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Monument Re buys stake in ABN AMRO Life Capital Belgium
Monument Re has acquired complete ownership over Benelux Life Run-Off SCS, including its acquisition of ABN AMRO Life Capital Belgium, the Belgian life insurance subsidiary of ABN AMRO (AALCB), subject to regulatory approvals.
Reinsurance > News
Aviva sells Spanish businesses for €475m
Aviva has completed the sale of its 50% stake in the Spanish life insurance and pension joint ventures, Unicorp Vida and Caja España Vida, and the retail life insurance business, Aviva Vida y Pensiones, to Santalucía for a total consideration of €475m.
Life Insurance & Pensions > News
Davies acquires insurance specialist Ambant
Davies Group, an insurance service provider based in the UK, has acquired Ambant, a London-based which provides operations and consulting solutions to the managing general agent (MGA), Lloyd’s, UK, and international insurance markets.
General Insurance > Commercial lines > News
Markel extends professional liability coverage for law companies
Markel has improved the policy form and protections for hard-to-insure law companies which can no longer secure coverage in the admitted markets.
General Insurance > Commercial lines > News
Oceanwide gets nod to buy Genworth's Virginia-Domiciled insurance firms
Virginia Regulator has approved Oceanwide's proposed acquisition of Genworth's Virginia-Domiciled insurance companies.
Life Insurance & Pensions > News
Vero Insurance fails to get approval for Tower acquisition
The Commerce Commission did not grant approval to Vero Insurance New Zealand's proposal to acquire up to 100% of Tower.
General Insurance > Commercial lines > News
Swiss Life under US DOJ scrutiny over tax evasion role
The American Department of Justice (DOJ) has contacted Swiss Life regarding its cross-border business with US clients.
Life Insurance & Pensions > News
Sapiens upgrades property and casualty insurance suite
Sapiens International has released the Sapiens IDIT 14.1 policy administration suite (Sapiens IDIT) for property and casualty/general insurers worldwide.
Technology > Technology in Insurance > News
Arthur J. Gallagher buys New Jersey-based Franklin-Case Agency
Arthur J. Gallagher has acquired Franklin-Case Agency based in Flemington, New Jersey.
Intermediaries > Brokerage > News
Chubb selects France as EU hub after Brexit
By IBR Staff Writer
Chubb has selected the French capital Paris as its preferred post-Brexit headquarters for its Continental European operations.
General Insurance > Commercial lines > News
New York’s Brady Risk Management inaugurates New England Office
Brady Risk Management has opened Brady Risk New England Property/Casualty Managing General Insurance Agency with offices at 100 Commercial Street, Portland, Maine serving Preferred retail insurance agencies in Maine, New Hampshire, Vermont and Massachusetts.
News
NFP purchases Beacon Insurance Group
Property and casualty insurance provider NFP has acquired Beacon Insurance Group.
News

IBR Supplier Recommendations

FC Business Intelligence - Supporting Change, Growth and Success
Business, technology and policy are changing faster than ever before. We provide our clients with clarity in the chaos.... Suppliers
Sequel Business Solutions - Award-Winning Insurance and Reinsurance Software Specialist
Sequel Business Solutions Ltd are award-winning, well respected insurance and reinsurance software specialists. Sequel's customers are underwriters, brokers and MGAs within the Lloyd's, Companies and international insurance/reinsurance sector. We deliver a modern, powerful suite of Eclipse software which provide full end-to-end management of all insurance and reinsurance business. Our clients are able to grow and better manage their business through greater efficiency, flexibility, and data governance.... Reinsurance > Suppliers
Capgemini Financial Services - Consulting, Technology and Outsourcing Service
Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, enables its clients to transform and perform through technologies.Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working, the Collaborative Business Experience™.... Suppliers
Dataflux - Data Management Technology
DataFlux enables business agility and IT efficiency by providing innovative data management technology and services that transform data into a strategic asset, helping you reduce costs, optimise revenue and mitigate risks.... Suppliers
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IBR White Paper Recommendations

Analytics in Insurance Fraud: The Fight Before the Claim By FC Business Intelligence
According to a survey by FC Business Intelligence of over 100 insurance professionals for the Insurance Fraud Survey 2015, 33% agreed that sales teams should be more engaged in fraud detection and that application fraud was flying under the radar. Despite 67% of insurers listing fraud before the claim as one of the key priorities in their organisation, only 22% felt that they were successfully dealing with it. Stopping fraud at the front line is proving a challenge for insurers. With a growing number of industry bodies such as the Insurance Fraud Bureau (IFB) holding data on proven fraudsters, there is a facility to reconcile data that automatically excludes habitual offenders, but this is still only a small portion of the threat posed to the industry.... White Papers Eclipse for Carriers, Brokers & MGAs By Sequel Business Solutions
MARKEL: "Sequel have delivered what they promised. They’re helping us achieve our major business transformation milestones with their software and supporting expertise. Sequel understand the market and our business - and their ability to deliver to timescale has been clearly demonstrated."... Reinsurance > White Papers It’s Imperative: A Data Governance Primer for Solvency II and Beyond By DataFlux
“Solvency II is the most sweeping regulatory change that people now working in the insurance industry have ever experienced and the key to compliance will be high quality data, which is essential for appropriate risk modeling.” —Kathleen Dugan, EMEA Product Manager, Northern Trust ... White Papers Achieving Measurable Gains by Automating Claims Processing By Kofax
Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.... White Papers Customer Centricity: The Key to Success in Retail Banking By Kofax
The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.... White Papers See more
1-15 of 18229 results