Partners Life launches Medical Claims on the FINEOS Platform
September 7, 20234 min
Case study shows New Zealand life and health insurer with better outcomes, enhanced client experience in first use of FINEOS LISA for medical claims
Venteur secures $7.6 Million Seed Round
August 21, 20235 min
Venteur, the digital health startup helping companies provide personalized health insurance options to their employees, has closed a seed funding round at $7.6 million. The funding is led by GSR Ventures, with participation by Headwater VC, Revelry Venture Partners, Houghton Street Ventures, Plug and Play, Techstars, CRCM Ventures, and various strategic angels. Venteur enables businesses to empower their employees with control over their own health care by offering an Individual Coverage Health Reimbursement Arrangement (ICHRA). Using...
Ping An ranked 33rd in the Fortune Global 500 List
August 4, 20239 min
Fortune has announced the 2023 Global 500 list. Ping An Insurance Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318) ranked 33rd on the list with its revenue recorded USD181,566 million. The Group ranked 5th among global financial enterprises, ranked 4th among the Mainland Chinese financial enterprises, and maintained 1st place among global insurance enterprises for five consecutive years since 2019. Under the technology-driven “integrated finance + healthcare” strategy, Ping An continued to see the pursuit of high-quality development as...
Cost of Health Insurance Report 2023: Pacific Prime
June 26, 20234 min
Pacific Prime, an international health insurance brokerage, has released its Cost of Health Insurance Report 2023, highlighting a significant increase in premiums for individual and family plans worldwide. The report, based on data from 100 locations, indicates that 98% and 97% of surveyed locations experienced a premium increase in 2022 for individual and family plans, respectively. The report begins by ranking locations according to their average international private medical insurance (IPMI) premiums in 2022. The...
Alliance Insurance Solutions Partners with Integrity
June 19, 20237 min
Agency of hard-working diverse leaders will utilize the impressive Integrity platform of services to maximize efficiency for agents in the field and at client walk-in locations
Core Specialty Acquires and Forms Medical Stop-Loss Division
June 12, 20236 min
Represents Core Specialty’s 13th Specialty Business Unit Transaction expected to close in fourth quarter Jim Stelling to serve as President, Medical Stop-Loss Core Specialty Insurance Holdings, Inc., and its subsidiaries announced that it will form a Medical Stop-Loss Division through the acquisition of the MGU/Stop-Loss business of American National Group (“ANAT”). The acquisition will mark Core Specialty’s 13th Specialty Business Unit. Jim Stelling will join Core Specialty as the President of the newly formed Medical Stop-Loss...
Mainers living in Cumberland County will be able to select Taro Health as their preferred health plan during the upcoming 2022 Open Enrollment season for Coverage Year 2023 Taro Health, a fully-licensed health insurance provider, announced today that it will debut its On- and Off-Exchange health plans on Maine’s ACA Marketplace this fall. Taro Health has partnered with a network of independent direct primary care (DPC) physicians and has signed a letter of intent with...
Health Insurance Premiums Have Rebounded After COVID-19
May 12, 20224 min
Based on a study of 100 locations around the world, global health insurance brokerage Pacific Prime’s latest report finds that average international private medical insurance (IPMI) premiums for both individual and family plans have rebounded in the majority of locations. This comes as the world is reeling from the impacts of the COVID-19 pandemic – albeit at different paces in different locations, and looking towards digitalization and technology to increase efficiency in the health insurance...
Integrity Expands Life Insurance Distribution
April 27, 20228 min
Fast-growing IMO with impeccable reputation for service and support will leverage Integrity’s technology and resources to help agents protect more American families Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has entered into an agreement to acquire Relentless Insurance Agency, an independent marketing organization (“IMO”) based in Las Vegas, Nevada. As part of the acquisition, Alondra Topete and Josh Crenshaw, Co-Presidents of...
TBRC’s insurance brokers market report outlines (and provides great detail on) the market size, growth forecasts, competitive landscape, and so much more The increase in the growth of the middle class in emerging countries such as India and China is expected to drive the insurance brokers market. The middle-class segment is growing rapidly and is forecast to reach 5.3 billion by 2030 with the majority of growth taking place in Asian countries such as India, China, Indonesia and Philippines. The rise in the middle-income group...