Pembroke Managing Agency of Ironshore has been granted permission by Lloyd's to manage a new syndicate for the 2014 year of account. Called Acappella Syndicate 2014, the new entity with a £75m stamp capacity is planning to raise ...
Tags: Service
Leavitt Group has merged its three Southern California agencies, including Valley Insurance Service, Leavitt Benefits Insurance Services of Southern California and Pridemark-Everest Insurance Services, to boost operational efficiency. ...
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IVANS Insurance Solutions, a division of software firm Applied Systems, has launched IVANS ALIR Pro Online, a new hosted solution for automobile liability insurance reporting (ALIR). The solution provides carriers with a hosted ...
Tags: Automobile Industry, Insurance
Allianz Group, a Germany-based insurance provider, has reported a 6.3% rise in net profit to more than €1.4bn in the third quarter of 2013 compared with a year ago period. The profit increase was driven by the insurer's property and ...
Tags: Allianz, post, rise, net profit
AMERICAN INSURANCE BENEFITS, announced the launch of a PRIVATE EXCHANGE technology system that provides employers and employees the ability to participate in one of the fastest growing trends in health insurance - Defined Contribution ...
Deland, Gibson Insurance (DG), a Massachusetts insurance agency dedicated to lowering their clients' Total Cost of Risk, announced its appointment with Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned ...
Global multiline property and casualty insurer ACE Group has reported net income of $916m, of $2.66 per share for the third quarter of 2013, up by 43.1% compared to $640m, or $1.86 per share, during the same period last fiscal. ACE ...
Tags: property insurer, casualty insurer
ACE USA has appointed Teresa Black as the new senior vice president & CEO of ACE USA Surety, to lead the underwriting team and develop and cultivate new client and broker relationships. Reporting to Stephen Haney, division president, ACE ...
Tags: Teresa Black, insurance industry
International property and casualty insurance holding company Markel Capital has reached on agreement to purchase Abbey Protection to boost its product range in the UK and improve reach within the country’s retail market. Under the ...
Tags: Markel Capital, Abbey Protection
Fairfax Financial Holdings has completed the acquisition of Bermuda-based specialty insurance company American Safety Insurance (ASI). Under the terms of the transaction, for each common share of American Safety its shareholders will ...
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 ...
New York-based multinational insurance holding company AmTrust Financial Services has inked a contract to acquire the Insco Dico Group, in a transaction worth nearly $85m. Funded through existing working capital, the acquisition is ...
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ACE has received a license from the Tunisian Ministry of Finance to set up its reinsurance operation in the country, which is part of its continued strategy to boost business across Middle East and North Africa (MENA) region. The global ...
Tags: Insurance License
Endurance Specialty Holdings, a Bermuda-based provider of property and casualty insurance and reinsurance, is to expand its Asia Pacific reinsurance business with the addition of its Singapore-based Global Catastrophe Reinsurance (GCR) ...
Policyholder-owned insurer Privilege Underwriters Reciprocal Exchange (PURE) will offer its customised, comprehensive property and casualty insurance with major coverage options to high-net-worth homeowners in Vermont. Compared to ...
Tags: Insurance, casualty insurance