Aviva has selected Guidewire PolicyCenter and ClaimCenter as its new underwriting and policy administration solution and new claims management system respectively for its core UK general insurance business. Aviva UK UK General Insurance ...
Tags: Aviva, Guidewire PolicyCenter, ClaimCenter, underwriting
A member of the Pan-European insurance group Achmea BV, Oranta Insurance has successfully implemented Sapiens IDIT Software Suite, which enabled the underwriter to go live its operatons. The new software platform from Sapiens ...
Tags: Oranta Insurance, Sapiens IDIT Software Suite, underwriter
Malta based underwriter GlobalCapital has deployed BSB's Solife software to administer its full range of life insurance portfolio, in a bid to offer better services to the customers, while improving business efficiency. With the launch of ...
Tags: GlobalCapital, BSB, insurance business
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
Myanmar has finally opened its insurance sector for private underwriters to set up their insurance operations in Myanmar, which was officially closed for them since 1963, after nationalization of 78 foreign insurance companies previously ...
Tags: Myanmar, Private Insurance, nationalization
Assured Guaranty (AGO), a bond insurer, has expanded its municipal bond insurance team with the appointment of three new members to its US public finance team. Chris Chafizadeh has been appointed as US public finance team managing ...
UK based Capita Insurance Services has hired Wayne Lewis as general insurance finance director. In his role, Lewis will work alongside Brent Escott, head of Capita's general insurance business. Escott said that as the company's ...
Chinese Kerry Logistics has ventured into insurance business through the acquisition of Taishan Insurance Brokers (TIB), which provides a comprehensive suite of insurance brokerage and consultancy services in Asia. Chinese Kerry Logistics ...
Tags: Kerry, Taishan Insurance, Chinese underwriting business
UK's HSBC Holdings has geared up to dispose its Vietnamese insurance business with an anticipated price of $400m, as part of its strategy to exit non-core operations worlwide. A source close to the potential deal told Reuters that HSBC ...
Aviva, a multinational insurance company headquartered in London, is all set to shut down two regional offices and start a voluntary redundancy program throughout the regional offices. The underwriter is implementing restructure plan to ...
Tags: Aviva, multinational insurance, commercial insurance business
ACE will soon inaugurate a new office in Aberdeen before the end of 2012 as part of its continued strategy to enhance service for UK regional brokers and clients. According to the underwriter, the branch will be ACE's 12th in its UK and ...
Tags: ACE, insurance business
Aspen Insurance has named Richard Aldorisio as executive vice president of casualty insurance unit, which now includes excess and primary casualty, with effective from 4 September 2012. Having 30 years of underwriting and management ...
Tags: Aspen Insurance, Richard Aldorisio, casualty insurance unit
The Plateau Group has entered into an agreement to acquire Individual Assurance Company's (IAC) credit and group mortgage insurance business in an undisclosed reinsurance transaction. As part of the agreement, major part of the IAC sales ...
Tags: Plateau Group, Individual Assurance Company, acquisition
UK based Financial Services Authority (FSA) and Lloyd's of London have approved W R Berkley Syndicate Management to work as a Lloyd's managing agent. As per the agreement, effective from 1 June 2012, WR Berkley Syndicate Management will ...
Tags: FSA, W R Berkley Syndicate Management, managing agent, reinsurance
W. R. Berkley has appointed Michael Connor as president of Continental Western Group, a provider of commercial insurance services. Connor succeeds Bradley Kuster, who will oversee other activities within the WRB group of companies. ...
Tags: Continental Western Group, commercial insurance, insurance service