Genworth US Mortgage Insurance (USMI) has launched a new set of rules, Simply Underwrite (SM), which enables lenders to provide simplified and expanded national mortgage underwriting guidelines. Apart from offering one expanded national ...
Health insurance products provider Assurant Health has signed an agreement with Zensar Technologies, to provide information technology support for its suite of business applications. Under the terms of the five-year agreement, Zensar will ...
Tags: Health insurance products, Assurant Health, Zensar Technologies
Integro, an insurance brokerage and risk management company, has completed acquisition of the assets of iTrade, a bonds and logistics brokerage division of Navigators Management Company. Financial terms of the transaction remained ...
Tags: Integro, insurance brokerage, risk management, iTrade
A wholly-owned subsidiary of Bermuda-based Enstar Group (ESGR) has acquired SeaBright, a multi-jurisdictional workers' compensation insurance company, as part of an agreement originally proposed in August 2012. Based on the terms of the ...
Tags: Enstar Group, SeaBright, workers'compensation insurance
Property and casualty underwriter ACE Group has started underwriting energy risks through Syndicate 2488 at Lloyd’s of London in an effort to expand its global portfolio. The initiative represents the company's commitment to boost ...
Tags: ACE Group, energy risks, Lloyd
Direct-to-consumer personal car insurance company Esurance is providing renters coverage to its customers in Utah, US. Offered as an add-on to an Esurance car insurance policy, the renters coverage is available for customers renting or ...
London-based business process and technology service provider Xchanging has introduced a new mobile application for the UK insurance market. Dubbed X-presso, the application enables claims handlers and insurers to view and use claims ...
Swett & Crawford, an independent wholesale broker, has completed the purchase of Georgia-based Southern Hospitality Underwriters (SHU) for an undisclosed amount. The acquisition, which closed on 31 January 2013, compliments the company's ...
Tags: Swett&Crawford, wholesale broker, Southern Hospitality Underwriters
Old Mutual has completed the acquisition of a majority stake in Oceanic Life, the life assurance operations of the former Oceanic Bank in Nigeria. Financial terms of the transaction, which was originally announced in February 2012, have ...
Tags: Old Mutual, majority stake, Oceanic Life
Lockton, a privately held insurance broker, has completed acquisition of Colin Smith's broker unit Strategic Insurance & Risk Solutions. Following the completion of the acquisition, Lockton's new Melbourne insurance and risk management ...
Tags: Lockton, insurance broker, Strategic Insurance&Risk Solutions
Marsh & McLennan Companies has reported an operating income of $1.8bn, for the full year of 2012, with an increase of 12% from $1.6bn during the same period last fiscal. For the year ended on 31 December 2012, its revenue increased 3% to ...
US-based independent agency Hyland Block & Hyland Insurance has purchased Haskins-Schmidt Insurance agency, to further reinforce its presence in the Louisville region. Founded in 1999 by Robin Schmidt, the acquired entity operates as a ...
Tags: Hyland Block&Hyland Insurance, Haskins-Schmidt Insurance agency
CUNA Mutual Group and the Arizona Department of Insurance (DOI), receiver for PMI Mortgage Insurance Co (PMI), have inked an agreement to support the future development of CMG Mortgage Insurance Company (CMG MI). Based on terms of the ...
Tags: CUNA Mutual Group, DOI, PMI, CMG MI
Florida-based auto insurance provider Windhaven Insurance has selected Medata’s automated system to review its bill. Windhaven Insurance operations manager Jennifer Arango said that the Medata's automated system provides ...
Tags: auto insurance provider, Windhaven Insurance, Medata's automated system
US health insurer Aetna has introduced a new product offering for members of the Flexible Benefits Plans (FBP) Employers Association. As part of the affinity program, the company will make its individual, small group and Aetna Voluntary ...