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1-15 of 17812 results
XL Group to buy 20% stake in Mahindra Insurance Brokers
By IBR Staff Writer
Global insurance and reinsurance firm XL Group has agreed to acquire a 20% stake in Mahindra Insurance Brokers (MIBL), a subsidiary of Mahindra & Mahindra Financial Services which primarily serves rural and semi-urban India.
News
AmWINS to buy 15 insurance programs from Willis Towers Watson
AmWINS Group has signed a definitive agreement to acquire 15 insurance programs from Willis Towers Watson.
Intermediaries > Brokerage > News
FidentiaX builds world's first marketplace for tradable insurance policies
Fintech start-up fidentiaX is developing the world's first marketplace for tradable insurance policies which empowers policyholders to monetise policies on blockchain.
News
Oak Underwriting adds home cyber cover for HNW offering
By IBR Staff Writer
RSA-owned Oak Underwriting has enhanced its legal expenses and home emergency cover for high-net-worth (HNW) clients with home cyber protection.
News
IBM, MetLife, Majesco develop new platform for insurers
By IBR Staff Writer
Tech-giant IBM and insurance companies MetLife and Majesco have joined forces on what they claim an industry-first insurance platform.
News
Bar Harbor Bankshares to divest McCrillis & Eldredge Insurance
Bar Harbor Bankshares has signed a definitive agreement with Cross Insurance to sell their insurance subsidiary, McCrillis & Eldredge Insurance, a family owned and operated company headquartered in Bangor, Maine.
News
MS&AD to acquire 15% stake in ReAssure for £800m
By IBR Staff Writer
MS&AD Insurance Group Holdings of Japan has agreed to acquire an initial 5% stake in ReAssure, a UK closed life book consolidator of Swiss Re Life Capital, for £175m as part of its £800m investment for acquiring 15% shareholding in ReAssure.
General Insurance > Commercial lines > News
Lloyd's of London signs deal with AI company Expert System
By IBR Staff Writer
Lloyd's of London has signed artificial intelligence (AI) deal with Expert System, which develops cognitive computing and text analytics software based on AI algorithms.
News
Symetra expands universal life portfolio
Symetra Life Insurance has introduced new indexed universal life product, Symetra Accumulator IUL.
Life Insurance & Pensions > News
SJL Insurance Services achieve Lloyd’s broker status
SJL Insurance Services has achieved Lloyd’s Broker accreditation and also formed a new London markets division.
News
Aviva to acquire majority stake in Wealthify
By IBR Staff Writer
Aviva has agreed to acquire majority stake in Wealthify Group, the holding company of low-cost, ‘robo’ investment service Wealthify of the UK.
Life Insurance & Pensions > News
Equisoft achieves specialization on Oracle Insurance Policy Administration
Equisoft has became the world's first system integrator specialized on the latest certifiable version (version 10) of the Oracle Insurance Policy Administration (OIPA) for Life and Annuity platform.
Technology > Technology in Insurance > News
Everest Re obtains regulatory approval for Irish subsidiary
The Central Bank of Ireland has granted authorization to Dublin-based subsidiary of Everest Re Group to operate as an authorized non-life insurer in Ireland.
General Insurance > Commercial lines > News
Aviva agrees to divest Italian JV to Banco BPM
Aviva has agreed to sell its entire stake in its joint venture in Italy, Avipop Assicurazioni which includes its wholly owned subsidiary Avipop Vita, to Banco BPM for a consideration of €265m (£233m3), payable in cash upon completion.
News
Sompo International launches global insurance platform
Sompo International Holdings (SIH) has launched a global insurance platform and a global clearance system (GCS) to provide a range of products to customers to manage their risks.
General Insurance > Commercial lines > News
1-15 of 17812 results