Insurance Business America

Experience the future of insurance like never before! 🌟 Get ready for IBFutureFest 2025, the ultimate festival of innovation, connection, and fun. Happening at the iconic Santa Monica Pier, this is where business meets beach vibes for an unforgettable two-day event. Save the date: July 10-11, 2025—it’s going to be legendary! Learn more here: https://hubs.la/Q02ZgrK20 #IBFutureFest2025 #FutureOfInsurance #SeasideSuccess #SantaMonicaPier

Kerri Hamm from Munich Re noted the need for better understanding and coverage to protect against evolving threats. Business interruption, both physical and digital, remains a top concern for middle market decision-makers and small business owners. https://hubs.la/Q02_YgdX0

International law firm DAC Beachcroft (DACB) will enter the US market on Jan. 1 with the launch of new offices in New York City and Los Angeles. https://hubs.la/Q02_YkQ70

Global insurance brokerage and financial services firm Hub International Limited (Hub) announced its acquisition of Great Basin Insurance, Inc. The terms of the deal were not disclosed. https://hubs.la/Q02_Ypf_0

Mark Brown, global proposition lead for life financial modeling at WTW, highlights that these AI-driven performance gains provide major efficiency savings and enable CFOs, CROs, and chief actuaries to achieve faster, more accurate calculations. https://hubs.la/Q02_Yp090

As cybercriminals employ tactics like phishing, ransomware, and social engineering, experts like Patrick Costello of Evolve MGA emphasize the need for a multi-layered security strategy. With the frequency and complexity of attacks on the rise, risk managers will play a crucial role in ensuring businesses adopt comprehensive approaches to protect against these evolving dangers. https://hubs.la/Q02_YcT_0

#IBTV: In the latest episode of Insurance Business TV, experts from Jencap, Lockton, and Gallagher delve into the major events shaping the property insurance market and discuss what’s on the horizon for 2025. Don’t miss their expert insights on the evolving trends and future of the industry! https://hubs.la/Q030lxxc0

The United Services Automobile Association (USAA) has extended its sponsorship of the Army-Navy Games for another five years. https://hubs.la/Q02_QLFL0

#IBTV: As 2025 approaches, the Cyber Insurance Power Panel, presented by Cowbell, brings together top experts from Cowbell, Gallagher, Aon, and EPIC Insurance Brokers. They explore 2024's pivotal events, emerging coverage innovations, and provide strategic insights to shape the year ahead in cyber insurance. Don't miss these forward-looking discussions! https://hubs.la/Q030ljLN0 #CyberInsurance #RiskManagement #EmergingTrends #InsuranceInnovation

A recent report by the Geneva Association, Catalysing Cyber Risk Transfer to Capital Markets: Catastrophe Bonds and Beyond, has underscored the potential of financial innovations like catastrophe (cat) bonds in addressing the global cybersecurity protection gap. https://hubs.la/Q02_R54j0