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Insurance industry news
526 posts
abrdn to offload 4% stake in UK insurer Phoenix Group for £264m
UK-based investment company abrdn (formerly Standard Life Aberdeen) said that it will sell nearly 40 million ordinary shares…
TRISTAR Insurance buys Risico Claim Management and Total Managed Care
TRISTAR Insurance Group, an American third-party claims administrator (TPA), has signed a deal to acquire Risico Claim Management…
Tech Mahindra acquires Com Tec Co IT for €310m, invests in two insurtechs
Tech Mahindra has acquired Com Tec Co IT Ltd (CTC), a European IT solutions and service provider, for…
Inszone Insurance Services acquires Lamb, Little & Co.
Inszone Insurance Services, a US-based provider of benefits, personal and commercial lines insurance, has acquired Illinois-based Lamb, Little…
What’s behind Inszone’s Pacifica move? Inside the Pacific Redwood Insurance buyout
Inszone Insurance acquires Pacific Redwood to strengthen its California network. Find out how this impacts customers and the state’s brokerage landscape.
Marsh raises stake in Marsh India Insurance Brokers to 92%
US-based insurance broker and risk advisor Marsh said that it has raised its stake in Marsh India Insurance…
TCS to drive digital transformation of Swiss insurer la Mobiliere
Tata Consultancy Services (TCS) has been roped in by Swiss non-life insurer la Mobiliere for driving its digital…
Covéa to acquire reinsurance company PartnerRe from Exor for $9bn
French mutual insurer Covéa has agreed to acquire Bermuda-based reinsurance company PartnerRe from Dutch holding company Exor for…
Generali to launch cyber insurance solutions for corporates and SMEs
Italian insurance giant Generali has joined forces with Accenture and Vodafone Business to launch cyber insurance solutions for…
Real Estate Insurance Solutions acquired by Arthur J. Gallagher
Global insurance brokerage Arthur J. Gallagher & Co. has acquired Real Estate Insurance Solutions, based in Park City,…