Munich Re Specialty, a division of the global reinsurer Munich Re, has announced its plans to expand into the Spanish insurance market starting in 2025, targeting the primary specialty insurance sector. This move is part of Munich Re's broader strategy aimed at amplifying its footprint across
In a standout move catering specifically to renters with pets, AM Specialty Insurance Company (ASIC) and Swain & Baldwin Insurance & Risk Management have introduced the PawPro Pet Insurance Program. Initially available exclusively in Texas, this new insurance product promises a
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, u
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
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
