Commercial Insurance

Concirrus Named Among UK’s Top 50 InsurTechs 2025

October 29, 20255 min

Concirrus has been named No. 13 in BusinessCloud’s InsurTech 50, a list celebrating the UK’s most innovative insurance technology creators. The annual ranking highlights companies using technology to reshape insurance operations, products, and customer experience. The 2025 list was determined by a combination of reader votes and an expert judging panel featuring leaders from Innovate Finance, Insurtech UK, and KPMG UK. Redefining AI for Specialty Insurance Concirrus earned its place through its AI-first underwriting platform: technology built...

by BusinessWire

Insurance

Penn-America Acquires Sayata to Expand Digital Insurance

September 3, 20254 min

Global Indemnity Group, LLC, announced today that its subsidiary Penn-America Underwriters, LLC (“PAU”) has completed the acquisition of Sayata, an AI-enabled digital distribution marketplace and agency operations for commercial insurance. The acquisition complements GBLI’s recent strategic reorganization of its PAU business to focus on agency and insurance services. This acquisition will enable PAU to accelerate its roadmap by expanding distribution, product portfolio, and technology capabilities. Praveen K. Reddy, President and CEO of PAU, remarked, “The...

by PRNewswire

Insurance

MSIG USA Appoints Tony Beirne and Dale James to Key Leadership Roles

May 9, 20254 min

MSIG USA has appointed Tony Beirne as chief actuary and Dale James as chief risk officer, further strengthening the company’s leadership in analytics and enterprise risk governance. Both executives will report to Peter McKenna, chief executive officer. “These appointments reflect MSIG USA’s continued focus on deepening our analytical and governance capabilities to support our long-term strategy,” McKenna said. “Beirne brings a modern, data-driven approach to actuarial leadership that will enhance our pricing and portfolio management. Dale’s experience in risk oversight, capital markets and ESG...

by BusinessWire

Insurance

Axis Insurance Expands Its Reach with Acquisition of Fuse Insurance

February 25, 20254 min

Axis Insurance Managers Inc. (Axis Insurance) is pleased to announce the acquisition of Fuse Insurance, a Calgary-based, technology-driven commercial insurance brokerage. Founded in 2017, Fuse has built a strong reputation for managing complex risks in industries such as ecommerce, healthcare, and cannabis. This acquisition strengthens Axis Insurance’s presence in Alberta and enhances its ability to deliver advanced risk management solutions. Fuse was founded on a unique vision, combining deep insurance expertise with software development to...

by PRNewswire

Insurance

King Risk Partners acquires Pearl Insurance Agency

October 16, 20243 min

King Risk Partners, a major insurance broker in the United States, is excited to announce the acquisition of Pearl Insurance Agency, Inc, a highly successful firm located in Cranford, New Jersey. This acquisition expands King Risk Partners’ reach into the New Jersey market with a focus on commercial insurance. For over 30 years, Pearl Insurance Agency, Inc. has a built solid track record for providing specialty insurance solutions for importers, exporters, marine cargo, wholesalers, and distributors in New Jersey. The...

by GlobeNewswire

Insurance

Janover launches New Insurtech Subsidiary, Janover Insurance Group

May 3, 20245 min

Janover Inc., an AI-enabled platform for commercial real estate transactions, announced that it has officially launched Janover Insurance Group Inc. (“Janover Insurance”), its new insurtech subsidiary for commercial property insurance and more. The Company also announces it has been granted insurance licenses in Texas and Florida, with multiple applications in progress in several other states. “Our ability to navigate large complex transactions in a marketplace model, particularly in multifamily and commercial property finance, fits perfectly in the insurance...

by PRNewswire

Insurance

Foxquilt announces strategic collaboration with Markel

January 16, 20244 min

Foxquilt, North American digital MGA, will broaden distribution of their proprietary insurance products in the US through a key collaboration with Markel.

by BusinessWire

Insurance

S. Steven Salar named President of Exdion’s Insurance Operations

June 14, 20234 min

Exdion Solutions, a developer of commercial insurance policy management and data analytics software, announced that S. Steven Salar has been named the President and Head of Insurance Operations. L.S. Ram, Founder and CEO of Exdion, said, “I’m excited that Steven has joined our exceptional management team in our insurance operations. We are experiencing significant growth and he is the right person to lead our team.” With more than 30 years of experience in commercial and...

by GlobeNewswire

Insurance

LineSlip Solutions Releases New Real Estate Enhancement

March 15, 20235 min

The new offering provides risk and commercial real estate executives a one-click overview of insurance coverage based on weather-related risks

by BusinessWire

Insurance

Embroker Appoints Chris Spagnuolo as New Chief Product Officer

March 15, 20234 min

Seasoned product management expert to lead strategic product direction of innovative specialty insurance products for business verticals

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