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

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

Hippo Holdings 1-for-25 Reverse Inventory Break up to Turn out to be Efficient at 11:59 pm EDT September 29, 2022

PALO ALTO – Hippo Holdings Inc. (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced that it had filed a Certificate of Amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the previously announced 1-for-25 reverse stock split of the company’s common … Read more

Hippo 1-for-25 Reverse Inventory Cut up to Develop into Efficient at 11:59 pm EDT September 29, 2022

Hippo Holdings Inc. (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced that it has filed a Certificate of Amendment to its Certificate of Incorporation with the Secretary of the State of the State of Delaware to effect the previously announced 1-for- 25 reverse stock split of the company’s common stock … 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

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

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

Duck Creek Applied sciences Focuses on Enhancing Distribution Channels and Velocity ​​to Marketplace for Insurers with UK / EMEA Growth of Duck Creek Producer

London, Sept. 27, 2022 (GLOBE NEWSWIRE) — Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, is pleased to announce today the international expansion of Duck Creek Producer, a cutting-edge platform for enhancing the relationships between insurers and brokers and accelerating speed-to-market for distributing new products. … Read more