Weekly Articles

Sep 28-Oct 10, 2025

AG initials

Insurance Market

Acrisure to Lay Off 400 Employees, Citing Tech Advancements and AI Integration

Acrisure will lay off 400 accounting employees starting in early 2026, citing increased use of artificial intelligence and technology. The company emphasized the difficulty of the decision but said the move is necessary to stay competitive. Based in Grand Rapids, Michigan, Acrisure employs about 2,000 in the state and remains committed to the region. The insurance broker, ranked No. 3 on Insurance Journal’s 2025 Top 100 list, reported $2.83 billion in P/C revenue for 2024. Acrisure has been investing heavily in AI since acquiring Tulco’s insurance intelligence business in 2020, and recently secured $2.1 billion to advance its tech-enabled platform.

Amwins and Applied Risk Capital join forces to expand underwriting capabilities in the credit insurance space

Amwins has acquired Applied Risk Capital (ARC), a leading MGA specializing in credit insurance for the leveraged finance market, expanding its underwriting portfolio. The acquisition enhances Amwins’ ability to offer differentiated credit insurance products backed by ARC’s deep market expertise and experienced leadership. ARC’s team will leverage Amwins’ scale and infrastructure to broaden market access and accelerate product innovation.

APCIA Chair Robusto: Industry Must Fight False Narratives, Improve Public Trust

Dino Robusto, chair of the American Property Casualty Insurance Association, emphasized the urgent need for the industry to rebuild public trust amid rising skepticism fueled by misinformation and misrepresentation. He argued that private-market insurance is more sustainable than government-backed solutions and highlighted the industry's consistent fulfillment of claims and investments in safety and resilience.

Arcadian Risk Capital Announces Investment from Lee Equity Partners

Arcadian Risk Capital has entered a strategic partnership with Lee Equity Partners to accelerate its global expansion and deepen its underwriting capabilities. Founded in 2020, Arcadian has grown rapidly across multiple regions and insurance lines, emphasizing disciplined risk selection and portfolio construction. Following the transaction, Arcadian’s team will retain significant ownership, while SiriusPoint exits its stake but continues a long-term commercial partnership.

Chaucer launches new cyber offering “Vanguard” - Haggie Partners

Chaucer Group has launched Vanguard, a cyber risk management and insurance solution tailored for complex businesses, offering up to $15 million in cyber liability and $30 million in property damage coverage. The policy emphasizes real-world risk mitigation over basic compliance and is supported by Chaucer’s global hubs, including a new team in Dubai. Vanguard also includes access to partner services from firms like BreachBits, CrowdStrike, and DeNexus, providing advanced threat emulation, proactive defense, and data-driven risk quantification for industrial and infrastructure sectors.

Coalition Re Announces Live Event Response

Coalition Re has launched Live Event Response, a new alert system that notifies cedants of policyholders potentially exposed to unfolding cyber threats like zero-day vulnerabilities. These alerts, based on global internet-wide scanning, help cedants proactively mitigate risks and reduce portfolio exposure, without indicating confirmed breaches. The feature complements Coalition Re’s Helios platform, which offers strategic insights into technology and supply chain risk concentrations using a proprietary catastrophe model.

Florida lawmakers push for greater transparency in pet insurance | Insurance Business America

Florida’s Senate Bill 158 aims to improve transparency in the pet insurance market by requiring insurers to disclose key policy details and submit annual reports to regulators. The bill also mandates continuing education for agents and builds on recent regulatory efforts to support the sector’s growth. With the U.S. pet insurance market expanding rapidly, SB 158 could boost adoption in Florida by increasing consumer confidence and clarity.

Insurance Industry, Others Press Congress to Act on NFIP at Deadline

Sixteen industry organizations have urged Congress to swiftly reauthorize the National Flood Insurance Program (NFIP), which is set to expire on September 30, warning that a lapse would jeopardize millions of Americans and disrupt tens of thousands of property transactions. They support the NFIP Extension Act of 2026 to ensure continued coverage amid ongoing hurricane season and rising flood risks. The National Association of Realtors estimates that a lapse could impact 1,300 property sales daily and 500,000 annually.

