NFP, an Aon company, has appointed Jake Lyon as senior vice president, Risk Control Advisory leader and Darren Beard as vice president, Risk Control, Transportation in its Construction and Infrastructure (C&I) Group. Lyon and Beard will focus on developing risk management solutions for clients in the construction and infrastructure sectors.
With backing from Madison Dearborn Partners and later the Abu Dhabi Investment Authority, the firm has grown under CEO David Ross. Ardonagh has acquired assets in markets including Brazil, Spain and Italy. Last year, it purchased Australia’s PSC Insurance Group for an implied equity value of A$2.3 billion ($1.5 billion), taking the company private and…
In 2024, roof repair and replacement costs totaled nearly $31 billion, a 30% increase since 2022. Roof-related claims represented over a quarter of all residential claim value, with wind and hail as the primary drivers. These two perils accounted for more than half of residential claims and non-catastrophic wind and hail claims have risen from…
The company launched quietly in Hungary just 12 months ago and has already sold over 300,000 policies, capturing 7% of the car insurance market and turning a profit. Its next moves are bold: Ominimo plans to enter Sweden and the Netherlands soon after Poland, and aims to expand into at least ten countries in the…
[3] Meyer Shields interview, April 2, 2025. (Shields interview) [4] Arthur J. Gallagher & Co., “Arthur J. Gallagher & Co. Acquires Imbs Holdings Inc.,” last modified April 10, 2025, https://investor.ajg.com/news/news-details/2025/Arthur-J–Gallagher–Co–Acquires-Imbs-Holdings-Inc-/default.aspx.:contentReference[oaicite:1]{index=1} [5] SeekingAlpha, “Arthur J. Gallagher & Co. (AJG) Q4 2024 Earnings Call Transcript,” accessed April 10, 2025, https://seekingalpha.com/article/4753684-arthur-j-gallagher-and-co-ajg-q4-2024-earnings-call-transcript. (Q4 2024 Earnings Call Transcript) [9]…
Hippo’s response to wildfire threats Hippo said that it has been expanding partnerships with housing developers to provide homeowners’ insurance, particularly in states like California, where McCathron said it serves as the company’s primary source of new business. The insurer currently has access to about 120,000 new dwellings nationwide, with continued quarterly growth. Source link
Despite these criticisms, the CDI points to its Consumer Complaint Center where consumers can file complaints and track their status. Additionally, CDI said that the Center for Data Insights and Innovation (CDII) publishes annual reports on health care complaints made by California consumers, including those submitted to the CDI. Source link
