Search Results for: business insurance

Hazel Announces Definitive Merger Agreements with Even and ONE
Fintech Investment Services News

Hazel Announces Definitive Merger Agreements with Even and ONE to Build a Business

Fintech News Desk
by Fintech News Desk0
The fintech will operate under the ONE brand after the transactions close and will deliver products to help consumers get paid, spend, save, borrow and grow their money Hazel, the independent fintech launched in partnership with Walmart and leading investment firm Ribbit Capital, announced that it has entered into definitive......
Farmers Insurance Earns Top Score in Human Rights Campaign Foundation's 2022 Corporate Equality Index
InsurTech News

Farmers Insurance Earns Top Score in Human Rights Campaign Foundation’s 2022 Corporate Equality Index

Fintech News Desk
by Fintech News Desk0
For the fourth consecutive year, Farmers earns 100 on the Human Rights Campaign Foundation’s annual assessment of LGBTQ+ workplace equality Farmers Insurance proudly announced that it received a score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index, the nation’s foremost benchmarking survey and report measuring corporate policies......
Mexarrend And Zinobe Announce Business Combination To Create Tangelo, A Technology Company Delivering Innovative Credit Solutions Across Latin America
Finance News Risk Management

Mexarrend And Zinobe Announce Business Combination To Create Tangelo, A Technology Company Delivering Innovative Credit Solutions Across Latin America

Fintech News Desk
by Fintech News Desk0
– Tangelo specializes in helping companies build and scale tech-enabled credit solutions targeting Latin America’s SMEs and consumer segments through its proprietary technology platform and risk management tools. – Combined business creates one of the largest alternative credit players in LatAm, which leverages the agility and versatility of a leading......
Ascend Raises $30m Series A And Secures $250m Lending Commitment To Boost Modern Insurance Payment Offerings
Finance InsurTech Lending News

Ascend Raises $30m Series A And Secures $250M Lending Commitment To Boost Modern Insurance Payment Offerings

Fintech News Desk
by Fintech News Desk0
Ascend, the first modern insurance payments platform, announced that they have raised a $30M Series A in equity funding, bringing the total funding raised to $39M along with a $250M lending commitment to finance insurance premium loans through its platform facilitated by Hudson Structured Capital Management Ltd. – doing its re/insurance business as HSCM Bermuda......
IDT Acquires Sochitel, A Global FinTech and Digital Distribution Business
Business Fintech News

IDT Acquires Sochitel, A Global FinTech and Digital Distribution Business

Fintech News Desk
by Fintech News Desk0
IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, announced that it has acquired a majority stake in Sochitel, a global hub and digital distribution platform for mobile top-up, electronic vouchers, and other value transfer services. Latest Fintech Insights: AM Best Upgrades Credit Ratings of CNO Financial......
Relation Insurance Services, Inc. Acquires the Assets of Hodge Ethridge Insurance and Financial Services, LLC
Finance InsurTech News

Relation Insurance Services, Inc. Acquires the Assets of Hodge Ethridge Insurance and Financial Services, LLC

Fintech News Desk
by Fintech News Desk0
Transaction adds to Relation’s presence in South Carolina and further expands the Relation Select platform Relation Insurance Services, Inc. (“Relation”), one of the largest and fastest-growing national insurance agencies, announced it acquired the assets of South Carolina-based Hodge Ethridge Insurance and Financial Services, LLC (“Hodge Ethridge”). Hodge Ethridge was previously......
Insurance Technologies Names Laird Rixford as New Chief Executive Officer
InsurTech News

Insurance Technologies Names Laird Rixford as New Chief Executive Officer

Fintech News Desk
by Fintech News Desk0
Seasoned InsurTech Innovator to Lead Company Through Next Chapter of Growth Insurance Technologies, LLC (“InsurTech”), a provider of sales and regulatory automation solutions for the insurance and financial services industries, is pleased to announce the appointment of Laird Rixford as the company’s new Chief Executive Officer. A veteran financial technology......
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......
VR Insurance Holdings, Inc. Announces Acquisition of The National Security Group, Inc.
InsurTech News Security

VR Insurance Holdings, Inc. Announces Acquisition of The National Security Group, Inc.

Fintech News Desk
by Fintech News Desk0
The National Security Group, Inc. and VR Insurance Holdings, Inc. (“VR Holdings”) announced that they have entered into a definitive merger agreement, under which VR Holdings has agreed to acquire all of the outstanding common shares of The National Security Group, Inc. (“NSG” or the “Company”) for $16.35 per share......
Umpqua Bank Contributes $15.5 Million to Washington's Small Business Flex Fund
Banking Fintech Funding News

Umpqua Bank Contributes $15.5 Million to Washington’s Small Business Flex Fund

Fintech News Desk
by Fintech News Desk0
This additional private-sector commitment brings the fund’s total to $85.5 million for the first-of-its-kind state small business lending program The Small Business Flex Fund announced that it has received $15.5 million in committed capital from Umpqua Bank. The Flex Fund has now raised a total of $85.5 million that will benefit small businesses and......
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