One80 Intermediaries acquires GMI Insurance to expand in transportation sector

Pallavi Madhiraju- August 29, 2023 0

One80 Intermediaries, a Boston-based specialty insurance broker, has announced the acquisition of GMI Insurance, a leading Pennsylvania-based Managing General Agent specializing in commercial transportation insurance. ... Read More

Companion Protect raises $27m in Series A for pet insurance expansion

Pallavi Madhiraju- August 28, 2023 0

Companion Protect, a Kansas City-based pet insurance and wellness administration company, has successfully raised $27 million in its Series A financing round. The investment comes ... Read More

Marsh McLennan to acquire Melbourne-based Honan Insurance Group

Pallavi Madhiraju- August 21, 2023 0

Marsh McLennan, the global insurance and risk management powerhouse, has made a landmark announcement regarding its intention to acquire Honan Insurance Group Pty Ltd. A ... Read More

Allianz 2Q 2023 report: Operating profit rises by 7% amid strong segment performance

Pallavi Madhiraju- August 11, 2023 0

In the latest financial update, Allianz, the German multinational financial services powerhouse, reported a 7.1% surge in its operating profit, amounting to 3.8 billion euros ... Read More

LIC reports incremental growth in Q1 FY 2023-24 financial results

Pallavi Madhiraju- August 11, 2023 0

Life Insurance Corporation of India (LIC) has announced its financial results for Q1 of FY 2023-24, noting a minor increase in its total premium income ... Read More

Inszone Insurance amplifies Texas operations with Speck Insurance buyout

Pallavi Madhiraju- August 8, 2023 0

Inszone Insurance Services, a renowned American insurance provider specializing in benefits, personal, and commercial lines, has concluded its acquisition of Speck Insurance and Financial Services ... Read More

Laya Healthcare to joins AXA in €650m deal: A strategic move in the health insurance market

Pallavi Madhiraju- August 3, 2023 0

Insurance giant AXA announced today that it has entered into an agreement to acquire Laya Healthcare Limited from Corebridge Financial Inc., a subsidiary of AIG, ... Read More

Inszone Insurance acquires Jackson Insurance Solutions to expand into New Mexico

Pallavi Madhiraju- August 2, 2023 0

Inszone Insurance Services, an established provider of various insurance lines in America, has announced the strategic acquisition of Jackson Insurance Solutions, a well-regarded insurance agency ... Read More

SBI Life Insurance registers significant growth in new business premium

Pallavi Madhiraju- July 28, 2023 0

SBI Life Insurance, a premier life insurance provider in India, recorded a New Business Premium of Rs. 6,207 crores in the period ending 30th June ... Read More

TCS powers launch of AIB life in Ireland with digital-first platform

Pallavi Madhiraju- July 25, 2023 0

Tata Consultancy Services (TCS) has successfully facilitated the launch of AIB life, a new joint venture between Allied Irish Banks plc and Great-West Lifeco, in ... Read More