Cat-Exposed Property to See the Biggest Rate Gains in 2024: WTW

Premium increases continued at 6%

Catastrophe exposed commercial property insurance renewals are expected to see some of the biggest rate gains in 2024, as pressure continues and a challenged reinsurance market drives buyers towards alternative solutions, to offset rising rates.

More Buyers Look to Captives Amid Challenging Property Market

Captive growth 2023 in Tennessee

At midyear 2023, the insurance market is essentially split into two different markets, with many property insurance buyers facing the most challenging market in 20 years, while the casualty and liability insurance market was less challenging, according to Arthur J. Gallagher & Co.

Artex Announces Senior Leadership Appointments

Artex Risk Solutions is pleased to announce a number of key appointments within its International Division. Scott Cobon has been promoted to managing Director, Bermuda with responsibility for the continued success and development of this growing office, which handles a diverse range of insurance management products, including captives, insurance linked securities (ILS) and commercial structures.… Continue reading Artex Announces Senior Leadership Appointments

More Captives Profiting from Third-Party Risks in Digital Era: Marsh Report

The number of captive insurance companies writing third-party business is growing at double-digit pace as the digital era expands the ways that organizations deliver insurance solutions, according to a new report published today by Marsh, the world’s leading insurance broker and risk adviser. Technology advances, including mobile applications, are making it easier for organizations to… Continue reading More Captives Profiting from Third-Party Risks in Digital Era: Marsh Report

Energi Hosts the 2018 Evolve Conference

Energi hosted insurance brokers and agents as well as eCaptiv Members and Prospect Members at the Evolve Conference in Orlando, Florida. A special Board of Directors and Member Meeting was held for the eCaptiv large energy captive program at the Conference. “Energi launched the eCaptiv programs to combat the current trends that we are seeing… Continue reading Energi Hosts the 2018 Evolve Conference

Tangram Insurance Services Featured in ‘Top Insurance Workplaces’ Report

Tangram Insurance Services, Inc. (“Tangram”), a Managing General Agency, announced today that it has been named an Insurance Business America Top Insurance Workplace in 2018. Employees from organizations large and small across the industry shared what they love and dislike about their workplaces – everything from benefits and resources to management and leadership. From the… Continue reading Tangram Insurance Services Featured in ‘Top Insurance Workplaces’ Report