Insurance

Anzen in California Raises $16M to Scale AI Platform for Insurance Distribution

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Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

San Francisco, California-based Anzen announced a $16 million Series A funding round led by Madrona, with participation from Sandbox Industries, SNR, Andreessen Horowitz and other investors. The round brings Anzen’s total reported capital raised to $26 million. With this funding, Anzen says it will expand its Artificial intelligence-powered workflows, strengthen its carrier and AMS integration […]

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Chubb Launches AI-Powered Embedded Insurance Engine in ‘Chubb Studio’

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Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Chubb on Wednesday announced the debut of a new artificial intelligence-powered optimization engine within Chubb Studio, its global technology platform for embedded insurance distribution partnerships. The new capability uses proprietary AI to analyze data and deliver personalized insurance offerings at the point of sale. Launched at the Singapore Fintech Festival, Chubb said the solution is

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Roppestad confirmed as chair of International Group :: Insurance Day

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Rolf Thore Roppestad, chief executive, Gard

Gard chief executive, Rolf Thore Roppestad, has been elected chair of the International Group of P&I Clubs, following the influential trade association’s annual general meeting in London yesterday. The development had been expected since it was announced last July that he had secured the nomination of all 12 affiliates for the position. He succeeds his

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Philippines partners with Willis on parametric insurance for small-scale fishers :: Insurance Day

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Philippines fisher

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Macquarie Insurance Facility to Launch Multi-Line MGA Longbrook Insurance

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Macquarie Insurance Facility to Launch Multi-Line MGA Longbrook Insurance

Macquarie Insurance Facility (MIF) has announced its intention to launch Longbrook Insurance, a multi-line underwriting business, backed by highly rated carriers. Part of Macquarie Asset Management, MIF is a global insurance aggregator, which aggregates approximately $US1.8 billion of premium spend annually from participating private equity, infrastructure, energy and real estate firms. Headquartered in London, Longbrook

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Harris Appointed as Arkansas Insurance Commissioner

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Harris Appointed as Arkansas Insurance Commissioner

The Arkansas Department of Commerce announced last that Governor Sarah Huckabee Sanders has appointed Jimmy Harris as the new Arkansas Insurance Commissioner. Harris will be sworn in on Wednesday, November 5. As commissioner, Harris will lead the Arkansas Insurance Department (AID), whose primary mission is to protect consumers and ensure the financial stability of insurers.

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Onex CEO Sees Potential for More Insurance Deals After AIG Win

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Onex CEO Sees Potential for More Insurance Deals After AIG Win

Onex Corp.’s top executive says the alternative asset manager is open to making further large bets on insurance companies following its move to team up with American International Group Inc. on a major deal. Toronto-based Onex and AIG agreed last week to buy stakes in specialty insurer Convex Group Ltd., a specialty property and casualty

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What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth

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What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth

Analysts’ projections of slower growth and smaller underwriting margins ahead for personal auto insurers started to play out ever so slightly in third-quarter results of two giant auto insurers this week. Both Progressive and GEICO reported higher personal auto combined ratios in the third quarter and first nine months of 2025, when compared to the

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