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Cyber Risk Solutions Provide Emerging Technology Firms Insight and Risk Transfer to Manage Complex Risks San Francisco, CA (Oct. 17, 2025) – Resilience, the leading cyber risk solution company, is pleased to announce it has expanded its appetite for Technology Errors & Omissions (Tech E&O) insurance to clients with more than $25 million revenue in the US, GBP50M in the UK and EUR 25M in the EU. The agreement utilizes Resilience’s existing coverholder partnership with Lloyd’s. After launching a successful offering in 2024, Resilience now offers a broader range of clients up to $10 million in Tech E&O coverage, supporting technology companies with necessary risk transfer coverage for financial losses derived from cyber risk and professional errors, omissions, or negligence in their products or services. Not only has the technology sector continued to grow with a wave of AI investment, but virtually all companies today support a technology offering that is susceptible to risks from errors and omissions. This highlights the need for businesses to protect themselves from risk of loss from operational uptime, data integrity, confidentiality and availability, and the unintentional errors and omissions associated with its products and related services. Resilience’s cyber and tech E&O offering provides blended...
Toronto, ON (Oct. 16, 2025) – We’re bringing the Lloyd’s experience to Toronto. Instead of flying across the ocean to pitch risks at Lloyd’s, you can now step into our Box at Trinity Underwriting and meet directly with underwriters. Where: Trinity Underwriting, Toronto; When: Thursdays, by appointment; What: Bring your risks — we’ll underwrite them on the spot. This is your chance to build stronger, face-to-face broker–underwriter relationships, just like in London, but closer to home. Book your Thursday slot at https://calendly.com/trinityunderwritingbox-trinityunderwriting/30min. We’re making underwriting personal. About Lloyd’s Lloyd’s is the world’s leading insurance and reinsurance marketplace. Through the collective intelligence and risk-sharing expertise of the market’s underwriters and brokers, Lloyd’s helps to create a braver world. The Lloyd’s market provides the leadership and insight to anticipate and understand risk, and the knowledge to develop relevant, new and innovative forms of insurance for customers globally. It offers the efficiencies of shared resources and services in a marketplace that covers and shares risks from more than 200 territories, in any industry, at any scale. And it promises a trusted, enduring partnership built on the confidence that Lloyd’s protects what matters most: helping people, businesses and communities to recover in times of need....
Article 0 Comments Alphabet’s Waymo plans to launch its fully driverless ride-hailing service in London in 2026, the robotaxi firm said on Wednesday [Oct. 15], as it looks to expand its footprint to major international cities. Waymo has grown slowly but steadily over the years in the United States despite tough regulations and expensive technology. Now, it is picking up speed through partnerships with ride-hailing platforms and fleet operators at a time when Tesla is rolling out its long-promised robotaxi service in the country. Earlier this year, Waymo started collecting data in Tokyo, Japan and testing its vehicles operated by human drivers in cooperation with Japanese taxi firm Nihon Kotsu and with Go, which operates a mobile app for hailing taxi rides. In London, Waymo said it will collaborate with vehicle financing firm Moove as it prepares for the rollout, and is actively engaging with local and national regulators to secure necessary approvals. Waymo vehicles are now on the way to London, where safety drivers will start testing the vehicles before fully autonomous operations begin next year, a Waymo spokesperson said. Waymo currently serves more than 250,000 paid trips every week with about 1,500 vehicles in U.S. cities such as...
/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.
Article 0 Comments Property/casualty prices are declining, while the cost of risk continues to rise – a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh McLennan (MMC). Nevertheless, without significant changes in large loss activity as well as with the broader macro-economic environment, “we anticipate insurance and reinsurance market conditions seen so far this year will likely continue in 2026,” Doyle said during an analysts’ call to discuss MMC’s third quarter earnings. “We continue to see a competitive market characterized by slower growth from an uneven economy, stronger carrier ROEs and continued decreases in overall rates, particularly in property reinsurance and property [catastrophe] reinsurance,” he said. Indeed, Doyle noted that global property rates decreased by 8% during the third quarter, compared with a 7% decline in Q2 2025. Global commercial insurance rates during the third quarter decreased 4% – driven by property – which follows a 4% decline in Q2 2025, said John Doyle, president and CEO of Marsh McLennan, quoting Marsh’s Global Insurance Market Index—which skews toward large account business. Overall, rates were down in the U.S. by 1%; Canada by 3%; the UK, EMEA, Latin America and Asia were...
