Browsing: Business Insurance

Bajaj Finserv will acquire Allianz’s 26% stake in their insurance businesses, ending a long-standing joint venture.

Florida legislators questioned current and former insurance commissioners about a 2022 report detailing money transfers from insurers to affiliates, raising concerns about financial practices amid rising property insurance costs.

Markel Group has appointed Simon Wilson as the new CEO of its primary underwriting businesses, now collectively known as Markel Insurance.

A recent survey reveals a significant shift towards digital platforms for small business insurance, driven by speed, convenience, and the ability to compare options without an agent.

HTF Market Intelligence’s recent study provides a detailed analysis of the global business car insurance market, projecting significant growth through 2032.

South Korean insurance companies are set to expand their business ventures into healthcare, medical care, and services for companion animals.

Longtime Berkshire Hathaway director Ronald Olson will be retiring, as the company’s annual meeting approaches. In related news, Warren Buffett is advising shareholders to vote against various proposals submitted for consideration.

Explore the transformative impact of Artificial Intelligence (AI) on the insurance underwriting process, including its benefits, implementation roadmap, and future implications.

The insurance industry is grappling with increased extreme weather events, leading to challenges for homeowners and potential economic slowdowns. The industry’s continued support of polluting energy companies exacerbates the problem.

Markel Group Inc. (NYSE: MKL) has appointed Simon Wilson as the Chief Executive Officer of its core underwriting businesses, renamed Markel Insurance.