Insurance Office of America Launches IOA 2.0

IOA’s new partnership with Madison Dearborn Partners and Navacord is set to accelerate its growth, expand its scale, and strengthen its position in the U.S. insurance brokerage market. The collaboration aligns with IOA’s client-first, people-centric culture, offering enhanced services and greater career opportunities for its team. Leaders from MDP and Navacord view IOA as an ideal strategic partner and are confident the alliance will drive innovation and long-term success across borders.

Lengthy Government Shutdown to Impact Insurers, Says AM Best

AM Best warns that a prolonged U.S. government shutdown could have ripple effects across the insurance sector, from reduced federal spending to market uncertainty. One immediate risk: the National Flood Insurance Program (NFIP) expires at midnight, which could halt new flood policies and disrupt coverage for many insureds.

OpenAI, Anthropic eye investor funds to settle AI lawsuits, FT reports

OpenAI and Anthropic are reportedly considering using investor funds to help cover potential multibillion-dollar copyright lawsuits related to the use of protected material in AI training. While OpenAI has secured some insurance coverage for AI risks, estimates vary and all sources agree it falls short of potential liabilities. Both companies are exploring alternative risk strategies, including self-insurance and captive insurance vehicles, as legal pressures mount.

SiriusPoint Ltd. - SiriusPoint Announces Sale of ArmadaCare MGA for $250m with Long Term Capacity Deal Until 2030

SiriusPoint has agreed to sell its MGA subsidiary ArmadaCare for $250 million while securing a long-term capacity arrangement that runs through 2030. The transaction allows SiriusPoint to monetize its investment while continuing to support ArmadaCare’s employee benefits programs with underwriting capacity.

Triple-I/Milliman: P/C Insurance Industry Poised for Growth and Underwriting Profitability in 2025 Despite Geopolitical and Natural Catastrophe Uncertainties

The U.S. property/casualty insurance industry is projected to grow faster than the overall economy in 2025 and maintain underwriting profitability for a second consecutive year. Strong premium growth and replacement costs below inflation are driving performance, though risks like tariffs and labor market softening may impact 2026. While personal auto and workers’ compensation show continued strength, general liability remains challenged with forecasted underwriting losses.

Reinsurance Market

Augment Risk and Cohen & Company announce strategic joint venture to revolutionize reinsurance solutions - Haggie Partners

Augment Risk and Cohen & Company have launched a joint venture to bridge traditional reinsurance and insurance-linked securities (ILS) capital by creating a casualty ILS facility. The model is intended to provide clients faster access to capital markets capacity, aligning ILS deployment with conventional placement and claims processes across the U.S., Europe, and Bermuda.

Bamboo Pioneers MGA-Sponsored Sidecar Expansion with Accredited to Launch E&S Signature in Texas

Bamboo Insurance and Accredited have completed the reinsurance backing for their new E&S Signature program through a multi-year sidecar transaction via Greenshoots Re Ltd. The move marks an expansion of Bamboo’s capital markets model and supports its entry into the Texas excess & surplus market.

Penn-America Underwriters Launches Reinsurance MGA: First De Novo Venture in MGA Platform Expansion

Penn-America Underwriters is launching its first reinsurance MGA in partnership with veteran executive George Dragonetti, who will serve as President of the new unit. The move represents a strategic expansion of Penn-America’s MGA platform into reinsurance, aligning with its broader Manifest initiative to grow specialty underwriting capabilities.

Commercial Lines

Bold Penguin Acquires SquareRisk to Expand Specialty, E&S Access

Bold Penguin, an insurtech subsidiary of American Family Insurance, has acquired SquareRisk, an AI-driven wholesale insurance marketplace. The deal expands Bold Penguin’s access to specialty and E&S markets, enhancing its platform’s ability to place complex risks and offer broader commercial coverage options through integration with over 45 specialty carriers and MGAs.

EPA Wants to Roll Back Super Pollutant Rules

The U.S. Environmental Protection Agency has proposed loosening rules that phase down the use of hydrofluorocarbons, citing concerns about limited availability of alternatives and economic costs. Critics warn the move could worsen climate impacts by allowing greater use of potent greenhouse gases.

