Company Statements
Travelers Europe Offers Enhanced Combined Cyber Package for Technology Sector in UK and Ireland
Travelers Europe announced it has enhanced its offering for technology businesses in the United Kingdom and Ireland with a new, packaged product to provide improved protection against the unique cyber risks facing IT, communications and electronics manufacturing and assembly...
Insurance
Allianz X invests $96.6 million in leading digital microinsurer BIMA
Allianz X, the digital investment unit of the Allianz Group, announced today a $96.6 million investment in BIMA, a leading digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia and Latin America. Allianz becomes BIMA’s sole...
Company Statements
Zurich enters agreement to acquire ANZ’s life insurance businesses in Australia
The transaction price comprises AUD 1 billion of upfront reinsurance commissions, expected to be paid subject to regulatory approval in May 2018 with the remaining balance paid on completion.
“ANZ’s portfolio of non-traditional and profitable retail products fits well with...
Financials
Totten Insurance Group acquires Canadian Resources Insurance Solutions, Inc
Totten Insurance Group , a leading national insurance managing general agency, announced today that it has acquired the shares of Canadian Resources Insurance Solutions, Inc. (CRIS), a Sudbury, Ontario-based insurance wholesaler. Terms of the acquisition were not disclosed. This...
Americas
Victory Media Names Combined Insurance a Top Military Friendly® Employer for Seventh Consecutive Year
For the seventh consecutive year, Combined Insurance announced today that the company has been designated as a Top Military Friendly® Employer by Victory Media’s G.I. Jobs Magazine, and has been ranked the number three Military Friendly Employer® in the...
Insurance
Capgemini named Leader and Star Performer for Insurance Application Outsourcing by Everest Group
Capgemini announced that it has been named a “Leader and Star Performer” in Everest Group’s Insurance Application Outsourcing PEAK MatrixTM for the second consecutive year, as well as maintained its ‘Star’ designation for a third consecutive year. Capgemini achieved...
Americas
The Standard Launches New Accidental Death and Dismemberment Occupational Assistance Service
Standard Insurance Company (The Standard) is launching its Accidental Death & Dismemberment (AD&D) Occupational Assistance service as a complimentary feature to its Group AD&D and Life insurance products. The service is the first of its kind in the industry...
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