Quindell Portfolio has expanded its partnership with the law firm Silverbeck Rymer to offer a joint outsourcing personal injury product to the UK claims market. Quindell has also signed a binding agreement to acquire Silverbeck Rymer for ...
Tags: Quindell Portfolio, Silverbeck Rymer, personal injury product, insurance
Symbility Solutions, a wholly-owned subsidiary of Automated Benefits has struck a five year deal with SSQ General Insurance Company, according to which SSQ will integrate Symbility solution into its operations. SSQauto will deploy ...
Tags: Symbility Solutions, Automated Benefits, Symbility solution
Argo Group International subsidiary Alteris has acquired John Sutak Insurance Brokers, the firm that developed first specialty insurance program for the wine industry, known as WineRe. The acquisition of WineRe program will complement ...
XL Group's Political Risk and Trade Credit (PRTC) unit has received an approval from Lloyd's to write political and trade credit risks using the Lloyd's platform. XL Group global head and PRTC chief underwriting officer Richard Maxwell ...
Tags: credit risks, Lloyd's platform, underwriter
Preferred Concepts, a New York-based insurance program administrator, has signed a definitive agreement for acquisition of the assets of Metro Insurance Services, a national program administrator. As part of the acquisition, Metro founder ...
Tags: Preferred Concepts, insurance program, Metro Insurance Services
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
ACE USA, the US based retail operations of the ACE Group, has launched its enhanced international casualty coverage, ACE ATLAS CMPSM, for industry-specific multinational commercial customers in the US. ACE said its new enhanced program is ...
Tags: ACE USA, casualty coverage, casualty product, insurance programs
Bailed out US insurer American International Group (AIG) is creating hassels to prevent attempts by US homeowners to refinance their government-backed mortgages. AIG is reluctant to automatically waive its right to pursue lenders for ...
Tags: American International Group, government-backed mortgages, underwriter
DirectAsia.com Hong Kong has successfully deployed Sapiens International's web-based direct insurance software, Sapiens IDIT Software Suite. The deployment follows implementation of IDIT software suite at DirectAsia.com Singapore in June ...
Tags: insurance software, Sapiens IDIT Software Suite, international insurance
eBaoTech Corporation and ChinaSoft International have joined hands to offer insurers eBaoTech's advanced insurance software solutions with ChinaSoft's information technology (IT) service offerings. eBaoTech has incorporated ChinaSoft in ...
Tags: insurers, insurance software, life insurance, system integration
Ebix, a supplier of on-demand software and e-commerce services to the insurance industry has acquired TriSystems, a Londoner online insurance trading hub that facilitates commercial insurance and reinsurance transactions between London ...
Tags: Ebix, TriSystems, on-demand software, e-commerce services, insurance
MNA reported that Iran has been named the new chair of the Gas Exporting Countries Forum and will host GECF summit in autumn 2013. Leaders of the world's biggest gas suppliers ended their first summit in Doha, Qatar on November 13. During ...
Tags: GECF summit, Gas Exporting Countries Forum, gas, natural gasoil
Informatica Corporation has unveiled enterprise-class XML mapping (XMap) and HParser Capabilities to assist insurance organizations to represent opportunities and challenges around ACORD insurance standards and manage big data effectively. ...
Tags: Informatica Corporation, XML mapping, HParser Capabilities, insurance
Dutch insurer ING's US unit has inked a $330m deal with Cognizant, pursuant to which Cognizant will expand the business process management contract between the two companies. According to the terms of the deal, Cognizant will hire over ...
Tags: Dutch insurer ING, Cognizant, insurance