DEFINITY ACQUIRES A MAJORITY STAKE IN MCDOUGALL INSURANCE, BUILDING A BROKER PARTNERSHIP WITH PROVEN M&A EXPERTISE

(TSX: DFY) Highlights Acquisition of established broker partner with a track record of profitable growth Builds on a strong, pre-existing relationship between Definity and McDougall Provides earnings diversification for Definity via distribution income Immediately accretive to Definity’s operating ROE and operating EPS WATERLOO, ON, Oct. 3, 2022 /CNW/ – Definity Financial Corporation (“Definity”) (TSX: DFY) … Read more

Lily, Insuritas’ Digital Insurance coverage Assistant Harnesses AI and Automation to Assist Enhance Insurance coverage Gross sales by 144% YOY

Whether it’s marketing emails, live chat, phone calls, or online quoting, Lily provides a consistent customer experience for comparing and purchasing insurance. Lily is able to provide customers with a consistent, accessible, and valuable experience, which customers have begun to expect from companies as technology advances.” — Donna Jermer, Insuritas Chief Marketing Officer EAST WINDSOR, … Read more

Ping An #23 in FutureBrand Index 2022, Tops Monetary Sector Record

HONG KONG and SHANGHAI, Sept. 30, 2022 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (hereafter”Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that Ping An ranked #23 in the FutureBrand Index 2022. Ping An also topped the Financial Sector list for the second consecutive year. The FutureBrand Index is derived from a … Read more

Trisura Acquires Sovereign Insurance coverage’s Surety Enterprise

TORONTO, Sept. 30, 2022 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura”) and The Sovereign General Insurance Company (“Sovereign Insurance”) are pleased to announce the acquisition by Trisura of Sovereign Insurance’s surety business in Canada. The deal provides Trisura with access to a portfolio of contract, commercial and developer surety accounts, which in 2021 produced an … Read more

Namibia Leads in Digital Fraud Makes an attempt

SUSPECTED digital fraud attempts from Namibia increased by 36% in the second quarter of 2022, compared to the same period last year, and compared to a -14% shown globally. This is according to a Trans-Union quarterly fraud analysis released on Tuesday, showing that the rate of suspected digital fraud attempts originating from Namibia has decreased … Read more

Reliance World Group Pronounces RELI Change Surpasses 100 Company Companions

LAKEWOOD, NJ, Sept. 29, 2022 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced that RELI Exchange, its business-to-business ( B2B) InsurTech platform and agency partner network, has surpassed 100 … Read more

Insurance coverage Australia : IAG and the US Nationwide Middle for Atmospheric Analysis (NCAR) launch new findings about the way forward for tropical cyclone exercise alongside Australia’s east coast

Tropical cyclones will become more intense and impact larger areas of Australia’s east coast according to new research co-authored by General Insurer IAG’s Natural Perils team in partnership with NCAR. The latest research findings, published in the Journal of Weather and Climate Extremesindicate that the frequency of Queensland tropical cyclones will remain highly variable between … Read more

ExtrasJar Selects EML Funds To Disrupt Well being Insurance coverage In Australia

EML Payments Limited (ASX: EML) is helping ExtrasJar to create a more flexible, customer-centric insurance industry and empower Australian consumers to choose their provider and switch insurance expenses into investments, giving instant access to funds at the time of health and pet treatments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220928005803/en/ With … Read more

New ERGO motor insurance coverage: Complete companies, full transparency and award-winning digital claims dealing with

ERGO now offers a new motor insurance tariff that comprises the products Smart and Best. The tariff provides powerful coverage and is clearly structured; the basic coverage offers a comprehensive range of services. Customers can tailor their insurance coverage to their individual requirements with a selection of add-on modules. In the event of an accident, … Read more

Man Carpenter Enters Unique Settlement with TNEDICCA to Improve US Auto Threat Evaluation

NEW YORK – Guy Carpentera leading global risk and reinsurance specialist and a business of Marsh McLennan (NYSE: MMC), announced today that it has entered an agreement with TNEDICCA, a leader in location-based traffic-crash intelligence and predictive analytics. This exclusive agreement enables Guy Carpenter to deliver enhanced auto analytics to its insurance carrier clients. Guy … Read more