Search Results for: commercial insurance

Marsh to Acquire Honan Insurance Group
InsurTech News

Marsh to Acquire Honan Insurance Group

PR Newswire
Transaction to create leading corporate risk and strata insurance offering in Australia and New Zealand Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, announced that it has reached agreement to acquire 100% of the outstanding share capital of Honan Insurance Group Pty Ltd......
Golden Bear Insurance Company Deploys Guidewire Cloud to Enhance Claims Operations
Cloud InsurTech News

Golden Bear Insurance Company Deploys Guidewire Cloud to Enhance Claims Operations

Business Wire
Leading P&C insurer leveraging Guidewire Cloud for real-time data access and to deliver value to agents and policyholders Golden Bear Insurance Company (Golden Bear), a leading provider of commercial property and casualty and professional liability insurance, and Guidewire  announced that Golden Bear successfully deployed Guidewire ClaimCenter on Guidewire Cloud to power claims operations, adapt to......
1st Commercial Credit Affiliates Secure $170 Million in Credit Protection with Allianz Trade
Finance Fintech News

1st Commercial Credit Affiliates Secure $170 Million in Credit Protection with Allianz Trade

PR Newswire
1st Commercial Credit, LLC, a distinguished financial services provider, is pleased to report the successful procurement of $170 million in credit protection from Allianz Trade for its affiliated factoring companies, namely Capital Credit Incorporated, Commerce Commercial Credit, Inc, and Contract Credit, Inc. In the current economy, debtor behavior is volatile; even reliable payers......
Praxent Helps Insurance Systems Create Compelling Digital Experiences for Insurance Companies
Digital Fintech InsurTech News

Praxent Helps Insurance Systems Create Compelling Digital Experiences for Insurance Companies

Business Wire
ISI partners with Praxent to help insurers boost efficiency, retention, and customer acquisition Praxent, a financial services digital experience consultancy and development firm with more than two decades of experience, announced that it has partnered with Insurance Systems Inc. (ISI) to offer custom digital experiences for insurers. “We’re proud to support......
Functional Finance Raises $8 Million to Further Expand Operational Efficiency for the Insurance Industry
InsurTech Investment Services News

Functional Finance Raises $8 Million to Further Expand Operational Efficiency for the Insurance Industry

PR Newswire
Funding, led by NEA with the support of other premier investors including Hank Greenberg’s C.V. Starr Insurance, will accelerate product development and marketing initiatives that focus on streamlining back-office functions for companies in the insurance industry Functional Finance, a software platform that integrates and automates data and reporting functions for insurance companies,......
Westland Insurance acquires Hubbard Insurance and Assurance Belliveau Insurance
InsurTech News

Westland Insurance Acquires Hubbard Insurance and Assurance Belliveau Insurance

GlobeNewswire
Westland continues to grow across Canada with acquisitions in ON and NB Westland Insurance, Canada’s leading independently-owned insurance brokerage, announced that it acquired two P&C brokerages: Hubbard Insurance Group and Assurance B. Belliveau Insurance Inc. These acquisitions contribute to Westland’s national expansion and bring Westland into new areas. Latest Fintech......
The Insurance Company of Prince Edward Island Selects Guidewire Cloud for Business Growth
Cloud InsurTech News

The Insurance Company of Prince Edward Island Selects Guidewire Cloud for Business Growth

Business Wire
The Insurance Company of Prince Edward Island (ICPEI), a provider of personal and commercial insurance in Canada, and Guidewire announced that ICPEI selected Guidewire InsuranceSuite on Guidewire Cloud to power its core business, simplify its IT operations, adapt to changing market demands, deliver more value to its broker partners and policyholders, and to continue to......
American Trucking and Transportation Insurance Company Selects Gradient AI to Improve Trucking Claims Outcomes
Artificial Intelligence InsurTech News

American Trucking and Transportation Insurance Company Selects Gradient AI to Improve Trucking Claims Outcomes

Business Wire
Enhances Claims Management and Facilitates Better Outcomes Through an Integrated Solution with Origami Risk Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, announced that American Trucking and Transportation Insurance Company, a Risk Retention Group (ATTIC, RRG) selected Gradient AI’s claims management solution......
Harford Mutual Insurance Group Transforms Multi-Line Claims Admin With Origami Risk’s P&C Insurance Tech
InsurTech News

Harford Mutual Insurance Group Transforms Multi-Line Claims Admin With Origami Risk’s P&C Insurance Tech

Business Wire
State-of-the-art platform dramatically expands insurer’s claims capabilities, supporting accelerated growth and focus on quality service Harford Mutual Insurance Group has fully implemented Origami Risk’s multi-tenant, software-as-a-service (SaaS) P&C solution for claims adjudication, reporting, and the delivery of enhanced client services across all its commercial property and casualty insurance lines. Read......
Accel-KKR to Sell Kerridge Commercial Systems Ltd
Investment Services News

Accel-KKR to Sell Kerridge Commercial Systems Ltd

PR Newswire
Accel-KKR, a global technology-focused private equity firm, announced that it has signed a definitive agreement to sell Kerridge Commercial Systems Ltd, an ERP and business management software provider for distributors, wholesalers and related trades, to CapVest Partners LLP, an international private equity firm. KCS, headquartered in Berkshire, England, provides software to over......
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