/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.
Article 0 Comments The blast that killed 16 workers at a military explosives plant in Tennessee last week likely could have been prevented with better safety measures and accountability, the National Council for Occupational Safety and Health said in a statement. “This is not an isolated event,” said Jessica Martinez, executive director of the worker-safety advocacy group, also known as National COSH. “Across the country, we see too many employers in high-risk industries cutting corners while regulators lack the staffing, funding, and authority to prevent disasters. Workers, especially in rural and marginalized communities, are treated as expendable. That must end.” The group did not say what specific measures could have been taken to prevent the Oct.10 explosion near McEwen, Tennessee. Martinez called on state and federal officials to fully investigate; to increase funding for the U.S. Occupational Safety and Health Administration; and to strengthen whistleblower protections for workers who report hazardous conditions. Investigators this week began combing through the rubble of the Accurate Energetic Systems factory, the Associated Press reported. Some of the evidence is spread over miles. “It’s almost like putting a puzzle back together,” said Matthew Belew, acting special agent in charge of the Bureau of Alcohol, Tobacco,...
Toronto, ON (Oct. 3, 2025) – QuickFacts is teaming up with Milnco Insurance Broker Solution Centre to provide brokers in Western Canada and Ontario with faster and more efficient access to a wide range of personal and commercial insurance products. By integrating Milnco’s markets into the QuickFacts platform, brokers can now search, compare, and place risks more confidently in one centralized location. An independently owned Canadian MGA and wholesaler with roots dating back to 1909, Milnco has built its reputation on underwriting expertise, service, and a strong commitment to brokers. Recognized as a 5-Star MGA by Insurance Business Magazine in 2021, Milnco continues to expand its reach. Through QuickFacts, that expertise is now even more accessible, helping brokers find the right solutions quickly while improving day-to-day efficiency. “As we continue to round out our commercial offering for our broker partners, Milnco is a great MGA to welcome to QuickFacts,” said Ken Sedgewick of QuickFacts. Milnco’s Broker Solution Centre model emphasizes a team approach, working alongside brokers to tailor coverage to client needs. By joining the QuickFacts network, Milnco’s solutions are now easier to find and place. “With a broad portfolio of coverages available, we want to ensure brokers can find...
Company Selects PremiumPay® for Best-in-Class Inbound Payments Experience Folsom, CA (Oct. 1, 2025) – One Inc, the leading payments network for the insurance industry, is pleased to announce a partnership with Equisoft, a global provider of advanced digital solutions for the financial services industry. The collaboration brings together One Inc’s PremiumPay® platform and Equisoft’s industry-leading life insurance policy administration solutions to deliver a frictionless, modern premium payment experience for insurers and their policyholders. Equisoft, trusted by more than 300 financial institutions globally, will integrate One Inc’s best- in-class solution to help their clients streamline inbound premium payments and drive cost reduction. This optimized process will reduce manual processing, support digital transformation efforts, and enhance the overall experience for all policyholders. PremiumPay will enable insurers to offer a wide range of payment options, including popular consumer platforms like Apple Pay, Google Pay, PayPal, and Venmo, as well as traditional methods. “Payment modernization is an essential part of delivering cost reduction and enabling a truly digital experience in life insurance,” said François Levasseur, Vice President, Global Alliances & Acquisitions, at Equisoft. “Joining forces with One Inc allows us to provide life insurers with a pre-built and plug-and-play premium payment solution. This out-of-the-box...
