UK based insurance and financial services firm Prudential has inked an agreement with Thailand based Thanachart Bank to acquire its Life Assurance Company for £368m in cash. The transaction, which is expected to complete during the ...
Tags: insurance and financial services, Prudential, Thanachart Bank
Industrial Alliance Insurance and Financial Services has acquired its subsidiary, Industrial Alliance Pacific Insurance and Financial Services, effective 30 June 2012. As per the merger agreement inked, the former Industrial Alliance ...
Tags: Industrial Alliance, subsidiary, strong financial position
UK-based Barbon Insurance has appointed Mike Ramsey as its new chief executive officer to replace Martin Oliver, effective from June 2012. Ramsey previously served as chief executive officer of life, accident & health Europe division of ...
Tags: Barbon Insurance, Mike Ramsey, chief executive officer, Martin Oliver
The Hartford, a US-based insurance and financial services company, has selected Guidewire ClaimCenter as its new solution to manage all of its property and casualty claims. Commenting about the selection, The Hartford claims executive ...
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Farmers Insurance has unveiled a new facility, named as AgencyPoint in Baltimore, which will serve as an agency recruitment and training center for candidates looking to become Farmers independent business owners. The new centre is a part ...
Tags: Farmers Insurance, AgencyPoint, agency recruitment, insurance, training
Starr Companies, a global insurance and financial services company, has appointed Nigel Childs as chief financial officer for its foreign operations. Childs, who will directly report to Starr Companies chief international officer Ed ...
Tags: Starr Companies, insurance, financial service, Nigel Childs
United Insurance, a property and casualty insurance holding company, has selected B Bradford Martz, CPA, as its chief financial officer (CFO), effective from 1 October 2012. In his new role, Martz will be responsible for United's ...
Tags: United Insurance, insurance holding company, B Bradford Martz, CFO
Property and casualty insurance provider, United Insurance Holdings has appointed John Forney as its new chief executive officer, effective from 14 June 2012. Forney will also serve as a director on the company's Board. United's Board ...
Tags: United Insurance Holdings, John Forney, insurance company, insurance
US based independent insurance brokerage Heffernan Insurance Brokers has appointed Jennifer Alimonda as assistant vice president to focus on new development and management of Personal Lines business at its New York office. With over six ...
Tags: Heffernan Insurance Brokers, Jennifer Alimonda, New York, insurance
Consumers will be able to compare the cost of like for like kitchens following the launch of a new price comparison website. Insight Retail Group (IRG) launched kitchen-compare.com last week, initially comparing the offerings of leading ...
Industrial Alliance Insurance and Financial Services have inked a deal to offload by way of indemnity reinsurance and assumption reinsurance, all its US fixed annuities and accumulation riders to Security Benefit Life Insurance and ...
Tags: Industrial Alliance Insurance, Financial Services, indemnity reinsurance
Nationwide Mutual Insurance Company has appointed Larry Hilsheimer as director of its Retirement Plans, while Anne Arvia will lead Nationwide Direct, Affinity and Growth Solutions. Nationwide chief executive officer Steve Rasmussen said ...
Tags: Nationwide Mutual Insurance Company, Larry Hilsheimer, Retirement Plans
Universal Insurance, a Puerto Rico-based provider of insurance and financial services, is planning to upgrade to Cover-All's new policy administration platform and its commercial lines products. The products include commercial auto, ...
Tags: commercial lines products, Universal Group, Cover-All Policy