Ping An Leads Fortune Fintech Innovator Asia list, 1st in Insurtech

Ping An Insurance (Group) Company of China, Ltd. ranked #1 in insurtech in Fortune’s first-ever Fintech Innovators Asia list. “Ping An is one of China’s largest insurers, with about 240 million retail consumers across the country. Ping An’s ‘Smart Verification’ and ‘Smart Fast Claim’ services now make its enrolment and claims processing more efficient. AI-driven tools are also reducing diagnostic times in rural areas,” Fortune said. Fortune’s Fintech Innovators Asia 2024 showcases the leading companies shaping the future of fintech in Asia. More...

Inszone Insurance Services Acquires Nugent Insurance Brokers, LLC

Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is excited to announce the acquisition of Nugent Insurance Brokers, LLC. With this acquisition, Inszone continues its strategic expansion while welcoming another legacy insurance firm with a proud three-generation history into its growing footprint. Founded by Valerie and Tom Nugent Jr., Nugent Insurance Brokers has provided clients with top-tier service. The family’s roots in the insurance industry date back to Tom...

King Risk Partners Acquires Suzio Insurance Center in Connecticut

King Risk Partners, a rapidly rising player in the full-service insurance brokerage industry, proudly announces the acquisition of Suzio Insurance Center, Inc., a well-established and respected firm based in Meriden, Connecticut. This strategic acquisition not only strengthens King Risk Partners’ presence in the Northeast but also adds decades of insurance expertise and a robust client base to its portfolio. Suzio Insurance Center has a 50-year history of providing personalized insurance solutions to individuals and businesses throughout Connecticut....

Majesco Repeats as a Top 100 InsurTech Innovator in 2024

Majesco, a global leader of cloud intelligent insurance solutions for insurance business transformation, is thrilled to announce its recognition as one of the top 100 innovative InsurTech companies for 2024. This prestigious accolade, awarded by FinTech Global, highlights the most forward-thinking solution providers that are driving transformation in the insurance industry. Selected by a panel of seasoned industry experts and analysts, this recognition serves as a vital resource for insurance leaders navigating their digital transformation...

HDI Global US Appoints Thomas Long as US Casualty Lead

HDI Global Insurance Company (HGIC), the US subsidiary of international Corporate & Specialty Insurer, HDI Global SE (HDI), announced the appointment of Thomas Long as US Casualty Lead. In his new role, Thomas will oversee the development and execution of HDI’s US casualty strategy, driving growth and ensuring best-in-class service for clients across diverse industries. His deep expertise and proven track record of success make him the ideal candidate to lead this critical function at...

Markel appoints Jim Hinchley as Chief Retail Officer

Markel, the insurance operations within Markel Group Inc., announced that Jim Hinchley has been named Chief Retail Officer for Markel’s Specialty division. In this role, he will be responsible for leading Markel’s overall retail strategy, driving profitable growth in existing business, and addressing new areas for expanded growth within the retail channel. “We are excited to welcome Jim to Markel to oversee the strategic direction of our retail business,” said Alex Martin, President, Markel Specialty. “Jim’s broad-ranging experience...

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