All articles by Shubhendu Vimal
Shubhendu Vimal
Trucordia acquires Paradiso Financial and Insurance Services
Paradiso is headquartered in Stafford Springs, Connecticut, and provides personal and commercial insurance products including auto, home, life, business, and specialty lines.
Zurich UK appoints Mark McCausland as COO
McCausland joins from Chubb, where he was global head of transformation.
Counterpart raises $50m in Series C round
According to the company, the funding will support broader specialty product offerings through partnerships with wholesale brokers.
Protective Life to acquire Obsidian from Genstar
The acquisition will be carried out through the Protective Life Insurance Company, the group’s main operating subsidiary, and will create a new line of business for the company.
AIG names former Aon executive Eric Andersen as CEO
Andersen succeeds Peter Zaffino, who has moved into the role of executive chair.
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Volkswagen FS UK names Wrisk for van insurance
Customers collecting Volkswagen commercial vehicles will be offered up to three days’ complimentary Drive Away insurance.
LexisNexis and Cytora partner on US commercial underwriting
In the initial stage, the integration will introduce US commercial firmographic data through LexisNexis Commercial Data Prefill, with further product connections planned.
JFSL, Allianz formalise equal joint venture for India insurance
The proposed entity will combine JFSL’s digital infrastructure and distribution reach with Allianz’s experience in insurance.
ADNIC secures India approval for GIFT City reinsurance branch
The approval was granted by the IFSCA, allowing the insurer to carry out reinsurance business from India’s International Financial Services Centre in Gujarat.
Keyes Coverage expands in Florida with Seibert Insurance acquisition
Tampa-based Seibert Insurance Agency provides personal and commercial insurance services and employs 18 people.