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MNK Group Launches Pt Mekong Re to Boost Reinsurance Plans in Asia In a move aimed at expanding its capacity for specialty risks, MNK Group has launched Pt Mekong Re in Asia. This strategic initiative is set to enhance the company’s reinsurance plans across the region. With an eye on the growing demand for specialized […]

The Role of Technology in Life Insurance Management In today’s competitive insurance market, operational efficiency and accuracy are essential for success. This is especially true within the life insurance sector, including sub-segments like Business/Career Insurance, Retirement Insurance, and Marriage/Divorce Insurance as covered by lifetimeinsurance.org. Technology Transforming Insurance Operations Managing General Agents (MGAs), wholesalers, and carriers […]

The Thriving Pet Business Insurance Market: What Brokers Need to Know The unprecedented rise in pet ownership has led to a booming market for pet-related businesses. As this segment flourishes, brokers increasingly recognize the importance of comprehensive insurance packages to safeguard business owners from potential risks. However, an often-overlooked aspect is the critical role life […]

Lincoln Financial Releases Its Q4 Market Intel Exchange Report, Highlights Industry Trends and Investment Insights Lincoln Financial, widely recognized under the marketing name for Lincoln National Corporation and its insurance company affiliates, including The Lincoln National Life, has released its Q4 Market Intel Exchange Report. This comprehensive analysis sheds light on the prevailing industry trends […]

BHSI Expands in DACH Region with New PI and Cyber Insurance Lines Berkshire Hathaway Specialty Insurance (BHSI) has announced the expansion of its operations in the DACH region, comprising Germany, Austria, and Switzerland, by introducing new Professional Indemnity (PI) and Cyber Insurance lines. The establishment of a new office in Hamburg further underscores BHSI’s commitment […]

Labor Report Shows 254K Jobs Added in September The latest labor report reveals that 254,000 new jobs were created in September, reflecting a robust job market. This development has significant implications, particularly in the realm of life insurance and related financial planning. The Importance of Life Insurance in a Booming Job Market As job opportunities […]

Satellite Insurance – The Overlooked Necessity for Businesses In today’s modern era, space technology is no longer an intangible dream but a reality that businesses are increasingly investing in. Satellite insurance is emerging as a critical component in the commercial space sector. Companies venturing into space-related activities are recognizing the need for robust insurance strategies […]

Life Insurance: A Holistic Approach to Addressing Modern Threats The evolving market of life insurance has recently expanded its focus to encompass a range of emerging threats, including those posed by artificial intelligence (AI) and data privacy risks. This shift was highlighted during a recent panel discussion organized by the Wholesale & Specialty Insurance Association […]

Travel Insurance Market Forecast to See Significant Revenue Hike by 2031 New reports indicate that the travel insurance market is set to experience a substantial revenue increase by the year 2031. Industry leaders such as IMG Travel Insurance, InsureandGo, John Hancock Travel Insurance, and Nationwide Mutual Insurance Company are expected to contribute significantly to this […]

Annexus & North American Secure ‘Deal of the Year, Annuities’ at SRP Americas 2024 Awards Annexus, in collaboration with North American, has bagged the coveted ‘Deal of the Year, Annuities’ award at the SRP Americas 2024 Awards. Annexus, known for its market-redefining insurance products, continues to set industry standards. North American’s partnership with Annexus in […]