Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
New Insurance Policy on Limited Licensed Therapists
As mental health professionals, we spend a great deal of time talking about access to care. We discuss long waitlists, provider shortages, geographic barriers, insurance limitations, and the growing demand for behavioral health services. Yet…
Iran's ship attack tests the shipping-insurance market just as war-risk premiums had plunged
Iran's attack on a cargo ship navigating the Strait of Hormuz on Thursday was a stark reminder of how quickly conditions in Persian Gulf can deteriorate — and it came just as war-risk insurance premiums on vessels in the region had…
Top insurance brokers, No. 9: Howden Insurance Brokers
2025 brokerage revenue: $4.01B (BI estimate) Howden Insurance Brokers continued its rapid expansion over the past year, increasing revenue and strengthening its position among the world's 10 largest insurance brokerages as it pursued an ambitious…
Top insurance brokers, No. 6: Alliant Insurance Services
Alliant posted another year of double-digit revenue growth in 2025, continuing to hire staff and expand its operations. Robust growth across several sectors further helped it cement its position as the largest private-equity-backed brokerage. While…
Top insurance brokers, No. 1: Marsh
2025 brokerage revenue: $26.66B Marsh retained its long-held position as the world's largest insurance broker in 2025, increasing investments in technology, data and artificial intelligence capabilities. The brokerage delivered mid-single-digit…
Top insurance brokers, No. 10: Acrisure
Acrisure experienced a year of consolidation, modest growth and technological investment in 2025. As mid-2026 approached, it declared AI-driven layoffs and faced an outlook revision from ratings agency S&P. Acrisure CEO Greg Williams touted 5.1%…
Top insurance brokers, No. 2: Aon
2025 brokerage revenue: $16.99B Investments in producers, technology and analytics helped drive growth at Aon in 2025 despite softer insurance pricing. The brokerage achieved mid-single-digit organic growth during the year, and continued to expand…
Top insurance brokers, No. 8: Lockton
Lockton continued its strategy of focusing on organic growth rather than acquisitions in 2025. The privately held brokerage saw double-digit revenue growth across its main divisions and continued to expand overseas, its top executive said. The…
Top insurance brokers, No. 5: Brown & Brown
Family-run since its founding in 1939, Brown and Brown is breaking revenue records and absorbing its biggest-ever acquisition while fending off investor concerns about slow organic growth relative to its peers. In August, the firm completed its…
Why breakthrough GLP-1 weight loss pills may be a bad thing for employer insurance coverage
Novo Nordisk, the maker of Wegovy, introduced its GLP-1 pill for weight loss in early January, while Eli Lilly's pill, Foundayo, began shipping in April. In 2025, nearly half of all large employers covered GLP-1 medications, but costs are becoming…
Top insurance brokers, No. 7: Hub International
Hub International completed fewer acquisitions last year, but CEO Marc Cohen says the brokerage wants its growth story to increasingly focus on what happens inside the company rather than on the number of deals it closes. The brokerage completed 49…
PAC report on insurance, hospital charges must spur action, govt told
The Galen Centre for Health and Social Policy has urged the government to treat the Public Accounts Committee's (PAC) report on rising medical insurance premiums, private hospital charges, and their impact on healthcare as a “mandate for…
Commercial claims most of insured losses in Venezuela: Gallagher Re
Commercial claims will likely make up the majority of insured losses from the earthquake sequence that struck Venezuela on June 24 because insurance penetration for residential assets remains extremely low, Gallagher Re said in a report issued…
Top insurance brokers, No. 4: Willis Towers Watson
Willis Towers Watson's acquisition of Newfront marked a return to larger brokerage acquisitions and expanded its U.S. middle-market and technology capabilities as commercial insurance pricing softened from hard-market highs. The $1.3 billion deal…
Top insurance brokers, No. 3: Arthur J. Gallagher
2025 brokerage revenue: $13.17B Arthur J. Gallagher & Co. spent the past year digesting the largest acquisition in its history, but CEO J. Patrick Gallagher Jr. says the company never lost momentum. The brokerage completed its acquisition of…
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