Allianz Life Luxembourg has selected Solfia’s Software as a Service (SaaS) platform as its new middle-office platform, with a strategy to manage the internal funds of its life insurance contracts. The life insurer is planning to go ...
Open GI has appointed Nick Yost as the new head of Insurer Relations team, and will be responsible for driving strategy and growth opportunities from both existing and new Open GI insurer partners. Prior to joining Open GI, Yost served ...
Tags: insurer relations, insurer, GI insurer
Florida’s residential property business writer American Integrity Insurance has teamed up with Wright Flood, to offer flood insurance coverage to its new and existing customers. As per terms of the alliance, which is applicable from ...
A direct provider of non-standard personal auto insurance, Direct General Insurance Group has selected and implemented Guidewire ClaimCenter as its new platform for claims management. Direct General has teamed with Capgemini, a Guidewire ...
Tags: auto insurance, Insurance Group, insurance
Global insurance services provider Clements Worldwide has launched its Dubai office, which the company claims to be its first location in the MENA region. The US insurer manages offices in Washington DC and London, and with the addition ...
British insurer Legal & General has agreed to purchase a 46.5% equity stake in CALA Group (CALA), from Lloyds Banking, in a deal valued at nearly 210m. Based on the term of the agreement, the underwriter will acquire the stake as an equal ...
Tags: insurer Legal, Legal&General, CALA Group
New York-based private equity firm Southport Lane has acquired property and casualty insurer Dallas National Insurance in Texas, for an undisclosed sum. As per terms of the agreement, which was originally signed in May 2012, the acquirer ...
Tags: National Insurance, insurer, Insurance
US insurance holding company WR Berkley has established a new underwriting business, Berkley Fire & Marine Underwriters, to concentrate on inland marine and related property risks regionally and nationwide. The products and services of ...
Tags: WR Berkley, insurance, Fire and Marine Underwriters Unit
The Royal Bank of Scotland Group (RBS) is intending to dispose of 15.3% shares in its motor insurance startup, to boost its capital base ahead of regulators’ deadline. Representing nearly 229.4 million shares, the share sale will be ...
Tags: RBS, shares, motor insurance startup
Few tech industry buzzwords have gotten as vigorous a workout as "big data," but while the hype remains plentiful, it is starting to give way to real-life successes as well as formal ways companies can develop big data strategies, according ...
Tags: Computer Products, software, IDC analysts
Diversified insurance conglomerate Liberty Mutual Insurance is planning to reduce nearly 425 positions in Ireland, due to demand from extra employees for voluntary redundancy. A Liberty spokesman was quoted by Irish Times as saying that ...
Open GI has promoted Tavis Childs from insurer relations executive to insurer relations manager. Childs, in his new role, will be responsible for maintaining relationships with insurer customers and is expected to work closely to secure ...
Government Employees Insurance Company (GEICO), a US motor insurer, has appointed Seth Ingall as the new senior vice president of the company to manage claims home office, staff counsel, communications and the GEICO philanthropic ...
Tags: GEICO, motor insurer, vice president
Life and health insurer Industrial Alliance Insurance and Financial Services has launched a new iPhone application for its group insurance customers. Dubbed IA Mobile, the newly introduced application is designed to let iPhone users to ...
Tags: Life insurer, health insurer, Insurance
Aviva has reported a loss after tax of 3.1bn Euro for the year 2012 compared to a profit after tax of 60m during the same period in 2011, while loss after tax for continuing operations was 202m. The largest driver of the loss was sale of ...