Luz Grande Vega, Zurich International's chief sustainability officer, discusses the critical role of human skills in AI-driven digital transformation for the insurance industry. She emphasizes the need to balance technology with workforce upskilling, citing Zurich's pandemic strategy as a case study. The article highlights challenges in AI adoption, including job displacement risks and the importance of institutional knowledge preservation.

Zurich North America has appointed Eric Amadori as the Head of Management Liability – Public, effective immediately. Nora Hattauer, Head of Financial Lines, praised Amadori's extensive experience. Amadori, with over two decades of underwriting and managing financial lines products, brings significant expertise from his roles at Markel, Arch Insurance, and AIG.

Paragon Capital Management LLC reduced its position in UMB Financial Co. by 16.1% in the fourth quarter, selling 2,540 shares, resulting in holdings worth $1,497,000. UMB Financial's stock represents 0.8% of Paragon's portfolio and is its 21st largest holding. Other institutional investors also increased their positions in UMB Financial during the quarter, including Principal Financial Group Inc., Zurich Insurance Group Ltd FI, Captrust Financial Advisors, and Systematic Financial Management LP. UMB Financial's stock trading down 0.9% after opening at $102.67. The company reported $2.49 EPS for the quarter, topping estimates. UMB Financial also announced a quarterly dividend of $0.40, representing a $1.60 annualized dividend and a dividend yield of 1.56%. The stock has a market cap of $7.45 billion and a price-to-earnings ratio of 11.42. Wall Street analysts have varying ratings and target prices for UMB Financial, with a consensus rating of "Moderate Buy" and an average price target of $128.71.

Zurich UK uncovered nearly £260,000-worth of fraudulent claims daily in 2024, totaling £94.79 million. The majority of these claims were for casualty incidents, with 'slips and trips' being the most common. The insurer also detected a rise in fraudulent property and motor claims. Zurich is investing in technology to identify high-risk cases and combat the latest fraud trends.

HTF MI has released a detailed 143-page study on the Global Special Event Insurance Market, predicting it will grow from $17 billion in 2024 to $27 billion by 2032, with a CAGR of xx% over the forecast period. The market is segmented by types of insurance, applications, and geographies. Leading players include Allianz, Nationwide, Aviva, Zurich Insurance, Chubb, Hiscox, Liberty Mutual, and AXA.