Markel Group has recently announced a significant move, relocating its insurance division to City Square House in Leeds. This decision is not merely a matter of geographical change but a strategic milestone that more than doubles the company’s office space to an impressive 20,000 square feet. By
A beacon of impressive growth in the insurance sector, Inszone Insurance Services has recently ascended to the #33 spot on the Insurance Journal’s Top 100 Independent Property/Casualty Agencies list for 2024. This remarkable climb, from their initial entry at #86 in 2021, is a testament to the
In the second quarter of 2024, the U.S. commercial insurance market witnessed a marked deceleration in premium increases, representing a major shift in market dynamics largely propelled by the Council of Insurance Agents & Brokers' (CIAB) Commercial Property/Casualty Market Index for Q2/2024. This
In a rapidly evolving cyber landscape, businesses are shifting their approach from relying on insurance payouts to handling ransomware attacks internally. This change has led to a notable decrease in cyber insurance claims, even as more companies invest in such policies. The trend highlights an
The Financial Conduct Authority (FCA) recently launched a comprehensive review focused on refining financial services regulations, with a primary emphasis on optimizing commercial insurance regulation in the UK. This review could significantly impact the industry by lowering regulatory expenses and
In recent months, Aviva, a leading insurance company, has been under scrutiny for raising its insurance premiums, prompting accusations of profiteering. This development has sparked a heated debate about whether these hikes are justified, especially given the economic backdrop post-COVID-19. Let's
