Tag: Insurance industry news

ICICI Lombard rolls out Anywhere Cashless feature to cover all hospitals

businessnewstoday- March 24, 2023

ICICI Lombard, an Indian general insurance company, has introduced a new feature called "Anywhere Cashless" for its health insurance policyholders. The new feature permits customers ... Read More

Gallagher acquires retail insurance broker Stewart, Brimner, Peters

businessnewstoday- March 20, 2023

Arthur J. Gallagher & Co. (Gallagher) has acquired Stewart, Brimner, Peters & Company, Inc. (SBP), a retail insurance broker based in Fort Wayne, Indiana for ... Read More

Fort Lauderdale-based agency E/G of Florida acquired by Hilb Group

businessnewstoday- March 7, 2023

The Hilb Group, an American property and casualty and employee benefits insurance brokerage and advisory company, has acquired E/G of Florida for an undisclosed price. ... Read More

Gallagher Re acquires Lloyd’s broker Bay Risk Services

businessnewstoday- March 7, 2023

Arthur J. Gallagher & Co., through its reinsurance unit Gallagher Re, has acquired the business and assets of Bay Risk Services, based in the UK, ... Read More

Montana-based Glacier Insurance of Libby acquired by Hub International

businessnewstoday- March 7, 2023

Hub International said that it has acquired the assets of Montana-based Glacier Insurance of Libby for an undisclosed price. Headquartered in Libby, Glacier Insurance of ... Read More

Retail insurance broker Anderson Benson acquired by Arthur J. Gallagher

businessnewstoday- March 2, 2023

Arthur J. Gallagher & Co. said that it has acquired Anderson Benson, a retail insurance broker and risk management firm, based in Nashville, Tennessee for ... Read More

HCL Technologies, C2L BIZ to expedite digital transformation of Malaysian insurer

businessnewstoday- February 27, 2023

HCL Technologies (HCLTech) is collaborating with insurtech company C2L BIZ to facilitate the digital transformation of business processes for an undisclosed Malaysian life insurance company. ... Read More

FWD to acquire majority stake in Gibraltar BSN to foray into Malaysian life insurance market

Raghuram Kadari- February 22, 2023

FWD Group Holdings, a pan-Asian life insurance business, has agreed to acquire a majority stake in Gibraltar BSN Life Berhad to enter the Malaysian life ... Read More

PCF Insurance Services raises $500m at $4.7bn valuation

Raghuram Kadari- February 21, 2023

American insurance brokerage firm PCF Insurance Services has secured a $500 million preferred equity investment at a valuation of $4.7 billion. PCF Insurance Services anticipates ... Read More

Chao Pacific Insurance Brokers acquired by Inszone Insurance Services

businessnewstoday- February 17, 2023

Inszone Insurance Services, an American benefits, personal and commercial lines insurance, has announced the acquisition of Chao Pacific Insurance Brokers for an undisclosed price. Based ... Read More