Commercial

Will Commercial Insurance Rates Hold Steady Despite Hurricane Helene?
Insurance Will Commercial Insurance Rates Hold Steady Despite Hurricane Helene?

As commercial property and casualty (P/C) insurance stakeholders speculate about future rate stability, the financial repercussions of Hurricane Helene remain a pertinent topic of discussion. Despite the strain inflicted by recent natural disasters, industry experts are forecasting that rates will

December 3, 2024
Are UK Commercial Properties Suffering from Underinsurance Risks?
Insurance Are UK Commercial Properties Suffering from Underinsurance Risks?

The issue of underinsurance among commercial properties in the UK has become increasingly concerning, particularly amid rising costs and supply chain disruptions. Recent findings from a report by insurance broker Gallagher reveal that nearly half—46%—of UK commercial properties are underinsured, a s

September 27, 2024
Can Data-Driven Tech Transform Wholesale Insurance Broking?
Insurance Can Data-Driven Tech Transform Wholesale Insurance Broking?

In a remarkable development, arqu, a tech-focused wholesale insurance brokerage, has successfully raised $10 million in a Series A funding round. This significant round of funding was led by Crosslink Capital, with active participation from Intact Ventures, and saw support from existing investors

September 23, 2024
How Does Bikmo’s Partnership with ACT Benefit Cycling Businesses?
Insurance How Does Bikmo’s Partnership with ACT Benefit Cycling Businesses?

Cycling businesses in the UK are encountering a transformative phase, thanks to the recent partnership between Bikmo, a leading InsurTech firm, and the Association of Cycle Traders (ACT). This relationship promises to deliver tailored insurance solutions that address the unique challenges and needs

September 19, 2024
Bikmo and ACT Partner to Offer Tailored Insurance for Cycling Businesses
Insurance Bikmo and ACT Partner to Offer Tailored Insurance for Cycling Businesses

In an effort to address the unique needs of the cycling industry, Bikmo, an InsurTech company specializing in cycling insurance, has entered into a three-year partnership with the Association of Cycle Traders (ACT), the UK's largest cycle trade membership organization. This collaboration marks

August 28, 2024
Is Technology Softening the U.S. Commercial Insurance Market in 2024?
Insurance Is Technology Softening the U.S. Commercial Insurance Market in 2024?

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

August 21, 2024
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