Honeywell Offloads Inherited Asbestos Liabilities

Delticus will assume full responsibility for managing and resolving asbestos-related claims in a liability divestiture that results in a one-time after-tax loss of approximately $115 million. However, the move is expected to improve annual free cash flow by over $100 million in the coming years.

High Demand for Gen AI Insurance; Buyers Say They’ll Pay More: Report

A Geneva Association survey of 600 corporate insurance buyers across six countries found strong demand for Gen AI risk coverage, with over 90% expressing interest and more than half willing to pay 10–20% higher premiums. Demand is highest among heavy Gen AI users and in the U.S. and China. Key risks businesses want covered include cybersecurity, third-party liability, and operational risks. Insurers face challenges around adverse selection, moral hazard, and uncertain loss patterns. Despite these hurdles, carriers are beginning to respond with policy extensions, standalone products, and risk-based underwriting strategies, urging early engagement and scenario testing to build sustainable Gen AI insurance markets.

KatRisk Launches Perilfinder™ in North America, Bringing Speed, Clarity, and Flexibility to Property Risk Decisions

KatRisk has launched Perilfinder™ in North America, a property risk management platform already trusted across Europe. It offers instant, property-level risk intelligence using KatRisk’s advanced catastrophe models and Gamma’s underwriting expertise. This launch enhances KatRisk’s global presence and complements its suite of solutions, including SpatialKat.

Novacore to Acquire Minglewood Risk, Strategically Expanding Their Real Estate Insurance Segment

Novacore is acquiring Minglewood Risk to bolster its footprint in the real estate and property insurance segment, adding specialized underwriting and broker distribution capabilities. The move expands Novacore’s commercial lines offerings and enhances its capacity to serve property owners and real estate clients.

Starwind Specialty Insurance Services Launches Starwind Marine and Energy

Starwind Specialty Insurance Services has launched Starwind Marine and Energy, a new brand consolidating JH Blades, Southern Marine, and ETU to strengthen its focus on the marine and energy sectors. The initiative reflects Starwind’s long-term strategy to deliver innovative, client-centric solutions in complex risk environments, with Graham Jenks appointed as President. This move reinforces the company’s commitment to underwriting excellence, operational clarity, and continued investment in talent and tools to lead these specialized markets.

Survey Shows Homeowners Warming to DIY Digital Claims, Insurance Processes

A nationwide survey by Xceedance found that nearly 80% of U.S. homeowners are willing to use smartphones to document property damage for insurance claims, with strong interest also in using digital tools for policy quotes. Older adults showed high adoption willingness, but many respondents expressed concerns about making mistakes, app complexity, and privacy. As catastrophe losses rise, insurers could improve efficiency and customer satisfaction by offering well-supported self-service tools.

The Fidelis Partnership launches A&H MGA, Corsiam

The Fidelis Partnership’s MGA platform Pine Walk has launched Corsiam Specialty Ltd., a new MGA focused on underwriting global Accident & Health insurance and reinsurance business, backed by its Lloyd’s syndicate 3123. Tim Morgan (formerly at Beazley) will lead as Corsiam’s lead underwriter, supported by David Walker, bringing decades of underwriting expertise to support expansion into the A&H class.

Willis reports that the commercial insurance market is stabilizing

The commercial insurance market is stabilizing after years of volatility, supported by over $1 trillion in surplus capital and $725 billion in reinsurance capacity. Buyers are benefiting from declining property renewal rates and favorable conditions in lines like Workers’ Compensation, allowing for broader coverage and improved program structures. Artificial intelligence is transforming underwriting and claims management by delivering deeper insights and enabling faster, tailored decisions.

Workers’ Compensation Continues to Lead P/C Industry With Strong Profits

Despite pricing declines, workers’ compensation remains the most profitable property/casualty line, with a 2024 combined ratio of 88.8, according to AM Best. Profitability is driven by favorable prior-year loss development, though reserve cushions are shrinking. Premiums are falling, especially in California, which accounts for over 20% of national workers’ comp premiums. Rate hikes may be on the horizon due to rising medical and claim costs. Industry-wide, insurers benefit from capital abundance and AI adoption, creating opportunities for growth. However, macroeconomic risks, legal shifts, and prolonged rate cuts could challenge profitability if not managed carefully.

