Latest Middle Market Headlines
All the headlines from our Middle Market Topic Page, ordered by recency.
Aircraft Lessor SMBC’s Proceeds From Russian Jet Insurance Settlements Hit $1.4B
May 22 2025 // Aircraft lessor SMBC Aviation Capital has booked a further $654 million in proceeds from insurance settlements over the past year related to jets stranded in Russia following Western sanctions, the Irish-headquartered...
People Moves: Zurich Gets Himes From Chubb To Lead Underwriting for US Mid Market
May 14 2025 // Bennett Himes joined Zurich North America, headquartered in Schaumburg, Illinois, as the new head of underwriting for U.S. middle market. Himes oversees the overall portfolio strategy and maintaining the underwriting...
People Moves: Zurich Hires Sullivan From CNA for US Middle Market Head of Tech; IMA Hires Crochet as National Energy Practice Leader
Apr 16 2025 // Zurich North America, headquartered in Schaumberg, Illinois, hired Jeannie Sullivan as head of technology for its U.S. middle market team. She will report to Stan Bernard, head of industry practices for U.S. middle market...
People Moves: Korte to Lead Liberty Mutual Middle Market Global Risk Solutions
Apr 3 2025 // Liberty Mutual Insurance, based in Boston, appointed Dieter Korte as president, middle market, Global Risk Solutions North America (GRS NA), reporting to GRS NA President Marc Orloff. “These companies have the same...
Chubb Combines Lower Middle Market and Digital Small Business Units
Mar 12 2025 // Global insurer Chubb announced the creation of a new division within its North America Middle Market organization, combining its Lower Middle Market and Digital Small Business divisions into a single unit. The new unit...
Business Continuity Plans Lacking Among SMBs: Nationwide Survey
Feb 25 2025 // Mid- and small-market businesses (SMBs) face a lot of the same big-picture challenges, but how they prioritize risk, spending, and solutions varies widely. According to Nationwide’s latest risk management survey,...
Weinstein Wants Mangrove to Be Big Player in Florida, Focused on Mid-Market
Feb 5 2025 // Stephen Weinstein, a Harvard-trained lawyer, has spent more than two decades with Renaissance Re as chief legal officer and executive vice president. He is now turning that experience to Mangrove Property Insurance, a...
Gallagher to Buy AssuredPartners for $13.5B to Increase Mid-Market Reach
Dec 9 2024 // Arthur J. Gallagher this morning said it has entered into an agreement to acquire AssuredPartners for $13.45 billion cash to expand its reach in the U.S. middle-market property/casualty and employee benefits...
People Moves: Zurich Names Bernard Head of Industry Practices for US Middle Market; FM Promotes Hodge to COO
Nov 15 2024 // Zurich North America, headquartered in Schaumburg, Illinois, promoted Stan Bernard to head of industry practices for U.S. Middle Market. Bernard succeeds Lynn Zeitler, who is retiring in December after 31 years with...
People Moves: Melvin Names CEO of BMS Re US; Rawal Joins AXA XL as CUO Middle Market, Canada; QBE Canada Hires Fenn as Multinational Underwriting Manager
Sep 10 2024 // Melvin Appointed President and CEO, BMS Re, US BMS Re, the specialty reinsurance arm of global broker BMS Group headquartered in New York City, appointed Brad Melvin president and chief executive officer, BMS Re, U.S.,...
People Moves: WCF Insurance Promotes Houting to SVP of Middle Market; Ushur Names Price CRO
Aug 1 2024 // WCF Insurance Promotes Houting to SVP of Middle Market WCF Insurance, headquartered in Sandy, Utah, promoted Ken Houting to senior vice president of middle market. Houting leads growth and expansion of WCF’s middle...
People Moves: AXA XL Appoints Madigan CUO for Mid-Market Environmental; Edsall Joins Tara Hill as SVP
Jul 12 2024 // AXA XL, headquartered in Stamford, Connecticut, appointed Joseph Madigan as chief underwriting officer for its North American environmental insurance business for the middle market. Madigan joined AXA XL’s...
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...
