Tag: Insurance industry news

Wipro to enhance RSA’s infrastructure in three-year cloud technology deal

businessnewstoday- December 12, 2023

Wipro Limited, a global leader in technology services and consulting, today unveiled its latest agreement with RSA, one of the world's foremost general insurance companies. ... Read More

Manulife Financial announces landmark LTC reinsurance deal with Global Atlantic

businessnewstoday- December 12, 2023

Manulife Financial Corporation has announced a transformative reinsurance transaction with Global Atlantic, a leading insurance provider. This deal, involving the reinsuring of C$13 billion of ... Read More

Arthur J. Gallagher & Co. expands with acquisition of My Plan Manager Group

businessnewstoday- December 10, 2023

In a significant move within the insurance and disability services industry, Arthur J. Gallagher & Co. has announced the acquisition of My Plan Manager Group ... Read More

Hub International acquires employee benefits firm Creative Business Solutions

businessnewstoday- December 10, 2023

In a move signaling continued growth and expansion in the insurance brokerage and financial services industry, Hub International Limited (Hub), a leading global insurance brokerage ... Read More

WT Financial Group completes acquisition of Millennium3 Financial Services

businessnewstoday- December 8, 2023

WT Financial Group Limited (ASX: WTL), a prominent financial services entity, is pleased to announce the successful completion of acquiring 100% of the issued capital ... Read More

Data security incident at Pan-American Life Insurance : Critical vulnerability in MOVEit transfer leads to data exposure

businessnewstoday- December 5, 2023

Pan-American Life Insurance Group (PALIG), a key player in the life, accident, and health insurance sector in the Americas, has been affected by a widespread ... Read More

HCLTech and Roadzen partner to revolutionize auto insurance with AI technology

businessnewstoday- November 30, 2023

In a groundbreaking move for the auto insurance industry, global technology leader HCLTech and AI-driven auto insurance innovator Roadzen have announced a collaborative effort. This ... Read More

KKR to acquire full ownership of insurance giant Global Atlantic for $2.7bn

businessnewstoday- November 29, 2023

KKR & Co. Inc. (NYSE: KKR) and Global Atlantic Financial Group announced a landmark deal, signaling KKR's acquisition of the remaining 37% stake in Global ... Read More

Aviva to acquire Canadian vehicle replacement insurance provider Optiom

businessnewstoday- November 28, 2023

Aviva plc has announced its acquisition of Optiom O2 Holdings Inc, commonly known as Optiom, for a consideration of approximately £100 million (about CAD$170 million). ... Read More

Karnataka Bank, HDFC Life forge partnership for life insurance solutions

businessnewstoday- November 20, 2023

Karnataka Bank has announced a strategic corporate tie-up with HDFC Life, one of India's leading life insurance providers. This partnership is designed to offer a ... Read More