Global risk management company DriveCam has signed a strategic partnership agreement to provide managed services to Crum & Forster’s (C&F) policyholders, as part of C&F’s loss control/safety management services. Crum & Forster ...
London-based underwriter Aviva is considering purchasing the Co-operative Group general insurance business in a deal valued at approximately £650m ($989.82m). Co-operative Group, which operates as one of the UK's largest consumer ...
Tags: Aviva, Co-Operating Insurance
US-based Fringe Benefit Group has introduced a range of insurance plans, Framework benefits, designed specifically for part-time workers Framework benefits will include dental, vision, critical illness, short-term disability, life ...
Dutch financial conglomerate ING, has agreed to dispose of its 49% stake in Korean joint venture (JV), KB Life Insurance Company (KB Life), to venture partner KB Financial Group. A total consideration of KRW166.5bn (€115m) will be ...
Tags: ING, KB Life Insurance
Multinational insurance holding company AmTrust Financial Services has inked an agreement with the UK-based CPP Group to acquire CPPNA for approximately $40m. Headquartered in Saint Louis Park, Minnesota, CPPNA provides administrative ...
Lloyd's insurer Ascot Underwriting has established a new office at One Bryant Park in New York, US, which will be led by Ascot Fac chief underwriting officer Paul Amrose. Amrose and his team will relocate from Hartford to the new office ...
Tags: Lloyd's insurer, Ascot, Fac business
Health insurer Aetna has launched a new product to help mid-sized employers offer health benefits directly to employees and also assume the financial risk for their employees' claims. Known as Aetna Funding Advantage (AFA), the new ...
The Phoenix Companies, a US-based boutique life insurance and annuity company, has introduced a single premium fixed indexed annuity offered with a Guaranteed Lifetime Withdrawal Benefit (GLWB) rider. Available through independent ...
United Lender Services (ULS), a Pennsylvania-based title insurance, settlement services, and appraisal management company, is expanding its commercial title insurance services. Led by director, general counsel James DiGregory, the ...
Tags: insurance, Insurance Services
US-based wholesale specialty brokerage Professional Risk Solutions (PRS) has extended its general and product liability coverages offerings as well as insurance solutions for the life sciences industry. A specialist team led by Henry ...
Florida-based MDW Insurance Group has acquired American Benefit Partners, an employee benefits consulting firm, to boost the scope of its benefits practice and expand footprint into Palm Beach County, South Florida. Financial terms of the ...
A number of local government administering authorities have created a framework for the provision of pension software solutions and issued a tender worth between £3m and £30m. The Official Journal of the European Union tender ...
Tags: Software, Computer Products
Edgewater Technology (EDGW) has signed an agreement with a privately-held company Flexible Architecture, Simplified Technology (FAST) to deliver next-generation process centric policy administration technologies to the insurance industry. ...
US personal lines insurer Allstate has introduced its usage-based insurance device, Drivewise, in additional six states across the US, to help identify and improve driving habits of policyholders by delivering constant feedback. Available ...
Tags: Allstate, Usage-Based Insurance
CONEXIS has rolled out exchange connector and premium aggregation services to assist health plans to deal with implementing their premium-billing and collection services to meet the requirements introduced in the Affordable Care Act (ACA). ...