Broker-sourced specialty property and casualty insurance coverage provider Ironshore has completed acquisition of a managing general underwriter, Excess Risk Reinsurance (ERR), for an undisclosed amount. As part of the acquisition, ERR ...
Marsh & McLennan Companies has reported an operating income of $1.8bn, for the full year of 2012, with an increase of 12% from $1.6bn during the same period last fiscal. For the year ended on 31 December 2012, its revenue increased 3% to ...
American International Group (AIG) has rolled out its latest CorporateGuard D&O policy on the pan-European basis, which offers protection against current risks to directors and officers, as well as fulfills growing corporate governance ...
California-based national insurance distribution company Confie Seguros has acquired the Cannello Agency in Niagara, New York and Moose Insurance in Oakland, Florida, in a bid boost its geographical presence. Commenting on the ...
The Charles Schwab has introduced a new Schwab Retirement Income Variable Annuity (SRIVA) to provide guaranteed income stream, investment diversification, and professional guidance for investors. The SRIVA helps to generate guaranteed ...
Tags: insurance services, income guarantee option, insurance
CRES Insurance Services (CRES) has implemented Oceanwide's Bridge cloud-based insurance processing application to manage all lines of business that it currently underwrites. Bridge is a mobile web-based suite of modules designed to ...
Professional liability insurance services provider AmerInst has added security incident and identification theft extension endorsement to its Protexure Accountants' professional liability insurance program. AmerInst Professional Services ...
WNC First Insurance Services has implemented Specialized Business Software’s (SBS) X12 EDI software solution and reduced the insurance policies process time by 90%. WNC First Insurance Services chief operating officer Jim Sigafoos ...
Tags: WNC First Insurance Services, SBS, software
Barclays Pingit has been named in the App Store Best of 2012 list in the UK by Apple. The ground-breaking mobile payments app was selected from thousands in the Apple store for recognition in the awards' 'Disruptive Services' section, ...
Tags: Barclays Pingit, App Store, apps
Towergate Insurance has successfully completed the acquisition of insurance broker Speake Medley (Commercial Insurance) and Woodside Insurance Service's general insurance business. CCV has also procured an additional 45% shareholding in ...
Tags: Towergate Insurance, insurance broker, Insurance Services
Aetna has introduced a new programme to offer individual health insurance plans to Costco members in California, US. Aimed to meet Costco member's needs, the Costco Personal Health Insurance program involves five plans such as broad major ...
Commercial lines writer W R Berkley has established a new underwriting firm, Berkley Southeast Insurance Group, to offer commercial insurance services and expertise in six southeastern states in the US. Based in Atlanta, Georgia, the new ...
Tags: Insurance Group, underwriting firm, insurance products
US-based underwriter NexTier Insurance Services has acquired Armstrong Insurance Services, for an undisclosed sum. Based on the term of the agreement, former owners of Armstrong Insurance Alan Bowser and John Armitage will work with ...
UK-based underwriter Rothesay Life has signed a pound 115m bulk annuity insurance agreement with Western United Group Pension Scheme, to cover a portion of the pension liabilities associated with Vestey Group's pension scheme. The ...
Tags: Rothesay Life, bulk annuity insurance agreement, Western United Group
US-based member owned financial cooperative firm North Carolina State Employees’ Credit Union (SECU) has launched its new business unit known as SECU Life Insurance Company. The insurance firm, which was set up with an initial ...
Tags: life insurance company, life insurance, insurance firm