Global insurance and reinsurance company XL Group's Bermuda Professional Lines Unit has introduced a new Wage & Hour Liability insurance product to help new and existing clients to better manage their risks from employee compensation and ...
Global insurance and reinsurance company XL Group has named Valérie Devaux - Piquer as the new casualty underwriting manager, Europe, Reinsurance, effective from 1 September 2013. Based in Paris, France, she will succeed Dieter ...
Segal Select Insurance Services has completed acquiring Broker of Record rights to certain bonds of fiduciary liability and fidelity bond business from A&R Associates. Segal Select chief operating officer Brian Smith said that the ...
Bermuda-based Enstar Group (ESGR) has signed definitive agreements with Arden Holdings to acquire Atrium Underwriting Group and Arden Reinsurance Company for approximately $183m and $79.6m respectively. Enstar CEO Dominic Silvester said, ...
Tags: Enstar, Arden Reinsurance
CastleLine has signed a strategic agreement with Arthur J. Gallagher Risk Management Services to offer a suite of innovative products and services to mortgage industry customers. As part of the agreement, the companies will leverage their ...
Hub International Mountain States, a subsidiary of insurance brokerage firm Hub International, has completed acquisition of the assets of Beartooth Insurance for an undisclosed sum. Located in Montana, Canada, Beartooth Insurance is a ...
Washington-based western-regional surplus lines brokerage and managing general agent (MGA), Cochrane & Company has completed acquisition of Prowest Insurance Services for an undisclosed amount. As part of the transaction, Prowest will ...
Tower Group International (TWGP) has inked a deal to purchase American Safety Reinsurance (ASRe), the Bermuda-based reinsurance firm, from Fairfax Financial, at a total consideration of nearly $59m. After completion of the transaction, ...
Tags: Tower Group, Fairfax Financial
IT services and solutions provider Discoverture Solutions has partnered with MphasiS to jointly provide property & casualty (P&C) implementation services to customers in North America and worldwide. Headquartered in Scottsdale, Arizona, ...
New York City-based private equity company Southport Lane has acquired Imperial Management Corporation along with its subsidiary, Imperial Fire & Casualty, in an all-cash transaction. Headquartered in Louisiana, US, Imperial Fire & ...
Tags: insurance, Southport Lane
New York-based Utica National Insurance Group (Ultica) has deployed MajescoMastek's STG billing system on a private cloud to improve its customer experience. Replacing its 30 year old traditional billing system, STG billing solution will ...
American International Group (AIG) and People’s Insurance Company (Group) of China (PICC) and PICC Life Insurance have signed a joint venture (JV) agreement to set up an agency distribution company in China. The US insurer invested ...
Singapore-based privately held insurance broker Lockton has appointed Angel Kuan as the new development director of its Global Technology and Privacy Practice Under her new role, Kuan will primarily be responsible for the development of ...
Tags: Lockton, Development Director, Service
US-based independently owned insurance brokerage Oswald Companies has purchased McManamon Financial Services, an Ohio-based company specializing in group benefits insurance, as part of its continues growth and expansion strategy. ...
Global insurance and reinsurance provider XL Group has established a new Global Programs Center of Excellence to ensure its global programs and services continue to address the changing requirements of customers and brokers worldwide. The ...
Tags: XL Group, Global Programs Center