Company Statements
iPipeline and Atidot Partner to Mine In-Force Data for Life and Annuity Sales
iPipeline – a leading provider of cloud-based software solutions for the life insurance and financial services industry announced an exclusive partnership with Atidot, a Gartner “Cool Vendor” insurtech company empowering the life insurance industry with big data and predictive...
Insurance
World Insurance Associates Acquires Bucci Insurance Group of Rhode Island
World Insurance Associates LLC (WIA), a Top 100 Insurance Agency, announced that it acquired Bucci Insurance Group of West Warwick, RI on September 1, 2019. Terms of the transaction were not disclosed.
Founded in 1981, Bucci Insurance Group serves the...
Americas
CVS Healths Aetna signs reinsurance protection deal with Vitality Re X
Aetna, the insurance business of American retail pharmacy chain CVS Health, has signed a four-year reinsurance arrangement with Vitality Re X.
The arrangement will enable CVS Health to slash its required capital and offer $200m of collateralised excess of loss...
Europe
Howden partners with Cytegic for cyber risk assessment automation
Howden, the retail broking unit of Hyperion Insurance Group, has partnered with cyber risk assessment services provider Cytegic to automate cyber risk assessment and financial impact analysis across global insurance markets.
Cytegic is a cyber risk assessment company that developed...
Company Statements
Wescom Financial Services and Simplicity Life Partner for Insurance Services
Wescom Financial Services and Simplicity Life have formed a strategic partnership to enhance, expand, and provide more insurance sales support for Wescom Financial Services Advisors and Member Services Representatives. Wescom Financial Services went through an extensive RFP and search...
Financials
Alera Group acquires HighRidge Insurance Services
Alera Group, a leading national insurance firm announced its acquisition of HighRidge Insurance Services. HighRidge, located in Westlake Village, California, provides employee benefits services to clients throughout the state. With an emphasis in strategy consulting, the firm designs benefit...
Insurance
Edelweiss Tokio Life ties up with MobiKwik to offer insurance solutions
Edelweiss Tokio Life Insurance, a private life insurer, has tied up with MobiKwik, a leading fintech platform, to offer mobile-based group insurance solutions for the latter’s customers.
Through this partnership, Edelweiss Tokio Life will offer life insurance in the variants...
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