Despite widespread media coverage of catastrophic insurance events, only a small percentage of businesses that have to close up shop across the U.S. cite these events as their major failure. The reality is that lower-severity, high-frequency events that happen throughout the year are...
Willis Towers Watson’s $1.3 billion cash-and-stock deal to acquire private equity-owned brokerage Newfront will expand its middle-market business and specialty focus, adding “cutting-edge” technology and agentic AI capabilities, its top executive says.
The deal also reflects several industry trends, including large brokers’ desire to...
LONDON – The insurance sector faces an “invisible problem” of people retiring from the industry and taking their years of experience and knowledge with them, experts say.
To address the issue, organizations should formalize training and knowledge sharing at all levels and ensure that...
