Segal Select Insurance Services has completed acquiring Broker of Record rights to certain bonds of fiduciary liability and fidelity bond business from A&R Associates. Segal Select chief operating officer Brian Smith said that the ...
UK-based mutual life and pensions company Royal London has announced that 95% of its members have approved the acquisition of Co-operative Insurance Society (CIS), the life insurance business of the Co-operative Banking Group. Members ...
Bermuda-based Enstar Group (ESGR) has signed definitive agreements with Arden Holdings to acquire Atrium Underwriting Group and Arden Reinsurance Company for approximately $183m and $79.6m respectively. Enstar CEO Dominic Silvester said, ...
Tags: Enstar, Arden Reinsurance
Global service provider MphasiS has introduced a new technology, Insurance Sales Modernization (ISM), to allow life insurance and annuity sales executives to process new insurance applications electronically, using their natural ...
The UK’s Financial Conduct Authority (FCA) has fined £6,031,200 against investment company Sesame for providing unsubstantial investment advices to clients and poor management of systems and controls to check its appointed ...
Tags: Investment Advising, FCA
American National Insurance Company (ANAT) has launched ANICO Strategy Indexed Annuity PLUS (ASIA PLUS) 7 and 10, an annuity product with multiple interest crediting strategies. Designed to provide multiple features to assist clients in ...
Tags: Insurance, Indexed Annuity Product
Italy-based underwriter Generali Group has entered into an agreement to dispose of its US life reinsurance business to SCOR, in a deal valued at nearly $920m in a grouping of cash and collateral. Under the terms of the transaction, nearly ...
Tags: Generali, Life Reinsurance
CastleLine has signed a strategic agreement with Arthur J. Gallagher Risk Management Services to offer a suite of innovative products and services to mortgage industry customers. As part of the agreement, the companies will leverage their ...
Hub International Mountain States, a subsidiary of insurance brokerage firm Hub International, has completed acquisition of the assets of Beartooth Insurance for an undisclosed sum. Located in Montana, Canada, Beartooth Insurance is a ...
Brotherhood Mutual, insurer of churches and related ministries, has selected Thunderhead.com's customer experience management solution to enhance customer experience. Replacing legacy policy print solution, the modern, flexible, ...
Tags: Customer Experience, Service
Oliver Wyman, the global management consultancy, has launched a new actuarial practice office in Nashville, Tennessee, US, marking the 15th actuarial office in North America, aimed to better serve growing client base needs in the ...
Tags: Actuarial Office, Oliver Wyman
The redevelopment project of LangPrabang International Airport, for which China Camc Engineering acted as a general contractor, held the completion ceremony on June 1. The redevelopment project, commencing in April 2010, is the first ...
Tags: Airport, Transportation
Travel and specialty insurance provider Allianz Global Assistance has signed an agreement to offer its products to global travel search company Kayak users who book flights and rental cars. Under the terms of the accord, travelers booking ...
USA Business Insurance has launched an insurance coverage for auto repair and mechanic shop owners, with an aim to offer them protection for both garage liability and garage keepers insurance, at an affordable price. Tailored to cover all ...
Tags: USA, garage keepers, Service
Travelers has enhanced its Public Entity Management Liability (PEML) policy to offer limited special expenses coverage reimbursement for finding a replacement for a key public sector employee in case of death or disability leading to ...
Tags: Travelers, Service, Public Entity