Insurable Interest Canadian Insurance Blog

San Francisco, CA (Aug. 26, 2026) – RockRose Risk, the insurance brokerage giving U.S. property owners discounts for wildfire mitigation, is pleased to announce it has raised a $12.5 million Series A co-led by Crosslink Capital and Congruent Ventures, with participation from Nuveen Real Estate, one of the world’s largest investment managers with more than $136B in commercial real estate holdings. With the investment, the company is also evolving into a vertically integrated risk manager, combining autonomous property analysis, mitigation services, and insurance into a single platform that helps property owners reduce both wildfire risk and insurance costs. As part of that strategy, RockRose Risk plans to acquire complementary businesses, including tree trimming and roofing companies, so property owners can work with a single partner to assess wildfire risk, complete mitigation work, and secure insurance. By bringing those services together, the company is developing a first-of-its-kind model for insurance, while lowering the overall cost of protecting property. “We’ve proven our model works,” said Andrew Engler, co-founder and CEO of RockRose Risk. “By combining on-the-ground property assessments, mitigation expertise, and proprietary technology, we’ve driven fundamentally better insurance outcomes. Our next step is to get insurance to operate within holistic systems, just...

Munich Re Group will acquire At-Bay at an enterprise value of $575m At-Bay will be overseen by Hartford Steam Boiler (HSB), part of Munich Re’s Global Specialty Insurance business At-Bay is a leading provider of integrated cyber insurance and cyber security solutions for total cyber risk protection HSB’s long-standing cyber market expertise and underwriting capabilities will support the further growth of At-Bay in the U.S. Morristown, NJ (Aug. 26, 2026) – Munich Re Group is pleased to announce that it has agreed to acquire At-Bay, Inc., a U.S.-based insurtech company that provides cyber insurance and proactive cybersecurity solutions for small and medium-sized enterprises (SME). The acquisition is a strategic move to strengthen Munich Re’s and HSB’s position as a leader in the cyber market by combining insurance with proactive risk mitigation and a state-of-the-art technology platform. It also positions the company for greater access to a cyber market that is rapidly evolving from standalone coverage—which Munich Re already provides—towards integrated, continuously managed risk mitigation platforms. The definitive agreement was concluded at an enterprise value of $575 million. The closing of the transaction is subject to customary conditions, including the required regulatory approvals, and is expected in the first quarter of 2027....

Launching with Headless Annuities as the first solution, the Novera API Hub enables organizations to build and test API-driven digital workflows boosting customer experience and operational efficiency Wayne, PA (Aug. 26, 2026) – iPipeline®, a leading global provider of comprehensive and integrated digital solutions for the life insurance and financial services industry, is pleased to announce the launch of the Novera API Hub, a developer experience that provides organizations with a simplified way to build, and test APIs workflows. Launching with Headless Annuities, the new hub on the Novera platform enables financial institutions, carriers, broker-dealers, IMOs, and wealth technology providers to embed annuity workflows directly within their existing platforms and digital processes for increased efficiency. As organizations look to modernize product lifecycles and customer experiences, they face growing pressure to deliver intuitive, branded digital journeys without adding operational complexity. iPipeline’s Novera API Hub and Headless Annuities solution help to meet that challenge. Powered by iPipeline’s AFFIRM® execution engine, Headless Annuities enables organizations to embed proven annuity processing, validation, and compliance capabilities directly into their own platforms and workflows. As part of iPipeline’s comprehensive digital strategy to spearhead a connected life, annuity, and wealth ecosystem, Novera API Hub will have additional...

Toronto, ON (Aug. 26, 2026) – As Atlantic hurricane season continues and summer severe weather brings the potential for tornadoes, thunderstorms and damaging winds across Canada, Ecclesiastical Insurance is highlighting the role brokers can play in helping clients identify windstorm vulnerabilities and strengthen property preparedness. According to the Insurance Bureau of Canada (IBC), severe weather-related insured losses exceeded $2.4 billion in 2025, making it the tenth costliest year on record. Over the past decade, annual insured losses from catastrophic weather and wildfires have nearly tripled compared with the previous decade, reinforcing the importance of proactive risk mitigation. Windstorms can cause significant damage to roofs, windows, exterior building components, trees and outdoor equipment. Hurricanes and severe thunderstorms can also bring heavy rainfall and localized flooding, creating additional exposures for organizations and their properties. “Brokers have an important opportunity to support clients by encouraging conversations about windstorm preparedness and property protection,” said Colin Robertson, Chief Experience Officer at Ecclesiastical Insurance. “Helping organizations identify vulnerabilities and take practical preventative measures can strengthen resilience and reduce their exposure when severe weather occurs.” For brokers serving educational institutions, charities, arts and cultural organizations, faith communities, associations, heritage properties, and leisure and recreation facilities, these conversations...

Parents may be more likely to have a plan but childcare and education costs limit retirement savings 54% without children feel confident in their ability to meet their savings goal for retirement, compared to 72% of Americans with kids 62% without kids do not have a written financial plan, compared to 42% of those with kids Minneapolis, MN (Aug. 25, 2026) – As Americans weigh whether to have children and the effect on their financial future, those without kids are significantly less confident about meeting their retirement goals, according to the 2026 Annual Retirement Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. Americans without children are least likely to feel confident in their ability to meet their retirement savings goal (54%), compared to Americans with kids (72%). Among parents, those with one to two children (74%) are more likely to feel confident versus those with three or more children (66%). “It may seem counterintuitive that people without kids are less financially confident and more worried about retirement,” says Kelly LaVigne, VP of consumer insights at Allianz Life. “But not having children — and the expenses that come with kids...

Duliban Insurance Brokers has combined operations with InsuranceLand Inc., a respected Personal Lines group insurance brokerage based in Mississauga This marks an important step in Duliban’s growth, expanding our expertise into group insurance while staying true to the client-first culture both our teams have always shared Niagara, ON (Aug. 17, 2026) – Duliban Insurance Brokers Limited, a division of McDougall Insurance Brokers Limited, is pleased to announce that it has combined operations with Insuranceland Inc., a property and casualty insurance brokerage based in Mississauga, Ontario. The acquisition marks another important step in Duliban’s continued growth across Ontario. It expands the brokerage’s presence in the Greater Toronto Area while bringing Insuranceland’s experience and strategic focus in group insurance into the Duliban and McDougall organization. For clients, employees, and partners of both organizations, the combination brings together experienced Ontario insurance professionals with a shared commitment to strong relationships, personalized service, and long-term growth. “This is more than an acquisition, it is an investment in our future,” said Jason Duliban, President, Duliban Insurance Brokers. “Together, we will continue to grow, innovate, and strengthen our position as a trusted advisor to our clients and communities.” Welcoming Insuranceland to the Duliban and McDougall Family Insuranceland...