Emerging Risks & Technologies

3 Emerging Risks to Watch: Biogenic Materials, Modular Nuclear Reactors, Farm Technology

Innovations in biogenic building materials like hempcrete, modular nuclear reactors, and precision agriculture are reshaping the American industrial and residential sectors with a focus on sustainability and efficiency. On farms, rising adoption of AgTech tools such as drones and autonomous vehicles introduces new risks for insurers, who must also monitor emerging exposures tied to these evolving technologies.

At-Bay Launches Industry-First Solutions that Unlock Crucial Cyber Insurance Coverage for Ransomware and Financial Fraud

At-Bay has introduced new “InsurSec” packages that combine enterprise-grade managed security with enhanced cyber insurance features such as flat renewals, zero retentions on ransomware and fraud, and instant coverage activation. These solutions aim to close coverage gaps for mid-market and small businesses by integrating preventive security and policy design to reduce risk exposure and improve insurability.

Bondaval Partners with Swiss Re Corporate Solutions to Launch Data-Driven Credit Risk Solution

Bondaval has entered a global partnership with Swiss Re Corporate Solutions to launch a data-driven credit risk solution, where Bondaval will underwrite and issue credit insurance policies and non-payment guarantees via its technology platform and Swiss Re will provide the insurance capacity. The platform integrates client data systems to give actionable credit exposure insights, and the products will be available through broker partners starting January 2026.

CyberCube Gains a New $180M Investor in Spectrum Equity

CyberCube has secured a $180 million investment from Spectrum Equity to support its long-term growth, joining other key institutional investors. The company serves over 130 clients and is widely used by top global cyber insurers and brokers for analytics and risk modeling. In 2025, CyberCube expanded its product suite with Exposure Manager and named former Verisk CEO Scott Stephenson as chair of its Board of Directors.

De-risking Development: LSM’s Will Limb on Political Risk Insurance and the SDG Investment Gap

Political risk insurance can help unlock trillions in sustainable development investment by mitigating geopolitical risks that deter funding in emerging markets. William Limb of Liberty Specialty Markets highlights the need for greater awareness, innovative solutions, and public–private collaboration to scale protection and bridge the $4 trillion annual funding gap.

FurtherAI Raises $25M to Alleviate Insurance Industry’s ‘Busywork’ Burden

FurtherAI, a San Francisco-based insurance AI startup, has raised $25 million in a Series A round led by Andreessen Horowitz to modernize insurance workflows like underwriting, claims handling, and policy comparisons. The company aims to replace outdated tools with scalable, accurate AI-driven solutions that reduce manual work and improve efficiency, already processing billions in premiums annually.

Governor Newsom signs bipartisan package of bills reforming California’s insurer of last resort | Governor of California

Governor Gavin Newsom signed a bipartisan package of bills aimed at strengthening California’s insurer of last resort, the FAIR Plan, to better support disaster recovery and address the climate-driven insurance crisis. The legislation introduces new financing tools, improved oversight, and expanded coverage, including for manufactured homes, while requiring regular updates to wildfire prevention measures. These reforms are part of the broader Sustainable Insurance Strategy launched in 2023 to stabilize the insurance market and expand coverage in high-risk areas.

High Demand for Gen AI Insurance; Buyers Say They’ll Pay More: Report

Heavy Gen AI users and firms with prior AI-related incidents show the greatest willingness to pay for Gen AI risk coverage, especially in tech, finance, and manufacturing sectors. Despite insurability challenges like information asymmetry and unpredictable losses, insurers are responding with policy extensions, standalone products, and innovative underwriting strategies to meet evolving Gen AI risks.

