The stats: Q2 2024 – Commercial combined and combined liability premiums fall for first time in three years

The smallest index movement since Q2 2021 suggests the commercial lines market is starting to become more competitive again, as Ida Axling reports. Average commercial lines premiums have continued to rise in the second quarter of 2024, but the rate of growth is showing signs of slowing down, according to the latest Commercial Broking Index … Read more

Nationwide development platform uses Red Hat technology

Nationwide Building Society is using Red Hat as part of its application development platform, which is speeding up software releases and improving availability. The UK finance giant is using Red Hat OpenShift as part of a platform to integrate business systems after the success of an initial project to collect real-time data. The project, known … Read more