Browsing: Business Insurance

Oakbridge Insurance, a leading privately owned insurance agency in the Southeast, announces the appointment of John Ledyard to the roles of Executive Vice President and Chief Operating Officer.

The London-listed insurer Lancashire Holdings reported robust financial results for 2024, driven by strong underwriting and investment returns, and anticipates continued growth in 2025, despite facing significant claims from the Baltimore bridge collapse and other catastrophic events.

WTW’s Commercial Lines Insurance Pricing Survey (CLIPS) reveals a continued upward trend in U.S. commercial insurance rates for Q4 2024, though the pace of increases has slowed.

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Square Insurance has launched Prime Connect, a new initiative that aims to streamline insurance purchases by eliminating agent dependency and providing a direct, transparent, and digital experience for customers.

Generative AI presents new challenges to cyber insurance. This article examines how businesses can enhance their cyber resilience by leveraging insurance strategies to mitigate risks.

Ant Insurance witnessed a significant boost in health claim processing, driven by its AI-powered solutions and increasing demand for health insurance services in China.

Jetcraft’s latest market report forecasts increasing preowned aircraft transactions and values through 2029, driven by rising personal wealth among younger buyers.

In 2024, Ant Insurance processed 7.25 million health claims, with payouts reaching RMB 9.2 billion, driven by innovations and increasing demand.

This article explores the transformative potential of embedded insurance for the insurance industry, highlighting the challenges and opportunities for traditional insurers looking to integrate this growing trend.