Insurance
Financials
Alera Group acquires HighRidge Insurance Services
Alera Group, a leading national insurance firm announced its acquisition of HighRidge Insurance Services. HighRidge, located in Westlake Village, California, provides employee benefits services to clients throughout the state. With an emphasis in strategy consulting, the firm designs benefit...
Insurance
Edelweiss Tokio Life ties up with MobiKwik to offer insurance solutions
Edelweiss Tokio Life Insurance, a private life insurer, has tied up with MobiKwik, a leading fintech platform, to offer mobile-based group insurance solutions for the latter’s customers.
Through this partnership, Edelweiss Tokio Life will offer life insurance in the variants...
Company Statements
Aviva plans to sell insurance business in India, other Asian countries
British life and general insurer Aviva (AV.L) is looking to sell its Asia business, valuing the unit at more than $2 billion, two sources familiar with the matter told Reuters.
Aviva is working with a financial adviser on a possible...
Company Statements
Travelers Companies Now Sends Insurance Claim Payments Via PayPal
The Travelers Companies, Inc. says its insurance customers can now receive claim payments through the digital platform PayPal. Auto, property and general liability claims can use Travelers’ link to PayPal for fast and easy reimbursement, the company said in...
Asia Pacific
Zurich completes 1.6bn acquisition of Australian life insurer OnePath Life
Zurich Insurance Group has wrapped up its previously announced A$2.85bn (£1.57bn) acquisition of OnePath Life, the former Australian life insurance business of ANZ.
OnePath Life provides a variety of wealth and insurance products through financial advisers or directly to customers....
Company Statements
Royal London selects Willis Towers Watsons pricing software for life insurance
Royal London has licensed Willis Towers Watson’s Radar Live quotation software for use in its protection business, making it the first UK company to use the software for life insurance business.
Royal London are now also using Radar Live to...
Company Statements
CLARA analytics introduces a cutting-edge AI-based toolkit to improve risk management
CLARA analytics , the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, announced an advanced AI-based toolkit to assist risk managers in evaluating an entire claim population’s performance, understanding the underlying costs that affect a...
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