Insurance firm Amlin has returned to profit after a major loss suffered in 2011 due natural disasters, such as Japanese tsunami, New Zealand earthquake and flooding in Thailand that affected the company to large extent. The company saw ...
Tags: Amlin, natural disasters, pre-tax profits soar, insurer
Indonesian general insurer PT Bess Central Insurance has signed an agreement with InterGlobal to jointly introduce UltraCare, an international private medical insurance plan for expatriates and business individual. Underwritten by Bess, ...
Tags: general insurer, PT Bess Central Insurance, InterGlobal
US underwriter American Safety Insurance Holdings is gearing up to acquire Cayman-based insurer Bluestone Surety for an undisclosed sum. The insurer wholly-owned subsidiary, American Safety Holdings has inked stock purchase agreement to ...
Tags: underwriter, American Safety Insurance Holdings, Bluestone Surety
Cigna (CI) has signed an agreement to purchase selected Medicare Advantage plans in Texas and Arkansas from health insurer Humana. The acquisition of three Humana's markets including Amarillo, Longview-Marshall and Texarkana will allow ...
Tags: Cigna, Medicare Advantage plans, health insurer, Humana
Drewberry Insurance introduced online income protection quotation platform intended to assist consumers by providing key information and pricing to make an informed decision. The new platform provides online comparison quotations from all ...
GEICO has promoted its assistant vice president Rick Hoagland as vice president of claims, who will replace Nancy Pierce, recently appointed regional vice president in GEICO's Fredericksburg, Virginia office. Nancy Pierce was recently ...
Tags: GEICO, Rick Hoagland, GEICO's Fredericksburg, executive assistant program
Switzerland based life insurer Zurich Insurance has unveiled a wide range of comprehensive travel insurance products which the company claims to be ideal to meet the specific needs of UAE residents. The suite of policies includes four ...
Tags: life insurer, Zurich Insurance, travel insurance products, insurer
US based motor insurer Vermont Mutual Insurance has deployed the Thunderhead NOW platform, with an aim to enhance customer engagement with increased business user control and additional communication channels. The new platform has been ...
Tags: motor insurer, Vermont Mutual Insurance, Thunderhead NOW platform
Japan's property/casualty insurer SBI Insurance has deployed Guidewire Software's InsuranceSuite service for underwriting, policy administration, billing and claims management. The new solution will be implemented by SBI Insurance for its ...
Tags: SBI Insurance, property insurer, casualty insurer, InsuranceSuite service
Groupama Insurances has completed the first step in an overhaul of its commercial and residential property policy, Optima Property. The insurer said that the upgrades have been made in order to prepare the product for full software house ...
The former CEO of GreenWood International Insurance Services Daniel G Boisvert has established a new insurance distribution company GW Global Insurance. The newly floated underwriter will cater retail agents and brokers with a ...
Tags: GreenWood International Insurance Services, Daniel G Boisvert
American International Group (AIG) and its affiliates have approved to disburse nearly $146.5m to all 50 states and the District of Columbia to settle a workers compensation premium dispute. Florida Insurance Commissioner Kevin McCarty, ...
Tags: American International Group, insurance, compensation premium dispute
State Farm Life Insurance has introduced Joint Universal Life (JUL) insurance to provide affordable life insurance coverage under one policy for two individuals. As a flexible premium life insurance policy, JUL comes with a death benefit ...
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The US business group of Sun Life Financial has established a dedicated Small Business Center, offering brokers and their clients' access to life, disability, and dental products for employee groups with 2-24 people. The firm said that ...
Tags: Sun Life Financial, brokers, clients, life products, disability products
Sun Life Financial has introduced a flexible set of voluntary group disability insurance options, including Voluntary Short Term Disability (VSTD) and Voluntary Long Term Disability (VLTD) for workers. According to life insurer, the ...