Texas-based ITC, a provider of websites, agency marketing, comparative rating and management software and services, announced today that it has received a majority equity investment from Accel-KKR, a technology-focused private equity firm. The new partnership will provide resources and capital …
Hub International Ltd., a Chicago-based insurance brokerage, announced it has acquired the shares of The Benefits Co. Inc. (TBC). Terms of the acquisition were not disclosed. Headquartered in Windsor, Ontario, TBC assists, guides and protects its clients through the various …
Integro Insurance Brokers, the New York-based insurance brokerage and specialty risk management firm, announced it will acquire 100 percent of Hawkes Bay Holdings Ltd. (HBH), the privately owned parent company of Tysers & Co. Ltd., a specialist Lloyd’s broker. Further, …
Underwriting is not dying. It is just being automated into digital algorithms versus analog human beings. Technology’s effect on life insurance underwriting is easiest to show by example. It is also further advanced in many ways. For example, what if …
The British Insurance Brokers’ Association (BIBA) has formed an agreement with the Worldwide Broker Network (WBN) so that BIBA’s UK-based brokers are introduced to WBN’s EU-based brokers — thereby enabling continuity for BIBA members’ EU clients after Brexit. WBN has …
Delegated authority specialist and Lloyd’s broker Endeavour Insurance Services announced that niche broker Stonehatch Risk Solutions has become an appointed representative of the company. Based in London, Stonehatch was founded in 2014 and specializes in bloodstock and equine insurance, as …
BMS Group Ltd., the London-based re/insurance broking arm of Minova Insurance, announced the launch of BMS Innovation Labs, a platform that aims to drive change and innovation within the company and the wider insurance industry. BMS Innovation Labs will focus …
Marsh has announced that it has joined the Enterprise Ethereum Alliance (EEA), an open source blockchain initiative with 400 member companies. The EEA seeks to create open industry standards and frameworks for blockchain applications based on the core Ethereum platform. …
Independent Lloyd’s broker AFL Insurance Brokers Ltd. announced the launch of a commercial marine division, and the appointment of Alex Mott as director of Marine. A senior marine insurance professional with 16 years of international experience, Mott previously managed the …
London-based broker Beach & Associates announced the completion of its acquisition by Acrisure LLC, the Michigan-based retail consulting and insurance broker. Having obtained all necessary regulatory approvals, Acrisure has acquired 100 percent of the company’s equity from existing shareholders. These …
