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How Will Zack Polanski Fare In The Burnham Era?

“Stop reading this. Go campaign in Holborn and St Pancras,” a sign declared at this year’s Green Party conference. It’s rare for political parties to tell attendees to leave their annual get-togethers. It’s even rarer for it to come from the party leader. But the banner was proudly draped across a stall set aside for…

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Wawanesa launches WSI after acquiring Everest Canada

The Wawanesa Mutual Insurance Company (Wawanesa) has launched WSI, which marks the closing of the acquisition of Everest Insurance Company of Canada (Everest Canada), a move which aims to enhance and accelerate its diversification, growth priorities, and commercial capabilities. The acquisition was initially announced in March and approved by applicable regulatory authorities in September. Wawanesa…

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Neary named CEO for Marsh’s newly combined East Region 

Marsh, a global insurance broking and risk management firm, has announced the appointment of Andrew Neary CEO of Marsh Agency’s newly combined Eastern region of the US, effective immediately. Based in Conshohocken, Pennsylvania, Neary will lead around 1,400 colleagues across the unified East and Northeast territories. The newly established East region, which has an unified…

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Industry reacts to proposed changes to US terrorism insurance backstop

Proposed changes to the federal terrorism insurance backstop could raise the program trigger to $10 million from $5 million and require insurers to absorb more terrorism-related losses, according to new commentary from AM Best. The proposed Terrorism Risk Insurance Program (TRIA) Program Reauthorization Act of 2026 would extend the current Terrorism Risk Insurance Program Reauthorization…

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deal handshake mergers and acquisitions

Bold Penguin and bolttech form global partnership to develop insurance distribution offering

Bold Penguin, an AI-enabled insurance distribution technology company specialising in commercial lines, and bolttech, a global insurtech providing technology-led insurance distribution, have entered into a global strategic partnership covering the US, Europe and Asia. The partnership will focus on developing a combined offering spanning commercial and personal lines, with the companies targeting insurance agents, insurers…

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Tokio Marine HCC – CPLG promotes Jonathan Holmes as SVP, Professional Lines

Texas-domiciled Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a member of the Tokio Marine HCC Group, has promoted Jonathan Holmes to Senior Vice President (SVP) of Professional Lines. This expands Holmes’ leadership across several of CPLG’s core professional liability businesses, which aligns with CPLG’s long-term goal of continued investment in its professional…

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Enact enters 35% quota share with panel of reinsurers

Enact Holdings, Inc., a U.S. private mortgage insurance provider, has announced that its wholly owned subsidiary, Enact Mortgage Insurance Corporation, has entered into a quota share reinsurance agreement with a panel of reinsurers as part of its diversified credit risk transfer programme. Each reinsurer on the panel is currently rated “A-” or better by S&P…

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