Recent

Product Launches

Insurance Industry Unites to Launch The Spark: The World’s First Global Prevention Lab Transforming the $7 Trillion Sector from Reactive to Preventive

The insurance industry has officially launched The Spark, the world’s first Global Prevention Lab, at the Rendez-Vous de Septembre in Monte Carlo. The collaborative platform brings together leading insurers including Aon, Generali and QBE Ventures, with additional companies in advanced stages of joining.

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Funding

Thought Leadership

Acquisitions

Marsh McLennan Agency Acquires Robins Insurance

Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client solutions across the United States and Canada, has announced the acquisition of Robins Insurance, an independent insurance agency based in Nashville, Tennessee. Terms of the transaction were not disclosed.

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Brightway Insurance Acquires GlobalGreen Insurance, Creating a Leading Distribution Platform with Over $1.7 Billion in Premium

Brightway Insurance, a technology-enabled insurance distribution platform, has announced the acquisition of GlobalGreen Insurance Agency, a multi-state franchise network with approximately $270 million in annual written premium. The combined business will control more than $1.7 billion in annual written premium and have a strong nationwide presence.

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Leadership Changes

Technology

AI

Industry Trends

AI Regulation Divide Poses Growing Risks for Insurers, say Leaders

The UK and US collective decision not to sign a global AI declaration, underscores a growing division over international regulation and raises concerns about the emerging risks of unregulated AI, say insurance business leaders. Insurtech Insights gets the lowdown from Mark Kirby, Professional Services Director at Intersys Ltd. and Risto Rossar, Founder and CEO of Insly.

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