U.S. Risk Insurance Group (U.S. Risk), one of the nation’s largest property and casualty program and specialty brokerage firms, today announced that it has entered into a definitive agreement to be acquired by USI Insurance Services (USI), a leading insurance brokerage and consulting firm
Promutuel Insurance, one of Quebec’s largest Property and Casualty (P&C) insurers, and Guidewire Software, Inc., provider of the industry platform P&C insurers rely upon, recently announced that Promutuel Insurance has extended deployment of Guidewire PolicyCenter™ to its personal lines of business
Medmarc Insurance Group (Medmarc), a subsidiary of ProAssurance Corporation and Pharmacists Mutual Group (Pharmacists Mutual) recently announced a strategic alliance to package industry-specific insurance coverages to the life sciences companies
Allianz today announces its intention to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group – driving long-term success in the market and expanding Allianz’s footprint in Asia.
Alacriti, a payment technology innovator, announced the addition of Digital Disbursements to its Orbipay platform. Orbipay Digital Disbursements empowers businesses to send electronic payouts to their payees directly, reducing the time and costs associated with paper checks
EMCOR Group, Inc., a Fortune 500 leader in mechanical and electrical construction, energy infrastructure and building services for a diverse range of businesses, recently announced it received a fourth safety award in recent years from commercial insurance leader CNA for the company’s outstanding efforts promoting safety innovation in the construction and services industries
AlphaCat Managers, Ltd. (“AlphaCat”) and Terra Brasis Resseguros S.A. (“Terra Brasis Re”) recently announced the successful completion of a $5M private catastrophe bond transaction
Prime Property & Casualty Insurance Inc. (“PPCI”) has announced its debut into the Kentucky commercial auto market as an admitted carrier specializing in insurance solutions for distressed and substandard risks. With PPCI, producers now have an insurance company to write commercial auto risks and expand their book of business
Patriot Growth Insurance Services, LLC (“Patriot”) recently announced the formation of a new national retail insurance agency in collaboration with 17 independent insurance agencies and TRUE Network Advisors (“TRUE”).
NFP Ventures, the early-stage investment arm of NFP, today announced a minority investment in Indio Technologies, Inc., a management software platform for property and casualty insurance providers. This investment will support Indio’s mission to enhance and streamline the underwriting process. The transaction closed on Oct. 25, 2018.
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