Browsing: Business Insurance

Markel Group Inc. announced the appointment of Simon Wilson as Chief Executive Officer of Markel Insurance.

Markel Group Inc. has appointed Simon Wilson as Chief Executive Officer of Markel Insurance, overseeing the company’s primary underwriting businesses.

Allianz saw a 6.4% year-on-year increase in emissions intensity within its commercial insurance unit, although revenue from sustainable solutions grew significantly.

The Financial Services Commission (FSC) is allowing insurance companies to diversify their business offerings to respond to demographic shifts, climate change, and technological advancements.

A new bill introduced in the Senate seeks to provide a long-term extension to the National Flood Insurance Program, moving away from the cycle of short-term renewals.

Progressive Insurance is in discussions to expand its NASCAR involvement with a team sponsorship deal, potentially with Joe Gibbs Racing.

Marsh has introduced Cyber Echo Encore, extending its Cyber Echo insurance facility to provide clients with up to $45 million in additional cyber insurance coverage.

PHLY is helping businesses manage the risks of alternative energy solutions.

The South West Investment Fund, managed by Maven Capital Partners, has invested £1.15 million in CHC Insurance Services to support its growth and global expansion.

An in-depth look at how AI is revolutionizing the commercial insurance sector, addressing legacy systems, and improving efficiency for brokers. This article offers a comprehensive view of the transformative potential of AI in commercial insurance.