UK based Willis Group Holdings will open a new superyacht insurance broking office at the MB92 shipyard in Barcelona, Spain in September 2012. Willis Global Marine managing director Neil Macnaughtan said that the European large yacht ...
Tags: Willis Group Holdings, superyacht insurance, risk management
Aviva has selected Guidewire PolicyCenter and ClaimCenter as its new underwriting and policy administration solution and new claims management system respectively for its core UK general insurance business. Aviva UK UK General Insurance ...
Tags: Aviva, Guidewire PolicyCenter, ClaimCenter, underwriting
Mercury Insurance Group, a US-based multi-line insurer has selected Guidewire Software's InsuranceSuite as its new underwriting, policy administration, billing and claims management platform. According to Guidewire, the solution was ...
A member of the Pan-European insurance group Achmea BV, Oranta Insurance has successfully implemented Sapiens IDIT Software Suite, which enabled the underwriter to go live its operatons. The new software platform from Sapiens ...
Tags: Oranta Insurance, Sapiens IDIT Software Suite, underwriter
PZU Insurance Group (PZU) has selected Guidewire PolicyCenter and Guidewire BillingCenter for underwriting, policy administration and billing operations. In addition to Guidewire Rating Management, PZU selected Guidewire Reinsurance ...
Tags: PZU Insurance Group, Guidewire PolicyCenter, Guidewire BillingCenter
BancorpSouth Insurance Services has selected the ProspX platform, a web-based, sales collaboration platform to streamline communication and also enhance visibility with its prospects and clients. According to the company, BancorpSouth ...
New York-based AmTrust Financial Services has signed an agreement to acquire Car Care Plan Limited (CCPH), a wholly owned subsidiary of Ally Insurance, for approximately $70m. The agreement was signed by an undisclosed wholly owned ...
Tags: AmTrust Financial Services, Car Care Plan Limited, Ally Insurance
Illinois-based insurance brokerage Arthur J. Gallagher & Co. (AJG) has completed the acquisition of Ohio-based retail insurance broker Schiff, Kreidler-Shell Insurance and Risk Services (SKS). As part of the acquisition, SKS chairman and ...
Tags: insurance brokerage, Arthur J.Gallagher, insurance broker
UTC RETAIL,a leading provider of in-store solutions,including software,hardware and professional services,announced today the results of the 2012 RIS News Software Leader Board listing UTC RETAIL as a top 20 overall software provider. In ...
Arthur J Gallagher & Co has posted a 72% increase in its second quarter of 2012 net earnings, which were $71.7m or $0.59 per share, compared to $41.7m or $0.37 per share in the prior year quarter, backed by robust performance of brokerage ...
Tags: Arthur J Gallagher, net earnings, risk-management, net income
Spectacularly showcased,interactively brought to life and artistically conceived–an exceptional industry event awaits visitors and exhibitors at the trend show during next year's Heimtextil,the international trade fair for home and ...
Aon has introduced a fully probabilistic flood catastrophe model for Thailand, aimed to assist global insurers in better understanding risk management exposures. The new model features improved key drivers for understanding flood risk in ...
Tags: global insurers, risk management, Aon, flood catastrophe model
Aon has reported that its total revenue during the first quarter of 2012 grew by 3% to $2.8bn from the prior year quarter backed by a 4% increase in organic revenue, partially offset by a 1% decrease from unfavorable foreign currency ...
Tags: Aon, net income, organic revenue, insurer
US-based global insurance brokerage and risk management services firm Arthur J Gallagher & Co has purchased 78.5% interest in Insurance Dialogue of Bournemouth (IDL), England. The amount of transitions and terms of the agreement have not ...
Tags: insurance brokerage, risk management, Arthur J Gallagher
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