Top 10 Global Risks | Global Risk Management Survey

The 2025 Global Risk Management Survey reveals a more intense and complex risk landscape, with cyber risk remaining the top concern and geopolitical volatility entering the top 10 for the first time. Organizations are increasingly focused on quantifying cyber exposure and embedding resilience, while competition, supply chain failure, and regulatory change also pose significant challenges. These trends highlight the need for a data-driven, adaptive approach to risk that integrates strategy and resilience across the business.

Litigation & Mass Torts

HONEYWELL ANNOUNCES TRANSACTION TO DIVEST LEGACY ASBESTOS LIABILITIES

Honeywell has transferred its Bendix and certain non-Bendix asbestos liabilities to Delticus, contributing about $1.68 billion in cash and insurance assets, and in return will no longer bear any liability for current or future asbestos claims. The move is expected to produce a one-time after-tax loss of roughly $115 million but improve annual free cash flow by over $100 million in the coming years.

J&J Must Pay $966M After LA Jury Finds Company Liable In Talc Cancer Case

A Los Angeles jury awarded $966 million to the family of Mae Moore, who died from mesothelioma, finding Johnson & Johnson liable for asbestos in its talc baby powder. The verdict includes $16 million in compensatory and $950 million in punitive damages. J&J denies the claims and may appeal.

Musk’s X Settles Ex-Twitter Executives’ $128 Million Severance Pay Lawsuit

Elon Musk and X Corp have reached a settlement with four former Twitter executives, including ex-CEO Parag Agrawal, over a $128 million severance dispute following Musk’s acquisition and mass firings. The settlement terms remain undisclosed, and a federal judge has delayed proceedings to allow finalization. This case follows a separate $500 million settlement with laid-off Twitter employees and is part of a broader wave of legal challenges Musk has faced since purchasing the company in 2022.

People Moves

AIG Announces New North America Commercial Insurance Leadership Team

American International Group (AIG) announced the retirement of Don Bailey, EVP and CEO of North America Commercial Insurance, effective year-end, citing health reasons. Bailey’s nearly 40-year career included leading AIG’s strategic repositioning and strengthening broker and client relationships. A new leadership structure will begin January 1, 2026, with Allison Cooper and Barbara Luck as Co-Presidents of Retail, and Lou Levinson as President of Wholesale, all reporting to incoming President John Neal.

Allstate Announces Updates to Leadership Team

Allstate has reshuffled its senior leadership effective October 1, 2025: Mario Rizzo assumes the role of Chief Operating Officer, overseeing the Property-Liability and Protection Services businesses. Jess Merten moves from CFO to President of Property-Liability reporting to Rizzo, while John Dugenske becomes interim CFO in addition to his role as President of Investments and Corporate Strategy.

Aon Names Gerardo Polanco as Iberia Reinsurance Leader

Aon has named Gerardo Polanco General Manager of its Iberia Reinsurance business, where he will drive collaboration across geographies, specialties, and lines of business to enhance client service. Polanco brings over 25 years of reinsurance experience and will report to Tomas Novotny, Aon’s EMEA CEO and International Reinsurance Chairman.

Aon Names Srivastava as Reinsurance Global Chief Broking Officer

Aon has named Anshuman Srivastava as its global Chief Broking Officer for Reinsurance, based in London and reporting to George Attard. In his new role he will align reinsurer risk appetites with client needs, promote scalable capital solutions, and support innovation through data and analytics.

Arch Insurance International Continues Expansion of Construction Team with Senior Hire - Arch Insurance

Arch Insurance International has appointed Kevin Lumiste as a Senior Construction Underwriter to support the ongoing expansion of its construction business. Lumiste brings over 25 years of underwriting experience, especially in power generation and complex risk, and will bolster Arch’s capability to serve brokers and clients around the globe.

Arch Insurance International Appoints Head of Business Solutions - Arch Insurance

Arch Insurance International has appointed Miriam Reid as Head of Business Solutions, where she will lead strategic operations and business improvement initiatives to drive growth and enhance performance. With over 20 years of global insurance experience, Reid joins from Beazley’s Cyber Risks division and will collaborate closely with underwriting, transformation, and technology teams. Her appointment supports Arch’s focus on scalable, future-ready solutions and strengthens its position in a rapidly evolving digital and AI-driven market.

