Global property and casualty insurer ACE Group has launched new ACE Express Private and ACE Express Not-For-Profit health care protection polices to provide comprehensive management liability coverage for health care organizations. ...
CBIZ, a Cleveland-based business consultancy, has purchased Minneapolis-based insurance brokerage agency Associated Insurance Agents (AIA), in a bid to boost its insurance capabilities. Financial terms of the transaction were not ...
Tags: CBIZ, Insurance Agents
Illinois-based Applied Systems has completed purchase of property and casualty (P&C) business of IVANS, a provider of technology solutions for data exchange and integration between insurance carriers and agencies, for an undisclosed amount. ...
Global property and casualty insurer ACE has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial for nearly $690m in cash, after offering a $175m pre-closing dividend to the seller. The definitive ...
Tags: casualty insurer, ABA Seguros
US property and casualty insurance broker, Keystone Insurers Group is planning to start adding partner agencies in Illinois to its franchise operations during the fourth quarter of 2013. According to initial plans, a total of ten ...
Tags: Keystone, Franchise Operation
Univest Corporation of Pennsylvania (UVSP) and its insurance subsidiary has successfully completed acquisition of John T. Fretz Insurance Agency, a family-owned-and-operated full-service property and casualty insurance agency. The ...
Tags: Insurance Agency, Univest
A major UK Insurer has awarded a multi-year agreement to Symbility Solutions for integration of claims management software and mobile scoping tool into its organization through its European partner, The Innovation Group (TIG). Scheduled ...
Tags: UK Insurer, Symbility Solution
The Hartford has reported net loss of $241m, or $0.58 per diluted share, against net income of $96m, or $0.18 per diluted share, during the first quarter a year ago. First quarter net income included a $541m, after tax, unlock charge due ...
US mutual insurer Sentry Insurance has introduced a mobile version of its risk management solution at the 2013 RIMS Annual Conference & Exhibition in Los Angeles, US. Dubbed Sentry Insight Mobile, the new solution offers an enhanced, ...
The Medical Society of Virginia Insurance Agency (MSVIA) has selected Digital Insurance, an employee benefits-only agency, as partner to help manage its employee benefits program, beginning April this year. Under the terms of the ...
Tags: MSVIA Partners, Digital Insurance
Property and casualty insurer ACE has reported net income of $953m during the first quarter of 2013, with a decrease of 2% compared to $973m during the corresponding period earlier year. For the latest quarter period ended on 31 March ...
Tags: ACE, Net Income
Multinational insurance holding company AmTrust Financial Services has completed the acquisition of Sequoia Insurance and its subsidiaries, Sequoia Indemnity and Personal Express Insurance (Sequoia), for a consideration of nearly $60m. ...
ACE Medical Risk Group has teamed up with Trust Risk Management Services (TRMS) to provide admitted professional and general liability policy, designed to offer insurance protection to individuals and small groups of allied healthcare ...
Tags: ACE Partners, Liability Coverage
Global risk management company DriveCam has signed a strategic partnership agreement to provide managed services to Crum & Forster’s (C&F) policyholders, as part of C&F’s loss control/safety management services. Crum & Forster ...
Multinational insurance holding company AmTrust Financial Services has inked an agreement with the UK-based CPP Group to acquire CPPNA for approximately $40m. Headquartered in Saint Louis Park, Minnesota, CPPNA provides administrative ...