ACE has received a license from the Tunisian Ministry of Finance to set up its reinsurance operation in the country, which is part of its continued strategy to boost business across Middle East and North Africa (MENA) region. The global ...
Tags: Insurance License
Euclid Insurance has chosen Applied Systems agency and brokerage management system known as Epic, to automate its agency operations on a single software platform across its multistate operations. Equipped with modern, flexible and secure ...
Tags: Insurance
US-based multi-line insurer group Farmers Insurance, has appointed John Mueting as the new head of its broker dealer business Farmers Financial Solutions (FFS), which delivers an array of financial service products to consumers. Mueting ...
Tags: Service, Farmers Insurance
US-based insurer MetLife will roll out the Enhanced Care Benefit as a rider available on its entire whole life portfolio, to offer consumers with greater flexibility and convenience to fulfill their insurance needs. Available for policies ...
US-based property/casualty underwriter Western Reserve Group has chosen Guidewire's InsuranceSuite, as its new platform for rating, underwriting and policy administration, claims management, and billing. Additionally, the insurer has also ...
Tags: Service
China Eastern Airlines Group, parent of leading Chinese airline China Eastern Airlines Corp. Ltd. (SHSE: 600115 and SEHK: 0670), plans to quit Cathay Life Insurance Co., Ltd. It put a 50 percent stake in the 50-50 joint venture with ...
Tags: Service
Mutual insurer Guardian Life Insurance Company of America has rolled out a new longevity solution, dubbed as life insurance coverage, for long term care (LTC) requirements. Customers buying a Guardian core whole life insurance product ...
Tags: Life Insurance
US-based property/casualty insurer Mutual Benefit Group has replaced its legacy claims system with Accenture Claim Components, to enhance efficiency in handling and paying claims by automating certain claims processes and put sharper focus ...
Tags: Mutual Benefit, Claims Efficiency
Patriot National Insurance Group, workers' compensation insurance services provider, has deployed Vikaran Solutions' WorkersCompExpert (WCE), to address its growing business needs. The new configurable platform has been designed to ...
Tags: Insurance, WorkersCompExpert
BlackBerry's biggest shareholder is reportedly preparing a bid for the troubled smartphone maker. Fairfax Holdings, an insurer run by Toronto, Ontario-based investor Prem Watsa, holds a stake of around 9.9 per cent in BlackBerry, having ...
Tags: Blackberry, Computer Products
JPMorgan Chase and Assurant have agreed to pay $300m to resolve the force-placed insurance charges levied upon them. The lawsuit filed at Miami federal court claimed that both the firms forced homeowners to pay over-priced insurance and ...
Tags: Insurance
Foreign insurance giants have cast eye on the Chinese vehicle insurance market in succession. Hubei Biocause Pharmaceutical Co., Ltd. (SZSE: 000627), a shareholder of Tianping Auto Insurance Co., Ltd., said in a statement on September ...
Tags: Vehicle Insurance, Service
Guardian Life Insurance, a mutual life insurer and a provider of employee benefits, has appointed Caitlin Pincus as senior vice president of Strategy & Guardian Labs and Dean Del Vecchio as senior vice president and chief information ...
Tags: Guardian Life, Insurance
Lancashire Holdings’ proposed plan to acquire Cathedral Capital Limited, a privately owned Lloyd's insurer, in an all-cash deal worth £266m, has been approved by its shareholders. The transaction, originally signed on 7 ...
Tags: Lancashire Holdings, insurer
GuideOne Insurance, an Iowa-based national niche market insurer, has deployed a new claims management system, Guidewire ClaimCenter, which is developed by Guidewire Software. To develop the software, GuideOne teamed with Guidewire ...
Tags: GuideOne Insurance