Browsing: insurance news

NSM Insurance Group has completed the sale of its U.S. commercial insurance division to New Mountain Capital, marking a significant shift in its business structure.

The Insurance Council of Australia (ICA) reported a $1.94 million operating loss for the year ending December 31, 2024, citing unplanned spending related to regulatory responses, workforce initiatives, and higher-than-expected catastrophe response costs.

Insurance brokerage Partners& has restructured its general insurance division, creating nine new roles to focus on organic growth in 2025.

Insurance industry news about Alan Boswell Group’s acquisition

Britannia Group announces CEO Andrew Cutler’s departure at end of 2025 after nearly two decades with the company

Insurance brokerage firm The Hilb Group has acquired a Maine-based property and casualty agency, effective April 1, 2025, expanding its New England footprint.

Several insurance companies have announced significant leadership changes and new hires to strengthen operations and expand services.

Business Insurance is a news and information source for executives focused on risk management, risk transfer, and risk financing.

Business Insurance is a leading source of news and information for professionals focused on risk management, risk transfer, and risk financing.

Business Insurance provides authoritative news and insights for executives in risk management, risk transfer, and risk financing.