Lloyds Banking Group, a 40% government-owned UK lender, is mulling to divest its German insurance business Heidelberger Leben to Frankfurt-listed insurer Hannover Re, in a transaction valued at approximately €400m ($533m). As part of ...
Tags: Lloyds Banking, Insurance
Workers’ compensation insurance provider CompSource Oklahoma has deployed InsuranceSuite, including Client Data Management from Guidewire Software as its new platform for underwriting and policy administration, rating, billing, ...
Tags: insurance
Insurance services provider Jacobson, Goldfarb & Scott (JGS Insurance Agency) has launched its full-service employee benefits and human resources (HR) consulting department. Barry Fields has been named as vice president of the department. ...
Gulftainer Company Limited was established in 1976 in the Emirate of Sharjah in the United Arab Emirates. The company's primary role is to manage and operate the container terminals in Port Khalid and Khorfakkan on behalf of Sharjah Port ...
Tags: shippment, Service, Transportation
Regulatory authority Iowa Insurance Division (IID) has approved Athene Holding’s acquisition of Aviva USA and its subsidiaries, including Iowa-domiciled Aviva Life and Annuity. Athene Holding CEO Jim Belardi said that the approval ...
Prudential Insurance Company of America (PICA) and Bank Simpanan Nasional (BSN) have agreed to acquire 100% of Uni.Asia Life Assurance’s (UAL) issued and paid-up ordinary share capital, to boost their insurance operation in Malaysia. ...
Tags: Life Assurance
Benefits, insurance and wealth management services provider National Financial Partners (NFP) has purchased the Wood Insurance Group (WIG), a professional liability insurance provider, for an undisclosed sum. Following completion of the ...
Tags: Insurance Group, insurance
Insurance solutions provider ISCS has added new document management functionality in its version 3.0.6 of SurePower Innovation Policy Administration Suite (SurePower) to streamline workflows for insurers. SurePower is an enterprise suite ...
Tags: Surepower Suite, ISCS
Blackhawk Network (Canada) has launched a new travel insurance product, called SmartAssure, to offer low-cost travel insurance coverage to Canadian consumers to meet needs such as emergency medical travel coverage while traveling abroad. ...
Tags: Blackhawk Network, Insurance
Zurich Insurance Group has posted a net income after tax attributable to shareholders of $1.85bn for the first-half ended on 30 June 2013, a decline of 17% compared to $2.22bn for the same period last year. During the period, business ...
Tags: Zurich Insurance, Insurance
IDC expects that China's IT security appliance market will grow 14.7% to US$950 million in 2013; and this figure will reach US$1.56 billion by 2017, with a 2012-2017 CAGR of 13.5%. According to IDC, China's IT security appliance market ...
UnitedHealthcare has enhanced its voluntary benefits product offerings for New York employers and their employees by including accident protection and specified disease plans, which are presently available to firms with 51 or more ...
Pennsylvania-based multi-line insurance carrier Erie Insurance has deployed Symbility’s property and casualty claims workflow management software, Claims Connect, to streamline its claims estimating process. The software will assist ...
Tags: Erie Insurance
Property and casualty insurance provider American International Group (AIG) has named Kevin Hogan as new CEO of AIG Global Consumer Insurance, effective October 2013. Hogan, who earlier served the company for 24 years, will report to ...
Tags: Consumer Insurance
Apollo Global Management (Apollo) has agreed to provide a set of heightened policyholder protections as part of Athene Holding's proposed acquisition of Aviva Life and Annuity Company of New York (Aviva New York). The New York's ...
Tags: Apollo, Policyholder Protections