New York-based Gerber Life Insurance has selected MajescoMastek’s Elixir North America policy administration platform to manage all its business lines. As a part of Gerber Life's two-year transformation and modernization initiative, ...
Tags: Life Insurance, Gerber Life, Insurance
Raffles Health Insurance (RHI) in collaboration with international health insurer Bupa has unveiled two new international health insurance plans, aimed at next generation expatriates and international businesses in the Asia Pacific region. ...
Tags: RHI, Health Insurance Plans, Bupa
Keystone Legal has introduced personal injury legal insurance cover, aimed to address the requirements of claimants before the implementation of the Legal Aid Sentencing and Punishment of Offenders (LASPO) Act. Offering a basic level of ...
Tags: Keystone Legal, LASPO Act, personal injury legal insurance
MAG Mutual Insurance Company (MMIC) has revealed its intention to purchase South Carolina Physician Assurance Company (SCPAC), a writer of physician liability insurance in US. Subject to execution of a final definitive agreement, final ...
Tags: MMIC, South Carolina Physician Assurance Company, SCPAC
IBM's Watson supercomputer has gone from game show king to doctor's office helper. You may recall the epic man vs. machine battle two years ago in which the supercomputer beat former champions on the show Jeopardy. Well, now there's a ...
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International specialist insurer Hiscox has introduced Hiscox Professional Liability Portfolio to offer tailor made policy forms for its customers. The newly launched product provides customised policy forms for certain client segments ...
Tags: International specialist insurer, Hiscox, Portfolio Product
US-based health insurer WellPoint (WLP) has named Joseph Swedish as the company's new chief executive officer effective from 25 March 2013. Swedish, who replaces interim chief executive officer John Cannon, joins WLP from Trinity Health ...
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Mutual insurer The Guardian Life Insurance Company of America has selected California-based technology company DentalXChange, to provide online claims status verification for dentists. DentalXChange provides online solutions to connect ...
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
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 ...
US personal lines insurer Allstate has registered 44.7% decrease in net income for the fourth quarter of 2012, which stood at $394m, or $0.81 per diluted share, against $712m, or $1.4, during the same period last fiscal. For the quarter ...
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Jacada has entered into a material agreement with a major US insurance group to offer its real-time process guidance and automation solutions to support the latter's policy servicing and processing operations across multiple lines of ...
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US-based life insurer MetLife has inked a definitive agreement to purchase BBVA’s private pension fund administrator in Chile, AFP Provida (Provida), in a deal valued at almost $2bn. Based on the terms of the deal, the acquirer will ...
Tags: life insurer, underwriter, pension industry
Malpractice insurer ChiroFutures Risk Purchasing Group (RPG) has added Information and Network Security Insurance Coverage to Chiropractic Malpractice Insurance Program policyholders. The inclusion was approved by State Insurance ...
UK-based insurer Aviva has launched a new iPad application for its online trading platform, Fast Trade, to enable brokers to ‘quote and buy’ online in less than five minutes. The new application has been designed to enable ...
Tags: nsurer, Aviva, new iPad application