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Genworth and Oceanwide Extend Merger Agreement

FTB News DeskJanuary 31, 201916 min
Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced they have agreed to an eighth waiver and agreement of each party’s right to terminate the previously announced merger agreement.  The eighth waiver and agreement extends the previous deadline of January 31, 2019 to March 15, 2019 in consideration of pending regulatory reviews and the upcoming Chinese New Year/Spring Festival holiday, which begins on February 4. The transaction has received all required U.S. insurance regulatory approvals. The...

Asurity® Technologies’ CTO honored as 2023 HousingWire Insider

PRNewswireSeptember 4, 20234 min
Asurity Technologies, LLC (“Asurity”), a leader in the design and development of consumer lending compliance software, is proud to announce that David Greenwood, Ph.D., Chief Technology Officer (CTO), has been selected as a 2023 HousingWire Insider. This award celebrates 75 operational leaders in housing who work behind-the-scenes to drive their companies and clients forward. The HousingWire Insider award recipients were selected by HousingWire’s selection committee based on their vital and dynamic contributions to their companies and...

Independent Insurance Group, LLC Announces Key New Hires

PRNewswireNovember 17, 20212 min
Independent Insurance Group, LLC (“Independent Group”) announced today two new hires. Nancy Robertson has joined Independent Life Insurance Company as Vice President, Policy Administration, and Shannon Marconi has joined Independent Group as Assistant Vice President, Finance & Accounting. “We are thrilled to welcome Nancy and Shannon to our growing team,” said George Luecke, President and Chief Strategy Officer of Independent Group. “Their roles are crucial to the continued implementation of our strategic and operating initiatives. We look forward to further announcements soon,...

Documentation Submitted to Insurance Regulators Regarding Proposed Oceanwide Acquisition

PRNewswireMarch 17, 20204 min
Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced that Oceanwide has submitted supplemental materials to the New York State Department of Financial Services (NYDFS) and other U.S. insurance regulators to document the conditions that are expected to facilitate a reapproval by the NYDFS of the proposed acquisition of control by Oceanwide of Genworth’s New York-domiciled insurance company, Genworth Life Insurance Company of New York (GLICNY). The filings reflect, among other items, Genworth’s agreement with...

InsurTech Express Forms Board of Directors, Announces Members

PRNewswireSeptember 25, 20197 min
Insurance solutions innovator InsurTech Express announces the formation of its board of directors. Members include the following industry experts: Kenneth R. LeibowFounder, Chairman and Chief Executive Officer, InsurTech Express Diana J. Hickert-HillFounder and Chief Executive Officer, DH2 Consulting (DH Squared, LLC) Dennis R. VigneauChief Financial Officer, Fidelity & Guaranty Life Holding Company Cheryl YakeySenior Counsel, Clyde & Co US LLP “At InsurTech Express, we are positioning ourselves as the preferred one-stop resource for carriers and distributors in the...
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