Search Results for: Reinsurance

Verisk Acquires Opta, Canada’s Leading Provider of Property Intelligence and Technology Solutions
News Risk Management

Verisk Acquires Opta, Canada’s Leading Provider of Property Intelligence and Technology Solutions

Fintech News Desk
by Fintech News Desk0
Opta provides data-driven insights and risk assessment solutions to insurance and financial services customers Leading global data analytics provider Verisk announced it has acquired Opta, Canada’s leading provider of property intelligence and innovative technology solutions. The acquisition further expands Verisk’s footprint in the Canadian market and supports Opta in reshaping......
Nationwide Reports Record Earnings in 2021 for Its Insurance and Financial Services Business
InsurTech News

Nationwide Reports Record Earnings in 2021 for Its Insurance and Financial Services Business

Fintech News Desk
by Fintech News Desk0
$52.9 billion in record total sales; $2.8 billion in record net operating income; and $21.9B in record total adjusted capital Nationwide—one of the largest and most diversified insurance and financial services companies in the United States—reported 2021 earnings results that were the strongest in the Fortune 100 company’s history. These......
Boost Insurance Powers First and Only Crypto Wallet Insurance Product for Retail Investors
InsurTech News

Boost Insurance Powers First and Only Crypto Wallet Insurance Product for Retail Investors

Fintech News Desk
by Fintech News Desk0
Breach Insurance leveraged Boost’s infrastructure-as-a-service platform to develop the only crypto insurance product available to retail wallet holders Boost Insurance alongside go-to-market partner, Breach Insurance, an insurtech that provides insurance technology and regulated insurance products for the cryptocurrency market, announced the launch of Crypto Shield, the first insurance product for cryptocurrency......
AM Best Updates Net Capital Charge Associated With Fannie-Freddie Mortgage Risk Transfers
Mortgage News

AM Best Updates Net Capital Charge Associated With Fannie-Freddie Mortgage Risk Transfers

Fintech News Desk
by Fintech News Desk0
AM Best has updated tables of net capital charges associated with a representative sample of mortgage-related transactions from Fannie Mae and Freddie Mac’s credit risk transfer (CRT) programs, Freddie Mac’s Agency Credit Insurance Structure (ACIS) and Fannie Mae’s Credit Insurance Risk Transfer (CIRT). These tables also highlight some of the key......
AM Best Upgrades Credit Ratings of CNO Financial Group, Inc. and Its Life/Health Subsidiaries
Finance News

AM Best Upgrades Credit Ratings of CNO Financial Group, Inc. and Its Life/Health Subsidiaries

Fintech News Desk
by Fintech News Desk0
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) for the life/health subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) [NYSE: CNO]. These subsidiaries are referred to collectively as CNO Financial......
Obie Launches Partnership With Digital Partners, a Munich Re Company
InsurTech News

Obie Launches Partnership With Digital Partners, a Munich Re Company

Fintech News Desk
by Fintech News Desk0
Obie to Offer Industry-first Instant Insurance Quotes for Real Estate Investors Obie is partnering with Digital Partners, a Munich Re company, to provide a new, instant insurance offering. This partnership will provide landlords with the ability to obtain bindable insurance quotes for their investment properties within minutes. Latest Fintech Insights: Payrailz Passes......
AM Best Assigns Credit Ratings to Universal Fire & Casualty Insurance Company and Its Subsidiary
InsurTech News

AM Best Assigns Credit Ratings to Universal Fire & Casualty Insurance Company and Its Subsidiary

Fintech News Desk
by Fintech News Desk0
AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Universal Fire & Casualty Insurance Company (UFCIC) (headquartered in Waterford, MI) and its wholly owned subsidiary, Shield Indemnity Incorporated (Shield) (Dublin, OH). The outlook assigned to......
Field Pros Direct Is Pleased to Welcome Hunter Moss as He Assumes the Role of President and COO
Capital Markets Fintech News

Field Pros Direct Is Pleased to Welcome Hunter Moss as He Assumes the Role of President and COO

Fintech News Desk
by Fintech News Desk0
Field Pros Direct (FPD), an industry-leading, tech-enabled claims solution developed to simplify the claims process announced the appointment of Hunter Moss as President and COO. Moss assumed this position in December 2021 and will report to Matt Anderson, Founder and CEO of Field Pros Direct. Latest Fintech Insights: Nexbloc and Arcade Network Partner to Bring Blockchain......
Tech Mahindra Bets Big on Digitally Transforming Insurance Industry
InsurTech News

Tech Mahindra Bets Big on Digitally Transforming Insurance Industry

Fintech News Desk
by Fintech News Desk0
Acquisition of Com Tec Co IT Ltd will significantly enhance digital engineering capability and establish scalable nearshore delivery presence in Europe with over 700 highly skilled IT professionals Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services & solutions, announced 100% acquisition of Com Tec Co......
NextPlay Technologies Reports Fiscal Q3 2022 Record Revenue of $4.2 Million, up 59% Sequentially
Business Digital News

NextPlay Technologies Reports Fiscal Q3 2022 Record Revenue of $4.2 Million, up 59% Sequentially

Fintech News Desk
by Fintech News Desk0
NextPlay Technologies, Inc., a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, reported results for the third quarter of fiscal 2022 ended November 30, 2021. Fiscal Q3 Financial Highlights Achieved record quarterly revenue of $4.2 million, +59% from the previous quarter. This compares very favorably to $0 revenue......
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