In a move that could redefine the digital insurance landscape, Munich Re Specialty has decided to sell GJW Direct, a venerable non-commercial marine insurance specialist, to the burgeoning digital managing general agent, Ripe. This acquisition marks Ripe’s second major deal within the past year,
California has taken significant steps towards enhancing pet care and protection for pet owners with the recent signing of two substantial bills by Governor Gavin Newsom. These legislative actions, SB 1217 and SB 1233, promise to bring necessary transparency and accessibility to pet healthcare and
The excess and surplus (E&S) lines insurance market is experiencing notable trends and developments, as detailed in a recent article by Business Insurance. One of the most significant updates is Canopius US Insurance Inc.'s plan to launch excess casualty coverage by the end of the year, a clear
A-G Specialty Insurance, formerly known as A-G Administrators, has recently acquired eSportsInsurance, expanding its presence in the niche market of amateur youth and adult sports insurance. This acquisition aligns with A-G Specialty's broader strategy to enhance its portfolio and cater to specific
The insurance industry has long been marked by strategic moves and significant milestones. One such event is Monarch E&S Insurance Services’ acquisition of Professional Insurance Executives, Inc. (PIE). This article delves into the nuances and implications of this critical business decision,
The September 16, 2024 issue of Insurance Journal Magazine provides an in-depth look into pressing topics within the property/casualty insurance and excess & surplus (E&S) lines sectors, offering critical insights into evolving industry dynamics, regulatory challenges, and emerging risks. As the
