The Australian sharemarket has closed higher, with investors encouraged by the recent strength of global markets. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had risen 53.8 points, or 1.11 per cent, to 4889.0 points - its highest ...
Hagerty Insurance Agency, a vehicle insurance provider, is implementing Insuresoft's Diamond Claims system to enhance its claims processing capabilities. Built on Microsoft's modern .NET platform, Diamond Claims is expected to help the ...
Tags: Hagerty Insurance Agency, insurance provider, Diamond Claims system
CloudInsure has signed an agreement with privately owned, independent (re)insurance broker Lockton, to provide risk management solutions for clients exposed to hazards associated with Cloud technologies. Under the terms of the agreement, ...
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Aon Benfield has unveiled a new weather reinsurance product, WExcess, intended to mitigate adverse weather losses for UK insurers. Developed in collaboration with reinsurer Swiss Re and weather risk management specialists CelsiusPro, the ...
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UK-based underwriting subsidiaries of Catlin Group Limited (CGL) have rolled out a new terrorism insurance product UK Asymmetric, which includes unique crisis response services as well as coverage for chemical, biological, radiological and ...
Key Insurance Company is set to implement Accenture Duck Creek Rating property and casualty (P&C) policy software, to support their product development and expansion activities across the US. The user interface configuration tool is ...
SCOR Global Life Americas has appointed Francisco de Toledo Neto as the new president of its Brazilian operations, SCOR Life Brazil, to tap the growing business opportunity of life-health reinsurance market in the country. Toledo joins ...
Tags: life health reinsurance market, reinsurance market, primary insurers
Minneapolis-based mutual holding company Constellation has been launched to help the physician-owned medical liability companies collaborate for common benefit. Originally established by Midwest medical liability company (MMIC), ...
Tags: Constellation, edical liability, MMIC, insurers
Towers Watson has introduced an upgraded version of its ResQ reserving software for property & casualty (P&C) insurers. Dubbed ResQ 3.7, the newly released software features performance and scalability enhancements specifically for large ...
Tags: Towers Watson, upgraded version, ResQ reserving software, P&C insurers
Claims technology provider Symbility Solutions has entered into a strategic partnership with Johannesburg based Digicall Solutions, to expand its mobile claims platform in South Africa. Operating since 2003, Digicall consists of seven ...
The insurance industry is looking at the possible effects of space weather on the world’s electronic systems. The issue arises, say the insurers, because space weather goes in 11 year cycles and severe events are expected in early ...
Canada-based Sun Life Financial and Malaysian investor Khazanah Nasional are planning to acquire life insurer CIMB Aviva in Malaysia, in a deal valued at MYR1.8bn ($596m). Both firms will jointly purchase 98% of the life insurer in order ...
Tags: life insurer, CIMB Aviva, financial services markets, insurance company
Everest Re Group has established a new Bermuda domiciled special purpose reinsurer, Mt. Logan Re, to provide collateralized capacity to the worldwide property catastrophe reinsurance market. With an initial funding of $50m, the company ...
Tags: reinsurer, reinsurance market, Everest Re, reinsurance marketplace
A privately held property/casualty agency,Keystone Insurers Group has expanded its market presence in Tennessee with the addition of 19th franchise partner,Raborn Insurance Agency. Tennessee-based Raborn Insurance Agency offers both ...
Tags: Keystone Insurers Group, New Partner in Tennessee, expanded its market
National Windscreens, one of the largest independently owned auto glass repair and replacement specialists in the U.K., has announced its projection for major sales in 2013. "There's no denying that we are operating in a fiercely ...
Tags: Windscreens, National Windscreens, glass repair, glass