Myanmar's Directorate of Investment and Company Administration (DICA) has granted a regulatory approval to The ACE Group for establishment of a representative office in the country. Scheduled to be opened in Yangon, the new office will ...
Tags: ACE Group, Investment
Insurance Bureau of Canada (IBC) has promoted Amanda Dean as regional vice president for Atlantic Canada, to oversee its government relations activities and community and stakeholder outreach initiatives across the region. Dean, who ...
Multinational insurance holding company AmTrust Financial Services has purchased Mutual Insurers Holding Company (MIHC) and its subsidiary, First Nonprofit Insurance Company (FNIC). Headquartered in Chicago, Illinois, FNIC offers low ...
Tags: insurance carrier, insurance
Northdoor has signed a partnership agreement with Ropner Insurance Services, an independent Lloyd’s of London insurance broker, to introduce a new broking solution for the insurance market. To be offered as part of Northdoor's ...
Tags: Northdoor Partners, Ropner
19 out of the 30 Chinese property insurance firms suffered a loss in auto insurance business last year. The four foreign-invested property insurers on the Top 5 premium revenue gainers list in the country all incurred a loss in auto ...
Tags: Service, Auto Insurance, Insurance
Argo Pro, a member of Argo Group International Holdings, has forayed into San Francisco to address growing requirements of the professional liability insurance market in the US. The company has selected two professional lines underwriting ...
Tags: Argo Pro, Liability Insurance
Canadian group Manulife Financial and MetLife in the US are understood to be among the potential bidders to acquire a major stake in AmLife Insurance, the life insurance business of Malaysian bank AMMB Holdings. Sources familiar with the ...
Alan Gray (AGI) has signed a partnership agreement with Willis Group subsidiary, Willis North America, for provision of claim closure solutions to the insurance market. Claim closure services jointly offered by AGI and Willis' Claim ...
General insurance provider AXA has agreed to acquire 50% shareholding in Chinese property & casualty insurer Tian Ping Auto Insurance Company (Tian Ping), for a total consideration of €485m. As part of Ambition AXA strategy, the deal ...
Tags: insurance provider, insurance
Xchanging's insurance software business, Xuber has officially made its debut in the US market with new commercial property and casualty (P&C) insurance software. The relaunch complements the company's efforts to brings its product ...
Tokyo-based diversified conglomerate Itochu Corporation has entered into an agreement with Asahi Mutual Life Insurance to jointly set up a marketing company that will engage in market development, development of sales channels, and sales ...
GlobalOptions has inked a definitive license and share option agreement to acquire all of the assets of Centricity, an Australia-based company specializing in conducting travel claims investigations worldwide. Centricity International ...
Tags: insurance carriers, self-insured corporations, insurance
Open GI has appointed Nick Yost as the new head of Insurer Relations team, and will be responsible for driving strategy and growth opportunities from both existing and new Open GI insurer partners. Prior to joining Open GI, Yost served ...
Tags: insurer relations, insurer, GI insurer
Poland-based Warta Insurance and Reinsurance Company has selected Guidewire Software’s Guidewire ClaimCenter as its new claims management system, to achieve their strategic business and customer service objectives. Warta will use ...
Tags: Warta Insurance, Reinsurance, claims service
Open GI has promoted Tavis Childs from insurer relations executive to insurer relations manager. Childs, in his new role, will be responsible for maintaining relationships with insurer customers and is expected to work closely to secure ...