All articles by vidhya munnangi

vidhya munnangi

Advent to take Sapiens private in $2.5bn deal 

Sapiens will use the resources and expertise provided by Advent to support its global expansion. 

Lockton names new chief growth officer in US 

Hiram Marrero’s primary focus will be to facilitate the company’s growth within the US. 

Modives and Venn offer insurance cover for multifamily homes 

The partnership enables the integration of Modives’ CheckMy Resident platform with Venn’s resident operating system. 

Specialist Risk Group buys City Quarter Brokers  

The acquisition is expected to enhance SRG’s service offerings in the placement of complex risk.  

Pole Star Global buys maritime tech company Clearwater Dynamics  

Pole Star will integrate Clearwater’s real-time vessel risk monitoring and marine insurance capabilities into its existing portfolio. 

Zurich North America introduces insurance solution for construction projects 

The solution provides a unified policy framework that encompasses claims handling, risk engineering services and multinational coverage.  

Westland Insurance snaps up Paul Ayotte Insurance Brokers  

PAIB has a portfolio that includes a variety of insurance products including auto, home, business, cottage and leisure insurance.  

Liberty Mutual agrees to pay $4.7m over bribery charges in India 

The insurance company came under scrutiny over claims that its Indian operation had paid approximately $1.5m in bribes to intermediaries.  

Chubb appoints new president and CUO of Global Surety  

Following Steve Haney’s promotion, Teresa Black will step into the role of division president at North America Surety. 

Central Bank of India partners with Tata AIG to launch TReDS insurance policy  

The new policy aims to enhance security and confidence for MSMEs and financiers on TReDS platforms.