CHI Insurance Agency selects Tarmika for Commercial Lines Growth
August 28, 20234 min
Massachusetts-based agency to use Tarmika to simplify quoting processes as they expand into commercial lines
Gallagher released new study results
August 9, 20238 min
Gallagher, a global insurance brokerage, risk management and consulting services company, commissioned a survey of 1,000 U.S. business owners aimed to glean insights on their mindset around risk mitigation. Despite the majority (97%) of business owners having business-related insurance policies, an overwhelming 83% expressed worries about specific events or losses that have the potential to affect their business, and another 83% are either actively looking or very likely to seek additional insurance policies to provide...
Concirrus partners with Insurity
July 29, 20234 min
As a welcome relief to global economic pressures, this partnership enables insurers to leverage data to streamline operations, reduce losses, and maximize profits
AI Insurtech CLARA Analytics expands presence in Asia-Pacific
July 18, 20234 min
CLARA Analytics, a leading provider of AI technology for personal injury claims optimization, announces an exclusive partnership with OPEX Consultants (“OPEX”), an Australian boutique growth strategy and profit improvement insurance consulting practice, to represent CLARA in Australia and New Zealand. The partnership constitutes a strategic commitment to expand CLARA’s business in the Asia-Pacific region. CLARA’s products have delivered rapid and substantial return on investment for some of the world’s leading insurers, including one of Australia’s...
NEXT Insurance announced its integration with Ivans Download™
July 17, 20235 min
New integration provides agents with hourly policy downloads, enabling NEXT agents to quickly serve small business clients NEXT Insurance, a leading digital insurtech transforming small business insurance, announced its integration with Ivans Download™ for General Liability and Workers’ Compensation policies. This feature offers a seamless exchange of policy data between NEXT and its appointed agents, furthering the company’s commitment to facilitating an efficient process for agents and the small businesses they serve. NEXT’s integration uniquely...
TCU Insurance joins INGUARD
July 17, 20233 min
INGUARD, a national insurance and risk management agency licensed in all 50 U.S. states, announced that TCU Insurance is now part of the INGUARD organization and will go to market under the INGUARD brand. Rick Van Es, Principal of TCU Insurance, and INGUARD Principal Daniel Schmitz will jointly lead the agency. “I’m even more excited about our future now that the TCU Insurance team has joined INGUARD,” said Schmitz. “They share our values and similarly believe...
Certificial raises $15M to support growth of Smart COI Network
July 12, 20235 min
The platform solves fundamental insurance verification challenges for all stakeholders involved in the process. Certificial, the creator of the Smart COI Network™, announced a $15M round of funding led by Nyca Partners. Nyca joins IA Capital, Fin Capital, Cofounders Capital, Cameron Ventures, and Nationwide Ventures as investors. In the past year, Certificial has gained significant traction among the risk management community and with insurance brokers. Certificial, a pioneer in business insurance monitoring technology, leverages its...
Senior Market Sales® Acquires The ASA Group
July 6, 20236 min
Partnership Also Marks SMS’ Entry Into the Life Settlement Market as Interest Grows Senior Market Sales® (SMS), one of the industry’s premier insurance marketing organizations (IMOs), has acquired The ASA Group, a Little Rock, Arkansas, brokerage general agency serving insurance and financial planning professionals across the country for more than four decades. “The ASA Group is an outstanding fit as SMS expands our acquisitions to include life insurance and annuity distribution,” said SMS President Jim Summers. “We share...
Brookfield Reinsurance and American Equity Investment Life Holding Company announced that they have entered into a definitive agreement whereby Brookfield Reinsurance will acquire all of the outstanding shares of common stock of AEL it does not already own in a cash and stock transaction that values AEL at approximately $4.3 billion. As part of the agreement, each AEL shareholder will receive $55.00 per AEL share, consisting of $38.85 in cash and 0.49707 of a Brookfield...
Ping An Insurance Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318) has emerged as a standout among nearly 1,600 Chinese companies for its commitment to long-term sustainability and exemplary ESG practices. The company was selected in the S&P Global Sustainability Yearbook 2023 (China Edition). Ping An was the sole insurance company to be included in the “Best 1% of Chinese Companies in S&P Global ESG Score” for its exceptional performance in environmental, social and...