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Global firms eye Hong Kong captives to manage risk

Self-insurance could lower premiums over time and improve liquidity.A quicker licensing process and lower capital requirements for captive insurers are expected to spur multinational companies based in Hong Kong to set up their own insurance units, analysts said.This would cut or eliminate profit...

Kingsgate Insurance acquires Calvert & Johnson Insurance Services | News, Sports, Jobs

<!-- SHOW ARTICLE --> -Submitted photo Kingsgate Insurance announced its acquisition of Calvert & Johnson Insurance Services, which will be effective Monday. from left are Ryan Smith, of Kingsgate, and Josh Calvert and Mike Johnson, of Calvert and Johnson. -Submitted photo Kingsgate Insurance announced its acquisition of...

Cyber insurance trends 2025: What executives need to know

Cyber insurance is an increasingly important type of insurance for any organization requiring digital services for its operations. Cyber insurance is a risk management strategy that employs risk transfer. It shifts the financial impact of a cybersecurity incident from an affected organization to...

Willis introduces Zest Insurance, a digital platform for Australian SMEs

Willis, part of the WTW group, has introduced Zest Insurance, a new digital insurance platform built specifically for small and medium-sized enterprises (SMEs) in Australia. The launch signals a shift in how smaller businesses can access and manage their insurance needs—bringing together digital speed...

Orus Raises $29M to Expand Small Business Insurance Platform

Paris-based digital insurer Orus raised 25 million euros (about $29 million) in a Series B funding round to fuel the planned pan-European expansion of its digital platform offering tailored insurance for small- to medium-sized businesses (SMBs). Initially operating in France, Orus has begun its...

Aon Launches AI-Powered Aon Broker Copilot for Commercial Insurance

Aon plc today announced the launch of Aon Broker Copilot, a platform that uses artificial intelligence, large-language models and predictive analytics in the commercial insurance placement process. “Aon Broker Copilot equips our brokers with the tools...