A wholly-owned subsidiary of Bermuda-based Enstar Group (ESGR) has acquired HSBC Insurance Company of Delaware and Household Life Insurance Company of Delaware as well as its three subsidiary insurers from Household Insurance Group Holding ...
Property and casualty insurance provider, the Hanover Insurance Group (THG), has introduced a new billing system, to offer convenience and flexibility in the billing process, while enabling agents to boost customer relationships. The US ...
Canadian mutual insurance firm Wawanesa Mutual Insurance Company has chosen Guidewire’s PolicyCenter and BillingCenter as its new underwriting and policy administration technology and to manage its billing operations, respectively. ...
Tags: Wawanesa, Guidewire Technologies, Insurance Operations
Property damage restoration company PuroClean has signed a multi-year agreement to integrate Symbility's Claims Connect, a property and casualty claims workflow management solution, into its operations. PuroClean will deploy Claims ...
Tags: PuroClean, Mobile Claims
Property and casualty insurer ACE has acquired Fianzas Monterrey in Mexico, a surety lines company, from New York Life Insurance for nearly $293m in cash. Originally inked in September 2012, the transaction was successfully completed ...
Great American Insurance Group has introduced new professional liability division to offer Errors and Omissions (E&O) liability insurance coverage across the nation excluding Louisiana, Alaska and Hawaii. Based in the New York area, the ...
Tags: Great American Insurance, Liability Division, Insurance
Munich-based insurer Allianz has inked an agreement to acquire Turkish property and casualty underwriter Yap Kredi Sigorta including its life and pension subsidiary Yap Kredi Emeklilik, in a deal valued at TRY1.6bn (€684m). ...
Canada-based Workplace Safety and Insurance Board (WSIB) has selected Guidewire InsuranceSuite solution for rating, underwriting, policy administration, billing, and claims management. WSIB will deploy InsuranceSuite to increase customer ...
Tags: Insurance Board, WSIB, Insurance
US-based non-standard auto insurance products provider, Personable Insurance has selected iPartners' Business Intelligence & Data Warehouse Solution to support its rapid growth. Selection is based on the solution's ease-of-use and quick ...
Tags: intelligence solution, auto insurance products, auto insurance
Systema Software has introduced an advanced business intelligence module for the SIMS Claims next-generation browser-based property and casualty (P&C) claims administration system. Dubbed SIMS Insight, the newly launched module delivers ...
Tags: insurance industry, insurance, Business Intelligence Module
ACE USA, the US-based retail operating division of property and casualty insurer ACE Group, has launched Foreign Casualty Pollution Liability coverage endorsement for its clients. The new endorsement offers borderless international ...
Tags: ACE, insurer ACE Group, insurance
Caixa Seguros, a Brazilian subsidiary CNP Assurances, has signed an agreement to purchase 70% of the outstanding shares of Previsul, for a sum of BRL70m (€27m). Acquisition of Previsul, a Porto Alegre-based life insurance specialist, ...
Tags: health insurance, insurance, life insurance
Symbility Solutions has inked a strategic partnership agreement with Weather Fusion to help their mutual customers view and archive hail reports directly within Symbility Mobile Claims software. As part of the agreement, Weather Fusion ...
Tags: hail claims, Symbility Solutions, Weather Fusion, Insurance Companies
LifeMap Assurance has selected Wynsure software as its full policy administration and claims platform for group life, disability, dental insurance and individual products. Developed by MphasiS-Wyde and equipped with multi-language, ...
Hong Kong reinsurer, Peak Reinsurance (Peak Re) has selected AIR Worldwide's catastrophe modeling solutions to manage its catastrophe risk in the Asia-Pacific market. Equipped with a comprehensive catalog of simulated storms, the ...