Netherlands-based financial conglomerate ING has inked an agreement with Seoul-based private equity firm MBK Partners, to divest its South Korean insurance business, in a transaction valued at nearly KRW1.84trn (€1.24bn). Following ...
Tags: Insurance, MBK Partners
India-based private cReliance Life is looking to ink a bancassurance pact to distribute its array of insurance products and services in the country as well as offer a minority 5%stake in the company. The underwriter is seeking a suitable ...
Tags: Reliance Life
US-based Health Insurance Innovations (HII) has launched Principle Advantage, a guaranteed-issue limited benefit plan, with Companion Life Insurance to address specialty insurance markets. The affordable fixed-benefit plan, which is an ...
Tags: Insurance, insurance markets
Patent enables virtual images to be super-imposed over real-world view Google has acquired patents for wearable technology from Apple's primary assembler Hon Hai Precision Industry (Foxconn), for anticipated use in its interactive 'Google ...
VeriClaim, an operating subsidiary of T&H c, has acquired Property Claims Services (PCS) for an undisclosed amount to improve its loss adjusting presence in the south and central US. The acquisition will also expand property and casualty ...
Tags: VeriClaim
Air France-KLM will further cut tonnes from its annual aircraft carbon dioxide emissions, simply by using revolutionary new lightweight cargo nets that it is now introducing. Just one new lightweight net with Dyneema? will save Air ...
Multi-line property and casualty insurer ACE Group is offering a new comprehensive foreign package, named ACE Educators International Advantage Edge, to address risk management and insurance needs of education industry clients who travel ...
Tags: Education Industry Clients, ACE
Health insurer Geisinger Health Plan (GHP) has deployed hCentive’s exchange integration and private exchange solutions to offer single sales portal. The insurer deployed cloud-based WebInsure Exchange Manager solution to manage its ...
Tags: insurer, health plans
International Medical Group (IMG) has improved its flagship marine group medical insurance program, to help ship owners to offer their crew-members a complete coverage for eligible medical expenses. Known as International Marine Medical ...
US-based insurance brokerage company Simpson McCrady has formed a new business unit, called Capterra Risk Solutions, which provides captive insurance coverage for medical benefits and property and casualty losses. The new operation has ...
Tags: insurance, Simpson McCrady
Canada-based Sun Life Financial has forayed into the Malaysian insurance market with the launch of a new joint venture between Khazanah Nasional and CIMB Group Holdings to offer services in the country. Sun Life Malaysia Assurance and Sun ...
Tags: Sun Life, Insurance Market
UK-based Aon Risk Solutions, the global risk management business of Aon, has opened its new office at Cambourn Business Park in Cambridge. As part its domestic expansion plans, the firm has also expanded its existing offices in St Albans ...
Tags: Aon Risk
Ascent Underwriting, a trading division of insurance broker Safeonline, has launched a general liability coverage extension for small and mid-market business clients, as part of its new coverage initiatives. The new coverage, which ...
Ecommerce technology giant, LAN Services LLC, is driving the retail industry with the integration and launch of 24Seven Cart with Visual Retail Plus point of sale (POS). Product lines become unmanageable if it contains a large variety of ...
The UK's GCSE results came out this week and, on the whole, it's been positive news for the IT industry, with a 38 per cent year-on-year rise in students aged 14-16 taking the ICT exam - 73,847 exams sat this year compared to 53,197 last ...
Tags: Computer Products, Service