The Guarantee Company of North America (The Guarantee) has selected Guidewire ClaimCenter, to support its goal of increasing effectiveness and efficiency of claims management operations. The underwriter has picked up the new system as per ...
Tags: Guidewire ClaimCenter, claims management operations, underwriter
Life and business underwriter Erie Insurance has named Brad Postema as senior vice president and chief investment officer. The US insurer stated that Postema will be responsible for the investment planning of Erie Insurance Exchange, its ...
Arthur J. Gallagher & Co. (AJG) has acquired Texas-based Professional Claims Managers (PCM), a full service third party administrator specializing in multi-jurisdictional litigation and claims management, for an undisclosed amount. AJG ...
SBI Insurance is all set to deploy a new core system suite Guidewire InsuranceSuite, which will maintain the complete range of general insurance business processes, while enhancing its service offerings. According to Guidewire Software, ...
Tags: SBI Insurance, new core system suite, Guidewire InsuranceSuite
New York based Marsh & McLennan Agency (MMA) has purchased Howalt+McDowell Insurance, an independent agency in South Dakota, in an undisclosed deal. As per terms of the agreement, Howalt+McDowell's CEO Jeff Scherschligt and his staff will ...
Arthur J. Gallagher & Co. (AJG) has completed acquisition of California-based G. S. Chapman & Associates Insurance Brokers for an undisclosed amount. As part of transaction, Gregory Chapman and team will continue operations from existing ...
The Navigators Group, a commercial property/casualty insurer, has implemented AIR Worldwide's CLASIC/2 and CATRADER modeling technologies to manage its global catastrophe business. The catastrophe models are expected to be used by the ...
Tags: Navigators Group, commercial property/casualty insurer, AIR Worldwide
Willis Programs of New Hampshire has launched Rent-itGuard customized insurance solution to provide for businesses related to rental yards and the equipment rental industry. Rent-itGuard has been designed to meet the insurance and risk ...
Florida based The Main Street America Group has chosen Clearwater Analytics, an investment accounting and portfolio reporting and analytics software firm, to offer consolidated investment accounting, reporting and analytics on its $1.7bn ...
Tags: Main Street America Group, Clearwater Analytics, investment accounting
Hawaii based Island Insurance, a locally owned property and casualty insurance provider, has added Guidewire PolicyCenter as its new underwriting and policy administration system, to improve its operational efficiencies and enhance business ...
Allied World US, a subsidiary of Allied World Assurance Company Holdings, has signed an agreement with Venture Underwriters to offer a General Liability program for commercial contractors. The program is scheduled to specifically target ...
Tags: Allied World US, commercial contractors, financial security insurance
Allstate has reported that its net income rose by 46.2% to $766m for the first quarter of 2012, or $1.53 per diluted share compared to a net income of $524m, or $0.98 per diluted share in the same period in 2011. Allstate chairman, ...
Tags: Allstate, net income, auto insurance, partnership income, operating income
US state banking trade association, California Bankers Association (CBA) has appointed CNA, as an exclusive, authorized insurance carrier. The association said that it has chosen CNA, due to its expertise in catering specialized products, ...
American International Group (AIG) has reported 27% rise in net income attributable to AIG, which was $2.3bn for the second quarter of 2012, compared to $1.8bn during the same period last fiscal. For the latest quarter period, the ...
Tags: American International Group, net income, operating income
Japan's property/casualty insurer SBI Insurance has deployed Guidewire Software's InsuranceSuite service for underwriting, policy administration, billing and claims management. The new solution will be implemented by SBI Insurance for its ...
Tags: SBI Insurance, property insurer, casualty insurer, InsuranceSuite service