Driving innovation: Top 5 tech stories of 2024
The automotive industry focused on advancing technology and leaned on artificial intelligence and machine learning to enhance innovation and efficiency…
AnaCap’s MRH Trowe completes three additional bolt-on acquisitions
AnaCap Financial Partners has announced that its portfolio company, MRH Trowe (MRHT) – a leading owner managed commercial lines insurance broker in Germany, has successfully completed three bolt-on acquisitions in quick succession, building upon its strong momentum in building the leading German insurance broking consolidation platform.
Lucid, Rivian deliveries rise in first quarter
Lucid Motors and Rivian Automotive reported an upswing in production in the first quarter but noted the rapidly shifting tariff…
Nationwide pumps £3 million into Open Banking for Good challenge
Nationwide Building Society is injecting £3 million in funding to encourage fintech startups and academics to develop Open Banking apps that can help to improve the lives of the one in four UK households who are financially squeezed – equivalent to 12.7 million people.
Ox Security closes Series B at $60 million
The round brings the application security platform and cybersecurity company’s total funding to $94 million. Led by DTCP with participation from Swisscom, IBM, Evolution Equity and Team 8, the capital will be used to strategically grow production innovation and global footprint.
Alaska Air challenging Washington commissioner on captive fines
Alternative Risk Transfer/Captives, Aviation
Tariffs and compliance: How trade policies are reshaping auto finance
The recent imposition of 25% tariffs on imported automobiles and auto parts by the U.S. administration has introduced significant challenges…
Global Indemnity Q1’25 impacted by California wildfires, reports $4.1m net loss
Global Indemnity Group has announced its financial results for the first quarter of 2025, reporting a net loss available to common shareholders of $4.1 million, which includes $12.2 million after tax of net loss attributed to California Wildfire events in January.
Trump floats auto tariffs targeting $240 billion trade spigot
President Donald Trump’s threat to slap tariffs on imported vehicles puts a $240 billion trade route in the crosshairs, with…
Ace Insurance Brokers adds Mercer India’s Laddha as President
Ace Insurance Brokers, an Indian composite insurance broker, delivering comprehensive life and general insurance solutions to individuals, corporates, and institutions, has appointed Arvind Laddha as President.
D&O liability prices up sharply: Marsh report
Agents and Brokers, Coronavirus, D&O, Risk Management Marsh & McLennan
Toyota braces for $9.5B hit from US tariff turmoil
Toyota Motor Corp. lowered its annual guidance as it warned of a ¥1.4 trillion ($9.5 billion) hit to its bottom…
Gallagher buys risk, benefits consultant
Agents and Brokers, Mergers and Acquisitions Arthur J. Gallagher & Co.