Cyber criminals are increasingly targeting small businesses due to their less sophisticated defences, according to a new report from Symantec. Companies with 250 employees or less absorbed 18 percent of targeted cyber attacks in 2011, but ...
Tags: Computer Products, software
Edgewater Technology (EDGW) has signed an agreement with a privately-held company Flexible Architecture, Simplified Technology (FAST) to deliver next-generation process centric policy administration technologies to the insurance industry. ...
US personal lines insurer Allstate has introduced its usage-based insurance device, Drivewise, in additional six states across the US, to help identify and improve driving habits of policyholders by delivering constant feedback. Available ...
Tags: Allstate, Usage-Based Insurance
CONEXIS has rolled out exchange connector and premium aggregation services to assist health plans to deal with implementing their premium-billing and collection services to meet the requirements introduced in the Affordable Care Act (ACA). ...
A unit of Aspen Insurance Holdings Limited (AHL), Aspen Reinsurance (Aspen Re) has established a new division, known as Aspen Capital Markets, to expand its footprint in the alternative reinsurance market. Aspen Re chief executive officer ...
Tags: Aspen Re, Capital Markets
Xchanging's insurance software business, Xuber has officially made its debut in the US market with new commercial property and casualty (P&C) insurance software. The relaunch complements the company's efforts to brings its product ...
Today, Acting U.S. Trade Representative Demetrios Marantis commented on the announcement made by Prime Minister Shinzo Abe of Japan regarding the Trans-Pacific Partnership (TPP): "The United States welcomes Prime Minister Abe's important ...
Tags: Service
Some eight million Brits run an online business from home. Research from Direct Line for Business claims that 5.2 million people in the UK specifically purchase goods to resell, while 2.8 million sell home made products such as greeting ...
Tags: Toys, purchase goods
US-based insurance broker, The Hilb Group (THG) has purchased Engle, Paxson & Hawthorne Insurance Services, (EPH) of Leesburg, Virginia, for an undisclosed sum. Further terms of the transaction have not been disclosed, although the deal ...
Tags: Hilb Group, Paxson&Hawthorne
Property and casualty insurer ACE has established a $95m special purpose vehicle, Altair Re, to offer additional collateralized capacity for its global reinsurance business. The capital will be used to largely support ACE Tempest Re's ...
Tags: ACE, Special Purpose Vehicle
ACE European Group has named John Napier as the new non-executive chairman of two of its key entities, ACE European Group and ACE Underwriting Agencies. The appointment of Napier, who previously has undertaken senior roles within UK and ...
Tags: ACE European Group, appointment
US Managing General Agent (MGA), Johnson & Johnson has selected EagleEye Analytics to provide a comprehensive predictive analytics solution for monitoring its analytics output and results. The company will deploy EagleEye Analytics' Talon ...
Tags: Analytics Tools, Johnson&Johnson
iQual has signed an agreement to provide its ApprovalGUARD service to Radian Guaranty, the private mortgage insurance subsidiary of Radian Group (RDN). The ApprovalGUARD will support Radian Guaranty's borrowers, who recently modified ...
Tags: Radian, iQual, Approvalguard Service
London-headquartered diversified financial conglomerate HSBC is gearing up to offload its general insurance business in Macau, as part of its strategy to get rid of unprofitable businesses across the globe. One of its indirect wholly ...
Canada-based Sun Life Financial and Khazanah Nasional in Kuala Lumpur have completed the acquisition of CIMB Aviva Assurance and CIMB Aviva Takaful after receiving regulatory approvals in Malaysia and Canada. CIMB Aviva Assurance is a ...
Tags: Sun Life, CIMB Aviva