Vertex has introduced an innovative solution, dubbed VTXtabletalk, to support maintenance of legacy mainframe table insurance systems. VTXtabletalk is a business-driven, user-friendly technology designed to automate the monthly mainframe ...
Tags: Vertex, innovative solution, VTXtabletalk
PVI Sun Life Insurance has received regulatory approval from both Vietnam and Canada regulators to operate its life insurance business in Vietnam. Set up as a joint venture (JV) between PVI with 51% stake and Sun Life Assurance Company of ...
London based underwriter Aviva has selected Khor Seng as the new CEO of Aviva Asia, effective from 8 March 2013, to expand its businesses in the region. Seng, who joins the British insurer from AIA, will be based in Singapore and report ...
Principal Financial Group has launched two universal life products, namely Principal Universal Life Flex II and Principal Universal Life Accumulation II, to help meet the protection needs of individuals and small-to medium-sized business ...
Tags: Principal Financial Group, universal life products, insurance
Dutch financial conglomerate ING has agreed to dispose of its 26% stake in Indian joint venture (JV), ING Vysya Life Insurance Company, to its partner Exide Industries, for an undisclosed sum. As part of a previously disclosed divestment ...
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
Pan-American Life Insurance Group (PALIG) has launched its operations in Mexico with an initial investment of $4m for first two years, aimed to provide superior service and exceptional value to distributors/producers and clients. Under ...
Tags: PALIG, Life Insurance, Mexico
Supplemental health insurance provider Aflac has introduced enhanced short-term disability insurance plan for customers in California, US. The newly introduced policy offers a guaranteed-issue option and includes new benefits features, ...
EquiTrust Life Insurance has teamed up with InsurMark to distribute its competitive suite of annuity and life products to independent agents. InsurMark president Steve Kerns said, "EquiTrust offers one of the best portfolios on the ...
US-based member owned financial cooperative firm North Carolina State Employees’ Credit Union (SECU) has launched its new business unit known as SECU Life Insurance Company. The insurance firm, which was set up with an initial ...
Tags: life insurance company, life insurance, insurance firm
Prudential Group Insurance has named Cathy Liston as the chief operating officer of disability business unit to oversee all disability claims and absence management, and related support functions. Before joining the insurance company, ...
US-based Protective Life Insurance Company has rolled out an assortment of guaranteed universal life insurance products, in a bid to offer simple and affordable life insurance policies to its customers. The product suite includes Custom ...
Tags: Protective Life Insurance, guaranteed universal life insurance products
Canada-based diversified financial services company Western Financial Group (Western) has acquired First Insurance Agencies, for an undisclosed sum. The latest acquisition, which represents the third takeover in Vancouver Island in the ...
Canada's life and health insurer, Industrial Alliance Insurance and Financial Services is planning to add the new Pooled Registered Pension Plan (PRPP) to its offerings as soon as it is launched by the federal government. Addition of PRPP ...
Tags: pension plan, health insurer, Insurance, Financial Services
Nationwide Financial has increased joint payout rates for The Nationwide Lifetime Income Rider () on its Nationwide Destinationsm Series 2.0 variable annuities. With a joint option, the lifetime payout rates will increase by 0.25% for ...