Houlihan Lokey Bolsters Capital Markets Team With Senior Hire
November 12, 20244 min
Brad Boggess Joins as a Managing Director
AIG Elects Courtney Leimkuhler to its Board of Directors
November 11, 20244 min
American International Group, Inc. (NYSE: AIG) today announced that Courtney Leimkuhler, co-founder and Managing Partner of the venture fund, Springbank, has been elected to its Board of Directors as an independent Director, effective November 5, 2024. Ms. Leimkuhler is a highly accomplished executive who previously held positions at Goldman Sachs, NYSE Euronext and MarshMcLennan. Ms. Leimkuhler began her career in investment banking at Goldman Sachs, before spending nearly a decade at NYSE Euronext, where she...
Fortegra Secures $150 Million in Capital to Support Growth
November 11, 20244 min
Junior subordinated notes issuance comes in anticipation of growing Fortegra's operations
Ping An Leads Fortune Fintech Innovator Asia list, 1st in Insurtech
November 8, 20248 min
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...
Blend & Covered Insurance Partner to Streamline Home Insurance Shopping
November 7, 20244 min
Blend, the leading origination platform for digital banking solutions, and Covered Insurance Solutions (Covered), a premier provider of embedded insurance solutions, have announced a new strategic partnership to further streamline the home insurance shopping experience. “This partnership is a major step forward in providing borrowers with more options and convenience when shopping for home insurance quotes,” said Nima Ghamsari, co-founder and CEO of Blend. “By integrating Covered’s leading marketplace directly into our mortgage platform, we’re empowering borrowers...
Inszone Insurance Services Acquires Nugent Insurance Brokers, LLC
November 7, 20247 min
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...
Finance Veteran Eugene Wong Joins CLARA Analytics as CFO
November 6, 20245 min
As CFO, Wong Will Drive Value Creation as CLARA Continues to Lead the Market in AI-Based Claims Intelligence
Vertafore announced the acquisition of Surefyre
November 5, 20245 min
MGAs to benefit from Vertafore's expanded solutions, accelerating speed to market, boosting revenue, and reducing costs
Delos Insurance Solutions secures further $9m funding
November 4, 20247 min
Funding will enable faster expansion to other States and development of new products.
King Risk Partners Acquires Suzio Insurance Center in Connecticut
October 30, 20244 min
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....