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CSC Extends Digital Insurance Portfolio with Telematics
Jun 20, 2016Computer Sciences Corporation (CSC) announced a new usage-based insurance (UBI) and telematics insurance product that can help insurers price new products based on driving behaviors. The new UBI offering incorporates digital claims, ...
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Australian SME Businesses Active Can Look Forward to Greater Support in Their Activities
Aug 22, 2014Australian SME businesses active in India can look forward to greater support in their overseas activities, following a new agreement between Australia’s export credit agency EFIC and the State Bank of India. The agreement will make ...
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Avalere Health Projects 84 Percent of Final Exchange Are Ultimately Expected to Qualify
Dec 9, 2013As of Nov. 2, far fewer marketplace healthcare insurance applicants applied for federal subsidies than the number eligible, a U.S. analysis showed. The Avalere Health analysis found 30 percent of marketplace healthcare insurance ...
Tags: health insurance, medicine
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Three New Micro-Insurance Products Is Debuted by Allianz in Indonesia
Nov 29, 2013PT Asuransi Allianz Life Indonesia has debuted an assortment of three new micro-insurance policies comprising life, house and health insurance, for low-income people. Allianz Life Indonesia vice president director Handojo Kusuma was ...
Tags: Allianz, Micro-Insurance, Indonesia
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Zurich Insurance Group Is Set to Dispose of Its Remaining 9.4% Stake
Nov 25, 2013Switzerland’s multi-line insurance provider Zurich Insurance Group is set to dispose of its remaining 9.4% stake in New China Life Insurance (NCI) for $943m (£584.7m), to diversify its Asian operations. Zurich plans to ...
Tags: Zurich Insurance, Life Insurance
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UK Life Group Resolution Is Negotiating with Prospective Buyers to Divest Lombard Division
Nov 25, 2013UK-based life insurance group Resolution is, reportedly, negotiating with prospective buyers to divest its Luxembourg-based Lombard division, which markets tax-efficient insurance products to high net-worth individuals. The business that ...
Tags: Life Group, Insurance Business
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Aviva Agrees to Divest 39% Stake in Eurovita Assicurazioni to JC Flowers
Nov 19, 2013UK-based life and general insurer Aviva has embarked on a conditional agreement to divest its entire 39% stake in Eurovita Assicurazioni, to New York-based private equity firm JC Flowers, in a cash transaction valued at approximately ...
Tags: Aviva Agrees, Insurer
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Zurich Insurance Is Planning to Scrap All of Its 700 Life Insurance Agents in Hong Kong
Nov 19, 2013Zurich Insurance, a Switzerland-based multi-line insurance provider, is planning to scrap all of its 700 life insurance agents in Hong Kong by the end of the year, as its focuses to sell insurance products from agents to brokers and ...
Tags: Zurich Insurance, Life Insurance
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New Insurance Product Distribution Service Will Be Introduced by Aequitas Automotive in UK
Nov 19, 2013Aequitas Automotive, a niche insurance provider, is planning to unveil its new insurance product distribution service, BMPro.co.uk online system, in the UK for motor dealers, insurance brokers and affinity partners in the country. ...
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Liberty Mutual Insurance Is Set to Acquire Mexican Surety Company Primero Fianzas
Nov 15, 2013Liberty Mutual Insurance, an American global insurer, is set to acquire Mexican surety company Primero Fianzas from private investor group Grupo Valores Operativos Monterrey. Terms of the deal, which is subject to the receipt of ...
Tags: Liberty Mutual Insurance, insurer
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AHM Financial Insurance Unit Is Getted by AssuredPartners in Missouri
Nov 14, 2013AssuredPartners of Missouri, a subsidiary of insurance brokerage firm AssuredPartners, has acquired all the assets of AHM Financial insurance business for an undisclosed amount. AHM insurance unit, based in St. Louis, offers ...
Tags: AssuredPartners
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A New Policy Will Be Launched by Gard for Ship Managers
Nov 12, 2013Gard, a P&I, marine and energy insurance products provider, is set to launch a new liability policy, which allows ship managers to receive financial protection, claims handling and legal assistance. The launch is in response to ...
Tags: Gard, Ship Managers
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Denmark-Based SIAI Goes Live with Flexsure Providing a Solid Platform for Future Growth
Nov 11, 2013Denmark-based Sirius International Aviation Insurance (SIAI) goes live with FlexSure providing a solid platform for future growth with Solvency II compliance SIAI is a branch of Sirius International, Stockholm which itself is a part of ...
Tags: Insurance, Sirius International
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Two Insurance Brokerages Is Getted by Confie Seguros
Nov 7, 2013Confie Seguros, a rapidly growing national provider of personal lines insurance, announced the acquisition of two additional insurance brokerages: DeFranco Insurance Agency, Inc. of Niagara Falls, NY and Insurance Group of American, Inc. ...
Tags: Insurance Brokerages, Service
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Travelers Has Acquired The Dominion of Canada General Insurance Company From E-L Financial
Nov 5, 2013The Travelers Companies, a US-based P&C insurer has acquired The Dominion of Canada General Insurance Company from E-L Financial, to boost its business operations. The cash transaction was valued at nearly $1.1bn, subject to adjustment, ...
Tags: Insurance, E-L Financial