B&R | Maria Healy Joins National Property Practice

Brown & Riding has welcomed Maria Healy to its National Property Practice, where she will focus on complex property and builder’s risk. With over 20 years of experience, Healy is known for her strategic thinking and strong client relationships. Leadership praised her collaborative style and industry expertise. Healy expressed enthusiasm for joining a team committed to excellence and delivering innovative insurance solutions.

Blackstone Credit & Insurance hires industry veteran Kimberly Kim to lead APAC insurance client coverage - Blackstone

Blackstone has hired Kimberly Kim as Senior Managing Director and Head of APAC Insurance Institutional Client Solutions for its Credit & Insurance division. In the newly created role she will help expand Blackstone’s presence in the Asia-Pacific insurance market, leveraging over 20 years of experience in the region.

BOXX Insurance Fuels US Expansion with Strategic Hires to Lead Distribution, Claims and Tech

BOXX Insurance has announced three key U.S. appointments to support its growth and distribution strategy: Joe Gates as Head of Distribution, Central; Ray Moylan as Claims Manager; and Thomas Beale as Head of Engineering & Architecture. Gates will lead broker and partner relations to expand BOXX’s Cyberboxx® offerings, Moylan will manage proactive claims for SME clients, and Beale will advance BOXX’s cyber platform strategy. These hires reflect BOXX’s commitment to attracting top talent and delivering best-in-class cyber insurance solutions.

Changes in Sampo’s Group Executive Committee following CEO transition and resignation of the Group CFO

Morten Thorsrud has officially taken over as CEO of Sampo Group, with Ricard Wennerklint appointed Deputy CEO and two new members added to the Group Executive Committee. Group CFO Knut Arne Alsaker will step down in 2026 and be succeeded by Lars Kufall Beck, currently COO of If P&C. These leadership changes reflect Sampo’s shift to a more operationally focused structure as it continues executing its strategy across the Nordics and UK.

Fergus Re Appoints Reinsurance Veteran Stewart Ritchie as CEO to Drive Next Phase of Growth and Market Expansion

Fergus Re has announced a leadership transition, with Navin Dadlani becoming Chairman and Stewart Ritchie taking over as CEO effective October 1, 2025. Ritchie brings extensive reinsurance experience and will lead the company’s strategic growth, focusing on innovation and expanding operations in Bermuda. This move supports Fergus Re’s commitment to scaling its casualty risk platform and entering new markets with capital-efficient solutions.

GEICO Names Orpello CMO; O’Donnell Head of Logistics at Howden US  GEICO has appointed Arianna Orpello as Chief Marketing Officer, effective January 5, 2026, bringing over 20 years of brand and digital strategy experience from firms like Goldman Sachs, TD Bank, and Capital One. Orpello will oversee all marketing initiatives and report directly to CEO Todd Combs. Meanwhile, Howden US named Tom O’Donnell as Head of Logistics to lead its insurance broking and risk advisory efforts in the logistics sector, leveraging his 25+ years of industry experience from Aon, DHL, and Schenker.

HDI Global USA Appoints Ralph Christy as New Engineering Lines & Construction Lead  HDI Global Insurance Company has appointed Ralph Christy as Engineering Lines & Construction Lead, leveraging his 20+ years of underwriting experience across Large Property, Boiler & Machinery, and Engineering Lines. Christy will work remotely from Rhode Island and report to Kai Brueggemann, aiming to drive growth and enhance HDI’s U.S. brand presence. His leadership and broker relationships are expected to play a key role in expanding the company’s regional footprint.

Howden US appoints Carol Murphy to lead Casualty Practice Howden US has appointed Carol Murphy as Head of US Casualty, where she will join CEO Mike Parrish’s leadership team and work with global specialty leaders to build a technically strong, client-focused casualty practice. Murphy brings experience leading casualty strategy, placement, claims advisory, and analytics from previous roles at Hub and Aon.

