Year: 2024

Amwins Expands Online Marketplace with Residential Flood Coverage Amwins has recently broadened its online marketplace by introducing residential flood coverage, a development that offers significant potential for homeowners in 21 states. This new capability is seen as a robust addition to Amwins’ extensive insurance portfolio. However, it’s worth noting that this expansion comes at a […]

Revealed – Winning Wildfire-Resilient Landscaping Designs As wildfire concerns escalate globally, landscape architects are innovating ways to marry aesthetic appeal with safety. In a recent event, the most effective wildfire-resilient landscaping designs were unveiled, highlighting that “beauty and safety can be compatible goals.” Amidst these advancements, the significance of life insurance and its various sub-topics […]

Global Premium Income Reaches Record Growth Since 2006 According to the latest report from Allianz, global premium income has enjoyed the highest growth rate since 2006. This phenomenal growth is expected to continue, bolstering the importance of life insurance for individuals and businesses alike. Significance of Life Insurance Life insurance offers pivotal benefits by providing […]

McLarens Elevates Corporate Development VP to COO McLarens, a leading firm in the global insurance sector, has announced the promotion of their Corporate Development Vice President to the role of Chief Operating Officer (COO). This strategic move is designed to further enhance the company’s operational efficiency, investment strategy, and the development of innovative insurance products. […]

McLarens promotes corporate development VP to COO In a strategic move to bolster its executive team, McLarens has announced the promotion of its corporate development Vice President to the role of Chief Operating Officer. This decision aims to enhance the company’s overall growth and market presence. The new COO is also set to oversee the […]

Evolving Regulatory Demands Drive Creation of Healthcare Liability Practice As the landscape of risk in the healthcare industry becomes increasingly complex, companies are adapting to new regulatory requirements by developing specialized practices. One such insurer is making notable strides in this arena, acknowledging the importance of mitigating risks through various forms of life insurance offered […]

Relation Insurance Services Announces First Insurance Acquisition In a significant move within the insurance industry, Relation Insurance Services has revealed the acquisition of First Insurance. According to the announcement, First Insurance will continue to operate under its current management structure. This acquisition is poised to provide an array of life insurance benefits to policyholders, extending […]

Tornado Destruction and Its Impact on Communities After the recent tornadoes wreaked havoc across several states, insurers are speeding up their response to assist affected residents. According to a report from Insurance Business Magazine, the Insurance Association has urged residents to contact their insurance providers as soon as they can safely do so. The Role […]

One80 Expands Homeowners’ Proposition to Oregon One80 Intermediaries, a national insurance group, has announced the expansion of its homeowners’ insurance offerings to Oregon. This move aligns the firm with carrier partners to provide wrap-around coverage that complements the state’s FAIR Plan. While this development is significant for property owners, it also brings to light the […]

US P&C Insurers’ Investment Income Offset Losses From Weather Events Last year, U.S. property and casualty (P&C) insurers saw their investments perform well, which helped mitigate significant losses due to weather events. According to recent data, the robust investment income was a crucial factor in balancing the insurers’ financial outcomes for the year. Key Financial […]