News
TWIA requires a further $1. 23bn of reinsurance to meet 2026 risk transfer needs
27+ min ago (394+ words) 18th May 2026 - Author: Luke Gallin - After successfully pricing its latest catastrophe bond, as reported by our insurance-linked securities (ILS) focused sister publication, Artemis, the Texas Windstorm Insurance Association (TWIA) now requires around $1. 23 billion of fresh reinsurance to fulfil its risk transfer…...
Generali and ECMWF formalise European partnership on climate risk and resilience
2+ hour, 18+ min ago (663+ words) 18th May 2026 - Author: Taylor Mixides - The European Centre for Medium-Range Weather Forecasts (ECMWF), the European intergovernmental organisation specialising in weather and climate forecasting, has entered into a Memorandum of Understanding with international insurer and asset manager Generali to expand the use…...
Michelle Hubicki appointed Director of Reinsurance at Incline P&C
5+ hour, 29+ min ago (187+ words) 18th May 2026 - Author: Taylor Mixides - Incline P&C Group, a property and casualty insurance programme platform based in Austin, Texas with more than $2 billion in gross written premium, has announced the appointment of Michelle Hubicki, AFIS, as Director of Reinsurance. In…...
Novatae appoints Brian Voorhees as MD of Personal Lines
4+ hour, 29+ min ago (151+ words) 18th May 2026 - Author: Beth Musselwhite - Novatae Risk Group (Novatae), the wholesale insurance business of World Insurance Associates, has announced the appointment of Brian Voorhees as Managing Director (MD) of Personal Lines. Prior to that, Voorhees served as Vice President of Business Development…...
Markel introduces new media and entertainment coverage to professional liability offerings
4+ hour, 58+ min ago (219+ words) 18th May 2026 - Author: Kassandra Jimenez-Sanchez - The enhanced Pro Solutions portfolio, a suite of professional liability products designed for specialised risks, aims to eliminate insurance blind sports. By consolidating multiple coverage needs into a streamlined framework, Markel intends to help clients reduce…...
Lexis Nexis Risk Solutions introduces AI-powered Location Intelligence tool for US home insurers
5+ hour, 58+ min ago (401+ words) 18th May 2026 - Author: Taylor Mixides - Lexis Nexis Risk Solutions, a data and analytics provider focused on insurance, financial services and public sector markets, has launched Lexis Nexis Location Intelligence for Home, a predictive analytics solution aimed at helping US home insurers…...
Centre for Disaster Protection's new platform to help accelerate risk financing solutions
2+ day, 19+ hour ago (314+ words) 15th May 2026 - Author: Kassandra Jimenez-Sanchez - The Centre for Disaster Protection (the Centre) has launched Labs, a new innovation platform designed to accelerate practical solutions that help governments better plan, finance, and respond to disasters. Conor Meenan will be leading this initiative…...
Evolving geopolitical landscape is creating new opportunities in the Middle East: Pelagos CEO
2+ day, 20+ hour ago (387+ words) 15th May 2026 - Author: Kassandra Jimenez-Sanchez - The evolving geopolitical landscape in the Middle East is opening new opportunities in the region, Dan Burrows, Pelagos Insurance Capital CEO, commented during the company's recent earnings call. For the first quarter of 2026, Pelagos Insurance Capital…...
Mercury Insurance invests in Burn Bot to advance wildfire mitigation
2+ day, 22+ hour ago (241+ words) 15th May 2026 - Author: Beth Musselwhite - Mercury Insurance, a California-based provider of auto and home insurance, has made a strategic investment in Burn Bot to advance wildfire mitigation and support more affordable and accessible insurance coverage. Burn Bot is a wildfire mitigation…...
Mphasis names Richard Miller as Global Head of Insurance Business
2+ day, 21+ hour ago (224+ words) 15th May 2026 - Author: Saumya Jain - Mphasis, an artificial intelligence (AI) led, platform-driven technology solutions provider, has appointed Richard Miller as Global Head of Insurance Business. In his new role, Miller will lead Mphasis" global insurance strategy, helping carriers modernise operations, transform…...