AMI Insurance, a subsidiary of global underwriter IAG, has implemented Exigen's policy administration, billing and claims technologies for motor vehicle lines of business, with an aim to boost its operational efficiency. The ...
Shriram General Insurance (SGI), the non-life insurance subsidiary of Shriram Capital, and its South African partner Sanlam, are mulling over acquiring non-life insurance operations in Asia, including Malaysia, Indonesia, Vietnam, and ...
Tags: General Insurance, Insurance
British insurance and pensions company Legal & General Group (L&G) has tabled a bid to acquire Co-operative Group’s home insurance business. L&G has expressed interest to purchase Co-Operative's household book and not its motor ...
Tags: insurance, Home Insurance Business
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
Online motor insurance provider Esurance has launched a new product that covers scooters, dirt bikes, golf carts, snowmobiles, Segways as well as motorcycles in Wisconsin, US. The new product offers a unique option that pays rider the ...
Tags: Motorcycle Insurance, Wisconsin
Multinational quoted insurance group RSA Insurance has been appointed by Police Mutual to write its home insurance product, marking an extension of their 20-year partnership on motor insurance. RSA personal lines broker affinity ...
Tags: Insurance, Service, motor insurance
General insurance provider AXA has agreed to acquire 50% shareholding in Chinese property & casualty insurer Tian Ping Auto Insurance Company (Tian Ping), for a total consideration of €485m. As part of Ambition AXA strategy, the deal ...
Tags: insurance provider, insurance
New York-based private equity firm, Aquiline Capital Partners has completed the purchase of Equity Insurance Group from Insurance Australia Group. Based in the UK, Equity Insurance is one of the ten largest motor insurance syndicate at ...
Tags: Aquiline Capital, Equity Insurance
The Royal Bank of Scotland Group (RBS) is intending to dispose of 15.3% shares in its motor insurance startup, to boost its capital base ahead of regulators’ deadline. Representing nearly 229.4 million shares, the share sale will be ...
Tags: RBS, shares, motor insurance startup
The Gulf Insurance Federation has approved a preliminary draft to launch a single motor insurance policy in the GCC region, which is expected to be introduced before the end of 2013. The technical committee of the federation head Mohamed ...
Tags: Gulf Insurance, insurance policy, insurance
Covéa Insurance has extended its risk management partnership with RiskSTOP, an independent risk control service provider, for an additional three years. As part of the extension, RiskSTOP will continue to conduct site surveys and ...
Tags: RiskSTOP, Covea Insurance, risk management
Junction, the insurance affinity arm of the BGL Group, has signed an agreement with RAC to continue management of motor insurance for its new and existing customers. As part of the agreement, the existing platform will be used to maximize ...
UK's motor insurance distributors Kwik-Fit Insurance has introduced a new insurance product for learner drivers, aimed to reduce the cost of cover while driving on a provisional license. Designed especially for drivers still sporting 'L' ...
Tags: insurance product, learner drivers, Service, Kwik Fit
UK-based private motor insurer, 1st Central, has introduced a new cost-effective motor breakdown product to provide breakdown insurance coverage for car owners across the UK. Dubbed Simply Rescue, the newly launched entry level solution ...
Tags: UK-based, First Central, car owners
Insurance firm Amlin has returned to profit after a major loss suffered in 2011 due natural disasters, such as Japanese tsunami, New Zealand earthquake and flooding in Thailand that affected the company to large extent. The company saw ...
Tags: Amlin, natural disasters, pre-tax profits soar, insurer