Tag archive for ‘Insurance industry news’
By businessnewstoday On Thursday, July 2nd, 2020

Coface acquires GIEK Kredittforsikring from Norwegian govt

(adsbygoogle = window.adsbygoogle || []).push({}); US insurance company Coface has closed its acquisition of GIEK Kredittforsikring, a company formed in 2001, and owned by the Norwegian Ministry of More...

By businessnewstoday On Wednesday, July 1st, 2020

Lion Street acquires Mercury Financial to expand in institutional market

Lion Street, a Texas-based financial services company, has acquired Mercury Financial Group, a provider of wealth planning and insurance solutions to financial advisors for high net worth clients, for an undisclosed More...

By businessnewstoday On Friday, June 26th, 2020

Cedar Gate buys capitation management solutions firm Citra Health Solutions

Cedar Gate Technologies, a value-based care performance management company, has acquired Citra Health Solutions, a North Carolina-based provider of capitation management software solutions, for an undisclosed price. Through More...

By businessnewstoday On Wednesday, June 24th, 2020

ManhattanLife to acquire Utah-based Standard Life and Casualty Insurance

ManhattanLife, a US life insurance company, has agreed to acquire Utah-based Standard Life and Casualty Insurance Company for an undisclosed price in a move to expand its national presence and complement its product More...

By businessnewstoday On Monday, June 22nd, 2020

World Insurance Associates acquires Florida-based Dan Woron Agency

World Insurance Associates (WIA), a New Jersey-based insurance agency, has acquired Dan Woron Agency for an undisclosed price. Based in Port St. Lucie in Florida, Dan Woron Insurance Agency is an independent agency More...

By businessnewstoday On Friday, June 12th, 2020

Usage-based Tata AIG AutoSafe car insurance policy launched in India

Tata AIG General Insurance, an Indian general insurer,  has introduced Tata AIG AutoSafe, a usage-based car insurance policy which lets policyholders pay insurance premium only for the kilometers they drive. The More...

By businessnewstoday On Wednesday, June 10th, 2020

Arthur J. Gallagher acquires Queensland-based CA Insurance Brokers

Global insurance brokerage Arthur J. Gallagher & Co. has acquired CA Insurance Brokers based in Brisbane, Queensland, for an undisclosed price. CA Insurance Brokers, which was established in 2002 by Andrew More...

By businessnewstoday On Monday, June 8th, 2020

Munich Re’s ERGO to buy 25% stake in China-based Taishan Insurance

Germany-based ERGO Group, a subsidiary of Munich Re, has agreed to acquire a 24.9% stake in Taishan Property & Casualty Insurance (Taishan Insurance) in a move to enter into the Chinese property and casualty More...

By businessnewstoday On Thursday, June 4th, 2020

PIB Group acquires German reinsurance and insurance broker Marx Re

PIB Group, a UK-based insurance intermediary group, has acquired Marx Re-Insurance Brokers (Marx Re), a German reinsurance and insurance broking company for an undisclosed price. The acquisition of the Munich-based More...

By businessnewstoday On Tuesday, May 26th, 2020

Genstar wraps up sale of Innovative Aftermarket Systems to iA Financial

Genstar Capital said that it has wrapped up its $720 million sale of Innovative Aftermarket Systems (IAS), a marketer, administrator, and underwriter of vehicle protection products, to iA Financial Group. Based More...