The insurance industry is at a crossroads. After years of hard market conditions, insurers are now navigating a softer market one where competition is fierce, customer expectations are rising, and legacy data systems are holding businesses back. The question isn’t whether to change, but how fast.
Mercury Insurance and Olympus Insurance have announced a new partnership aimed at expanding bundled auto and homeowners insurance options for customers across Florida.
Hiscox Ltd reported a strong start to 2026, with group insurance contract written premiums rising 10.2% to $1.72 billion in the first quarter, driven primarily by continued momentum in its retail division.
K2 Insurance Services has acquired Oculus Underwriters, strengthening its position in the small and mid-sized commercial property insurance market through the integration of the specialist MGA into its Vikco Insurance Services platform.
Gallagher has launched Gallagher Blueprint, a new AI-driven framework aimed at helping clients improve their risk profiles and design more cost-effective insurance programmes.
Blitzy has raised $200 million in a new funding round, reaching a valuation of $1.4 billion, with the round led by Northzone and supported by investors including Battery Ventures and PSG.
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