UK insurance giant Aviva has announced that it is expanding its relationship with Right Choice Insurance Brokers, the motor insurance specialist within Lucida Group. The new 12-month deal builds on Aviva’s long-standing relationship with the Romford-based business by adding an…
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FM Global Named Malcolm Roberts as President
FM Global, the global commercial property insurer, made an announcement that Executive Vice President Malcolm C. Roberts has been appointed as president and elected to the FM Global’s board of directors, which will be effective from Aug 1st, 2021. He…
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5 Ways Insurance companies rose up to the COVID-19 challenge
Insurance is a highly intricate business that involves multiple procedures to administer like existing policies, new policies, selling new business, renewing policies, processing claims, and addressing customer inquiries. Adding to this intricate business, there are now new challenges due to…
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Specialty Insurer ProSight Bought by Private Equity Group
ProSight Global Inc., a specialty insurer that went public in 2019, will be taken private in a deal with TowerBrook Capital Partners L.P., an international investment management firm, and Further Global Capital Management, a private equity firm focused on the…
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Cayman Islands Reinsurers Form Industry Group
A group of reinsurance companies located in the Cayman Islands formed a new industry group, the Cayman International Reinsurance Companies Association (“CIRCA”). Under its mission statement, CIRCA is “the industry group for commercial reinsurers located in the Cayman Islands, dedicated…
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PIB Group and Ageas announce £40m GWP deal
Broker PIB Group has confirmed a five-year agreement with insurer Ageas to write its tenant risk scheme. Ageas will underwrite the scheme, which offers bespoke cover, wide acceptance criteria, and flexible payment options for social housing tenants in England, Scotland,…
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Insurance Tech Virtual Conference Inviting 25+ Experts on AI, IoT, Customer Experience, Innovations and Data Analytics
In view of the current trends in technology transformations and innovation in the insurance business, Altaworld is hosting a premier Insurance Tech Virtual Conference on December 14 – 15, 2020 with 25+ technology experts speaking over the two days. Additionally,…
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Employers Asked to Reveal Data to Test Their Diversity Pledges
As per the movement of activists and analysts, more data is being collected to help investors, employees, and customers to analyze the pledges many American companies have made to diversify their workforce and boardrooms. Speakers on a panel at the…
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