Latest Middle Market Headlines
All the headlines from our Middle Market Topic Page, ordered by recency.
QBE to Non-Renew $500M of North American Mid-Market Biz
Jun 19 2024 // QBE announced that it will start shutting down the middle-market segment in North America to focus on North American businesses where it has more meaningful market position, relevance and scale. Three core businesses...
Survey: Mid-Market Leaders Peg Cyber, Economy and Regulation as Top Concerns
Jun 17 2024 // Business leaders place cybersecurity, the economy, regulatory challenges and global instability among their top concerns for the coming year, fueled by factors such as AI, climate change, nuclear verdicts and political...
Markets/Coverages: Sompo Offers Tech Insurance Cover for UK Middle Market Clients
Jun 5 2024 // Sompo announced the launch of a new technology insurance product for middle market clients in the United Kingdom. The package includes coverages comprising property, casualty, professional indemnity (PI) and cyber. Excess...
Survey: Mid-Market Leaders Peg Cyber, Economy and Regulation as Top Concerns
May 30 2024 // Business leaders place cybersecurity, the economy, regulatory challenges and global instability among their top concerns for the coming year, fueled by factors such as AI, climate change, nuclear verdicts and political...
Aon Completes $13B Acquisition of Middle-Market Broker NFP
Apr 26 2024 // Aon plc said late Thursday that it has completed its $13 billion acquisition of middle-market P/C broker NFP. The purchase price will be funded by $7 billion in cash and $6 billion of Aon stock. Closing was earlier than...
Middle-Market Companies Post Record Gains: Chubb
Apr 15 2024 // Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb. A record 77% of companies reported performance improvement in the last...
Markets/Coverages: AXA XL’s U.S. Mid-Market Insurance Business Expands GL Coverage
Apr 4 2024 // AXA XL’s U.S. Mid-Market insurance business is extending its general liability coverage for mid-sized businesses with its new XL Plus broadening endorsement, offering more than two dozen expanded protections. The XL...
Chubb: Middle Market Companies Post Record Gains
Mar 26 2024 // Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb. A record 77% of companies reported performance improvement in the last...
Aon-NFP Merger a Win-Win for Middle Market Segment, Aon Says
Dec 22 2023 // A merger between Aon and NFP will be a win-win for both brokers, creating a company that will be greater than the sum of its parts. While those weren’t the exact words used by Aon’s CEO Greg Case, they were...
Aon to Buy Middle-Market Broker NFP for $13.4 Billion
Dec 20 2023 // Aon plc this morning said it has a $13.4 billion deal in place to purchase broker NFP to expand its middle-market segment. The purchase price will be funded by $7 billion in cash and $6.4 billion of Aon stock. Closing is...
Chubb Survey of Middle-Market Brokers Finds Lack of Awareness of Flood Risk
Nov 29 2023 // Though the risk of flooding is undeniable, a survey by Chubb of brokers with middle-market commercial clients revealed just 16% of them say more than half their clients buy flood insurance. Furthermore, 65% of the more...
Summit: How Cannabis Brokers Can Get SMB Clients Better Insurance
Oct 13 2023 // Powered by InsuranceJournal.tv Big multistate operators often get the bend-over-backward treatment from all service providers, but what are insurance brokers looking to get the same treatment for their small-to-midsize...
Middle-Market Companies Report Performance Improvements
Oct 10 2023 // New data from Chubb and the National Center for the Middle Market shows nearly 75% of middle-market companies report an improvement in overall performance compared to last year — a record high statistic shared in the...
People Moves: Talkowski to Lead Nationwide Middle Market Commercial Lines Team; Showalter New Head of Client Experience at Hub Private Client
Oct 4 2023 // Nationwide has hired Kristina Talkowski from CNA to head up its middle market commercial lines business. Starting Oct. 16, she will be tasked with executing Nationwide’s long-term commercial lines insurance strategy...
SMBC Aviation Receives Cash Insurance Settlement Over Jets Stranded in Russia
Oct 3 2023 // Ireland-based aircraft lessor SMBC Aviation Capital on Monday said it had received a cash insurance settlement of $710 million for its jets previously leased to Russia’s state-owned airline Aeroflot. The lessor under...
People Moves: AXA XL Promotes Lebas to Head of Mid-Market, APAC & Europe; AgriSompo Int’l Taps EMC Re’s Smith as SVP International Operations Deputy
Sep 14 2023 // This edition of International People Moves details appointments at AXA XL and Sompo International’s AgriSompo. A summary of these new hires follows here. AXA XL Promotes Lebas to Head of Mid-Market, APAC &...
People Moves: AXA XL Insurance Names CNA’s Smith as Head of US Mid-Market Business; Miller Expands US Casualty Team With 2 Hires From Price Forbes
Jul 18 2023 // AXA XL Insurance Names CNA’s Smith as Head of US Mid-Market Business AXA XL Insurance appoints Adele Smith as head of Mid-Market Generalist in the next phase of its targeted U.S. Mid-Market insurance business...
Markets/Coverages: Zurich Launches Cyber for Middle Market
Jul 11 2023 // Zurich North America introduced a cyber insurance offering designed specifically for middle market businesses. The Zurich Cyber Insurance Policy Concierge Suite includes not only cyber Insurance coverage but also...
People Moves: MGA DUAL North America Appoints 3 Industry Veterans for Leadership Roles; AXA XL Insurance Names Duke as Head of Pricing, Mid-Market Team
May 2 2023 // MGA DUAL North America Appoints 3 Industry Veterans for Leadership Roles DUAL North America Inc., a subsidiary of Howden Group, has appointed three industry veterans to leadership and key underwriting roles through...
Markets/Coverages: Berkley Select Enhances Middle Market Lawyers Pro Liability Coverage
Apr 6 2023 // To address the growing risks faced by middle market law firms, Berkley Select said it enhanced its lawyers professional liability (LPL) offerings, adding new coverages, more flexible policy forms and expanded...
