cyber insurer Cyberwrite to bolster its cyber insurance underwriting and…

United Risk appoints new president and chief commercial officer  

United Risk has appointed Richard Christofer as its president and chief commercial officer (CCO).   Christofer, previously with AIG, Guy Carpenter…

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