Dutch insurer ING's US unit has inked a $330m deal with Cognizant, pursuant to which Cognizant will expand the business process management contract between the two companies. According to the terms of the deal, Cognizant will hire over ...
Tags: Dutch insurer ING, Cognizant, insurance
Canada-based insurance provider, Intact Financial Corporation has implemented Guidewire ClaimCenter as its new solution to manage all of its commercial and personal lines' claims. Intact Financial Corporation Claims senior vice president ...
Tags: insurance, Intact Financial Corporation, Guidewire ClaimCenter
Assurant has unveiled a new insurance solution for commercial solar project developments with an aim to assist developers to mitigate risks and support project financing. The new product, suitable for 100KW to three megawatts solar ...
Tags: insurance solution, project financing, property insurance
US based insurer Appalachian Underwriters (AUI) has set up an alliance with GlobalOptions to serve as its Special Investigations Unit (SIU) provider. Under the new agreement, GlobalOptions will offer as the SIU provider handling ...
Tags: insurer, Special Investigations, Appalachian Underwriters, GlobalOptions
Health insurer Life Insurance of North America (LINA) will pay over $1.7m to consumers and the Commonwealth, The Massachusetts Attorney General Martha Coakley has announced. The insurer was accused to sell its cancer and surgical ...
Tags: LINA, marketing of insurance, Commonwealth
Physicians Insurance has purchased the EMPAC and SCRUBS risk retention group management companies, to strengthen its footprint in the US alternative risk financing platform. The transaction also adds new expertise to core competency of ...
Tags: insurance products, Physicians Insurance, financing platform
Life and business underwriter Erie Insurance has named Brad Postema as senior vice president and chief investment officer. The US insurer stated that Postema will be responsible for the investment planning of Erie Insurance Exchange, its ...
Nationwide Life Insurance and some of its affiliates have inked a settle agreement over death benefits case with the Pennsylvania Insurance Department, pursuant to which the underwriter will pay $7.2m to state insurance departments. The ...
Tags: Nationwide Financial, Death Master Investigation, insurance departments
Malta based underwriter GlobalCapital has deployed BSB's Solife software to administer its full range of life insurance portfolio, in a bid to offer better services to the customers, while improving business efficiency. With the launch of ...
Tags: GlobalCapital, BSB, insurance business
US based The Doctors Company and Utah Medical Insurance Association (UMIA) have inked a merger agreement, in accordance with which the former will acquire the latter through its wholly owned subsidiary, Underwriter for the Professions ...
SBI Insurance is all set to deploy a new core system suite Guidewire InsuranceSuite, which will maintain the complete range of general insurance business processes, while enhancing its service offerings. According to Guidewire Software, ...
Tags: SBI Insurance, new core system suite, Guidewire InsuranceSuite
US mutual insurer of automobiles Amica Mutual Insurance (Amica) has chosen Guidewire Software's BillingCenter as its new billing management system for all of its lines of business in all states of US. The company has already been ...
Property and casualty insurer ACE has named Luc Reuter as senior vice president and head of Surety, Europe, as it expands its international surety capabilities into Continental Europe region. Based in Frankfurt, Luc will develop and ...
Tags: property and casualty insurer, ACE, Luc Reuter, senior vice president
Assured Guaranty (AGO), a bond insurer, has expanded its municipal bond insurance team with the appointment of three new members to its US public finance team. Chris Chafizadeh has been appointed as US public finance team managing ...
CNA, the National Program Underwriter for the American Institute of Certified Public Accountants (AICPA) Member Insurance Program has selected Clyde Takahashi Underwriting consulting director for its accountants professional liability ...