insurance - FinTecBuzz

Falvey Insurance Group & AIMU to host International Day for Women

April 13, 20225 min

Falvey Insurance Group and the American Institute of Marine Underwriters (AIMU) have partnered for the International Day for Women In Maritime to host a panel discussion amongst women in the maritime industry. The International Maritime Organization (IMO) recently designated May 18th as the first-ever International Day for Women in Maritime. “The observance will celebrate women in the industry and is intended to promote the recruitment, retention and sustained employment of women in the maritime sector, raise the profile...

by PRNewswire

Insurance

Athenium Analytics launches GaugeQuality to help insurers

April 12, 20226 min

Athenium Analytics, a leading provider of enterprise risk analytics for insurance carriers, has announced the release of GaugeQuality, a new Software-as-a-Service (SaaS) solution built to deliver business growth through insight-driven process improvements. GaugeQuality is a new insurance compliance, reporting and workflow-automation suite built on a foundation of 20 years of best practices that Athenium Analytics has established from working with the world’s top insurance carriers. Athenium Analytics will officially debut the new claims and underwriting audit...

by BusinessWire

Insurance

Hudson Insurance Group Establishes New Platform

April 11, 20223 min

Hudson Insurance Group (Hudson) today announced that Daniel Springman has joined the HudsonPro® team as underwriting manager and head of its ancillary medical professional liability business. Mr. Springman will focus on expanding HudsonPro’s offerings in the ancillary sector and build a new platform to address the unique needs of small healthcare businesses. “Hudson has been engaged in the medical professional liability market since 2002. We have demonstrated our commitment to serving the complex needs of a...

by BusinessWire

Insurance

illumifin Completes Acquisition of LTCG

April 11, 20223 min

Creates a Leading Insurance Services and Software Provider in the North American Long-Term Care, Life, Health, and Annuity Markets

by PRNewswire

Insurance

Euclid Transactional Opens Copenhagen Office

April 7, 20224 min

Euclid Transactional, a leading managing general agent focused on transactional insurance underwriting, today announced the opening of its new Copenhagen office which will be led by Vice President, Daniel Boda. The new office will further expand the firm’s capabilities in the Nordic region and build on its substantial expertise across the United Kingdom (UK), continental Europe, and the Middle East and Africa (EMEA). Daniel Boda joined Euclid Transactional with a wide breadth of experience advising private equity, financial institutions and other corporations on domestic and cross-border...

by PRNewswire

Insurance

Policygenius announces life insurance from Foresters Financial

April 7, 20226 min

Insurtech platform Policygenius continues rapid growth with launch of a new, convenient life insurance option with no medical exam and suite of living benefits Policygenius, the nation’s leading tech-enabled platform for insurance shopping and fulfillment, announced today the new offering of an innovative life insurance product from Foresters Financial. The product, Foresters Your Term, provides consumers with a new way to access life insurance affordably, quickly, and conveniently, enabling an underwriting decision in less than 24 hours...

by BusinessWire

Insurance

CLARA Analytics Optics Empowers Claims Managers With Analytics

April 6, 20228 min

CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, today announced the release of CLARA Optics, which uses AI and machine learning to scan, sort and analyze bills and medical documents to create a claim-based medical record. CLARA Optics not only lowers claims operating expenses but also drives better medical outcomes for commercial claims with deep insights and alerts. CLARA Optics is the latest generation of CLARA’s medical record product,...

by BusinessWire

Insurance

AM Best Revises Outlooks to Stable for Greenville Casualty

April 6, 20225 min

AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Greenville Casualty Insurance Company (Greenville Casualty) (Greer, SC). The Credit Ratings (ratings) reflect Greenville Casualty’s balance sheet strength, which AM Best assesses as adequate, as well as its marginal operating performance, limited business profile and marginal enterprise risk management. The revised outlooks to stable from positive reflect...

by BusinessWire

Insurance

The Marketing Alliance Announces Financial Results for Fiscal 2022 Q3

April 5, 202214 min

The Marketing Alliance, Inc. (OTC: MAAL) (“TMA” or the “Company”), today announced financial results for its fiscal 2022 third quarter ended December 31, 2021. FY 2022 Third Quarter Financial Highlights (all comparisons to the prior year period) Operating income increased to $1,121,784 compared to $581,519 in the prior year period despite a 29% decrease in revenue to $5,694,085 Operating income (from continuing operations) increased in the quarter due in part to an Employee Retention Credit of...

by BusinessWire

Insurance

AM Best Assigns Credit Ratings to Euro Accident Livförsäkring AB

April 5, 20226 min

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Euro Accident Livförsäkring AB (Euro Accident) (Sweden). The outlook assigned to these Credit Ratings (ratings) is stable. The majority owner of Euro Accident is Impilo AB, a Swedish investment firm focused on Nordic health care investments. The ratings reflect Euro Accident’s balance sheet strength, which AM Best assesses as strong, as well as its adequate...

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