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🗞️MGAA News 🗞️ A new chapter begins for the MGAA. Following ten years of outstanding leadership from Charles Manchester, we are pleased to welcome Tim Smyth as the new Chairman of the Managing General Agents’ Association (MGAA). Tim brings more than 40 years of insurance industry experience and a proven track record of building and leading successful MGA businesses. As Chairman, he will help guide the Association through its next phase of growth, supporting members, championing professionalism and developing the next generation of industry leaders. We would also like to extend our sincere thanks to Charles for his exceptional contribution over the past decade. His leadership has helped establish the MGAA as the leading voice of the MGA sector and has played a significant role in the growth and recognition of MGAs across the UK and Republic of Ireland 👏🏼👏🏼👏🏼 💻Read more: https://lnkd.in/eV5a5h2D #MGAA #MGAs #InsuranceNews #Leadership #InsuranceIndustry #PeopleMoves

Dominican Republic has placed an Insurance Development Forum-designed parametric insurance for vulnerable households in the market In a first for Latin America, the Dominican Republic’s national social protection programme “Supérate”, has contracted an IDF-designed parametric insurance solution, conceived to operate as an extension of the programme. The announcement was made today by the Tripartite Agreement Programme partners: the German Federal Ministry for Economic Cooperation and Development (BMZ), the Insurance Development Forum (IDF) and the United Nations Development Programme (UNDP) at the Hamburg Sustainability Conference (HSC). It will initially cover 3,030 climate-vulnerable households enrolled in the Supérate conditional cash transfers programme against extreme rainfall and wind risk in Santo Domingo Norte and Puerto Plata. The insurance solution was designed by an IDF consortium, which includes Guy Carpenter Mexico, AXA Climate, Blue Marble and CelsiusPro, working alongside local insurer Seguros Reservas and the Social Protection Directorate Supérate (DDSS). The work was part of the Tripartite Agreement Programme, so it was supported in-country by the UNDP. Product design was co-funded by the IDF consortium and BMZ through the InsuResilience Solutions Fund (ISF). This step demonstrates the power of public-private collaboration to strengthen financial resilience and close protection gaps. By combining innovative risk financing with existing social protection infrastructure, the pilot offers a practical model for helping vulnerable communities access support more quickly when climate shocks occur. Read the full press release here: https://lnkd.in/e2kYZ26c #ClimateRisk #FinancialResilience #InsuranceForDevelopment #ProtectionGap #ParametricInsurance #ClimateAdaptation #DisasterRiskFinance #PublicPrivatePartnership #IDF Annette Dr. Detken Ivo Menzinger Birgit Pickel Ivana Zivkovicć

Exclusive Events for Finance, Insurance, IT, Operations & Cyber Security Leaders!  Join a trusted community of senior professionals from the finance and insurance sectors, including CIOs, CISOs, heads of IT, cyber security leaders, risk & compliance managers, operations directors and technology executives at our exclusive events designed to help organisations stay ahead of evolving cyber threats, regulatory requirements and digital transformation. Our events bring together leaders from finance, banking, asset management, fintech, insurance and (re)insurance to share insights, tackle emerging challenges and build valuable industry connections. Register your interest here: https://lnkd.in/e57eBMi3

PRESS RELEASE: Nearly 75% of aviation insurance professionals rank geopolitical instability as the sector's biggest threat: IUAI survey The International Union of Aerospace Insurers (IUAI) together with the International Underwriting Association (IUA) and Swiss Re, today published the results of the IUAI Cyber and Emerging Risks Study Group (CERSG) Survey, revealing a significant shift in the aviation insurance landscape as systemic risks increasingly shape underwriting priorities and market outlook. Based on responses from 106 aviation insurance and reinsurance professionals worldwide, the IUAI Cyber and Emerging Risks Study Group 2026 Survey: From Isolated Perils to Systemic Stress, finds that geopolitical, economic and operational pressures are increasingly interconnected, creating new challenges for aviation insurers, reinsurers and operators alike. Access the full press release: https://lnkd.in/eBMb3W_H Download the survey report: https://lnkd.in/eY97WkPW #AviationInsurance #SpaceInsurance #CyberRisk #InsuranceNews Tom Hughes Florian Zierer

