Private equity investments by the U.S. life/health and property/casualty industries have risen sharply by approximately 25% over a two-year span to $55.4B and $16.0B, respectively, according to an AM Best special report
U.S. Risk Insurance Group (U.S. Risk), one of the nation’s largest property and casualty program and specialty brokerage firms, recently announced the completion of its previously announced agreement to be acquired by USI Insurance Services (USI), a leading insurance brokerage and consulting firm
Harvest Properties and joint-venture partner New York Life Real Estate Investors on behalf of McMorgan Northern California Value Add Development Fund I recently announced the sale of One Bay Plaza, located in Burlingame, California, to local developer/operator Woodstock Development for an undisclosed amount
Recently, LGIS Group (LGIS), the pioneer of Commercial Property Loan Insurance (CPLI) for the commercial real estate (CRE) lending industry, announced the addition of two new employees to its team of CRE industry professionals
Larsen & Toubro Infotech or LTI , a global technology consulting and digital solutions company, and Guidewire Software, Inc., provider of the industry platform Property and Casualty (P&C) insurers rely upon, recently announced that LTI has joined Guidewire PartnerConnect as a Consulting alliance member at the Select level for the Americas
First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, recently released the First American Loan Application Defect Index for May 2019, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications
Instec, the market leader in insurance software for commercial program and specialty insurers, held its second annual Client Forum in Chicago last week. The event featured four keynote speakers covering program business, regulatory issues, technology priorities, and capital markets
Berkshire Hathaway Specialty Insurance (BHSI) recently announced a new print and digital media advertising campaign around the theme CLAIMS IS OUR PRODUCT. The campaign spotlights that, while a policy is considered the traditional insurance “product,” the claim service and results that insurance policy delivers is paramount
OneShield Software (www.OneShield.com), a market leader in core business solutions for insurers and financial services companies, is pleased to announce that Association Insurance Management (AIM) is implementing their cloud-based suite, OneShield Market Solutions (OMS) - enabling the integration of policy, billing, and claims information for analysis, improving underwriting results, while helping to enhance the client service experience
Duck Creek Technologies announced today that it has introduced Duck Creek Reinsurance Management to the P&C insurance industry, adding comprehensive reinsurance management functionality to the already robust capabilities of the Duck Creek Suite
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