Acrisure Cuts 2,250 Jobs as AI Automation Reshapes the Broker Workforce
Acrisure AI job cuts hit 2,250 employees in May 2026 — 11% of the global workforce — as CEO Greg Williams cites AI and…
Line of Business
Commercial
Aon Names New EMEA Co-CEOs as Page and Kielty Step Down After the NFP Integration Era
Aon EMEA leadership rotates on June 1, 2026: Buechter and Kus take over from Page and Kielty as new co-CEOs, with Q1 revenue of…
Willis and Global Parametrics Deliver Vietnam Coffee Parametric Payout, Signalling APAC Agricultural Risk Has Gone Mainstream
Parametric insurance Vietnam coffee milestone: Willis and Global Parametrics confirm two payouts to Central Highlands farmers — one on drought, one on Typhoon Kalmaegi…
WTW Sues Howden Again as Mega-Yacht Team Lift-Out Tests UK Restrictive Covenants
WTW returns to court against Howden over a five-person mega-yacht team lift-out as five global brokers test US covenants and the UK weighs a…
Markel and WTW Launch Nuclear Insurance Facility as 70-Reactor Build-Out Strains Specialist Capacity
Markel Insurance and Willis Towers Watson launched a dedicated nuclear insurance facility in May 2026, responding to a capacity crisis as 70 reactors under…
Iran Launches Bitcoin-Backed Maritime Cover to Bypass Western Sanctions in Hormuz
Iran maritime insurance platform Hormuz Safe offers bitcoin-settled tanker coverage in Hormuz, bypassing SWIFT and OFAC after war-risk premiums spiked 40x.
AXA XL’s New Prevention Unit Makes Risk Mitigation a Standalone P&L Center
AXA XL created a dedicated Prevention Services unit on May 13, 2026 — its fifth P&L center — appointing former Global CUO Libby Benet…
S&P Cuts Acrisure Holdings Outlook to Negative as Integration Disputes Signal Execution Risk in Broker Roll-Ups
S&P Global Ratings cut Acrisure Holdings' outlook to Negative in Q1 2026, citing integration pressures and an emerging litigation cluster. The signal tests the…
Aon Deploys Claims Copilot Across 50 Countries as Broker Competition Moves Into Claims Workflows
Aon Claims Copilot global rollout covers 50+ countries and 1,800 claims professionals, marking brokers' move into AI-driven claims workflow ownership.
Howden Acquires Cybeta IP to Build Proprietary Cyber Underwriting Engine
Howden acquires Cybeta cyber analytics IP — including DoD-pedigree tools for attack probability, breach impact modelling and real-time monitoring — in a deal that…