Search Results for: business insurance

AM Best Withdraws Credit Ratings of Kingstone Insurance Company
Fintech InsurTech News

AM Best Withdraws Credit Ratings of Kingstone Insurance Company

Business Wire
AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) of Kingstone Insurance Company (KICO) (Kingston, NY). The outlook of these Credit Ratings (ratings) is negative. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer......
JustPaid, AI-Powered Finance Company, Launches Tools for Small Businesses
Finance News

JustPaid, AI-Powered Finance Company, Launches Tools for Small Businesses

PR Newswire
JustPaid launches with $3.5M Investment from Rebel Fund and others JustPaid, the AI-powered Finance Company, has recently launched its innovative suite of services after successfully raising $3.5M in a seed funding round. JustPaid specializes in providing SMBs with automated bill payment, contract validation, and real-time AI financial auditing solutions, gaining the support and interest......
Oakbridge Insurance Expands Presence in North Carolina Through Partnership with JHA Risk Management
InsurTech News

Oakbridge Insurance Expands Presence in North Carolina Through Partnership with JHA Risk Management

PR Newswire
Oakbridge Insurance Agency LLC (Oakbridge), one of the largest independent insurance and risk management agencies in the United States, announced a new partnership with JHA Risk Management (JHARM), a personal and commercial property and casualty insurance agency in Rocky Mount, North Carolina. Specializing in risk management solutions, surety bonds, employee benefits and construction......
Brookfield Reinsurance to Acquire AEL in $4.3 Billion Transaction
InsurTech Investment Services News

Brookfield Reinsurance to Acquire AEL in $4.3 Billion Transaction

GlobeNewswire
Brookfield Reinsurance and American Equity Investment Life Holding Company announced that they have entered into a definitive agreement whereby Brookfield Reinsurance will acquire all of the outstanding shares of common stock of AEL it does not already own in a cash and stock transaction that values AEL at approximately $4.3......
NFP Acquires Presidio Financial Services Corporation, Expands Its Specialized Medical Malpractice Insurance Expertise
InsurTech News

NFP Acquires Presidio Financial Services Corporation, Expands Its Specialized Medical Malpractice Insurance Expertise

Fintech News Desk
Acquisition strengthens NFP’s P&C presence in the Western US NFP, a leading property and casualty broker (P&C), benefits consultant, wealth manager and retirement plan advisor, announced it has acquired Presidio Financial Services Corporation (Presidio). Based in Westlake Village, California, Presidio is an independent insurance brokerage that provides an extensive range......
Nassau Financial Group Completes Acquisition of Delaware Life Insurance Company of New York
InsurTech News

Nassau Financial Group Completes Acquisition of Delaware Life Insurance Company of New York

Business Wire
Latest expansion of Nassau’s New York insurance business Nassau Financial Group, L.P.  announced that its subsidiary, Nassau Life Insurance Company (“NNY”), has completed the acquisition of Delaware Life Insurance Company of New York (“DLNY”) from Delaware Life Insurance Company (“Delaware Life”), a Group 1001 company. “It has been our pleasure......
Alliant Insurance Services Hires Peter Mahoney, Grows Northeast Brokerage Team
InsurTech News

Alliant Insurance Services Hires Peter Mahoney, Grows Northeast Brokerage Team

Business Wire
Mahoney will focus on designing, implementing, and managing risk mitigation solutions for growing regional client base Peter Mahoney has joined Alliant Insurance Services as Senior Vice President within its Alliant Americas division. Based in White Plains, New York, Mahoney will focus on designing, implementing, and managing risk mitigation solutions and strategies......
Opnfi and actyv.ai Partner to Bring Embedded Finance Solutions for Businesses
Artificial Intelligence Finance News

Opnfi and actyv.ai Partner to Bring Embedded Finance Solutions for Businesses

Business Wire
Embedded finance firm, Opnfi and actyv.ai, an AI-powered enterprise SaaS platform with embedded B2B BNPL and insurance, announced a strategic partnership to bring B2B Embedded Finance (EmFi) solutions for businesses in high-growth potential markets in South Asia, ASEAN, the Middle East and Africa. “Our partnership will transform financial services in the South Asia,......
Insurance Industry Veteran named President of Exdion’s Insurance Operations
InsurTech News

Insurance Industry Veteran named President of Exdion’s Insurance Operations

Business Wire
Exdion Solutions, a leading developer of commercial insurance policy management and data analytics software, announced that S. Steven Salar has been named the President and Head of Insurance Operations. Also Read: Global Fintech Interview with JB Orecchia, President and CEO of SavvyMoney “I’m excited that Steven has joined our exceptional management......
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