Ping An Reports Steady YoY Growth of 4.3%
August 24, 202230 min
Attaching great importance to shareholder returns, annual cash dividend per share grows by 4.5% year on year
FairPlay Launches AI Bias Detection Product for Insurance Industry
August 24, 20224 min
Company expands its "Fairness-as-a-Service" solution to reduce algorithmic bias in the insurance industry
At-Bay Acquires Relay to Accelerate Future of Specialty Insurance
August 23, 20225 min
At-Bay, the insurance provider for the digital age, today announced the acquisition of Relay, a technology solutions provider enabling the digital transformation of commercial insurance placements. Relay will continue to serve a growing list of brokers and partners as an independent entity, under its own management team. Joining At-Bay enhances Relay’s ability to expand its capabilities and value-added services for its partners. “Brokers are hungry for better service and streamlined workflows from their partners, which technology...
Vesttoo and Clear Blue Announce a $1 Billion Partnership
August 23, 20224 min
Vesttoo has entered a partnership with Clear Blue Insurance Group to deploy $1 billion in reinsurance capacity to Clear Blue's P&C lines over the next year. The capacity will be sourced from the capital markets through a variety of insurance-linked assets.
Barings Appoints Ken Griffin as Head of Insurance Solutions
August 22, 20224 min
Barings, one of the world’s leading investment managers, today announced the appointment of Ken Griffin as the firm’s Head of Insurance Solutions, effective immediately. Griffin will be responsible for overseeing the delivery of customized solutions to meet the needs of Barings’ insurance clients globally. “We are thrilled to welcome Ken to lead our global team of insurance solutions specialists in leveraging the firm’s deep capabilities across public and private asset classes,” said Colin Gordon, Head of Portfolio Solutions...
Advisor Group Welcomes Brian Falconer & his team to its platform
August 22, 20225 min
Boston-based OSJ Affiliates with Advisor Group Through SagePoint Financial From Securian Financial Services
King Insurance acquires Brad Burns Insurance, Inc.
August 19, 20223 min
King Insurance (“King” or the “Company”), a fast-growing full-service insurance brokerage firm that provides a variety of property & casualty as well as employee benefits solutions, announced today the acquisition of Brad Burns Insurance, Inc. (“BBI”). Founded in Tallahassee, FL in 2007, BBI is a commercial insurance agency, with a focus on commercial P&C and employee benefits. BBI has ten employees, including the owning partners, Brad Burns, Craig Mugglin and John Hohman. The BBI team will continue to operate out of...
Incline P&C Group Ranks on the 2022 Inc. 5000 Annual List
August 19, 20223 min
With Triple Digit Revenue Growth, Incline P&C Group Ranks Among America's Fastest-Growing Private Companies
PCF Insurance Services Acquires John E. Peakes Insurance Agency, Inc.
August 19, 20223 min
PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, announced today its acquisition of John E. Peakes Insurance Agency, Inc., a family-owned, full-service personal lines agency based in Ventura, California. The partnership allows PCF Insurance to expand its portfolio into niche markets in the high-growth small business industries, including gym and fitness, restaurants, and apartment buildings. Marshberry advised John E. Peakes Insurance Agency, Inc. on the transaction. “We’re delighted to welcome the John E. Peakes Insurance Agency, Inc....
Weather the Downturn by Deploying Automation Where it Counts the Most
August 18, 202212 min
Businesses in all industries are bracing themselves for the oncoming recession. What can businesses do to survive these uncertain times?