MetLife has appointed John Hele as its new executive vice president and chief financial officer, effective from 04 September 2012. Hele, who holds more than 30 years of broad financial services and insurance industry experience, will ...
Tags: MetLife, John Hele, executive vice president, insurance
Susquehanna Bancshares has selected Capital BlueCross to serve as its health insurance provider. Under the three-year contract, which follows previously signed 12 year agreement, the company will continue to offer health coverage to 4,900 ...
Tags: Susquehanna Bancshares, Capital BlueCross, health insurance, insurance
Illinois-based insurance brokerage Arthur J. Gallagher & Co. (AJG) has completed the purchase of VEBA Service Group, a Spokane-based health reimbursement arrangement (HRA) consulting firm. As part of the acquisition, VEBA general manager ...
Tags: AJG, purchase VEBA Service Group, health insurance, insurance
Marsh & McLennan Agency (MMA), a subsidiary of insurance broker Marsh, has acquired Security Insurance Services for an undisclosed amount. According to the underwriter, acquisition of Security Insurance Services will enable it to expand ...
Tags: MMA, Marsh, Security Insurance Services, acquisition, insurance
Ruukki Construction is to initiate employer-employee negotiations to improve operating efficiency. The negotiations affect a total of 324 employees in operations at the Vimpeli and Alajärvi plants, the building components and ...
Tags: steel, construction, building components, residential roofing
US-based financial services company, CBIZ has completed acquisition of a Texas-based insurance broker Stoltz and Company, effective from 01 July 2012. The transaction is expected to amount to $3.2m in annualized revenue, along with 13 ...
Tags: CBIZ, acquisition, Stoltz and Company, transaction, insurance
Ford of Europe is developing a new virtual factory to simulate assembly line production processes to reduce costs and enhance efficiency. Ford said that the new factory will allow the company's engineers to work collectively on ...
Tags: Ford, virtual factory, efficiency
Research tends to either confirm hypotheses or reveal surprises. In the case of a recent study conducted by Vanson Bourne on behalf of Intermec, it was a little of both. The survey base of 250 supply chain, warehouse and distribution ...
Tags: cost savings, chain, warehouse, distribution
Hub International has named Joseph Hyde as the chief financial officer (CFO) of the firm effective from 15 August 2012, who will report Martin Hughes, chief executive officer. Martin Hughes said, "Given Joe's extensive financial and ...
Tags: Hub International, Joseph Hyde, CFO, insurance, insurance company
Sun Life Financial's US business group has signed an agreement with benefitsCONNECT to help expand its online enrollment capacity in group and voluntary benefits programs. As part of the agreement, the brokers and HR executives who offer ...
Tags: Sun Life Financial, CONNECT, online enrollment, benefits program
Marsh & McLennan, an insurance brokerage and risk management firm, has purchased Eidson Insurance, a $3.4m revenue property/casualty and employee benefits agency, expanding its presence into Central Florida. Pursuant to the terms of the ...
Tags: insurance brokerage, risk management, Eidson Insurance, employee benefits
Toronto Dominion Bank has disposed its US insurance subsidiary to USI Insurance Services, a middle-market brokerage firm owned by Goldman Sachs Capital Partners, for an undisclosed amount. The bank cum underwriter said that it sold the US ...
Tags: Toronto Dominion Bank, USI Insurance Services, dispose, insurance
IDG News Service-Japan's space agency said Friday that sensitive information on a new long-range rocket project may have been stolen by a computer virus. The Japan Aerospace Exploration Agency,or JAXA,said it found evidence that a single ...
Tags: space agency, Virus, Space Rocket Data, Japan
Univest Corporation and its insurance subsidiary, Univest Insurance has bought Javers Group, which offers comprehensive human resource management, payroll and administrative services. The acquisition of Javers will enable the underwriter ...
Tags: Univest Corporation, Javers Group, acquisiton, human resource management
CIGNA & CMC Life Insurance, a joint venture between CIGNA and China Merchants Group, has introduced a new health insurance product to provide high quality health coverage in China. Dubbed Pearl Plan, the product further expands the ...
Tags: insurance, health insurance, insurance service, insurance product