Catastrophic climate disasters don’t have to become a sovereign financial crisis. Countries which prepare by using the right instruments can prove it and Jamaica is a powerful example. When Hurricane Melissa struck Jamaica in late 2025, damages exceeded 40% of the country’s GDP. In many climate-vulnerable economies, a shock of that scale would have triggered years of fiscal instability, emergency borrowing and declining market confidence. But Jamaica’s story was different. In this powerful new OpEd, #IDF_ChangeAgent Ekhosuehi Iyahen, Secretary General of the Insurance Development Forum, and Pepukaye Bardouille (Pep B.) , Director of the Bridgetown Initiative and Special Advisor in the Prime Minister’s Office of Barbados, explore how Jamaica’s investment in disaster risk financing, insurance and pre-arranged financial protection helped the country respond rapidly, preserve fiscal stability and even strengthen market confidence in the aftermath of crisis. As climate shocks intensify globally, countries cannot afford to rely on reactive financing after disasters strike. Preparedness, risk analytics, insurance and pre-arranged finance must become central pillars of economic resilience and sustainable development. Jamaica’s experience shows what becomes possible when governments invest in resilience before disaster hits, protecting lives, safeguarding development gains and helping build #FutureReadyNations. Read the full OpEd here: https://lnkd.in/eWKFB82q #Insurance #Development #Resilience #ClimateRisk #DisasterRiskFinance #ProtectionGap #FinancialResilience #SustainableDevelopment #ClimateFinance

As AI adoption accelerates across the North American program business market, insurers, MGAs and TPAs face increasing pressure to demonstrate governance, auditability and operational control. VIPR Solutions's latest white paper, Artificial Intelligence in Program Business, explores how AI, regulation and data quality are converging as US program business surpasses $114 billion in direct premium written. The paper examines: • The evolving regulatory landscape for AI oversight • The operational challenges holding back AI adoption • Why data quality and governance are becoming competitive differentiators • What carriers, MGAs and TPAs should be doing over the next 12-18 months. Download the white paper here: https://lnkd.in/e_EZ4xvz #Insurance #AI #ProgramBusiness #MGA #DelegatedAuthority #Insurtech #DataGovernance #VIPRSolutions

Press Release: Pro Global expands Broker Incubation offering with launch of Pro Broker Europe GmbH Today we announce the launch of Pro Broker Europe GmbH, a dedicated European platform designed to support UK-based brokers looking to establish and scale operations across Europe. Pro Broker Europe GmbH has received Lloyd’s Europe accreditation, reinforcing the strength and regulatory credibility of the broker incubation platform and enabling brokers to access European markets with confidence. Read the full press release here: https://lnkd.in/eKam_vcH #InsuranceBroker #InsuranceNews

Today, we’re announcing a strategic agreement with portage.ai as they acquire Insurwave’s AI submission ingestion capability, associated technology assets, and specialist team. This marks an exciting next chapter for both businesses. For Insurwave, the agreement allows us to sharpen our focus on what we do best: delivering real-time underwriting intelligence, connected exposure visibility, and dynamic risk insights across specialty insurance markets. As the market becomes increasingly data-driven, we see enormous opportunity to help insurers, brokers, and insureds make faster, more informed decisions through connected asset intelligence, AI-powered insights, and continuously updated exposure visibility. We’re incredibly proud of what the team has built and look forward to continuing a close relationship with Portage AI as both businesses continue innovating across the specialty insurance market. Read more here: https://lnkd.in/eMX4UpVe #InsuranceNews #Insurance #SpecialtyInsurance #AI #Insurtech #Lloyds #RiskManagement #Underwriting #MarineInsurance #AviationInsurance