A privately held property/casualty agency, Keystone Insurers Group has expanded its market presence in Georgia with the addition of two new franchise partners. The partners include Boswell Insurance Group of Athens and Ash/Welborn ...
Nationwide Mutual Insurance Company has implemented BAE Systems Detica's Detica NetReveal solution for fraud detection in its Property and Casualty (P&C) business. Detica NetReveal is designed to prevent fraud at the point of policy ...
Tags: insurance, fraud detection, point of policy application
Hanwha Life Insurance, formerly known as Korea Life Insurance, has selected IBM to support its enterprise-wide customer information transformation initiative. IBM will provide a single, comprehensive view of customers and critical ...
Tags: enterprise-wide customer information transformation initiative
French vegetable processor Bonduelle has booked an increase in full-year earnings, with sales growth outside of Europe offsetting weakness on the continent while cost cutting initiatives and lower financing costs boosted the bottom line. ...
Tags: vegetable processor, net income, Bonduelle
Aviva has selected Guidewire PolicyCenter and ClaimCenter as its new underwriting and policy administration solution and new claims management system respectively for its core UK general insurance business. Aviva UK UK General Insurance ...
Tags: Aviva, Guidewire PolicyCenter, ClaimCenter, underwriting
Mercury Insurance Group, a US-based multi-line insurer has selected Guidewire Software's InsuranceSuite as its new underwriting, policy administration, billing and claims management platform. According to Guidewire, the solution was ...
PZU Insurance Group (PZU) has selected Guidewire PolicyCenter and Guidewire BillingCenter for underwriting, policy administration and billing operations. In addition to Guidewire Rating Management, PZU selected Guidewire Reinsurance ...
Tags: PZU Insurance Group, Guidewire PolicyCenter, Guidewire BillingCenter
Aon has introduced a fully probabilistic flood catastrophe model for Thailand, aimed to assist global insurers in better understanding risk management exposures. The new model features improved key drivers for understanding flood risk in ...
Tags: global insurers, risk management, Aon, flood catastrophe model
Quindell Portfolio has expanded its partnership with the law firm Silverbeck Rymer to offer a joint outsourcing personal injury product to the UK claims market. Quindell has also signed a binding agreement to acquire Silverbeck Rymer for ...
Tags: Quindell Portfolio, Silverbeck Rymer, personal injury product, insurance
Symbility Solutions, a wholly-owned subsidiary of Automated Benefits has struck a five year deal with SSQ General Insurance Company, according to which SSQ will integrate Symbility solution into its operations. SSQauto will deploy ...
Tags: Symbility Solutions, Automated Benefits, Symbility solution
Bailed out US insurer American International Group (AIG) is creating hassels to prevent attempts by US homeowners to refinance their government-backed mortgages. AIG is reluctant to automatically waive its right to pursue lenders for ...
Tags: American International Group, government-backed mortgages, underwriter
eBaoTech Corporation and ChinaSoft International have joined hands to offer insurers eBaoTech's advanced insurance software solutions with ChinaSoft's information technology (IT) service offerings. eBaoTech has incorporated ChinaSoft in ...
Tags: insurers, insurance software, life insurance, system integration
Ebix, a supplier of on-demand software and e-commerce services to the insurance industry has acquired TriSystems, a Londoner online insurance trading hub that facilitates commercial insurance and reinsurance transactions between London ...
Tags: Ebix, TriSystems, on-demand software, e-commerce services, insurance
Sprint has rolled out new integrated insurance solutions usage-based insurance (UBI) services designed specifically for the auto insurance industry, which will assist in driver safety, reduce risk and save consumers money. According to ...
Tags: integrated insurance, auto insurance, usage-based insurance, Sprint
Nationwide Life Insurance and some of its affiliates have inked a settle agreement over death benefits case with the Pennsylvania Insurance Department, pursuant to which the underwriter will pay $7.2m to state insurance departments. The ...
Tags: Nationwide Financial, Death Master Investigation, insurance departments