Thompson & Smith Insurance has become the 17th franchise partner of Pennsylvania-based property and casualty insurance brokers Keystone Insurers Group, in the state of Tennessee. Thompson & Smith Insurance owner Roger Smith said, "As we ...
Tags: franchise partner, casualty insurance brokers, the growth of agency
Wells Fargo Insurance has selected Bob Volkel to lead its Bay Area operations,in an effort to continue growing its presence in the region and to ensure better customer service management. With the new appointment,Wells Fargo Insurance has ...
Property and casualty insurance software solutions provider Cover-All Technologies has unveiled new policy conversion studio, to convert policies from legacy systems to Cover-All Policy on renewal. Cover-All president Manish Shah said, ...
Tags: property insurance, casualty insurance, legacy system, insurance service
US based American International Group (AIG) has entered into a non-binding term sheet with Chinese state-owned insurer PICC Group to set up a proposed joint venture insurance agency company that will sell life insurance and other insurance ...
Tags: AIG, PICC, insurance products
Fairfax Financial Holdings has completed sale of its stake in Florida-based insurance firm Cunningham Lindsey for proceeds of nearly $270m. The acquisition follows an agreement signed between Luxembourg-based CVC Capital Partners and ...
Tags: Fairfax Financial Holdings, Cunningham Lindsey, insurance, stake
Kofax Communication Server has been selected by an unidentified US insurer, to increase its property and casualty claims and related documents processing as well as reduce costs and improve customer service. The technology will help the ...
International insurance brokerage Arthur J Gallagher & Co has purchased Michigan based Charter Lakes Marine Insurance Agency, in a bid to boost its marine insurance operations in the region. Terms and conditions of the deal have not been ...
Tags: Charter Lakes Marine Insurance Agency, marine insurance, insurance, deal
White Mountains Solutions Holding Company has signed a definitive agreement for acquisition of a runoff subsidiary of US insurer, American International Group (AIG). As part of the agreement, White Mountains will acquire American Fuji ...
Brown&Brown's Washington and Kentucky subsidiaries have acquired assets of Edgren Hecker&Lemmon Insurance(EHL);as well as RV America Insurance Marketing,and Let's Talk Insurance(collectively known as RV America),respectively. Commenting ...
Tags: Brown&Brown, EHL, RV America, insurance agency
Insurance brokerage and risk management firm Marsh & McLennan Agency (MMA) has acquired Brower Insurance Agency, an independent firm in Ohio, for an undisclosed sum. Following the transaction, the acquired enterprise will act as MMA's ...
Tags: insurance brokerage, risk management firm, independent firm
Brown & Brown of Florida has purchased certain assets of Behnke & Associates, a personal lines property and casualty insurance provider, for an undisclosed sum. Under terms of the agreement, Behnke & Associates' Hollywood office will join ...
Tags: property and casualty insurance provider, various insurance
Nationwide Mutual Insurance Company has implemented BAE Systems Detica's Detica NetReveal solution for fraud detection in its Property and Casualty (P&C) business. Detica NetReveal is designed to prevent fraud at the point of policy ...
Tags: insurance, fraud detection, point of policy application
QBE North America, a subsidiary of Australia-based QBE Insurance Group, has signed a mult-year renewal agreement with Acrometis to continue use of its CLAIMExpert workers' compensation managed care platform. The platform will be used to ...
Tags: QBE North America, Acrometis, managed care platform, CLAIMExpert
Property and casualty insurer ACE has inked a definitive agreement to purchase Fianzas Monterrey in Mexico from New York Life Insurance Company for nearly $285m in cash. Commenting on the deal, ACE chairman & chief executive officer Evan ...
Tags: property insurer, casualty insurer, ACE, life insurance, health insurance
ACE USA, the US based retail operations of the ACE Group, has enhanced the coverage for buyers of its combined general liability and pollution policy form ACE PaC, developed for mid-sized clients in the chemical industry with pollution ...
Tags: ACE USA, insurance coverage, ACE PaC, insurance product