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Brown & Brown agrees to acquire Beecher Carlson Holdings US-based independent insurance intermediary Brown & Brown has signed an agreement to purchase Beecher Carlson Holdings from Austin Ventures, FSPM and a group of individual employee and non-employee equityholders. News
Trident, McGowan Companies team up for public entity insurance program By IBR Staff Writer
Argo Group International subsidiary Trident Insurance Services has signed a partnership agreement with The McGowan Companies, a provider of specialized insurance solutions, to provide access to its public entity insurance program in Pennsylvania.
News MSB partners with Weather Fusion for pre-existing hail damage identification By IBR Staff Writer
Marshall & Swift/Boeckh (MSB) has signed a strategic partnership agreement with Weather Fusion to help insurance carriers to proactively identify pre-existing hail damage on new business and renewal portfolio.
Technology > Technology in Insurance > News John Hancock launches new web-based LTC insurance sales system By IBR Staff Writer
John Hancock Financial, a unit of Manulife Financial, has introduced a new web-based long-term care (LTC) insurance sale system to help financial professionals improve customer experience and expand sales opportunities.
Technology > Technology in Insurance > News
Clements Worldwide launches online insurance marketplace for UNFCU members By BBR Staff Writer
International insurance solutions provider Clements Worldwide has launched a web-based marketplace to instantly deliver insurance protection needs for all of United Nations Federal Credit Union’s (UNFCU) 100,000 members worldwide.
Technology > Technology in Insurance > News Brown & Brown agrees to acquire Beecher Carlson Holdings By IBR Staff Writer
US-based independent insurance intermediary Brown & Brown has signed an agreement to purchase Beecher Carlson Holdings from Austin Ventures, FSPM and a group of individual employee and non-employee equityholders.
News XL Group launches new Motor Cargo Truck coverage solution By IBR Staff Writer
XL Group has launched Motor Truck Cargo coverage solutions, a customizable coverage designed for mid-to-large size trucking operations in North America.
General Insurance > Commercial lines > News

Latest News and Insight by Sector

General Insurance

XL Group launches new Motor Cargo Truck coverage solution
22 May 2013 | By IBR Staff Writer
XL Group has launched Motor Truck Cargo coverage solutions, a customizable coverage designed for mid-to-large size trucking operations in North America.
General Insurance > Commercial lines > News
Allstate files lawsuit against six physicians and five medical professional corporations
20 May 2013 | By IBR Staff Writer
Allstate Insurance, a publicly held personal lines insurer, has filed a medical fraud lawsuit against six physicians and five medical professional corporations, seeking to recover $3.8m.
General Insurance > Personal Lines > News

Life Insurance And Pensions

Xpress Money launches free insurance for Indian expatriates
21 May 2013 | By IBR Staff Writer
Global money transfer brand Xpress Money is offering free life insurance coverage for its Indian expatriate customers, who send money from the UAE, Kingdom of Saudi Arabia, Oman, Qatar, Kuwait and Bahrain.
Life Insurance & Pensions > News
Zurich Insurance Q1 2013 profit down by 7%
17 May 2013 | By IBR Staff Writer
Switzerland’s multi-line insurance provider Zurich Insurance Group has reported a business operating profit (BOP) of $1.4bn and net income attributable to shareholders (NIAS) of $1.1bn for the three months ended on 31 March 2013.
Life Insurance & Pensions > News

Intermediaries

Trident, McGowan Companies team up for public entity insurance program
22 May 2013 | By IBR Staff Writer
Argo Group International subsidiary Trident Insurance Services has signed a partnership agreement with The McGowan Companies, a provider of specialized insurance solutions, to provide access to its public entity insurance program in Pennsylvania.
News
Wesleyan selects Sapiens ALIS to administer its financial products
21 May 2013 | By IBR Staff Writer
Wesleyan Assurance Society (Wesleyan) has selected the Sapiens ALIS software suite as its strategic new business administration platform to administer a range of financial products.
Technology > Technology in Insurance > News

Reinsurance

Brown & Brown elects new member to board of directors
15 May 2013 | By IBR Staff Writer
Brown & Brown has elected James S. Hunt (Jim) to its board of directors, in an effort to help the firm as it moves towards its next intermediate revenue goal of $2bn.
News
Allied World Q1 2013 net income decreased to $159m
26 April 2013 | By IBR Staff Writer
Allied World Assurance Company Holdings (AWH) has registered net income of $159m, or $4.49 per diluted share, for the first quarter of 2013, against $218.2m, or $5.70 per diluted share, during the year ago period.
Reinsurance > News

Technology

MSB partners with Weather Fusion for pre-existing hail damage identification
22 May 2013 | By IBR Staff Writer
Marshall & Swift/Boeckh (MSB) has signed a strategic partnership agreement with Weather Fusion to help insurance carriers to proactively identify pre-existing hail damage on new business and renewal portfolio.
Technology > Technology in Insurance > News
John Hancock launches new web-based LTC insurance sales system
22 May 2013 | By IBR Staff Writer
John Hancock Financial, a unit of Manulife Financial, has introduced a new web-based long-term care (LTC) insurance sale system to help financial professionals improve customer experience and expand sales opportunities.
Technology > Technology in Insurance > News

Regulatory & Risk

MSB partners with Weather Fusion for pre-existing hail damage identification
22 May 2013 | By IBR Staff Writer
Marshall & Swift/Boeckh (MSB) has signed a strategic partnership agreement with Weather Fusion to help insurance carriers to proactively identify pre-existing hail damage on new business and renewal portfolio.
Technology > Technology in Insurance > News
John Hancock launches new web-based LTC insurance sales system
22 May 2013 | By IBR Staff Writer
John Hancock Financial, a unit of Manulife Financial, has introduced a new web-based long-term care (LTC) insurance sale system to help financial professionals improve customer experience and expand sales opportunities.
Technology > Technology in Insurance > News

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