Ydrogios Insurance has selected SAS DataFlux data management technology to automate its data environment for greater business and operational efficiency. The integrated data management platform has been designed to perform data ...
Tags: Ydrogios Insurance, SAS DataFlux, integrated data management platform
French general insurer MAAF Assurances has selected Sigfox's low throughput communications network for its new fire and/or intrusion alert service, MAAF self-monitoring solution. To be provided along with Sigfox network from January ...
Kentucky Farm Bureau has selected Guidewire Software’s BillingCenter as its new billing management system to assist its property and casualty insurer to prepare for future growth and enhance customer experience. The BillingCenter ...
Tags: Kentucky Farm Bureau, billing management system, customer experience
AXA Equitable Life Insurance has kicked off an updated version of its Athena Indexed Universal Life Insurance product (Athena Indexed UL), which offers enhanced policy features and a long-term care services rider. The newly unveiled ...
Tags: AXA Equitable Life Insurance, Life Insurance product, insurance
Switzerland based insurer ACE and its local partner have inked a deal to acquire PT Asuransi Jaya Proteksi in Indonesia for nearly $130m in cash. Commenting on the Indonesian acquisition, ACE vice chairman and chief operating officer John ...
Tags: insurer, ACE, PT Asuransi Jaya Proteksi, life insurance
ACE USA, the retail operating division of property and casualty insurer ACE Group, has appointed Kelley Kinsella as the new senior vice president & regional executive officer for its Midwest Region. Delivering highly responsive services ...
Tags: ACE USA, casualty insurer, ACE Group, Kelley Kinsella
US underwriter MetLife has reported operating earnings of $1.4bn, or $1.32 per share for the third quarter of 2012, up by 47% from $965m, or $0.91 per share during the same period a year ago. For the quarter period ended on 30 June 2012, ...
Tags: MetLife, underwriter, operating earnings, net income
US property-casualty underwriter Mountain West Farm Bureau Insurance has inked a multi-year agreement with Symbility Solutions, pursuant to which the former will deploy the latter's comprehensive suite of products. Under the terms of the ...
Insurance broker Willis Group Holdings has hired Nils Arne Fagerli as CEO of Willis Norway effective immediately. Based in Oslo, Fagerli will report to Adam Garrard, Willis International CEO of Europe. Garrard said, "With a wealth of ...
Tags: Willis Group Holdings, insurance broker, Nils Arne Fagerli
Fairfax Financial Holdings’ RiverStone runoff subsidiary has signed an agreement with Brit Group to buy all the outstanding shares of Brit Insurance Limited (BIL) of London, England for an undisclosed sum. According to the insurer, ...
Tags: Fairfax, subsidiary, BIL, London
Kemper Corporation has reported that its net income for the first quarter of current fiscal declined by 17.6% to $43.6m, or $0.73 per share, compared to a net income of $51.5m, or $0.85 per share during the same quarter a year ago. ...
Aviva is gearing up to dispose more than half its remaining shareholding in Delta Lloyd, the Dutch insurer, in an strategy of its restucturing plan. The UK insurance major said nearly 37 million shares will be disposed at €10.75 a ...
Tags: Aviva, insurance, shareholding, Dutch insurer
France-based insurance firm AXA's plans to re-enter Taiwan insurance market were rejected by Taiwan's Financial Supervisory Commission (FSC). AXA's Bermuda-based insurer had submitted its application to FSC in January 2012 to establish a ...
Tags: Axa, insurance, protection-type insurance, Taiwan insurance market, FSC
ACE USA, the retail operations of the ACE Group, is offering ACE Construction Risk Coverage Form, designed to address the evolving risks and costs related to various types of construction projects. According to the insurer, the new ...
Tags: ACE USA, ACE Construction Risk Coverage Form, insurance solutions
Industrial Alliance Insurance and Financial Services has acquired its subsidiary, Industrial Alliance Pacific Insurance and Financial Services, effective 30 June 2012. As per the merger agreement inked, the former Industrial Alliance ...
Tags: Industrial Alliance, subsidiary, strong financial position