MAPFRE has joined Blue Marble as its newest owner through an investment in the company, bringing the consortium to six leading organiZations in its 10th anniversary year: Aspen, Grupo ASSA, MAPFRE, Marsh McLennan, TransRe and Zurich Insurance Group.
Pro MGA Global Solutions launched Orb Specialty, an independent managing general underwriter designed to connect capacity with high-potential managing general agents within the Pro MGA Global Solutions incubation ecosystem. Orb Specialty launched with a mission to enable carriers to have a single point streamlined route to MGA distribution and centralised oversight.
Moen collaborated with The Hanover Insurance Group, Inc., a leading provider of property and casualty insurance for individuals, families and businesses, to offer policyholders an innovative leak detection and prevention solution with the Moen Flo Smart Water Monitor and Shutoff. This collaboration allows The Hanover policyholders to access this advanced leak detection technology, empowering homeowners to help prevent water damage and conserve resources. Policyholders who install the device also may have access to special discounts on premiums and the ability to bundle their purchase with standard installation.
Brotherhood Mutual Insurance Company has launched a new brand — Brotherhood Works — to unify and expand the company’s suite of existing products and services designed to support ministry staff and volunteers. Brotherhood Works offers a comprehensive range of solutions, including payroll and HR, human capital management, time & attendance, employee benefits, workers’ compensation, accident insurance, critical illness coverage, mission travel insurance and background checks.
Davies launched Assurex Global London Limited, a bespoke specialist property and casualty wholesale brokerage. The broker, part of the Assurex Global group — an exclusive partnership of independent agents and brokers — will deliver additional services to its 100-plus partner members and independent brokers worldwide. The scale and expertise of this network will fuel the development of bespoke, innovative specialty products and programs with unique coverage features.
Applied Systems has acquired Cytora, the leading digital risk processing platform for the insurance industry, to accelerate Applied’s vision of delivering the next generation of the digital roundtrip of insurance. Bringing the power of Cytora’s AI-enabled risk digitization platform, specifically built for the insurance industry, together with Applied’s leading suite of insurance solutions for agencies, carriers and MGAs, will create intelligent automation, connectivity and collaboration at each stage of the policy life cycle.
Renaissance has released a suite of AI solutions built specifically for independent insurance agents, empowering them to save time, strengthen client relationships and accelerate revenue growth. Designed by insurance industry experts with independent agents’ workflows, challenges and goals in mind, these tools were designed to easily integrate into daily operations.
The financial fallout of ransomware attacks is climbing even as the number of cyber insurance claims falls, according to new data from Resilience. In the first half of 2025, the average cost of an individual ransomware attack rose by 17%, while the volume of incurred claims across Resilience's portfolio dropped by more than half, highlighting the persistent and destructive threat of financially motivated cybercrime.
Ivans announced the August 2025 results of the Ivans Index, the insurance industry’s premium renewal rate index. Year over year, commercial auto, BOP, general liability, commercial property and umbrella experienced increasing average premium renewal rates, while premium renewal rates decreased for workers’ compensation. Month over month, BOP, general liability, umbrella and workers’ compensation experienced increases in premium renewal rate change, while commercial auto, and commercial property saw decreases.
Aon plc has signed a definitive agreement to sell a significant majority of NFP's wealth business — Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth and related platforms — to Madison Dearborn Partners, a leading private equity investment firm based in Chicago.
Brightway Insurance has acquired GlobalGreen Insurance Agency, a multi-state franchise network of insurance agencies with approximately $270 million in annual written premium. The combined organization will have a leading presence across the United States and $1.7 billion in annual written premium.
OAK Global launched a new strategic business unit, OAK Enterprise, which will be focused on underwriting retrocession business with an appetite for property and specialty classes and will provide risk solutions to clients through Lloyd’s Syndicate 1440. The newly formed syndicate has received in principle approval to assume business starting Jan. 1, targeting approximately $75 million GWP in its first year.
Aon plc has signed a multi-year agreement to become an official partner of Scuderia Ferrari HP — the most successful team, with an unbroken presence in Formula One. This new sponsorship builds on Aon’s existing program, which includes the Ryder Cup, PGA TOUR and LPGA Tour in golf, and the Ireland women’s rugby team.
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