INSURANCE INDUSTRY NEWS
WTW Launches Risk Intelligence Quantified Platform
WTW, a leading global advisory, broking and solutions company, is pleased to announce the launch of Risk Intelligence Quantified. The Risk IQ portal provides on-demand and direct access to WTW's modelling tools, allowing businesses to quantify and analyse ever-changing risks and all major insurable renewals, while also dynamically assessing and evaluating combinations of risk transfer efficiency and risk levels.
Read more.
New Report Shows Speed-to-Market Advantage For Insurance Carriers
Coretech Insight, an independent advisory firm focused on core technology for the insurance industry, has released a report finding that insurers that launch products faster by deploying cloud agile technology are able to generate a revenue gain of as much as USD 25 million over five years.
Read more.
Lockton Launches New Digital Asset Custody Insurance Facility
Lockton, the world's largest independent insurance brokerage, is pleased to announce the creation of a new, industry-leading custody insurance facility available exclusively to its digital asset clients.
Read more.
Westland Insurance Makes Triple Acquisition
Westland Insurance is pleased to announce that it has acquired Arrow Insurance Agency, Emsland & Associates Insurance, and IBMG Canada Inc., effective October 1st. All three are P&C brokerages and represent Westland's continued expansion across Canada.
Read more.
Brokerlink Marks 20 Acquisitions This Year
BrokerLink continues to grow in Ontario with two new acquisitions, L & M Dallaire Insurance Ltd. and Cryderman Insurance Brokers Ltd, bringing its total number of acquisitions to 20 so far this year.
Read more.
Majesco Acquires Global IQX, Bringing Unmatched Solutions To L&AH Industry
Majesco, a global leader of cloud insurance software solutions for insurance business transformation, is pleased to announce the acquisition of Global IQX, a SaaS-based insurtech who delivers market-leading solutions insurers rely on to streamline, automate, and transform the way they do business. Majesco adds 16 new customers as well as a powerful underwriting workbench, and enrollment & artificial intelligence solutions to their market-leading core and absence management solutions.
Read more.
Ing & McKee Comes Together With Fellow Alberta Brokerage Hunley Insurance
Ing & McKee, a Navacord Broker Partner with multiple locations across Alberta, is pleased to announce the addition of Hunley Insurance to their bench. Hunley is a locally owned and operated brokerage with locations in Rocky Mountain House and Caroline, Alberta.
Read more.
ADT Announces Closing Of Equity Investment By State Farm
ADT Inc., the most trusted brand in smart home and small business security, is pleased to announce that it has issued and sold in a private placement to State Farm 133.3 million shares of ADT common stock for a gross purchase price of USD 1.2 billion.
Read more.
Blink Parametric Teams Up With Saskatchewan Blue Cross
Blink Parametric is pleased to announce the further expansion of its real-time flight disruption service through its partnership with Canassurance to include Saskatchewan Blue Cross as part of a major initiative set to enhance travel insurance cover for travelling Canadians.
Read more.
Clyde & Co Opens New Office In Calgary
Global law firm Clyde & Co is pleased to announce that it has opened an office in Calgary, consolidating the firm's presence in western Canada and across the country's major commercial and legal centres.
Read more.
|