Financial Services

Coalition: Cyber Insurer Paid $315M in Claims in 2025, Rebuts Myths

Image
Coalition: Cyber Insurer Paid $315M in Claims in 2025, Rebuts Myths

United States – October 17, 2026 -- Coalition says policies it provided paid more than $315 million in cyber claims in 2025. The insurer is urging brokers to counter the belief that cyber insurance does not pay claims, an objection it says can stall coverage decisions.

Zero-indemnity closures reflect early intervention, Coalition argues

The National Association of Insurance Commissioners (NAIC) reported that 26% of cyber claims in 2025 closed with indemnity payments. Verizon reported a recorded pay-out on 55% of 2025 claims. Coalition says critics read claims closed without an indemnity payment as denials, when many reflect incidents contained early.

Coalition Cites 130,000 Policyholders, $1B GWP at Activate Europe

Image
Coalition Cites 130,000 Policyholders, $1B GWP at Activate Europe

London – October 17, 2026 -- Coalition reports 130,000+ global policyholders and $1 billion in global gross written premium on a proforma basis, figures it presented at the debut of Activate Europe, its largest cyber broker event outside the US.

The event drew brokers, underwriters, reinsurers, incident response firms and legal experts, according to the company.

Allianz partnership extends Coalition's enterprise reach across 20+ geographies

Coalition announced a long-term strategic partnership with Allianz in July to bring Active Cyber Insurance to the global enterprise market. Allianz supplies AA-rated capacity, global reach and infrastructure for international programs. Coalition contributes real-time risk intelligence, data-driven underwriting, active protection and specialised claims response.

DFIN to Report Q3 2026 Results Before Market Open on Oct. 29

Image
DFIN to Report Q3 2026 Results Before Market Open on Oct. 29

Chicago – October 15, 2026 -- Donnelley Financial Solutions (NYSE: DFIN) will release its third-quarter fiscal 2026 financial results before the market opens on Thursday, October 29, 2026, via a Form 8-K filing with the U.S. Securities and Exchange Commission.

DFIN schedules 9:00 a.m. Eastern call for analyst questions on Oct. 29

The company will hold a conference call and webcast at 9:00 a.m. Eastern time on the same day. Management will discuss the quarterly results, provide a general business update and respond to analyst questions.

Webcast registration opens 15 minutes before the call, replay to follow

A live webcast will be available on DFIN's investor relations website. Participants are asked to visit the site at least fifteen minutes before the start to register and download any necessary audio software.

Corgi Insurance Hires Ex-Chubb AVP Kullman to Lead North America Underwriting

Image
Corgi Insurance Hires Ex-Chubb AVP Kullman to Lead North America Underwriting

San Francisco – October 16, 2026 -- Corgi Insurance has appointed James Kullman, a commercial underwriter with nearly 15 years of experience, as Head of Underwriting, North America.

Kullman moves from Chubb's small and lower middle market unit

Kullman joins from Chubb, where he most recently served as Assistant Vice President and Pacific North Region Underwriting Manager for North American Small and Lower Middle Market. His earlier underwriting roles were at CNA Insurance, The Hartford and Liberty Mutual. There he worked across construction, middle-market accounts and property and casualty insurance.

Corgi Insurance Ranks No. 16 on LinkedIn's 2026 US Top Startups

Image
Corgi Insurance Ranks No. 16 on LinkedIn's 2026 US Top Startups

San Francisco – October 16, 2026 -- Corgi Insurance placed No. 16 among the 50 top startups in the United States and No. 6 in San Francisco on LinkedIn's 2026 Top Startups lists.

LinkedIn ranks startups on hiring and talent signals

LinkedIn's annual rankings draw on platform data, including employee growth, jobseeker interest and a company's ability to attract talent from leading companies. This year's list spans multiple industries and includes Mercor, Anthropic and Perplexity.

