Accenture Acquires Blackcomb Consultants to Assist Insurance coverage Carriers Speed up Digital Transformation within the Cloud

Accenture (NYSE: ACN) has acquired Blackcomb Consultants, a leading independent Guidewire partner in North America. Terms of the transaction were not disclosed. The acquisition enhances Accenture’s ability to deliver Guidewire solutions to insurers globally to help them become “cloud-first” businesses. Guidewire’s end-to-end technology platform combines digital, core analytics and artificial intelligence capabilities across the underwriting, … 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

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

Lincoln Monetary Group and Trendy Life associate to speed up digital transformation in life insurance coverage

Partnership leverages Lincoln’s leadership in product and distribution with Modern Life’s technology and digital brokerage expertise Lincoln Financial Group (NYSE: LNC) today announced a new partnership between Lincoln Financial Distributors (LFD), its wholesale distribution franchise, and Modern Life, a tech-enabled life insurance brokerage. The partnership will enable Lincoln’s life insurance product portfolio to be delivered … Read more

BlackRock Research: World Insurers are Future-Proofing Portfolios Amidst Shifting Markets

Global insurers are innovating their investment approaches amidst rapidly changing market conditions this year, focusing on resilient portfolio construction, liquidity management, and integrated technology, according to BlackRock’s 11th annual Global Insurance Report. The firm surveyed 370 insurance investors across 26 markets, representing nearly $28 trillion USD in assets under management. Charles Hatami, Global Head of … Read more

GoHealth Receives $50 Million Strategic Funding to Help Lengthy-Time period Progress Alternatives

Transaction further strengthens balance sheet and provides additional funding to invest in new technologies that will fuel the expansion of GoHealth’s beneficiary-centric enrollment and engagement platform CHICAGO, Sept. 26, 2022 /PRNewswire/ — GoHealth, Inc. (Nasdaq: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, announced that it has closed a $50 million private … Read more

Solar Life named a Prime Office by the Hartford Courant for third consecutive yr

Wellesley, Mass., Sept. 23, 2022 /PRNewswire/ — Sun Life has been named a Top Workplace by the Hartford Courant for the third year in a rowa recognition based on employee surveys conducted by Energage, as well as information about Sun Life’s employee programs and benefits. “We believe in creating a workplace that fosters support, flexibility, … Read more

The Newest Era Of M&A Disputes: 4 Tendencies

Looking back on the strongest M&A market in history and the disputes that have been emerging. 2021 was a record year for mergers and acquisitions (M&A). Driven by high values ​​and abundant liquidity, the total global value of all deals reached an all-time high of USD$5.9 trillion64% higher than 2020. Since then headwinds from geopolitical … Read more

Canadian Digital Fraudsters More and more Goal Insurance coverage Trade in First Half of 2022

TORONTO, Ontario, Sept. 22, 2022 (GLOBE NEWSWIRE) — According to a TransUnion Canada TruValidate study, for the second consecutive quarter, the rate of suspected global digital fraud attempts in the insurance industry experienced the greatest rise on a year-over-year basis, increasing 159% between Q2 2021 and Q2 2022 (+125% originating from Canada). This follows a … Read more

Lemonade To Maintain Investor Day on November 15, 2022

Lemonade, Inc. (NYSE: LMND) announced today it will hold an in-person Investor Day on Tuesday, November 15, 2022 in New York City. Attendees can join in-person at a New York City venue to be announced or virtually through a live webcast. Please note that in-person attendance is by invitation only and advance registration is required. … Read more