Covéa Insurance has extended its risk management partnership with RiskSTOP, an independent risk control service provider, for an additional three years. As part of the extension, RiskSTOP will continue to conduct site surveys and ...
Tags: RiskSTOP, Covea Insurance, risk management
Virginia's The Hilb Group (THG) has completed the acquisition of Crofton-based mid-market insurance broker The Pennoyer Group. The deal came into effect from 31 January 2013, after receiving approval from its shareholders. Established ...
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
Towergate Insurance has successfully completed the acquisition of insurance broker Speake Medley (Commercial Insurance) and Woodside Insurance Service's general insurance business. CCV has also procured an additional 45% shareholding in ...
Tags: Towergate Insurance, insurance broker, Insurance Services
Commercial lines writer W R Berkley has established a new underwriting firm, Berkley Southeast Insurance Group, to offer commercial insurance services and expertise in six southeastern states in the US. Based in Atlanta, Georgia, the new ...
Tags: Insurance Group, underwriting firm, insurance products
Xchanging's insurance software business Xuber has launched a fully-integrated claims management service, to meet the needs of commercial insurer and reinsurer across the globe. Dubbed as Xuber Claims, the platform can be deployed ...
Tags: Xchanging, insurance software, Xuber
US-based retail property, casualty insurance brokerage, employee benefits consultant ABD Insurance and Financial Services has acquired the assets of Northern California's Insurance Associates. Further details of the transaction have not ...
Tags: ABD, Insurance Associates, ABD Insurance, Financial Services
US-based insurance brokerage Hylant Group has completed acquisition of Benefit Consulting Alliance (BCA) and Benefit Outsourcing Group (BOG). As part of the transaction, BCA and BOG partners Wayne Emery and John Maple will join Hylant's ...
Tags: Hylant, benefit consulting service, insurance services
Nationwide Financial has increased joint payout rates for The Nationwide Lifetime Income Rider () on its Nationwide Destinationsm Series 2.0 variable annuities. With a joint option, the lifetime payout rates will increase by 0.25% for ...
US-based Lake Norman Benefits has acquired employee benefits practice from Aquesta Bank and its wholly owned subsidiary, Aquesta Insurance Agency, for an undisclosed sum. Commenting on the deal, Lake Norman Benefits president and CEO ...
Tags: Lake Norman Benefits, Aquesta Bank, employee benefits practice
Edgewood Partners Insurance Center (EPIC), a California-based insurer, has signed an agreement for acquisition of Homeplace Insurance Brokers. As part of the acquisition, Homeplace's team will conduct operations under the leadership of ...
Tags: Edgewood Partners Insurance Center, insurer, Homeplace's team
Brown & Brown of Kentucky, a wholly-owned subsidiary of Brown & Brown, has completed acquisition of certain assets of Gilbert RV Insurance. Gilbert RV Insurance, which possesses combined annual revenues of $2.4m, will function as a branch ...
Tags: Kentucky, acquisition, Gilbert RV Insurance, insurance
US commercial property and casualty insurance provider, CNA Financial has appointed Mark Herman as president and chief operating officer of CNA Specialty. Herman is taking over from Peter Wilson, whose retirement will be effective from 31 ...
Tags: CNA, US, operating officer, insurance
Ebix, a supplier of on-demand software and e-commerce services to the insurance industry has acquired TriSystems, a Londoner online insurance trading hub that facilitates commercial insurance and reinsurance transactions between London ...
Tags: Ebix, TriSystems, on-demand software, e-commerce services, insurance
Commercial insurance underwriting agency APC is likely to introduce a public hire taxi product in early November 2012, marking its entry into the specialist motor underwriting market. Available through the firm's QuoteMac trading ...
Tags: insurance underwriting, APC, public hire taxi product, motor underwriting