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2 days ago | 
insurancebusinessmag.com | Josh Recamara
Technology By May 14, 2025 Share CSIO has launched a Standards Certification Rating Program to recognize the achievements of insurers and BMS vendors in adopting CSIO Data Standards. The Standards Certification Ratings reflect an organization’s commitment to comprehensive Data Standards that meet business needs, the CSIO said.
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2 days ago | 
insurancebusinessmag.com | Josh Recamara
Mergers & Acquisitions By May 14, 2025 Share Lloyd Sadd Insurance Brokers, a founding Navacord Broker Partner, has announced its partnership with Atrix Insurance, effective April 1. Financial terms of the partnership were not disclosed. The merger is expected to be effective November 1, 2025. This collaboration is seen as a significant step for both firms as they look to enhance their presence in the insurance sector and offer expanded services to their clients.
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2 days ago | 
insurancebusinessmag.com | Josh Recamara
Insurance News By May 14, 2025 Share Lloyd Sadd Insurance Brokers, a founding Navacord Broker Partner, has announced its partnership with Atrix Insurance, effective April 1. Financial terms of the partnership were not disclosed. The merger is expected to be effective November 1, 2025. This collaboration is seen as a significant step for both firms as they look to enhance their presence in the insurance sector and offer expanded services to their clients.
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2 days ago | 
insurancebusinessmag.com | Josh Recamara
Insurance News By May 14, 2025 Share Ontario’s financial services regulator, FSRA, has issued an order denying the renewal of the life and accident and sickness insurance agent license held by Hong Wei Liao. The regulator said Liao was not fit to hold a licence as an insurance agent, after finding that she had provided false information in her licence application.
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2 days ago | 
insurancebusinessmag.com | Josh Recamara
Insurance News By May 14, 2025 Share Desjardins Group reported a decline in surplus earnings before member dividends for the first quarter of 2025, with a significant drop in its Property and Casualty Insurance segment. Surplus earnings for the quarter amounted to $738 million, down $117 million compared to the same period in 2024.
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2 days ago | 
insurancebusinessmag.com | Josh Recamara
Insurance News By May 14, 2025 Share King Risk Partners has acquired Spencer Financial, an independent insurance agency based in Tampa, Florida. The transaction, whose terms were not disclosed, expands King Risk Partners’ operations in Northwest Florida. Spencer Financial has provided personal and commercial insurance products across Florida for more than 25 years. The agency works with a range of carriers and serves clients through its local market focus.
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2 days ago | 
insurancebusinessmag.com | Josh Recamara
Insurance News By May 14, 2025 Share Starwind Specialty Insurance Services, which is part of CRC Group, has introduced four insurance programs aimed at addressing specific industry risks. The new offerings – Starwind Environmental, Starwing PVT (Political Violence & Terrorism), Starwind Equipment, and Starwind Cannabis — are intended to support retail brokers with specialized coverage options for their clients.
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2 days ago | 
insurancebusinessmag.com | Josh Recamara
Insurance News By May 14, 2025 Share Several key players in the insurance and risk management sector have recently announced changes in their leadership teams. These appointments are expected to strengthen underwriting, sales, and strategic operations as these firms continue to evolve and expand in the market.
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2 days ago | 
insurancebusinessmag.com | Josh Recamara
Insurance News By May 14, 2025 Share Athene Holding Ltd. reported record inflows in the first quarter, totaling $26 billion in gross new business, with an additional $10 billion in organic inflows recorded in April. The results reflect a strategic decision by the company to increase volumes during a period of market volatility. “While other market participants continued business as usual, we took a different path,” said Jim Belardi, co-founder and CEO, during a recent investor call.
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2 days ago | 
insurancebusinessmag.com | Josh Recamara
Insurance News By May 14, 2025 Share The Financial Conduct Authority (FCA) has published a consultation outlining plans to simplify its insurance rulebook by removing what it considers “ineffective, outdated or duplicated regulation.” The proposed changes aim to reduce costs for insurers and improve access for both businesses and consumers, while maintaining protections for smaller commercial clients.
