Lloyd’s Names ICICI Lombard as India Local Fronting Partner
Lloyd's India play completes: ICICI Lombard fronts local policies for managing agents as FDI hits 100% — the dual-market architecture explained.
Player Type
Brokers
Marsh: Cyber Extortion Events Fell 33% in 2025 as Brokers Pivot to Claims Speed
Cyber extortion events fell 33% in 2025 per Marsh data, while ten quarters of rate declines push brokers to compete on claims payment speed.
Gallagher Survey: 94% of US Business Owners Fear Coverage Gaps as Risk Integration Accelerates
Gallagher's 2026 survey of 1,000 US business owners reveals 94% fear coverage gaps — while ISO AI exclusions and a 23-point flood protection deficit…
WTW CLIPS: US Commercial Insurance Rates Drop to 2.5% in Q1 2026
US commercial insurance rates hit 2.5% in Q1 2026 — the first sub-3% reading since the hard market began. Property fell 5.5%, cyber dropped…
Willis Re Names Jim Summers as Global Specialties CEO; Arch Elevates Felisky to UK Chair
Willis Re appoints Jim Summers as CEO Global Specialties; Arch Insurance International names Kendra Felisky as UK Chair after nine years under Storey.
Moody’s: AI and Tech Investment Will Power the Next Phase of Insurance Broker Growth
Moody's Ratings named AI and tech investment as the primary driver of the next phase of insurance broker growth as $162B in sector debt…
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…
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…
Gallagher Re Hires Former WTW Cyber Lead to Run APAC Digital Risk as Reinsurers Race for Market Intelligence
Gallagher Re cyber APAC hire: Carlos Grijalva from WTW named APAC cyber head as the $8.36B market grows 27% annually and Gallagher's RAR Index…
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…