Brown & Brown Inc., a prominent name in the insurance sector, recently announced a monumental acquisition of RSC Topco Inc., the parent company of Accession Risk Management Group Inc., for a staggering $9.825 billion in cash. This transaction marks one of the largest deals in the industry this year
In the rapidly shifting domain of insurance, change is driven by catastrophic events, which are escalating in frequency and severity. These major incidents push traditional risk management paradigms to their limits, necessitating a novel approach from insurance professionals. This transformation
In a landscape marked by rapid technological advancements and increasing cyber threats, Managed Service Providers (MSPs) are adapting by forming strategic partnerships that blend technology with financial assurance. The collaboration between Cork, a risk management vendor, and UKON, a cyber
In recent years, homebuyers in California have faced unprecedented challenges as escalating natural disaster risks, particularly wildfires, have driven up insurance costs dramatically. As wildfires continue to wreak havoc across vast regions, prospective homeowners are finding themselves caught off
In recent years, the notion that only coastal homeowners should concern themselves with flood insurance has become increasingly outdated. Climatic changes have led to an escalation in severe storms that can cause significant flooding miles inland, well away from traditional hurricane-prone areas.
The landscape of cyber insurance continues to evolve rapidly as organizations face an ever-increasing array of digital threats. In this dynamic environment, companies are seeking innovative solutions to mitigate risk and optimize coverage. A partnership between Cyberwrite and Markel Insurance is
