Specialty insurer ProAssurance has reached an agreement to purchase Eastern Insurance Holdings (EIHI), for $24.50 per share in an all-cash transaction valued at nearly $205m. Under the terms of the agreement, which is likely to conclude ...
Tags: Proassurance, Eastern Insurance
Sun Life Financial's US business group has introduced a new Stop-Loss Cancer rider, to help employers better protect themselves and their employees against the costs of cancer treatment. The insurer said that the rider offers an enhanced ...
Tags: Sun Life, Cancer Costs
Auto Pros USA has deployed cheap car insurance quote finder in a bid to enable its customers to get insurer rates immediately for full coverage and liability policies online. The company said that after researching companies the ...
Tags: Car Insurance, Service
Boston-based Liberty Mutual Insurance’s group benefits unit has launched a new online capability for group life insurance beneficiaries, to offer speedy and easy access to important claims documents and information. Using a secure ...
Scottish insurance and financial services firm Borland Group has acquired the former Carlyle Insurance Group’s Kirkcaldy office, in a bid to strengthen its operations in the country. The acquirer did not reveal the transaction ...
Tags: Borland Group, Service
US-based property and casualty insurer Capital Insurance Group (CIG) has introduced three new 2% total premium credits for commercial apartment and condominium lines. The credits include the stovetop fire-prevention, automatic water ...
Tags: Insurance, Capital Insurance Group
Dutch insurer Delta Lloyd Group has entered into an agreement to acquire Belgium-based insurer, ZA Verzekeringen, from Amodo Group, to boost its presence in the country by providing a comprehensive assortment of products. Delta Lloyd ...
Tags: Delta Lloyd, Za Verzekeringen
RACQ Insurance (RACQI), a motor vehicle and household insurance provider, has implemented Guidewire's technologies for underwriting and policy administration, claims management, and billing. Guidewire PartnerConnect alliance member, Ernst ...
Secura Insurance, a regional property and casualty insurance carrier, has implemented Cover-All's new policy administration functionality and Commercial Auto, to boost operational efficiencies, improve risk selection, price based on ...
Securian Financial Group, a US-based financial services holding company, has established a new Voluntary Employee Benefits Group under Minnesota Life Group Insurance, in a bid to enhance its business footprint. The voluntary benefits ...
US-based UPMC Health Plan has inked an agreement with the Centers for Medicare and Medicaid Services (CMS) to offer its health insurance coverage through Qualified Health Plans (QHP) on the Federal Health Insurance Marketplace. Under the ...
Tags: Health Plan, Insurance
SafeAuto Insurance Company has rolled out auto insurance policies in California through a partnership with SCJ Insurance Services, starting from 12 September 2013, expanding its presence in 17 US states. The company forays into one of the ...
Tags: Insurance, Auto Coverage
Religare Health Insurance has signed an insurance distribution agreement with Union Bank of India, whereby it products and services will sold by the bank branches. Union Bank of India executive director SK Jain said, "Union Bank becomes ...
Tags: Insurance, Health Insurance
British insurer Legal & General Group has selected SSP Select Connect for deployment in its general insurance business, to boost efficiency and customer service. The underwriter said that it will integrate SSP Select Connect with its ...
Malaysia-based diversified financial conglomerate CIMB Group is seriously exploring options to divest certain stake in Indonesian life-insurance joint venture (JV), PT CIMB Sun Life, to leverage growth opportunities in Southeast Asia. ...
Tags: Life-Insurance, CIMB Mulls