Jensten Group buys insurance broker Sydney Packett & Sons
UK-based insurance services provider Jensten Group has acquired specialist mid-market commercial broker Sydney Packett & Sons, to boost its offerings in the country. Financial details of…
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Higginbotham expands Oklahoma reach with Vaughan Insurance merger
Texas-based independent insurance firm Higginbotham has merged its operations with Oklahoma-based commercial insurance firm Vaughan Insurance Group. The merger…
Premia forms reinsurance sidecar vehicle Elevation Re
Premia Holdings has expanded its reinsurance capacity by establishing a sidecar vehicle, named Elevation Re (SPC) Limited. The newly…
One80 Intermediaries acquires reinsurance company Brokers’ Risk
US-based insurer One80 Intermediaries has acquired the reinsurance intermediary and Managing General Underwriter (MGU) Brokers’ Risk for an undisclosed…
W. R. Berkley establishes special purpose insurer Lifson Re in Bermuda
W.R. Berkley Corporation has formed a special purpose insurance agency, called Lifson Re, in Bermuda. The newly created venture…
Voya Financial received nod to sell individual life business to Resolution Life
Voya Financial has received all the regulatory approvals to offload its individual life and other legacy non-retirement annuities businesses…
Colonial Life rolls out new critical illness insurance cover for Covid-19
US-based Colonial Life has launched a new group critical illness plan bundled with an optional rider, offering a lump…
Sapiens integrates with Gradient AI to boost underwriting and claims processes
Sapiens International has joined forces with Gradient AI to apply predictive insights to workers’ compensation underwriting and claims processes.…
Chubb to become official sponsor of US Open Tennis grand slam
Chubb has signed a multi-year agreement to become the official insurance sponsor of the US Open Tennis championships. As…