Bankers Life and Casualty has launched a new life and health insurance product, Critical Benefit to provide additional financial protection associated with treatment and recovery as well as cover non-medical expenses. The critical illness ...
Insurance broker Brightside has formed a partnership with British supermarket chain Asda. Under the partnership, Brightside will manage car and home insurance for the supermarket chain as part of its Asda Money division. Asda Money head ...
Tags: Brightside, car and home insurance, straightforward products
Southern Trust has chosen Accenture's Duck Creek policy administration and billing software to modernize core insurance policy system and enhance processes to support business expansion. The software suite will serve as core commercial ...
Nationwide Mutual Insurance will implement Guidewire PolicyCenter as its underwriting and policy administration system and Guidewire BillingCenter for its property and casualty insurance lines. The upgradation of its underwriting, policy ...
Tags: Mutual Insurance, Guidewire PolicyCenter, property insurance
Allianz and Western Union have struck a Memorandum of Understanding (MOU) to develop, design and distribute insurance products in several countries around the world. As per the terms of the agreement, both firms will concentrate on ...
Tags: Allianz, Western Union, insurance product, insurance distribution
UK-based general insurer Liverpool Victoria (LV=) Broker has signed an agreement with Insure4Retirement, to offer ABC home insurance product to its customers. A first time collaboration between the two companies, the move also represents ...
Tags: Liverpool Victoria, nsure4Retirement, home insurance, insurance product
BB&T Insurance Services has offered supplemental unemployment insurance product to its online product offerings at insurance.bbt.com, designed to meet the needs of individuals, who lose their jobs. The newly introduced product, ...
Tags: BBT Insurance Service, unemployment insurance, online product
Medmarc Insurance (Medmarc) has signed an agreement to merge into ProAssurance for a $153.7m, all cash, sponsored demutualization that will provide Medmarc's eligible Members with cash payments of $146.2m and future policy credits of $7m. ...
Tags: Medmarc Insurance, merger, ProAssurance, insurance
Liberty Mutual Holding Company has registered revenues of $9.2bn, up by 5.8% for the third quarter of 2012, compared to $8.7bn during the same period over the last year. Net income attributable to LMHC was $$465m with an increase of ...
Tags: Liberty Mutual Holding Company, quarter 2 revenues, insurance product
Publicly held personal lines insurer Allstate has introduced usage-based insurance product, Drive Wise to encourage and reward safe driving. The auto insurance policy will be available at seven states by November 2012, while additional ...
Tags: Allstate, usage based insurance, insurance product, safe driving
RLI Corp, a specialty insurance company, has introduced a new security guard and alarm systems liability insurance product for security insurance companies. The company has also appointed Mitchell Bombet as Underwriting Director to ...
Tags: RLI Corp, specialty insurance, security guard, alarm system, insurance
Religare Health Insurance (RHICL) has formally launched its general insurance operations with head office in Delhi, India, as part of its business initiations in July 2012. Religare Health Insurance MD &CEO Anuj Gulati said, "Given our ...
Tags: Health Insurance, insurance operations, insurance firm, insurance
ACE, a global commercial property and casualty insurance firm, has named Jeremy Cole as risk control account manager in the UK and Ireland casualty risk engineering department. ACE casualty risk control manager UK and Ireland Phil Myers ...
Tags: ACE, casualty insurance, commercial insurance, insurance product
PVI Holdings and Sun Life Assurance Company of Canada, has entered into an agreement to establish a joint venture, called PVI Sun Life Insurance Company Limited (PVI Sun Life) to offer innovative life insurance products to customers in ...
Tags: life insurance, joint venture, PVI Sun Life Insurance, insurance product
PartnerRe, a provider of reinsurance services, has appointed Egbert Willam to its Board of Directors to serve on it’s Audit and Nominating and Governance Committees, effective from 01 June 2012. Willam, who is the founder and ...
Tags: PartnerRe, reinsurance service, reinsurance, insurance, insurance product