The on-line risk management service Global Risk Exchange announced that it had concluded a deal with Oil Insurance Ltd. and its subsidiary Oil Casualty Insurance Ltd. to provide them with a new technology platform.
The two mutual companies, which are controlled by a number of large energy producers, plan to use the new capabilities “in conjunction with our broker, insurance, and reinsurance partners to offer enhanced services and market capacity to our influential membership,” said Jack Wesley President and CEO of OIL and OCIL.
Was this article valuable?
Here are more articles you may enjoy.
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer 
