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Relativity6 announced partnership with Duck Creek Technologies

July 21, 20234 min

The Relativity6 AI-powered industry classification platform enables carriers to quickly classify businesses and understand what those businesses are truly doing right now Relativity6 announced today that it has partnered with Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, to offer best-in-class industry classification. Via the Duck Creek Platform, Relativity6 allows insurers to instantly classify any business by its 6-digit NAICS, ISO GL, or NCCI codes....

by PRNewswire

Insurance

TCU Insurance joins INGUARD

July 17, 20233 min

INGUARD, a national insurance and risk management agency licensed in all 50 U.S. states, announced that TCU Insurance is now part of the INGUARD organization and will go to market under the INGUARD brand. Rick Van Es, Principal of TCU Insurance, and INGUARD Principal Daniel Schmitz will jointly lead the agency. “I’m even more excited about our future now that the TCU Insurance team has joined INGUARD,” said Schmitz. “They share our values and similarly believe...

by PRNewswire

Insurance

Senior Market Sales® Acquires The ASA Group

July 6, 20236 min

Partnership Also Marks SMS’ Entry Into the Life Settlement Market as Interest Grows Senior Market Sales® (SMS), one of the industry’s premier insurance marketing organizations (IMOs), has acquired The ASA Group, a Little Rock, Arkansas, brokerage general agency serving insurance and financial planning professionals across the country for more than four decades. “The ASA Group is an outstanding fit as SMS expands our acquisitions to include life insurance and annuity distribution,” said SMS President Jim Summers. “We share...

by BusinessWire

Insurance

Brookfield Reinsurance to Acquire AEL in $4.3 Billion Transaction

July 5, 202313 min

Brookfield Reinsurance and American Equity Investment Life Holding Company announced that they have entered into a definitive agreement whereby Brookfield Reinsurance will acquire all of the outstanding shares of common stock of AEL it does not already own in a cash and stock transaction that values AEL at approximately $4.3 billion. As part of the agreement, each AEL shareholder will receive $55.00 per AEL share, consisting of $38.85 in cash and 0.49707 of a Brookfield...

by PRNewswire

Insurance

Ping An Secures Top 1% ESG Rating in Sustainability Yearbook 2023

July 5, 20236 min

Ping An Insurance Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318) has emerged as a standout among nearly 1,600 Chinese companies for its commitment to long-term sustainability and exemplary ESG practices. The company was selected in the S&P Global Sustainability Yearbook 2023 (China Edition). Ping An was the sole insurance company to be included in the “Best 1% of Chinese Companies in S&P Global ESG Score” for its exceptional performance in environmental, social and...

by PRNewswire

Insurance

1891 Financial Life Awarded on Best Insurance Companies 2023 List

July 4, 20233 min

1891 Financial Life has been awarded on the Forbes list of the Best Insurance Companies 2023. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on June 6th, 2023, and can currently be viewed on the Forbes website. World’s Best Insurance Companies 2023 were determined based on an independent survey from a vast sample of over 30,000 consumers in 15 different countries....

by GlobeNewswire

Insurance

M. Adams & Associates Joins World Insurance Associates

July 3, 20233 min

World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced that it acquired the business of M. Adams & Associates, Inc. (“M. Adams”) of Hazlet, NJ on June 1, 2023. Terms of the transaction were not disclosed. M. Adams & Associates, Inc. was established in 1991. Their mission is to find quality, competitive insurance products tailored to their customer’s specific needs. They conduct business with their core values of honesty, integrity, respect, and accountability...

by BusinessWire

Insurance

SecondSight and INSUREtrust Partner

July 3, 20234 min

INSUREtrust’s new Cyber Pre-Check marks SecondSight’s penetration into wholesale distribution

by PRNewswire

Insurance

Federato Raises $25M in Series B Funding

June 28, 20235 min

New Funds will Accelerate Federato's Growth and Support Its Mission to Bring Efficient Underwriting and Data-Driven Portfolio Management to P&C and Specialty Insurance

by PRNewswire

Insurance

Alliance Group and AIMCOR Group, LLC strategically partner

June 28, 20233 min

Alliance Group, a leading Insurance Marketing Organization based in Lawrenceville, Georgia has forged a strategic partnership with AIMCOR Group and announced its intent to become a member of AIMCOR Group, LLC, a National Insurance Marketing Organization that distributes and services life, disability, LTC and annuity products through a variety of independent, institutional, and alternative channels. Through this new partnership, Alliance Group will bring its highly touted Living Benefits marketing and training programs to AIMCOR members, while instantly bolstering...

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