Arthur J Gallagher & Co, an Illinois-based insurance brokerage and risk management services firm, is gearing up to acquire Bollinger, a New Jersey-based brokerage firm with over $100m in revenue. Sources close to the deal were quoted by ...
Washington-based western-regional surplus lines brokerage and managing general agent (MGA), Cochrane & Company has completed acquisition of Prowest Insurance Services for an undisclosed amount. As part of the transaction, Prowest will ...
Boyd Group has announced that has effectively acquired a majority ownership and controlling interest in the retail auto glass business of Glass America, which operates 61 retail auto glass locations across 23 U.S. states under the trade ...
Tags: Boyd Group, Glass Centres
Tower Group International (TWGP) has inked a deal to purchase American Safety Reinsurance (ASRe), the Bermuda-based reinsurance firm, from Fairfax Financial, at a total consideration of nearly $59m. After completion of the transaction, ...
Tags: Tower Group, Fairfax Financial
MajescoMastek, a core insurance systems and services provider to P&C and Life insurance carriers in North America, has launched an enhanced version of STG Policy Administration (STG Policy) at the IASA Educational Conference and Business ...
Tags: STG Policy, MajescoMastek
IT services and solutions provider Discoverture Solutions has partnered with MphasiS to jointly provide property & casualty (P&C) implementation services to customers in North America and worldwide. Headquartered in Scottsdale, Arizona, ...
New York City-based private equity company Southport Lane has acquired Imperial Management Corporation along with its subsidiary, Imperial Fire & Casualty, in an all-cash transaction. Headquartered in Louisiana, US, Imperial Fire & ...
Tags: insurance, Southport Lane
Genworth Financial has debuted its first Index Universal Life (IUL) insurance product, which integrates a death benefit with tax-deferred cash accumulation and an optional Accelerated Benefit Rider for Long Term Care Services. With a ...
Tags: Life Insurance, Genworth Financial
The Wuhan branch of Industrial Bank (SHSE: 601166), together with United Investment Group and Ping An Bank (SHSE: 000001), co-sponsored a CNY 5 billion insurance fund for Hubei Province's intercity rails, the largest such a fund in the rail ...
Tags: Industrial Bank, Intercity Rails, Construction, Decoration
Reality estate has been one of the most significant drivers of the economy for many years. No country can grow without infrastructure; it paves the way for newer business. One cannot imagine the completion of any plan related to ...
Tags: Reality estate, Service
Global risk advisor, insurance and reinsurance broker, Willis Group's Maryland subsidiary has completed acquisition of accounts and certain personnel formerly associated with Maryland-based employee benefits insurance broker T.E. Burke & ...
Tags: risk advisor, Willis Group
Allianz Global Assistance and RacePartner have jointly launched Registration Protector, a race registration insurance aimed to protect registration fees for event organizers and participants. RacePartner co-founder Robert Anderson said ...
Tags: Racepartner, Allianz
FCT Group has signed a ten-year partnership agreement with Nationwide Appraisal Services (NAS) to offer an efficient, low cost, end-to-end solution extending between valuation and closing services to the customers. FCT Lender Services ...
International Kanbawza Insurance (IKBZ) has started offering new insurance services in Myanmar and is writing six different types of coverage, including life, fire, surety bonds, transportation, cargo and money secure. Kanbawza Group ...
One year after relaxing its motorcycle helmet law, Michigan has seen a 22 percent rise in medical insurance claim costs associated with cycle crashes. The data is clear: When helmets are off, injuries and death increase. The average ...
Tags: Motorcycle Injury, Michigan, Helmet Law