Infosys has been roped in by Backcountry, an American online retailer of outdoor gear and apparel, to help in delivering a seamless and secure digital experience for its customers. Backcountry is also said to utilize Google Cloud to power its data-driven transformation and help streamline business outcomes with the help of analytics and real-time insights. […]
Tata Consultancy Services (TCS) said that the Singapore Exchange (SGX) has selected its TCS BaNCS solution to power the NSE IFSC-SGX Connect (Gift Connect), the latter’s program to connect to NSE IFSC, a wholly-owned subsidiary of the National Stock Exchange of India (NSE), for trade execution and clearing of Nifty products on behalf of its […]
Specialty insurance broker One80 Intermediaries has acquired Innovative Risk Management (IRM) based in Dallas, Texas for an undisclosed price. Innovative Risk Management operates as a program manager which offers captive and alternative risk solutions to agents, brokers and self-insured entities. Alongside Innovative Risk Management, One80 Intermediaries has acquired the former’s affiliate — Programs Plus, which […]
Align Financial Holdings, a general agency and specialist program underwriting manager, has acquired Atlanta-based underwriting manager NationsBuilders Insurance Services (NBIS). The financial terms of the deal were not disclosed. NationsBuilders Insurance Services is specialized in offering risk management, underwriting and claims handling expertise to the crane and rigging, concrete pump, specialized transportation, equipment rental, and […]
Alliant Insurance Services, a US-based insurance products and services provider, has acquired ASURA Risk based in Northern California for an undisclosed price. The acquisition further consolidates its middle-market presence, said Alliant Insurance Services. ASURA Risk, which is based in San Ramon, is engaged in providing a variety of commercial insurance, risk management services, and employee […]
Tata Consultancy Services (TCS) said that the Commercial Bank of Kuwait (CBK) has selected its TCS BaNCS for Treasury solution for managing risk better, improve asset class coverage, and also for driving future growth. According to the Indian IT services provider, Commercial Bank of Kuwait was looking for a modern, integrated treasury solution to enable […]
Arthur J. Gallagher & Co. has taken full ownership of Switzerland-based Hesse & Partner and Hesse Consulting (together called Hesse and Partner) by acquiring the remaining shares from founder Guido Hesse. The terms of the deal were not revealed. The US insurance brokerage firm had forged a partnership with Hesse and Partner three years ago […]
Indian IT services company Wipro said that it has fully integrated Opus Capital Markets Consultants following the transition to a new operating model. The newly formed company, which will operate as Wipro Opus Risk Solutions, will continue to offer risk management, compliance, and capital markets services. It is a specialized risk management and quality control […]
World Insurance Associates (WIA), a US insurance brokerage, has acquired LCL Insurance based in Charlotte, North Carolina, for an undisclosed price. LCL Insurance is engaged in providing risk management, risk placement, and claims supervision services. Stewart Little – Managing Partner of LCL Insurance said: “Traditional insurance brokers focus on quoting the “lowest price” to their […]
OneDigital, a US provider of employee benefits insurance brokerage and retirement consulting services, has acquired Missouri-based HM Employee Benefits and Risk Management for an undisclosed price. Established in 1991, HM Employee Benefits and Risk Management offers employee benefits and risk management services to clients across all 50 states and more than 60 countries. The acquisition […]