Corgi is building an AI-native commercial carrier

Corgi describes itself as an AI-native, full-stack commercial insurance carrier serving startups and small businesses. It applies technology and automation across the insurance lifecycle, with the aim of making coverage faster and more accessible. The company also plans to expand its offerings across industries and emerging risks.

eCheck Payments Can Cut Cash-Flow Delays for New Hampshire Firms

Image
eCheck Payments Can Cut Cash-Flow Delays for New Hampshire Firms

Manchester – October 16, 2026 -- HelloNation has published an article featuring Eric Miltner of PayPact in Manchester, New Hampshire, arguing that eCheck payments can speed collections and reduce manual work for local small businesses still relying on paper checks.

Paper checks slow cash flow and add error risk for New Hampshire businesses

Mailing, depositing and manual recordkeeping extend the payment cycle, according to the article. Contractors, medical offices, property managers and professional service firms are most exposed to delays from mail delivery, manual deposits or payment posting errors.

eCheck payments move through the ACH network, but the terms are not identical

An eCheck is the customer's payment method, drawing funds directly from a checking or savings account. ACH is the bank network that processes the transfer. The article stresses that the two terms are often used interchangeably but describe different things.

Payroll, Claims History Drive Business Insurance Premiums

Image
Payroll, Claims History Drive Business Insurance Premiums

Belleville – October 16, 2026 -- Payroll and annual revenue are the first figures insurers review when pricing business coverage, according to a HelloNation article featuring Jerry and Luke Yaekel of Yaekel & Associates Insurance Services Inc. The article states that industry classification matters, but carriers weigh many additional factors before setting premiums.

Payroll and revenue set the baseline for exposure

Payroll indicates workforce size and potential workers' compensation exposure, while revenue reflects business activity and operational scale. As both figures rise, risk may shift, which can change quotes.

CGI: Only 47% of Banks See Digitization Delivering Results

Image
CGI: Only 47% of Banks See Digitization Delivering Results

Miami – October 15, 2026 -- Fewer than half of corporate and transaction banking leaders (47%) say their digitization strategy is delivering expected results, even though 88% report that technology and digital acceleration are having a high impact on their organizations, according to CGI's 2026 Voice of Our Clients research.

CGI argues the gap stems from a lack of trusted, interoperable data rather than a lack of technology. Scanned PDFs remain digital copies of physical documents, so their contents still have to be extracted, re-entered into multiple systems and verified manually.

Repeated verification slows each hand-off in the trade chain

Banks, customs authorities and buyers each re-verify the same trade data when a shipment changes hands or a new party joins a transaction. CGI says this duplication slows processing, raises costs and creates friction across the ecosystem.

CGI: 64% of Clients Plan AI in Core Processes as Insurers Rethink Rating

Image
CGI: 64% of Clients Plan AI in Core Processes as Insurers Rethink Rating

Global – October 15, 2026 -- Some 64% of organizations surveyed in CGI's 2026 Voice of Our Clients insights intend to use AI in core business processes, versus 17% in administrative functions and 15% in IT-only applications. CGI cites the figures as it argues that insurers should treat rating as a connected pricing life cycle rather than an automation task.

Pricing cycles are shrinking from months to days or hours

CGI says traditional rate changes can take days, weeks or even months because sophisticated models require extensive analysis, validation and implementation. Insurers now need to model, test and implement changes in days or, in some cases, hours. Legacy systems force teams to move data among separate tools to test rates, which lengthens cycles.

Agentic AI Tests Insurers' Operating Models, CGI Research Finds

Image
Agentic AI Tests Insurers' Operating Models, CGI Research Finds

Global – October 15, 2026 -- Only 19% of insurance executives believe their operating model is agile enough to support digital transformation, even though 71% say digitalization is already affecting it, according to CGI's 2026 Voice of Our Clients research.

Agentic AI moves insurers from managing interactions to orchestrating outcomes

Conversational AI can explain what a policyholder should do after storm damage. An agentic system could go further: authenticate the customer, check coverage, open the claim, collect information, arrange services, initiate permitted payments and send proactive updates. A human claims professional steps in when judgment or extra support is required.