Author: completebodyneeds

Beazley, the specialty insurer, has announced the appointment of Sundeep Khera as head of Marine, effective April 21, 2026. As part of the Marine, Accident & Political (MAP) Risks team, Khera will lead the Marine, Energy, Aviation and Space teams, reporting to Tim Turner, group head of MAP Risks. Sundeep Khera A recognized leader in the London market, Khera brings 30 years’ experience in the marine sector. He joins from AXA XL, where he was global chief underwriting officer for Marine Hull & War and head of Marine and Energy UK & Lloyd’s. During his tenure, he led the development…

Insurance agency mergers & acquisitions in the first three months of 2026 were down 6% compared with the same period last year. It was the 10th consecutive quarter of deal volume below the long-term trend line but, investment banking and financial consulting firm OPTIS Partners said the trend is “probably bottoming out.” During the Q1 2026 there were 148 insurance agency deals, which was the lowest total for the time period since 2016, said OPTIS Partners’ M&A database. “The industry has ridden down a three-year slide in deal volume, which we believe is beginning to bottom out to about 650…

Premium renewal rates in the first quarter 2026 decreased for all major commercial lines compared to the fourth quarter 2025, according to the Ivans Index. “Q1 sets an important baseline for 2026, with commercial rates continuing to soften as the market adjusts to a more moderate pace of change,” said Michael Streit, president of Ivans. The renewal rate index found premium renewal rate change for all major commercial lines of business, except workers’ compensation, are up year over year. Highlights by line of business, according to the Ivans Index: Commercial Auto: Q1 2026 average premium renewal rate averaged 5.28%, a…

When you purchase through links on our site, we may earn a commission at no extra cost to you. Learn more. Take a quick look around your house. The dirty laundry on the floor. The kitchen trash can. The pack of gum left on the coffee table. To your dog, these aren’t everyday household items. They’re opportunities for snacks. And some of those “snacks” can turn into a $3,000 emergency vet bill faster than most owners expect. Why Do Dogs Eat The Strangest Things? If you’ve ever caught your dog chewing on something bizarre, you’re certainly not alone. Dogs explore…

When you purchase through links on our site, we may earn a commission at no extra cost to you. Learn more. Your dog starts limping out of nowhere. You get it checked out, and then the alarming estimate comes back — it’s in the thousands. This is when a lot of people think: “It’s okay. We’ve been saving for this.” The problem? Your account only has a few hundred dollars in it. Let’s be real — that’s the part no one talks about. The “just save $50 a month” plan sounds smart. But when you actually line it up against…

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Intact Financial Corp., the Toronto-based property-casualty insurer, announce that it has acquired Jiffy Inc., Canada’s No. 1 home maintenance app. Through this acquisition, Jiffy will have the platform and capabilities to accelerate expansion of its services across more Canadian jurisdictions while supporting Intact’s goals of engaging three out of four Canadian customers digitally. Financial details of the transaction were not disclosed. Jiffy is an app-based service that connects homeowners with local service professionals to provide various home maintenance tasks such as plumbing, exterior repairs, appliance repair, electrical work and furniture assembly. Designed with the user in mind, Jiffy focuses on…

Competition among European non-life primary insurers is increasing, despite rising claims inflation, according to S&P Global Ratings in a report on the European insurance sector. Property/casualty commercial insurers will face more pressure in 2025, said S&P, explaining that margins will likely narrow as the market continues to soften while reinsurance rates are still elevated. At the same time, however, combined ratios will remain below 100%, said S&P in its report titled “European Insurance Midyear Outlook 2025: Strong Finish Ahead.” (Combined ratios below 100 indicate underwriting profits). Claims inflation exceeded consumer price index (CPI) inflation in recent years and “will remain…