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11.03.26 - 14:48
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AI Disruption Fears Overdone, Says Barclays — Upgrades Arthur J. Gallagher and Willis Towers Watson (24/7 Wall St.)
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Barclays is pushing back against the narrative that artificial intelligence poses an existential threat to insurance brokers, upgrading two of the sector's largest names while trimming its price target on a third. The bank upgraded Arthur J. Gallagher & Co. (NYSE:AJG) to Overweight from Underweight and Willis Towers Watson PLC (NASDAQ:WTW) to Equal Weight from ... AI Disruption Fears Overdone, Says Barclays — Upgrades Arthur J. Gallagher and Willis Towers Watson
The post AI Disruption Fears Overdone, Says Barclays — Upgrades Arthur J. Gallagher and Willis Towers Watson appeared first on 24/7 Wall St.....
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26.02.26 - 14:06
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Arthur J. Gallagher & Co. Buys Krose GmbH & Co KG (AFX)
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WASHINGTON (dpa-AFX) - Arthur J. Gallagher & Co. (AJG), an insurance brokerage company, Thursday announced that it has acquired Krose GmbH & Co KG, a German based commercial insurance and reinsura......
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26.02.26 - 12:33
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Arthur J. Gallagher & Co. Acquires Krose GmbH & Co KG (PR Newswire)
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ROLLING MEADOWS, Ill., Feb. 26, 2026 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Bremen, Germany-based Krose GmbH & Co KG ("Krose"). Terms of the transaction were not disclosed. Founded in 1920, Krose provides commercial insurance and reinsurance solutions......
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10.02.26 - 18:45
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Insurance Brokers Extend Monday′s Plunge On Fears AI Is Coming For Them Next (ZeroHedge)
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Insurance Brokers Extend Monday's Plunge On Fears AI Is Coming For Them Next
The rolling AI disruption wave, which most recently crushed the software sector, slammed insurance brokers on Monday with losses extending on Tuesday, as most names in the space slumped following reports from Reinsurance News and others that OpenAI approved the first AI insurance app on ChatGPT, built by Spanish digital insurer Tuio.
The insurance brokerage space dived 9% on average on Monday in reaction to the news: among the worst performers were Willis Towers Watson which experienced the steepest decline, its shares falling 13%. Arthur J. Gallagher dropped 9.4%, while Aon shed 8.5%. Ryan Specialty and Brown & Brown fell 8% and 7% respectively, with Marsh & McLennan also down 7%. Insurer AIG saw a more modest decline of 2%.
The market reaction came after OpenAI announced that Tuio's app, powered by WaniWani's AI distribution infrastructure, allows ChatGPT users to receive personalized home insurance quotes direct...
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