Industrial Alliance Insurance and Financial Services have inked a deal to offload by way of indemnity reinsurance and assumption reinsurance, all its US fixed annuities and accumulation riders to Security Benefit Life Insurance and ...
Tags: Industrial Alliance Insurance, Financial Services, indemnity reinsurance
Digital Insurance, an employee benefits-only agency, has acquired First Benefit Partners in Knoxville, Tennessee and will serve its clients' ongoing needs. First Benefit Partners' principal, Matt Noe will join Digital's specialized ...
Tags: Digital Insurance, benefits-only agency, clients'ongoing needs
Softlink Global has achieved the accolade of "IT & Software Company of the year" at the 4th South East CEO Conclave & Awards (Part of EXIM India's Cargo Scope 2012 International Conference and Exhibition). The ceremony took place on 13th ...
Tags: Softlink Global, IT, Software, logistics Software
The American Institute of Architects (AIA) Committee on Architecture for Education (CAE) has selected 15 educational and cultural facilities for this year’s CAE Educational Facility Design Awards. The purpose of the design awards ...
Tags: AIA, CAE educational facility design award, construction
G-Cloud programme director Denise McDonagh has slammed criticism of the CloudStore sales figures and suggested that unsupportive comments were"less accurate in their use of the data". Commentators have labelled the CloudStore's recent ...
Arthur J Gallagher & Co has acquired Sunday and Associates of Sugarland, a firm that provides employee benefits consulting and insurance brokerage services for the private and public sector marketplace in Texas, for an undisclosed amount. ...
Tags: Arthur J Gallagher, Associates of Sugarland, undisclosed amount
Figures from the Office of National Statistics (ONS) show that 7.82 million adults in the UK – 16% of the total adult population – have never used the internet. The ONS statistics for the second quarter of 2012 show a 10% ...
Tags: ONS, internet, internet research, internet research statistics
Prudential is seriously contemplating to wash its hand from its UK life annuity business as its operation in the UK is not fetching sumptuous profit. The same move has been termed as a "disaster", by its chief executive officer Tidjane ...
Tags: UK Arm, Prudential, annuity business, sumptuous profit
Automated Benefits, a provider of cloud-based claims technology for the insurance industry, has reported revenues of $4.6m for the second quarter of 2012, up 128% from $2m during the comparable period last year. Net loss for the latest ...
Tags: Automated Benefits, Robust Revenues Growth, insurance industry
Surrey County Council has issued a tender worth between£10m and£200m for a new framework for the use of all local government and public sector bodies in the South East of England. The framework will be divided into three lots ...
Tags: NHS, framework, Surrey County Council, England
The global financial services sector still faces upheaval, five years after the credit crunch decimated its ranks. But how have IT strategies changed in the years since the UK government was forced to nationalise Northern Rock? Five years ...
Tags: global financial services, IT strategies, IT infrastructure, software
BP has outsourced finance and accounting (F&A) services to Accenture in a deal that will see the energy giant standardise processes and harness analytics. Accenture will work alongside BP's in-house and captive centres. The value of ...
Crump Life Insurance Services has signed an agreement with AXA Network to offer technology and life brokerage sales support for the more than 5,000 AXA Advisors financial professionals. As per the agreement, Crump Life will provide access ...
Tags: Crump Life, technology, AXA Advisors
Dutch Financial conglomerate ING posted 17.8% fall in underlying net profit for the second quarter of 2012, which was €1.04bn, compared to €1.52bn during the same period last year. The diversified financial startup blamed ...
Tags: Financial conglomerate, ING, net profit
The Federal Reserve Board (FRB) in the US has imposed a monetary penalty of $3.2m against MetLife, claiming that the US underwriter failed to manage its subsidiary bank's mortgage loan servicing and foreclosure processing operations. The ...
Tags: FRB, MetLife, mortgage loan