Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Jerusalem Insurance completes Arabia Insurance merger
Jordan-based Jerusalem Insurance Company PSC has completed its merger with Arabia Insurance Jordan Ltd., Middle East Insurance Review reported. The surviving company, Jerusalem Insurance, increased its paid-up capital to 18 million Jordanian dinar…
HSBC global insurance business head Moncreiffe to leave, sources say
HSBC's global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the lender, sources said, amid a broader global overhaul and a wealth push in Asia. SCROLL TO CONTINUE WITH CONTENT The…
HSBC reshuffles insurance division after CEO's surprise departure: internal memo
HSBC, the biggest lender in Hong Kong and Europe, has launched a major reshuffle of its insurance unit, with two senior executives appointed to replace outgoing global insurance CEO Edward Moncreiffe, according to an internal company memo seen by…
Self-Insured Hospital Employee Benefit Programs: Bridging The Gap Between Cost Management And Cost Containment
Dr. Bruce D. Roffe is President and CEO of H.H.C. Group, a nationally respected healthcare cost‑containment firm he founded in 1995. Hospitals and health systems have been expanding their scope of practice to include managing employee…
The Enshittification of Private Insurance
One of the more prescient books of our still-young century was Jacob Hacker's The Great Risk Shift (2008), which explained how government and business were conspiring to eliminate various protections that in the past helped cushion the middle class…
Korea Insurance Institute's AI joint venture draws industry scrutiny
An artificial intelligence (AI) joint venture pushed by the Korea Insurance Institute has drawn criticism from insurance industry officials, with questions raised over its legality and business rationale, according to officials, Wednesday. Since Ha…
Australia sets 'world-leading' minimum pay and insurance rules for gig delivery workers
Australia's industrial umpire has approved new minimum standards requiring food and grocery delivery workers to be paid hourly rates above the national minimum wage and covered by injury insurance while on the job. SCROLL TO CONTINUE WITH CONTENT…
Business Insurance announces Women to Watch winners
Business Insurance on Wednesday named the 2026 winners of its annual Women to Watch awards program. The program, which began in 2006, recognizes women leaders for outstanding work in risk management and commercial insurance. From the start, the…
Payment delays fuel credit insurance demand
Persistent payment delays and rising default risks among businesses in the United Arab Emirates are straining liquidity and driving demand for credit insurance, according to Netherlands-headquartered Atradius NV, Taiwan News reports, citing Media…
California FAIR Plan policyholders to pay more while insurers are incentivized to re-issue policies in the state
The hundreds of thousands of homeowners who are now getting their insurance through the California FAIR (Fair Access to Insurance Requirements) Plan will soon be paying even more. The state is announcing an average increase of almost 30% for those…
Best AI Assistants for Insurance Companies (2026)
The strongest AI assistants for insurance companies in 2026 include CustomGPT.ai for source-grounded knowledge assistants, Microsoft Copilot for Microsoft-centric enterprises, Salesforce Agentforce for CRM-driven workflows, ChatGPT Enterprise for…
Fine Art Insurance Is Often Worth More for What It Prevents Than What It Pays Out
Many collectors and art professionals think of insurers as the people to call after an accident or disaster has occurred. But prevention is better than cure, as they say, and art insurance should not be all about the claim. For collectors and…
Best AI Chatbots for Insurance Customer Support (2026)
Insurance customer support is unusually well suited to AI because so many interactions begin with knowledge: What does this policy cover? Which documents are required for a claim? How does a deductible work? Where can a policyholder find a form?
Federal Council Wants to Cap Salaries of Health Insurance Executives
The Federal Council supports a cap on compensation for health insurance executives proposed by the relevant parliamentary committees. (File photo) The Federal Council intends to set maximum compensation limits for executives of health insurance…
Federal Council Wants to Cap Salaries of Top Health Insurance Executives
Top executives at health insurance companies could have capped salaries in the future. How much should top executives at health insurance companies be allowed to earn? The Federal Council supports a statutory cap on compensation for members of…
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