LifeAgain Insurance Solutions, a wholly-owned subsidiary of Cardium Therapeutics, has signed a commercialisation agreement with insurance broker AgencyONE to support the development and marketing of new survivable risk life insurance ...
UK-based LV= Broker has launched an improved motorcycle insurance policy with wider coverage and enhanced underwriting to cover bikes with 600cc engines, as part of its plan to enhance its market position in the country. The new Highway ...
Ascent Underwriting, a trading division of insurance broker Safeonline, has launched a general liability coverage extension for small and mid-market business clients, as part of its new coverage initiatives. The new coverage, which ...
On August 22, the Tommy Hilfiger Group, which is wholly owned by PVH Corp. and Autism Society San Diego, celebrated an ongoing partnership. Josh Bowman and Kalani Robb, along with Gary Sheinbaum, CEO, Tommy Hilfiger North America and ...
Tags: Apparel, Accessories
Australian general insurer QBE Insurance Group has posted a net profit of $477m for the first half of 2013, a decline of 37% compared to $760m for the same period last year. Underwriting profit grew by 2% to $530m for the first half of ...
Tags: Insurance, general insurer
Workers’ compensation insurance provider CompSource Oklahoma has deployed InsuranceSuite, including Client Data Management from Guidewire Software as its new platform for underwriting and policy administration, rating, billing, ...
Tags: insurance
Zurich Insurance Group has posted a net income after tax attributable to shareholders of $1.85bn for the first-half ended on 30 June 2013, a decline of 17% compared to $2.22bn for the same period last year. During the period, business ...
Tags: Zurich Insurance, Insurance
Allied World Assurance Holdings (Ireland) has reached an agreement with Gravity Underwriting (Gravity), to acquire its 21.2% stake, for an undisclosed sum. As per terms of the strategic alliance, Gravity will assist in business ...
US-based specialty insurer American Modern Insurance Group is set to deploy PolicyCenter, BillingCenter, and Client Data Management platforms from Guidewire Software, as part of its business transformation initiative. PolicyCenter and ...
Tags: Guidewire Platforms
Liberty Mutual Holding Company (LMHC) has reported net income of $448m for the second quarter of 2013, with an increase of $309m, compared to the same period last fiscal. For the quarter period ended on 30 June 2013, its revenues stood at ...
Tags: Liberty Mutual
Allianz Life Insurance Company of North America (Allianz Life) has deployed Accenture’s life and annuity insurance software suite to support its new business and core policy administration needs for variable annuity products. The ...
Tags: Life Insurance
Global multiline property and casualty insurer ACE Group has named Geoff Russell as its new regional senior professional indemnity underwriter for UK and Ireland, to boost underwriting capabilities throughout its network of regional ...
Tags: multiline property, ACE
International specialty insurance and reinsurance products provider Lancashire Holdings has entered into a conditional agreement to acquire Cathedral Capital Limited, a privately owned Lloyd's insurer, in a deal worth £266m in cash. ...
Tags: Lancashire, Cathedral Capital
UK-based insurer Ageas has reported net profit of £49.1m for the first half of 2013, with an increase of 17.3% compared to £41.9m, during the comparable period earlier year. For the first half of the current fiscal, ended on ...
Tags: Ageas
Global insurance and reinsurance firm XL Group has appointed Mark McConico as vice president and underwriting manager of its US risk management group in Los Angeles. In addition, the company promoted Theresa Schlageter to senior vice ...
Tags: XL Group, Underwriting Manager