Month: October 2024

Brookfield Wealth Solutions Launches Reinsurance Unit in Japan Brookfield Wealth Solutions has officially announced the launch of its new reinsurance unit in Japan. This move comes as part of the company’s strategic expansion into the Asian market, aiming to diversify its portfolio and tap into the region’s burgeoning economic landscape. Alongside this significant development, Brookfield […]

Porch Group Shifts Homeowners Insurance to Texas Reciprocal Exchange In a strategic move aimed at enhancing operational efficiency and reducing exposure to weather-related risks, Porch Group has announced the transition of its homeowners’ insurance policies to the Texas Reciprocal Exchange (TREx). The shift is set to provide a streamlined model that benefits policyholders by leveraging […]

Alliant Insurance Becomes Official Broker for San Diego FC’s Debut MLS Season San Diego FC has recently announced that Alliant Insurance Services will be the official insurance broker for the club’s debut season in Major League Soccer (MLS). This partnership includes property and casualty (P&C) coverage, branding initiatives, and community-focused programs designed to benefit both […]

Accredited Insurance Appoints Bufkin and Roufca to Board Accredited Insurance has taken a significant step in strengthening its leadership team by appointing two new non-executive directors, Bufkin and Roufca, to its board. This strategic move aims to bolster the company’s expertise in risk management and strategic execution, which are crucial for comprehensive life insurance planning. […]

Insurance Industry Sees Major Leadership Changes: What it Means for You The insurance industry is witnessing significant leadership changes with Lincoln Financial Group and Chubb making headline announcements. Lincoln Financial appointed a new Executive Vice President and Chief Information Officer (CIO), while Chubb revealed their latest North America business lead. These shifts signal evolving trends […]

With Lives Saved, Hancock Expands Its Longevity View of Life Insurance John Hancock CEO Brooks Tingle, at the recent Hancock symposium, emphasized a significant shift in their approach to life insurance, aligning with broader longevity and wellness trends. “We believe very strongly that the life insurance industry, your life insurance…,” Tingle stated, underscoring the company’s […]

PartnerRe Whitepaper Highlights Decline Mortality Challenges in Life Insurance A recent whitepaper released by reinsurance giant PartnerRe sheds light on the evolving challenges faced by life insurance programs, particularly due to declining mortality rates. This comprehensive report underscores the necessity for the life insurance industry to adapt to these changes to ensure robust coverage and […]

The Increasing Importance of Life Insurance in the Modern World As the world navigates an ever-evolving landscape, the role of life insurance is becoming increasingly prominent. Organizations like Lifetime Insurance are broadening the scope of life insurance to include crucial aspects such as Business/Career Insurance, Retirement Insurance, and Marriage/Divorce Insurance. These expanded offerings reflect the […]

Insurance Salesman Fulfills Moose-Hunting Dream Prior to Death An insurance salesman from Colorado realized his lifelong dream of hunting a moose shortly before his untimely death, showcasing the profound importance of life insurance in securing one’s aspirations and protecting family futures. “Just Living the Dream,” He Wrote in a Card to His Daughter Gary Thompson, […]

ARPC’s Cyclone Reinsurance Pool Achieves 99% Market Coverage The Australian Reinsurance Pool Corporation (ARPC) recently announced a momentous achievement in the insurance industry. Their cyclone reinsurance pool has reached a significant milestone, achieving 99% market coverage. This development is expected to have far-reaching implications for individuals and businesses in cyclone-prone areas. Life Insurance: A Crucial […]