Mutual of Omaha, a US-based insurance company, has unveiled a new Critical Illness insurance product that allows employers to extend their benefits coverage, while providing employees with added protection for critical illness. Providing ...
Tags: Insurance, Mutual of Omaha
American Family Insurance has inked an acquisition agreement to purchase direct homeowners insurer Homesite Group for approximately $616m. Headquartered in Boston, Homesite is a direct writer of homeowners, renters and condominium ...
Tags: Insurance, Homesite Group
SCOR Global Life Americas (SGLA), a reinsurance solutions provider, has appointed Scott Boug as senior vice president for Financial Solutions and deputy head of SCOR Global Life Financial Solutions. Scott will lead the structuring ...
Ashgrove Insurance, a UK-based independent general insurance broker, has acquired Lloyd Howard Insurance Services for an undisclosed amount. Founded in 1920s, the Manchester-based broker Lloyd Howard has a gross written premium worth over ...
Tags: Insurance, Ashgrove Insurance
Online business insurance broker Simply Business has selected Microsoft SQL Server 2012 Enterprise to replace Oracle Transactions to enable it to better respond to customer insight by analysing metrics and interactions from its website. ...
Tags: software, Computer Products, Microsoft
Radian Guaranty, a mortgage insurance subsidiary of Radian Group (RDN), has inked a master transaction agreement related to a group of 25,760 first-lien mortgage loans held by Freddie Mac. Freddie Mac became delinquent as of 31 December ...
Tags: Radian Guaranty, insurance
Swiss insurer Helvetia Group has posted a net income after tax of CHF179.4m ($192.7m) for the first half of 2013, an increase of 13.4% compared to CHF158.2m ($170m) for the same period last year. The company's business volume grew by 4.7% ...
Tags: insurer, Helvetia Group
Insurance products and services provider Randall & Quilter Investment Holdings has closed the acquisition of the entire issued share capital of Woodcroft Insurance Company. Woodcroft, which has been captive insurer for John Laing, wrote ...
MA Assist, a UK-based provider of claims handling services for property insurers, is set to launch its new home insurance claims service, called Resilution on 2 September 2013. The new customer-centric service links an insurer's home ...
Tags: Home Insurance, property insurers
Chubb Insurance Company of Canada has enhanced its Canadian Masterpiece personal insurance offering, to allow its customers to personalize their insurance policies by selecting from an array of enhanced products and new optional coverages. ...
Tags: Insurance, Chubb Insurance
UK-based LV= Broker has launched an improved motorcycle insurance policy with wider coverage and enhanced underwriting to cover bikes with 600cc engines, as part of its plan to enhance its market position in the country. The new Highway ...
Netherlands-based financial conglomerate ING has inked an agreement with Seoul-based private equity firm MBK Partners, to divest its South Korean insurance business, in a transaction valued at nearly KRW1.84trn (€1.24bn). Following ...
Tags: Insurance, MBK Partners
India-based private cReliance Life is looking to ink a bancassurance pact to distribute its array of insurance products and services in the country as well as offer a minority 5%stake in the company. The underwriter is seeking a suitable ...
Tags: Reliance Life
Multi-line property and casualty insurer ACE Group is offering a new comprehensive foreign package, named ACE Educators International Advantage Edge, to address risk management and insurance needs of education industry clients who travel ...
Tags: Education Industry Clients, ACE
Health insurer Geisinger Health Plan (GHP) has deployed hCentive’s exchange integration and private exchange solutions to offer single sales portal. The insurer deployed cloud-based WebInsure Exchange Manager solution to manage its ...
Tags: insurer, health plans