LexisNexis Risk Solutions has unveiled LexisNexis Insurance Exchange mobile application, an on-the-go application to provide agent and broker members with 24/7 access to significant information, helping them to clinch new business ...
Tags: LexisNexis Risk Solutions, LexisNexis Insurance, on-the-go application
Trillium Software, a business of Harte-Hanks (HHS), has introduced a new Claims Data Quality solution for property & casualty insurance claims professionals. The company said that the new solution will help insurance professionals to ...
Tags: Trillium Software, Harte-Hanks, Claims Data Quality solution
Insurance Australia Group is mulling to sell its UK underwriting operations, which include motor insurer Equity Red Star and commercial insurance broker Barnett & Barnett. As part of a strategic review of its UK business, IAG Managing ...
Tags: Insurance Australia Group, motor insurer, Equity Red Star
Insurance firm Amlin has returned to profit after a major loss suffered in 2011 due natural disasters, such as Japanese tsunami, New Zealand earthquake and flooding in Thailand that affected the company to large extent. The company saw ...
Tags: Amlin, natural disasters, pre-tax profits soar, insurer
Indonesian general insurer PT Bess Central Insurance has signed an agreement with InterGlobal to jointly introduce UltraCare, an international private medical insurance plan for expatriates and business individual. Underwritten by Bess, ...
Tags: general insurer, PT Bess Central Insurance, InterGlobal
US underwriter American Safety Insurance Holdings is gearing up to acquire Cayman-based insurer Bluestone Surety for an undisclosed sum. The insurer wholly-owned subsidiary, American Safety Holdings has inked stock purchase agreement to ...
Tags: underwriter, American Safety Insurance Holdings, Bluestone Surety
The UK Financial Services Authority (FSA) has fined Japan's Mitsui Sumitomo Insurance's European unit (MSIEu) and banned its former executive chairman, Yohichi Kumagai for serious corporate governance failings. The UK watchdog has fined ...
Tags: Financial Services Authority, Mitsui Sumitomo Insurance, watchdog
Towers Watson and Hughes Telematics have entered into a strategic alliance to cater personal line US auto insurers with comprehensive data services for usage-based insurance (UBI) programs. As per the partnership agreement, Towers ...
Tags: Towers Watson, Hughes Telematics, auto insurers, usage-based insurance
Drewberry Insurance introduced online income protection quotation platform intended to assist consumers by providing key information and pricing to make an informed decision. The new platform provides online comparison quotations from all ...
GEICO has promoted its assistant vice president Rick Hoagland as vice president of claims, who will replace Nancy Pierce, recently appointed regional vice president in GEICO's Fredericksburg, Virginia office. Nancy Pierce was recently ...
Tags: GEICO, Rick Hoagland, GEICO's Fredericksburg, executive assistant program
Thomas A Bryson, director of graduate studies for USC's chemistry and biochemistry department, filed a class-action lawsuit in Richland County on behalf of all state employees against the State Budget and Control Board for raising health ...
Tags: Thomas A Bryson, health insurance, State Budget and Control Board
Global professional services company Towers Watson is planning to acquire DaVinci Consulting, a boutique actuarial consulting firm, in an effort to enhance its capabilities in the long-term care insurance market. Financial terms of the ...
Tags: Towers Watson, DaVinci Consulting, care insurance, life insurance
Switzerland based life insurer Zurich Insurance has unveiled a wide range of comprehensive travel insurance products which the company claims to be ideal to meet the specific needs of UAE residents. The suite of policies includes four ...
Tags: life insurer, Zurich Insurance, travel insurance products, insurer
US-based Prime Health Services (Prime) has acquired Casualty Management Network (CMN), broad based PPO network. Colorado-based CMN provides workers' compensation, group health, and auto markets while the coverage and discounts are ...
Tags: Prime Health Services, Casualty Management Network, PPO network
The US Department of the Treasury has launched an underwritten public offering of $18bn of its American International Group (AIG) common stock, of which AIG is likely to purchase $5bn of the stock at the initial public offering price. The ...
Tags: Treasury, American International Group, underwriters, sale of securities