ICW Group Insurance Companies Names Lynn Moretti as Chief Claims Officer | ICW Group  ICW Group Insurance Companies has appointed Lynn Moretti as Chief Claims Officer to lead its claims strategy, drive innovation, and enhance customer experience across its expanding product lines. Moretti brings over 25 years of global claims and operations leadership, including roles at AmTrust, Selective Insurance, and Liberty Mutual. She will oversee a nationwide team and implement best practices to elevate claims management and support ICW Group’s strategic growth.

James River Recruits Georgia Collier and Matt Sinosky,  James River Group has appointed Georgia Collier as Senior Vice President of Specialty Underwriting and Matt Sinosky as Vice President of Business Development & Distribution to strengthen its Excess and Surplus leadership team. Collier, returning from Markel Group, will oversee six specialty underwriting divisions, while Sinosky, formerly with Arch Capital, will lead wholesale channel strategy and broker partnerships.

MNK Group - Specialty MGA continues expansion with appointment of market leader Nick Conway Specialty MGA has appointed Nick Conway as Senior Underwriter for Medical Malpractice, where he will manage risk across its global medical portfolio including hospitals, clinics, practitioners, and allied health lines. Conway brings over 25 years of underwriting and broking experience from firms like Marsh, Themis Group, and BMS Global Healthcare to support Specialty MGA’s growth in the healthcare sector.

Munich Re North America Life: Mary Forrest Retires as President and CEO    Mary Forrest will retire as President and CEO of Munich Re North America Life in Q1 2026, with Marc-Andre Giguère and Bernard Naumann continuing to lead the U.S., Canada, and Caribbean operations. Under Forrest’s leadership, the business achieved significant growth, generating over €6 billion in revenue and advancing innovation through digitalization and AI tools like alitheia. Munich Re is confident that the new leadership will maintain stability and build on its strong market position across the region.

QBE North America Appoints Jayne Cunningham as Senior Vice President and Environmental Underwriting Leader QBE North America has named Jayne Cunningham as Senior Vice President and Environmental Underwriting Leader, where she will lead the launch and expansion of QBE’s environmental specialty business in North America. She brings over 30 years of insurance industry experience, including more than 20 years in leadership roles focused on environmental risk and specialty underwriting.

Rachel Watts Joins mea Platform as Chief Operations Officer - mea platform MEA Platform appointed Rachel Watts as Chief Operations Officer to strengthen execution and scale its AI-driven insurance operations, following recent leadership hires. She brings more than two decades of experience from roles at Markel, Pacific Life Re, and AXA XL, and will focus on accelerating client implementations and efficiency gains.

Ryan Specialty Appoints Steve Keogh and Brendan Mulshine as Co-Presidents  Ryan Specialty has appointed Steve Keogh and Brendan Mulshine as Co-Presidents, in addition to their current roles as COO and CRO, respectively. They succeed Jeremiah Bickham, who will serve as a strategic advisor through year-end after 14 years with the company. Both Keogh and Mulshine bring over 30 years of industry experience and are recognized for their leadership and contributions to the firm’s growth. The appointments reflect Ryan Specialty’s commitment to strong executive leadership as it continues its trajectory of sustainable expansion.

The Fidelis Partnership promotes Billy Ayres to Head of Crisis Management The Fidelis Partnership has promoted Billy Ayres to Head of Crisis Management, where he will oversee both its Terrorism and Contingency teams. Ayres joined TFP in 2024, previously handled bespoke war, terror, and political violence risks, and will also work to expand these offerings geographically in alignment with TFP’s cross-selling and BRICS+ strategy.

Vantage Risk Promotes Krista Robinson to Chief Risk Officer Vantage has promoted  Krista Robinson to Chief Risk Officer, succeeding Peter Skerlj who is retiring. In her new role she will lead enterprise risk management and reserving functions to support Vantage’s growth and resilience.

WEFOX APPOINTS DIETER BARTL TO GROUP CFO |Wefox has appointed Dieter Bartl as Group Chief Financial Officer effective October 1, 2025, with plans for him to join the company’s executive committee. He brings more than 25 years of experience across insurance, banking, and technology, having held senior roles at Zurich Insurance, Prudential, and as CEO of an SME insurance broker.