Browsing: commercial lines

Aon plc introduces Aon Broker Copilot, an innovative platform leveraging artificial intelligence and predictive analytics to transform the commercial insurance placement process

WTW has appointed Farah Ismail as Senior Director and Head of Commercial Lines within its insurance consulting and technology business.

Premium renewal rates for commercial insurance lines showed varied trends in the first quarter of 2025, with most experiencing year-over-year increases

Following the sale to New Mountain Capital, NSM Insurance Group’s U.S. commercial business has been divided into two entities: Ignyte and Novacore.

Global commercial insurance rates decreased by 3% in the first quarter of 2025, marking a third consecutive quarter of rate reductions, according to Marsh’s Global Insurance Market Index report.

Munich Re announced its acquisition of Next Insurance, a move that will integrate the insurtech company into Munich Re’s primary insurance business, Ergo. The deal, valued at $2.6 billion, signifies a strategic expansion for Munich Re in the small business insurance market.

WTW’s Commercial Lines Insurance Pricing Survey (CLIPS) reveals a continued upward trend in U.S. commercial insurance rates during the fourth quarter of 2024, although with some moderation compared to previous quarters.

Several insurance companies are expanding their capabilities by appointing experienced professionals in casualty, employee benefits, and commercial lines.

Recent appointments in the insurance industry.