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Ascot US deploys Phinsys solution to automate finance operations 

The alliance has enabled Ascot US to implement vital tools and capabilities to advance its finance and accounting functions.

Origin Specialty Underwriters acquires AIMS for agricultural insurance growth  

Licensed in more than 30 US states, the acquired company offers insurance for farm equipment, homes, barns, auto and liability.

Cashe forays into insurance broking with Centcart acquisition 

The acquisition will allow Cashe to offer various life and general insurance products from all insurance companies in India.

Verisk rolls out index for actuarial risk pattern analysis 

The launch introduces loss level metrics by state for homeowners insurance, with plans for expansion to other key business lines.

Aurora gains AXA backing for new commercial combined offering 

The new product extends up to £12.5m ($16.01m) in property indemnity as well as £10m in public liability coverage.

NI Holdings closes sale of Westminster American Insurance  

The company intends to use the proceeds from this transaction, valued at $10.5m, for general corporate purposes.

Star Health launches home healthcare services in 50 cities across India  

The service package covers professional and nursing fees, medications and lab tests, eliminating out-of-pocket expenses.

LIC of India increases stake in Sri Lankan arm LIC Lanka   

The capital injection is intended to meet the regulatory requirements set by the Insurance Regulatory Commission of Sri Lanka.

AutoRek partners J.P. Morgan Payments to streamline premium processing 

The collaboration will allow insurance companies to simplify cash allocation, matching and credit control processes.

Mapfre Re secures regulatory approval to establish new branch in Beijing, China 

The Beijing branch is expected to enhance Mapfre Re’s service offerings and bolster support for its Chinese clientele.