Search Results for: finance and insurance

Jefferies Finance Launches Direct Lending BDC with Anchor Commitment from ADIA
Investment Services News

Jefferies Finance Launches Direct Lending BDC with Anchor Commitment from ADIA

Business Wire
by Business Wire0
Jefferies Credit Partners, a leading private credit manager and the asset management arm of Jefferies Finance LLC, announced the intention to launch a private placement of a business development company (“BDC”) to further enhance its lending capacity in the private credit space. Jefferies Finance is a joint venture of Jefferies......
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
by Business Wire0
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......
Securian Canada Selects the FINEOS Platform to Expand Disability Management Offering
Fintech InsurTech News

Securian Canada Selects the FINEOS Platform to Expand Disability Management Offering

Business Wire
by Business Wire0
FINEOS Corporation announced that Securian Canada has selected FINEOS for its disability management claims administration software solution. Securian Canada is a leading insurance provider of innovative, life-ready insurance and protection solutions in Canada. The FINEOS claims administration solution is scheduled to go live this fall to support Securian Canada’s short- and long-term disability......
Forge Insurance Selects Majesco P&C Core Suite and Majesco Digital Agent360 to Accelerate Innovation
InsurTech News

Forge Insurance Selects Majesco P&C Core Suite and Majesco Digital Agent360 to Accelerate Innovation

Business Wire
by Business Wire0
Majesco, a global leader of cloud insurance platform software for insurance business transformation, announced Forge Insurance, a leading specialist commercial auto insurer in the small business segment, selects Majesco P&C Intelligent Core Suite and Majesco Digital Agent360 to scale their business, accelerate innovation and bring new products to market quickly.......
Foresight Commercial Insurance Selects CLARA Analytics to Improve Claim Outcomes
Artificial Intelligence News

Foresight Commercial Insurance Selects CLARA Analytics to Improve Claim Outcomes

Business Wire
by Business Wire0
Innovative Workers’ Comp MGU Leverages the CLARA Artificial Intelligence Platform After a competitive selection process, Foresight Commercial Insurance (“Foresight”), an innovative managing general underwriter (MGU) of workers’ compensation insurance, has named CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, as their partner in a new initiative that......
Kinecta Federal Credit Union Opens New Branch in Thousand Oaks
Finance News

Kinecta Federal Credit Union Opens New Branch in Thousand Oaks

PR Newswire
by PR Newswire0
On Monday, June 26, Kinecta Federal Credit Union opened its newest branch in Thousand Oaks, California. This new branch brings Kinecta’s convenient and accessible financial services, lower loan rates, higher savings rates and wealth management resources to the Thousand Oaks community. “We are proud to open this newest branch in the Thousand Oaks area,” said Keith Sultemeier, President and......
Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team
Fintech News

Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team

Business Wire
by Business Wire0
Completes initial phase of debt restructuring covering 49 assets financed by Fannie Mae and Ally Bank Fannie Mae agreement will result in approximately $40 million of additional free cash flow over the next three years Conversant Capital, Sonida’s largest shareholder, provides $13.5 million equity commitment, available to Sonida at its......
AM Best Withdraws Credit Ratings of Kingstone Insurance Company
Fintech InsurTech News

AM Best Withdraws Credit Ratings of Kingstone Insurance Company

Business Wire
by Business Wire0
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......
Conning and Its Affiliates to Be Acquired by Generali; Transaction Enhances Firms’ Long-Term Growth Plans
Fintech News

Conning and Its Affiliates to Be Acquired by Generali; Transaction Enhances Firms’ Long-Term Growth Plans

Business Wire
by Business Wire0
Conning and its Affiliates Will Continue to Operate under Current Leadership and Brands New Strategic Support Expected from Generali to Accelerate the Strategy for Conning and its Affiliates Conning’s Partnership with Cathay Life to Continue Conning Holdings Limited (“Conning and its Affiliates1”), a leading global asset manager serving the needs......
1