HCC Global Financial Products (HCC Global) has introduced an international HCC branded Kidnap and Ransom (K&R) insurance product in collaboration with HCC Specialty. K&R insurance policies are scheduled to be provided to HCC Global's ...
Tags: HCC Global Financial Products, health insurance, insurance product
Cloud storage provider Dropbox has confirmed that usernames and passwords stolen from other websites were used to sign in to a small number of Dropbox accounts. "A stolen password was also used to access an employee Dropbox account ...
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
Xchanging, a London-based business process and technology service provider, has re-launched software business unit as Xuber with an aim to enhance its insurance software market. Xuber head Adrian Morgan said that the company partnered ...
Xchanging, a business process and technology service provider, has signed an extension contract to continue offering the Insurers' Market Repository (IMR) to London market. Awarded following robust negotiations, including a competitive ...
Tags: IMR, London market, extension contract
The Empire Life Insurance Company has launched a new Extended Healthcare Policy Protection Plan (EP3) plan to safeguard its group benefit customers against high cost claims. Introduced as per requirements of the Canadian Drug Insurance ...
Tags: Empire Life, Extended Healthcare Policy, EP3, CDIPC
Cegid, an international enterprise management and vertical software vendor specializing in merchandise management and point-of-sale solutions for specialty retailers - including Quiksilver, Ted Baker and Devanlay Lacoste - is launching its ...
Tags: Cegid, merchandise management, specialty retailer, etail management
Dutch insurance conglomerate ING is planning to reduce approximately 2,400 positions in insurance and banking arms over the next two years, in a bid to save €460m annually. The firm will eliminate 1,350 jobs in its insurance arm, ...
Tags: Dutch insurance, ING, insurance arm
Dutch insurer ING has inked an agreement with Pacific Century Group (PCG) to dispose of its underwriting business units in Hong Kong, Macau and Thailand for a combined consideration of $2.14bn (€1.64bn) in cash. Its insurance ...
Tags: ING, PCG, underwriting business
US based health insurer UnitedHealth has entered into an agreement with Brazil's Amil Participações, pursuant to which 90% of the 359 million outstanding common shares of the latter is likely to be purchased for approximately ...
Tags: UnitedHealth, Bueno, private health care
A Bermuda holding company American Safety Insurance (ASI) has launched an enhanced version of its Site Pollution Impairment Legal Liability (SPILL) package policy, to cover exposures from sudden and gradual releases of pollutants from ...
Tags: ASI, SPILL, Package Policy
A subsidiary of US insurance and reinsurance provider Brown & Brown has purchased certain assets of Johnson & Strachan, Inc (JSI), for an undisclosed sum. Established in 1973 and having $2.7m in annual revenues, JSI offers a number of ...
Royal Bank of Scotland (RBS) and NatWest customers are still facing technical issues as an IT failure continues to cause havoc for the banking group. Bank customers first found their RBS and NatWest services were unavailable at lunchtime ...
Tags: RBS, NatWest, technical issues, IT failure
The Post Office has launched an external review into the Horizon computer system at the centre of its legal dispute with sub-postmasters. Some sub-postmasters blame the Horizon system for what they claim are false accusations made against ...
Tags: Post Office, external review, Horizon computer system, legal dispute
The UK government has injected a second round of cash into its pound 25m Higher Apprenticeship Fund. The funding aims to develop 4,230 new Higher Apprenticeships in sectors including low-carbon engineering, space engineering, legal ...