Specialty insurer HCC Insurance Holdings has established a new ‘Construction Property Risks Division’ with an aim to boost its underwriting capability in builder's risk insurance. Francis P Tricamo, Sr has been appointed to ...
Tags: Insurance, Property Risks
US employee benefits-only agency Digital Insurance has purchased Fallick Insurance Services of Mountain View, California, with an aim to enhance employee benefits client services. The acquired enterprise will join the Los Altos/Silicon ...
GR–NEAM, a wholly-owned subsidiary of General Re, has set up a new office in London, UK, in an effort to expand its global insurance asset management capabilities. A branch of the company's Dublin subsidiary, the new office is ...
Tags: GR–NEAM, subsidiary
HM Insurance Group, a Highmark company, has developed new products to help producers in calculating and understanding the impact of Affordable Care Act (ACA) taxes and fees on self-insured groups. The new fee calculator and ...
Tags: HM Insurance, Insurance
Dallas-based diversified component and special mortgage servicer Wingspan Portfolio Advisors has completed acquisition of hazard insurance claims management company Dimont & Associates. Following completion of transaction, the Dimont & ...
Tags: Wingspan Portfolio, mortgage
Cross Insurance, an insurance brokerage and unit of Cross Financial, has launched a new division in Northeast to offer surety bonds for its clients. The new surety bond division will manage the needs of bonding and surety for a diverse ...
Tags: Cross Insurance, Service
American International Group (AIG) and People’s Insurance Company (Group) of China (PICC) and PICC Life Insurance have signed a joint venture (JV) agreement to set up an agency distribution company in China. The US insurer invested ...
Singapore-based privately held insurance broker Lockton has appointed Angel Kuan as the new development director of its Global Technology and Privacy Practice Under her new role, Kuan will primarily be responsible for the development of ...
Tags: Lockton, Development Director, Service
Hong Kong-based Dah Sing Life Assurance (DSLA) has completed implementation of eBaoTech LifeSystem suite to run its conventional and unit-linked life insurance operations. Accomplished in two phases, the implementation has enabled the ...
Tags: Dah Sing, EBaotech, LifeSystem
General Insurance Corporation (GIC Re), the Indian government owned sole reinsurer, is seriously considering expanding reinsurance business beyond domestic boundary through the acquisition of some Lloyd’s syndicates. Speaking at a ...
Tags: GIC Re Eyes, Service, Syndicates
Industrial Alliance Insurance and Financial Services is set to launch a new universal life insurance product designed to allow customers to benefit from premium reductions, if long-term interest rates increases. Scheduled to be launched ...
US-based independently owned insurance brokerage Oswald Companies has purchased McManamon Financial Services, an Ohio-based company specializing in group benefits insurance, as part of its continues growth and expansion strategy. ...
Netherlands-based financial conglomerate ING has received offers for its South Korean life insurance business from a Korean life insurer and two Seoul-based private-equity firms. The three bidders include Kyobo Life Insurance Co and ...
Tags: ING, Bids, Insurer Business
Employee benefits unit Lockton Benefit Group has joined hands with SelectQuote Benefit Solutions to provide its clients a private insurance exchange for retiree medical benefits, known as Lockton Select Marketplace. Lockton Benefit Group ...
Global insurance and reinsurance provider XL Group has established a new Global Programs Center of Excellence to ensure its global programs and services continue to address the changing requirements of customers and brokers worldwide. The ...
Tags: XL Group, Global Programs Center